Betterware de Mexico SAPI de C (NYSE:BWMX) Posts Earnings Results, Misses Expectations By $0.15 EPS

Betterware de Mexico SAPI de C (NYSE:BWMX) released its quarterly earnings data on Thursday. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.15), Zacks reports. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%.

Betterware de Mexico SAPI de C Stock Performance

Shares of BWMX traded up $0.13 during mid-day trading on Thursday, reaching $16.02. The company’s stock had a trading volume of 29,734 shares, compared to its average volume of 87,851. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96. Betterware de Mexico SAPI de C has a 1-year low of $12.91 and a 1-year high of $19.79. The business has a 50-day simple moving average of $16.16 and a two-hundred day simple moving average of $17.05. The stock has a market cap of $632.79 million, a P/E ratio of 8.76 and a beta of 0.99.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BWMX. Zacks Research upgraded shares of Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Tuesday, September 1st. Finally, Wall Street Zen raised shares of 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Insider Buying and Selling

In other Betterware de Mexico SAPI de C news, CEO Andres Campos Chevallier bought 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were acquired at an average cost of $16.41 per share, with a total value of $492,300.00. Following the acquisition, the chief executive officer owned 80,000 shares of the company’s stock, valued at $1,312,800. The trade was a 60.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Luis Campos purchased 46,830 shares of the company’s stock in a transaction that occurred 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 purchase, the chairman owned 20,249,565 shares in the company, valued at $332,295,361.65. This trade represents a 0.23% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 200,762 shares of company stock valued at $3,306,350.

About Betterware de Mexico SAPI de C

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.