Betterware de México, S.A.P.I. de C.V. (BWMX) Expected to Announce Earnings on Thursday

Key Points

• Betterware de México, S.A.P.I. de C.V. is expected to announce earnings on October 23rd, with projections of $0.44 per share and revenue of $3.5891 billion.
• The company has recently increased its quarterly dividend to $0.2566, representing a dividend yield of 7.9%.
• Institutional ownership of Betterware de México, S.A.P.I. de C.V. stands at 12.72%, with BNP Paribas Financial Markets increasing its stake by 3.4% in the last quarter.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) is projected to post its results after the market closes on Thursday, October 23rd. Analysts expect Betterware de México, S.A.P.I. de C.V. to post earnings of $0.44 per share and revenue of $3.5891 billion for the quarter.

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

NASDAQ:BWMX opened at $12.96 on Thursday. Betterware de México, S.A.P.I. de C.V. has a fifty-two week low of $7.00 and a fifty-two week high of $14.46. The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.50 and a current ratio of 1.07. The company has a 50 day moving average price of $13.20 and a 200 day moving average price of $10.91. The stock has a market capitalization of $483.63 million, a P/E ratio of 9.26 and a beta of 1.24.

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

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were issued a $0.2566 dividend. This represents a $1.03 dividend on an annualized basis and a dividend yield of 7.9%. This is an increase from Betterware de México, S.A.P.I. de C.V.'s previous quarterly dividend of $0.25. The ex-dividend date was Monday, August 11th. Betterware de México, S.A.P.I. de C.V.'s dividend payout ratio (DPR) is presently 129.11%.

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

An institutional investor recently raised its position in Betterware de México, S.A.P.I. de C.V. stock. BNP Paribas Financial Markets increased its stake in shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Free Report) by 3.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,902 shares of the company's stock after purchasing an additional 1,709 shares during the quarter. BNP Paribas Financial Markets owned 0.14% of Betterware de México, S.A.P.I. de C.V. worth $449,000 at the end of the most recent quarter. 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 selling company in the United Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; and technology and mobility.

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