Betterware de Mexico SAPI de C (NYSE:BWMX) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Key Points

• Betterware de Mexico SAPI de C reported a quarterly EPS of $0.45, exceeding estimates by $0.01.
• The company declared a quarterly dividend of $0.2851, representing an annualized yield of 8.8% with a payout ratio of 130.38%.
• Analysts have mixed ratings for the stock, with some maintaining a "Hold" rating while others recently upgraded it to a "strong-buy" rating.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.45 EPS for the quarter, topping the consensus estimate 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 Price Performance

NYSE BWMX traded up $0.02 during trading hours on Thursday, reaching $12.94. The company's stock had a trading volume of 30,280 shares, compared to its average volume of 41,036. The stock has a market capitalization of $482.92 million, a price-to-earnings ratio of 16.38 and a beta of 1.24. Betterware de Mexico SAPI de C has a 1-year low of $7.00 and a 1-year high of $14.46. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.93 and a quick ratio of 0.46. The firm has a 50-day moving average price of $13.19.

Betterware de Mexico SAPI de C Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BWMX. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Betterware de Mexico SAPI de C in a research report on Wednesday, October 8th. 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. Finally, Wall Street Zen upgraded Betterware de Mexico SAPI de C from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average 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.

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