Betterware de Mexico SAPI de C (NYSE:BWMX) Releases Quarterly Earnings Results

Betterware de Mexico SAPI de C (NYSE:BWMX) released its quarterly earnings results on Thursday. The company reported $999.00 earnings per share for the quarter, Zacks reports. Betterware de Mexico SAPI de C had a return on equity of 87.14% and a net margin of 7.35%.

Betterware de Mexico SAPI de C Trading Down 4.5%

BWMX stock traded down $0.83 during midday trading on Thursday, reaching $17.44. The company’s stock had a trading volume of 136,251 shares, compared to its average volume of 111,726. The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.44 and a current ratio of 0.92. The stock has a fifty day simple moving average of $17.72 and a two-hundred day simple moving average of $15.94. Betterware de Mexico SAPI de C has a 1 year low of $7.00 and a 1 year high of $19.79. The firm has a market capitalization of $650.97 million, a price-to-earnings ratio of 11.87 and a beta of 1.20.

Betterware de Mexico SAPI de C Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Monday, March 9th were paid a $0.3103 dividend. The ex-dividend date was Monday, March 9th. This represents a $1.24 dividend on an annualized basis and a yield of 7.1%. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is presently 76.19%.

Institutional Trading of Betterware de Mexico SAPI de C

An institutional investor recently raised its position in Betterware de Mexico SAPI de C stock. State Street Corp grew its holdings in Betterware de Mexico SAPI de C (NYSE:BWMX) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,082 shares of the company’s stock after purchasing an additional 5,881 shares during the period. State Street Corp owned about 0.24% of Betterware de Mexico SAPI de C worth $1,280,000 as of its most recent filing with the Securities & Exchange Commission. 12.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BWMX. Weiss Ratings upgraded Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Freedom Capital upgraded Betterware de Mexico SAPI de C to a “strong-buy” rating in a report on Friday, January 2nd. Finally, Zacks Research lowered Betterware de Mexico SAPI de C from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.