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 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 changing hands.

Betterware de México, S.A.P.I. de C.V. Trading Down 12.3 %

The stock has a market cap of $730.66 million, a P/E ratio of 9.60 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 company has a 50-day moving average price of $18.38 and a two-hundred day moving average price of $15.47.

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 firm 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%. On average, research analysts expect 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 business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Friday, March 8th were given a dividend of $0.3521 per share. The ex-dividend date was Thursday, March 7th. This represents a $1.41 annualized dividend and a dividend yield of 8.20%. 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 payout ratio is currently 78.77%.

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

Several hedge funds have recently bought and sold shares of BWMX. Sagil Capital LLP grew its position in Betterware de México, S.A.P.I. de C.V. by 39.1% in the 3rd quarter. Sagil Capital LLP now owns 53,534 shares of the company’s stock valued at $872,000 after acquiring an additional 15,048 shares during the last quarter. Acadian Asset Management LLC bought a new position in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter valued at $548,000. O Shaughnessy Asset Management LLC bought a new position in Betterware de México, S.A.P.I. de C.V. in the 3rd quarter valued at $808,000. D.A. Davidson & CO. bought a new position in Betterware de México, S.A.P.I. de C.V. in the 4th quarter valued at $406,000. Finally, CWA Asset Management Group LLC bought a new position in Betterware de México, S.A.P.I. de C.V. in the 4th quarter valued at $467,000. 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.