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

Betterware de Mexico SAPI de C (NYSE:BWMX) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty 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 trading hands.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BWMX shares. Wall Street Zen upgraded shares of Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 5th. Zacks Research raised shares of Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Betterware de Mexico SAPI de C currently has an average rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Stock Performance

The firm has a market cap of $660.35 million, a P/E ratio of 8.58 and a beta of 0.99. The company has a debt-to-equity ratio of 2.51, a quick ratio of 0.47 and a current ratio of 0.99. The stock’s 50-day moving average is $16.15 and its 200 day moving average is $17.21.

Betterware de Mexico SAPI de C (NYSE:BWMX) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.17). Betterware de Mexico SAPI de C had a net margin of 8.08% and a return on equity of 70.20%. The business had revenue of $267.27 million during the quarter. On average, research 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 5th will be given a $0.3424 dividend. The ex-dividend date of this dividend is Thursday, November 5th. This represents a $1.37 annualized dividend and a yield of 8.2%. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.3252. Betterware de Mexico SAPI de C’s payout ratio is presently 66.67%.

Insider Activity at Betterware de Mexico SAPI de C

In other news, CEO Andres Campos Chevallier bought 30,000 shares of the stock in a transaction on Tuesday, September 15th. The stock was purchased at an average price of $16.41 per share, for a total transaction of $492,300.00. Following the acquisition, the chief executive officer owned 80,000 shares in the company, valued at approximately $1,312,800. This trade represents a 60.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Santiago Campos Chevallier purchased 15,000 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was purchased at an average cost of $16.46 per share, for a total transaction of $246,900.00. Following the purchase, the insider directly owned 95,000 shares in the company, valued at approximately $1,563,700. This trade represents a 18.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 153,932 shares of company stock valued at $2,537,870.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio bought a new position in shares of Betterware de Mexico SAPI de C during the first quarter worth about $29,000. Confluence Investment Management LLC raised its position in Betterware de Mexico SAPI de C by 17.1% in the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after buying an additional 1,768 shares during the last quarter. NewEdge Advisors LLC lifted 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 valued at $225,000 after acquiring an additional 13,306 shares in the last quarter. Sei Investments Co. bought a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at approximately $613,000. Finally, Lazard Asset Management LLC bought a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at approximately $785,000. 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.