Betterware de Mexico SAPI de C (NYSE:BWMX) Sees Large Volume Increase – Time to Buy?

Betterware de Mexico SAPI de C (NYSE:BWMX) saw unusually-high trading volume on Monday . Approximately 63,457 shares traded hands during trading, a decline of 33% from the previous session’s volume of 94,560 shares.The stock last traded at $15.83 and had previously closed at $16.73.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BWMX. 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. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Betterware de Mexico SAPI de C Stock Performance

The stock has a market cap of $642.50 million, a P/E ratio of 9.41 and a beta of 1.03. The firm’s 50-day moving average is $17.78 and its two-hundred day moving average is $17.63. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. The firm 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%. As a group, research analysts expect that Betterware de Mexico SAPI de C will post 2.62 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be paid a $0.3252 dividend. This represents a $1.30 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, August 6th. This is a boost from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 60.11%.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

A number of large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new position in Betterware de Mexico SAPI de C during the first quarter valued at about $29,000. Confluence Investment Management LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 17.1% during the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock worth $218,000 after acquiring an additional 1,768 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of Betterware de Mexico SAPI de C by 88,706.7% during the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after acquiring an additional 13,306 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth about $613,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Betterware de Mexico SAPI de C during the 1st quarter valued at about $785,000. 12.72% of the stock is currently owned by institutional investors.

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.