Betterware de Mexico SAPI de C (NYSE:BWMX) Issues Quarterly Earnings Results

Betterware de Mexico SAPI de C (NYSE:BWMX) announced its quarterly earnings data on Thursday. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.17), FiscalAI reports. The company had revenue of $267.27 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.

Betterware de Mexico SAPI de C Stock Performance

Shares of BWMX traded up $0.13 during trading hours on Thursday, hitting $16.02. The company’s stock had a trading volume of 30,383 shares, compared to its average volume of 87,857. The company has a market cap of $632.79 million, a price-to-earnings ratio of 8.76 and a beta of 0.99. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. The business has a 50 day simple moving average of $16.16 and a two-hundred day simple moving average of $17.05. Betterware de Mexico SAPI de C has a 52-week low of $12.91 and a 52-week high of $19.79.

Insider Activity

In other Betterware de Mexico SAPI de C news, CEO Andres Campos Chevallier purchased 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average cost of $16.41 per share, for a total transaction of $492,300.00. Following the purchase, the chief executive officer owned 80,000 shares of the company’s stock, valued at $1,312,800. This represents a 60.00% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Santiago Campos Chevallier acquired 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was acquired at an average cost of $16.46 per share, with a total value of $246,900.00. Following the completion of the acquisition, the insider owned 95,000 shares in the company, valued at $1,563,700. This trade represents a 18.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 200,762 shares of company stock valued at $3,306,350 over the last quarter.

Wall Street Analyst Weigh In

BWMX has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. Zacks Research upgraded Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Wall Street Zen raised Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Betterware de Mexico SAPI de C presently has an average rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Company Profile

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, distributes and sells products for the home, personal care and beauty markets. Its Betterware brand is known primarily for home-organization, kitchen, cleaning, storage and lifestyle products.

The company sells through a network of independent distributors and representatives, supported by product catalogs, digital commerce and other direct-selling channels. This model allows Betterware to reach consumers across Mexico and provides distributors with product, ordering and promotional support.

In 2022, Betterware de México expanded its business through the acquisition of JAFRA, an international direct-selling beauty company.