Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) CEO Andres Campos Chevallier bought 10,000 shares of the stock in a transaction dated Tuesday, April 28th. The stock was bought at an average cost of $16.81 per share, with a total value of $168,100.00. Following the purchase, the chief executive officer owned 50,000 shares in the company, valued at $840,500. The trade was a 25.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Betterware de Mexico SAPI de C Trading Up 1.6%
NYSE BWMX opened at $17.09 on Friday. Betterware de Mexico SAPI de C has a 1-year low of $7.00 and a 1-year high of $19.79. The company has a current ratio of 0.93, a quick ratio of 0.47 and a debt-to-equity ratio of 2.10. The stock has a 50-day moving average of $17.53 and a 200-day moving average of $16.10. The firm has a market cap of $637.87 million, a PE ratio of 10.05 and a beta of 1.20.
Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last released its quarterly earnings results on Wednesday, April 1st. The company reported $0.42 EPS for the quarter. The business had revenue of $196.19 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 89.15% and a net margin of 8.19%. As a group, sell-side analysts forecast that Betterware de Mexico SAPI de C will post 2.37 EPS for the current year.
Betterware de Mexico SAPI de C Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Monday, March 9th were given a dividend of $0.3103 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $1.24 dividend on an annualized basis and a yield of 7.3%. Betterware de Mexico SAPI de C's dividend payout ratio is presently 65.88%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp grew its holdings in shares of Betterware de Mexico SAPI de C by 7.0% during the 4th quarter. State Street Corp now owns 90,082 shares of the company's stock worth $1,280,000 after acquiring an additional 5,881 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Betterware de Mexico SAPI de C by 11.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company's stock worth $862,000 after acquiring an additional 6,274 shares during the period. Finally, Quattro Financial Advisors LLC grew its holdings in shares of Betterware de Mexico SAPI de C by 42.9% during the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company's stock worth $710,000 after acquiring an additional 15,000 shares during the period. Hedge funds and other institutional investors own 12.72% of the company's stock.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on BWMX shares. Freedom Capital raised Betterware de Mexico SAPI de C to a "strong-buy" rating in a research report on Friday, January 2nd. Zacks Research lowered Betterware de Mexico SAPI de C from a "hold" rating to a "strong sell" rating in a research report on Wednesday. Finally, Weiss Ratings raised Betterware de Mexico SAPI de C from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Betterware de Mexico SAPI de C has a consensus rating of "Moderate Buy".
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Betterware de Mexico SAPI de C Company Profile
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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.
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