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)’s share price gapped down before the market opened 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 traded.

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

The stock’s 50-day simple moving average is $18.18 and its two-hundred day simple moving average is $15.44. The stock has a market cap of $740.73 million, a price-to-earnings ratio of 11.55 and a beta of 1.38. The company has a debt-to-equity ratio of 3.31, a quick ratio of 0.51 and a current ratio of 1.04.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.34. The firm had revenue of $194.06 million during the quarter, compared to analyst estimates of $174.51 million. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.11% and a return on equity of 82.34%. Analysts forecast that Betterware de México, S.A.P.I. de C.V. will post 2.02 earnings per share for the current year.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Friday, March 8th were paid a dividend of $0.3521 per share. This is a boost from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. This represents a $1.41 annualized dividend and a dividend yield of 8.20%. The ex-dividend date of this dividend was Thursday, March 7th. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is 88.13%.

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

Hedge funds have recently modified their holdings of the stock. Confluence Investment Management LLC bought a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the first quarter valued at approximately $223,000. D.A. Davidson & CO. acquired a new position in Betterware de México, S.A.P.I. de C.V. in the fourth quarter valued at approximately $406,000. CWA Asset Management Group LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. in the fourth quarter valued at approximately $467,000. Acadian Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. in the third quarter valued at approximately $548,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. in the third quarter valued at approximately $808,000. 12.72% of the stock is owned by institutional investors.

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.