Betterware de México, S.A.P.I. de C.V. (BWMX) to Release Earnings on Thursday

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) is anticipated to release its results after the market closes on Thursday, October 23rd. Analysts expect Betterware de México, S.A.P.I. de C.V. to post earnings of $0.44 per share and revenue of $3.5891 billion for the quarter.

Betterware de México, S.A.P.I. de C.V. Trading Down 1.6%

Shares of BWMX stock opened at $12.85 on Tuesday. Betterware de México, S.A.P.I. de C.V. has a fifty-two week low of $7.00 and a fifty-two week high of $14.46. The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.50 and a current ratio of 1.07. The stock’s fifty day moving average is $13.20 and its two-hundred day moving average is $10.93. The firm has a market capitalization of $479.41 million, a P/E ratio of 9.18 and a beta of 1.24.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were paid a $0.2566 dividend. This is an increase from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.25. This represents a $1.03 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend was Monday, August 11th. Betterware de México, S.A.P.I. de C.V.’s payout ratio is 129.11%.

Institutional Trading of Betterware de México, S.A.P.I. de C.V.

An institutional investor recently raised its position in Betterware de México, S.A.P.I. de C.V. stock. BNP Paribas Financial Markets lifted its stake in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 3.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,902 shares of the company’s stock after purchasing an additional 1,709 shares during the period. BNP Paribas Financial Markets owned 0.14% of Betterware de México, S.A.P.I. de C.V. worth $449,000 as of its most recent SEC filing. 12.72% of the stock is owned by institutional investors and hedge funds.

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 selling company in the United Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; and technology and mobility.