Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Shares Gap Down to $19.58

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $19.58, but opened at $18.18. Betterware de México, S.A.P.I. de C.V. shares last traded at $17.37, with a volume of 39,382 shares traded.

Betterware de México, S.A.P.I. de C.V. Stock Performance

The company has a debt-to-equity ratio of 3.31, a quick ratio of 0.51 and a current ratio of 1.04. The firm has a market cap of $740.73 million, a P/E ratio of 11.55 and a beta of 1.38. The business’s 50-day simple moving average is $18.18 and its 200 day simple moving average is $15.44.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last announced its earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.34. The firm had revenue of $194.06 million for the quarter, compared to analysts’ expectations of $174.51 million. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.11% and a return on equity of 82.34%. As a group, equities analysts predict that Betterware de México, S.A.P.I. de C.V. will post 2.02 earnings per share for the current year.

Betterware de México, S.A.P.I. de C.V. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Friday, March 8th were paid a $0.3521 dividend. This is an increase from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. This represents a $1.41 dividend on an annualized basis and a yield of 8.20%. The ex-dividend date of this dividend was Thursday, March 7th. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is currently 88.13%.

Hedge Funds Weigh In On Betterware de México, S.A.P.I. de C.V.

Hedge funds and other institutional investors have recently modified their holdings of the business. Confluence Investment Management LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. during the first quarter valued at approximately $223,000. D.A. Davidson & CO. acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. in the fourth quarter worth $406,000. CWA Asset Management Group LLC acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. in the fourth quarter worth $467,000. Acadian Asset Management LLC acquired a new stake in Betterware de México, S.A.P.I. de C.V. during the third quarter valued at $548,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Betterware de México, S.A.P.I. de C.V. during the third quarter valued at $808,000. 12.72% of the stock is currently owned by institutional investors.

Betterware de México, S.A.P.I. de C.V. Company Profile

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility.