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

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) will be issuing its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings data on Thursday, February 22nd. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.34. Betterware de México, S.A.P.I. de C.V. had a return on equity of 82.34% and a net margin of 8.11%. The business had revenue of $194.06 million for the quarter, compared to analyst estimates of $174.51 million. On average, analysts expect Betterware de México, S.A.P.I. de C.V. to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Betterware de México, S.A.P.I. de C.V. Trading Down 0.3 %

Shares of BWMX stock opened at $18.59 on Thursday. The company has a market capitalization of $693.78 million, a price-to-earnings ratio of 11.62 and a beta of 1.38. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 3.31. The firm has a 50-day moving average price of $17.61 and a 200 day moving average price of $15.35. Betterware de México, S.A.P.I. de C.V. has a twelve month low of $9.77 and a twelve month high of $21.28.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Friday, March 8th were given a $0.3521 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date was Thursday, March 7th. This is a positive change from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. Betterware de México, S.A.P.I. de C.V.’s payout ratio is currently 87.50%.

Institutional Investors Weigh In On Betterware de México, S.A.P.I. de C.V.

Hedge funds have recently made changes to their positions in the business. Sagil Capital LLP lifted its position in Betterware de México, S.A.P.I. de C.V. by 88.6% during the second quarter. Sagil Capital LLP now owns 38,486 shares of the company’s stock worth $498,000 after buying an additional 18,083 shares during the period. Lazard Asset Management LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the second quarter valued at approximately $38,000. Marshall Wace LLP acquired a new position in Betterware de México, S.A.P.I. de C.V. during the second quarter worth approximately $161,000. State Street Corp raised its stake in Betterware de México, S.A.P.I. de C.V. by 5.4% during the second quarter. State Street Corp now owns 69,273 shares of the company’s stock worth $896,000 after purchasing an additional 3,533 shares during the period. Finally, Verition Fund Management LLC acquired a new position in shares of Betterware de México, S.A.P.I. de C.V. in the 2nd quarter valued at $113,000. Institutional investors and hedge funds own 12.72% of the company’s stock.

About Betterware de México, S.A.P.I. de C.V.

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.