Key Points
- Chairman Luis Campos bought 21,829 BWMX shares at $17 each for $371,093, increasing his stake by 0.11% to approximately 20.28 million shares. He also made three other purchases in late July and early August.
- Betterware reported quarterly EPS of $0.57 on revenue of $237.83 million, while analysts expect full-year EPS of $2.48. The stock opened at $16.14, with a 52-week range of $12.34 to $19.79.
- The company raised its quarterly dividend to $0.3252 per share, implying an annualized dividend of $1.30 and an 8.1% yield. Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating.
Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) Chairman Luis Campos purchased 3,186 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average cost of $17.00 per share, for a total transaction of $54,162.00. Following the completion of the transaction, the chairman owned 20,256,668 shares in the company, valued at approximately $344,363,356. This represents a 0.02% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Luis Campos also recently made the following trade(s):
- On Tuesday, August 4th, Luis Campos acquired 21,829 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average cost of $17.00 per share, with a total value of $371,093.00.
- On Friday, July 31st, Luis Campos bought 3,917 shares of Betterware de Mexico SAPI de C stock. The shares were acquired at an average cost of $16.93 per share, for a total transaction of $66,314.81.
- On Monday, July 27th, Luis Campos purchased 46,830 shares of Betterware de Mexico SAPI de C stock. The stock was acquired at an average price of $16.41 per share, for a total transaction of $768,480.30.
Betterware de Mexico SAPI de C Trading Down 3.5%
Betterware de Mexico SAPI de C stock opened at $16.14 on Tuesday. Betterware de Mexico SAPI de C has a 1 year low of $12.34 and a 1 year high of $19.79. The firm's 50-day moving average is $17.76 and its 200-day moving average is $17.65. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. The company has a market cap of $602.34 million, a P/E ratio of 8.82 and a beta of 1.05.
Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last announced its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. The business had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. On average, equities analysts expect that Betterware de Mexico SAPI de C will post 2.48 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, August 20th. Investors of record on Thursday, August 6th will be issued a $0.3252 dividend. This is a boost from Betterware de Mexico SAPI de C's previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.1%. Betterware de Mexico SAPI de C's dividend payout ratio is 71.04%.
Institutional Investors Weigh In On Betterware de Mexico SAPI de C
A number of institutional investors and hedge funds have recently modified their holdings of BWMX. Confluence Investment Management LLC lifted its holdings in shares of Betterware de Mexico SAPI de C by 17.1% during the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company's stock valued at $218,000 after purchasing an additional 1,768 shares during the last quarter. NewEdge Advisors LLC increased its stake in 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 worth $225,000 after purchasing an additional 13,306 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in Betterware de Mexico SAPI de C during the 1st quarter worth about $785,000. Public Employees Retirement System of Ohio acquired a new stake in Betterware de Mexico SAPI de C during the 1st quarter worth about $29,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Betterware de Mexico SAPI de C by 177.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company's stock valued at $1,224,000 after buying an additional 46,452 shares in the last quarter. 12.72% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
BWMX has been the topic of several recent analyst reports. Weiss Ratings raised Betterware de Mexico SAPI de C from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, June 4th. Zacks Research lowered Betterware de Mexico SAPI de C from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold".
Check Out Our Latest Stock Analysis on BWMX
Betterware de Mexico SAPI de C Company Profile
(
Get Free Report)
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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