Betterware de Mexico SAPI de C (NYSE:BWMX) Announces Earnings Results, Beats Expectations By $0.01 EPS

Betterware de Mexico SAPI de C (NYSE:BWMX) issued its earnings results on Thursday. The company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01, Zacks reports. Betterware de Mexico SAPI de C had a return on equity of 93.25% and a net margin of 4.08%.

Betterware de Mexico SAPI de C Stock Performance

NYSE BWMX opened at $12.94 on Friday. The company has a fifty day moving average price of $13.19. Betterware de Mexico SAPI de C has a one year low of $7.00 and a one year high of $14.46. The company has a current ratio of 0.93, a quick ratio of 0.46 and a debt-to-equity ratio of 3.07. The firm has a market cap of $482.92 million, a P/E ratio of 16.38 and a beta of 1.24.

Betterware de Mexico SAPI de C Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were paid a $0.2851 dividend. This represents a $1.14 annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend was Monday, August 11th. Betterware de Mexico SAPI de C’s dividend payout ratio is currently 130.38%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BWMX. Wall Street Zen upgraded Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Betterware de Mexico SAPI de C in a research report on Wednesday, October 8th. Finally, Zacks Research lowered Betterware de Mexico SAPI de C from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico, SAB. de C.V. operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio, including home solutions, kitchen and food preservation, technology and mobility, and other categories. It serves approximately 3 million households through distributors and associates in approximately 800 communities throughout Mexico.