Betterware de Mexico SAPI de C (NYSE:BWMX) Rating Lowered to Buy at Wall Street Zen

Betterware de Mexico SAPI de C (NYSE:BWMX) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

BWMX has been the topic of several other research reports. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. Zacks Research cut Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Betterware de Mexico SAPI de C currently has an average rating of “Hold”.

Betterware de Mexico SAPI de C Price Performance

Betterware de Mexico SAPI de C stock opened at $16.05 on Friday. The company has a market capitalization of $598.99 million, a PE ratio of 8.77 and a beta of 1.05. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. Betterware de Mexico SAPI de C has a fifty-two week low of $12.34 and a fifty-two week high of $19.79. The firm has a 50 day moving average price of $17.38 and a 200 day moving average price of $17.50.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%.The company had revenue of $237.83 million for the quarter. Research analysts expect that Betterware de Mexico SAPI de C will post 2.5 earnings per share for the current year.

Insider Buying and Selling

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos purchased 46,830 shares of the company’s stock in a transaction on Monday, July 27th. The stock was acquired at an average price of $16.41 per share, for a total transaction of $768,480.30. Following the completion of the purchase, the chairman directly owned 20,249,565 shares in the company, valued at approximately $332,295,361.65. The trade was a 0.23% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 75,762 shares of company stock valued at $1,260,050.

Institutional Trading of Betterware de Mexico SAPI de C

Several hedge funds have recently modified their holdings of the stock. Lazard Asset Management LLC acquired a new position in Betterware de Mexico SAPI de C during the 1st quarter worth $785,000. Arrowstreet Capital Limited Partnership raised its position in Betterware de Mexico SAPI de C by 177.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock valued at $1,224,000 after purchasing an additional 46,452 shares in the last quarter. Sei Investments Co. acquired a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at about $613,000. NewEdge Advisors LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 88,706.7% in the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after buying an additional 13,306 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Betterware de Mexico SAPI de C by 11.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock valued at $862,000 after buying an additional 6,274 shares during the period. 12.72% of the stock is currently owned by institutional investors and hedge funds.

About Betterware de Mexico SAPI de C

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.