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

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) is anticipated to announce its results after the market closes on Thursday, October 23rd. Analysts expect the company to announce 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. Price Performance

BWMX opened at $12.78 on Wednesday. The company has a market capitalization of $476.91 million, a price-to-earnings ratio of 9.13 and a beta of 1.24. The company has a quick ratio of 0.50, a current ratio of 1.07 and a debt-to-equity ratio of 3.85. The firm has a 50-day moving average price of $13.19 and a 200-day moving average price of $10.95. Betterware de México, S.A.P.I. de C.V. has a twelve month low of $7.00 and a twelve month high of $14.46.

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

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were paid a $0.2566 dividend. The ex-dividend date was Monday, August 11th. This is a positive change 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%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is 129.11%.

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

A hedge fund recently raised its stake in Betterware de México, S.A.P.I. de C.V. stock. BNP Paribas Financial Markets boosted its position in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) by 3.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,902 shares of the company’s stock after acquiring 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. Institutional investors 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 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.