Betterware de Mexico SAPI de C (NYSE:BWMX) Stock Breaks Above 50 Day Moving Average – Time to Sell?

Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $16.15 and traded as high as $17.46. Betterware de Mexico SAPI de C shares last traded at $16.7220, with a volume of 258,584 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BWMX. Wall Street Zen raised Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 5th. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Zacks Research raised Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Betterware de Mexico SAPI de C currently has an average rating of “Buy”.

Betterware de Mexico SAPI de C Stock Performance

The company has a market capitalization of $656.68 million, a PE ratio of 8.53 and a beta of 1.04. The stock’s fifty day simple moving average is $16.18 and its 200-day simple moving average is $17.21. The company has a debt-to-equity ratio of 2.51, a quick ratio of 0.47 and a current ratio of 0.99.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its earnings results on Thursday, October 22nd. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.17). The firm had revenue of $267.27 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 70.20% and a net margin of 8.08%. As a group, equities analysts predict that Betterware de Mexico SAPI de C will post 2.50 earnings per share for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 5th will be given a $0.3424 dividend. This represents a $1.37 annualized dividend and a yield of 8.2%. This is a positive change from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.3252. The ex-dividend date of this dividend is Thursday, November 5th. Betterware de Mexico SAPI de C’s dividend payout ratio is 63.08%.

Insider Buying and Selling

In related news, Chairman Luis Campos purchased 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The shares were purchased at an average cost of $16.44 per share, with a total value of $575,400.00. Following the completion of the acquisition, the chairman directly owned 20,358,497 shares of the company’s stock, valued at approximately $334,693,690.68. The trade was a 0.17% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Santiago Campos Chevallier purchased 15,000 shares of Betterware de Mexico SAPI de C stock in a transaction dated Wednesday, September 16th. The shares were bought at an average cost of $16.46 per share, for a total transaction of $246,900.00. Following the transaction, the insider directly owned 95,000 shares of the company’s stock, valued at approximately $1,563,700. The trade was a 18.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought 153,932 shares of company stock valued at $2,537,870 in the last quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Sei Investments Co. acquired a new position in shares of Betterware de Mexico SAPI de C during the first quarter valued at $613,000. Arrowstreet Capital Limited Partnership lifted its holdings in Betterware de Mexico SAPI de C by 177.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock worth $1,224,000 after purchasing an additional 46,452 shares during the period. Lazard Asset Management LLC acquired a new stake in Betterware de Mexico SAPI de C in the first quarter worth about $785,000. Quattro Financial Advisors LLC lifted its holdings in Betterware de Mexico SAPI de C by 12.1% in the third quarter. Quattro Financial Advisors LLC now owns 110,000 shares of the company’s stock worth $1,827,000 after purchasing an additional 11,890 shares during the period. Finally, NewEdge Advisors LLC grew its position in Betterware de Mexico SAPI de C by 48.6% in the 2nd quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock valued at $356,000 after buying an additional 6,475 shares in the last quarter. 12.72% of the stock is owned by institutional investors and hedge funds.

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.