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

Betterware de Mexico SAPI de C (NYSE:BWMX) posted its quarterly earnings results on Thursday. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01, Zacks reports. Betterware de Mexico SAPI de C had a net margin of 7.23% and a return on equity of 107.38%. The company had revenue of $181.33 million for the quarter, compared to analyst estimates of $193.52 million.

Betterware de Mexico SAPI de C Trading Up 2.1%

BWMX stock opened at $13.25 on Friday. The firm has a market cap of $494.49 million, a P/E ratio of 9.46 and a beta of 1.24. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.46 and a current ratio of 0.93. Betterware de Mexico SAPI de C has a 12 month low of $7.00 and a 12 month high of $14.46. The company has a 50-day simple moving average of $13.20.

Betterware de Mexico SAPI de C Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were issued a $0.2851 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.14 dividend on an annualized basis and a yield of 8.6%. Betterware de Mexico SAPI de C’s dividend payout ratio is presently 73.57%.

Analysts Set New Price Targets

BWMX has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Zacks Research downgraded shares of Betterware de Mexico SAPI de C from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Betterware de Mexico SAPI de C in a research report on Friday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Betterware de Mexico SAPI de C presently has a consensus rating of “Hold”.

About Betterware de Mexico SAPI de C

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.