Betterware de Mexico SAPI de C (NYSE:BWMX) Sees Significant Growth in Short Interest

Betterware de Mexico SAPI de C (NYSE:BWMX) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 28,972 shares, a growth of 17.0% from the February 12th total of 24,766 shares. Based on an average daily trading volume, of 127,047 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 127,047 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Freedom Capital upgraded Betterware de Mexico SAPI de C to a “strong-buy” rating in a research report on Friday, January 2nd. Zacks Research raised Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, 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, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

Institutional Trading of Betterware de Mexico SAPI de C

Several institutional investors have recently added to or reduced their stakes in the business. State Street Corp raised its holdings in 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 valued at $1,280,000 after buying an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Betterware de Mexico SAPI de C by 11.5% in 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 last quarter. Finally, Quattro Financial Advisors LLC increased its position in shares of Betterware de Mexico SAPI de C by 42.9% in the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after acquiring an additional 15,000 shares during the period. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Betterware de Mexico SAPI de C Trading Up 0.2%

BWMX stock opened at $16.81 on Tuesday. The company has a market capitalization of $627.35 million, a PE ratio of 11.44 and a beta of 1.26. Betterware de Mexico SAPI de C has a one year low of $7.00 and a one year high of $19.79. The company’s 50 day moving average price is $17.74 and its two-hundred day moving average price is $15.16. The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.44 and a current ratio of 0.92.

Betterware de Mexico SAPI de C (NYSE:BWMX) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.18). Betterware de Mexico SAPI de C had a return on equity of 87.14% and a net margin of 7.35%.The business had revenue of $212.26 million during the quarter.

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.