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) 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 changing hands.

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

The firm has a market cap of $730.66 million, a PE ratio of 9.60 and a beta of 1.38. The firm has a 50-day moving average price of $18.38 and a two-hundred day moving average price of $15.47. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 3.31.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last released its earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.34. The business had revenue of $194.06 million for the quarter, compared to the consensus estimate of $174.51 million. Betterware de México, S.A.P.I. de C.V. had a return on equity of 86.92% and a net margin of 8.64%. Research analysts forecast that Betterware de México, S.A.P.I. de C.V. will post 2.02 EPS for the current fiscal year.

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

The company also recently announced 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 annualized dividend and a dividend yield of 8.20%. The ex-dividend date was Thursday, March 7th. This is an increase 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 dividend payout ratio (DPR) is 78.77%.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Confluence Investment Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the first quarter worth $223,000. D.A. Davidson & CO. acquired a new position in Betterware de México, S.A.P.I. de C.V. during the fourth quarter worth $406,000. CWA Asset Management Group LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the fourth quarter worth $467,000. Acadian Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the third quarter worth $548,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the third quarter worth $808,000. Hedge funds and other institutional investors own 12.72% of the company’s stock.

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.