Telsey Advisory Group Comments on Betterware de México, S.A.P.I. de C.V.'s Q2 2024 Earnings (NASDAQ:BWMX)

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Free Report) - Equities research analysts at Telsey Advisory Group increased their Q2 2024 earnings per share (EPS) estimates for shares of Betterware de México, S.A.P.I. de C.V. in a research note issued to investors on Monday, April 29th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will post earnings per share of $0.49 for the quarter, up from their prior forecast of $0.45. The consensus estimate for Betterware de México, S.A.P.I. de C.V.'s current full-year earnings is $2.02 per share. Telsey Advisory Group also issued estimates for Betterware de México, S.A.P.I. de C.V.'s Q3 2024 earnings at $0.50 EPS, Q4 2024 earnings at $0.60 EPS, FY2024 earnings at $2.05 EPS, Q1 2025 earnings at $2.19 EPS and FY2025 earnings at $2.19 EPS.

Betterware de México, S.A.P.I. de C.V. Stock Up 0.4 %

BWMX stock traded up $0.07 during mid-day trading on Wednesday, reaching $16.89. The company had a trading volume of 29,290 shares, compared to its average volume of 47,042. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.55 and a current ratio of 1.04. The company has a market capitalization of $597.44 million, a price-to-earnings ratio of 9.40 and a beta of 1.38. The firm has a fifty day simple moving average of $18.50 and a 200 day simple moving average of $15.44. Betterware de México, S.A.P.I. de C.V. has a fifty-two week low of $9.77 and a fifty-two week high of $21.28.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.34. The company had revenue of $194.06 million for the quarter, compared to analyst estimates of $174.51 million. Betterware de México, S.A.P.I. de C.V. had a return on equity of 83.58% and a net margin of 8.64%.

Institutional Investors Weigh In On Betterware de México, S.A.P.I. de C.V.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Confluence Investment Management LLC acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the 1st quarter worth about $223,000. D.A. Davidson & CO. acquired a new position in Betterware de México, S.A.P.I. de C.V. during the fourth quarter worth approximately $406,000. CWA Asset Management Group LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the fourth quarter worth approximately $467,000. Acadian Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the third quarter worth approximately $548,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the third quarter worth approximately $808,000. Institutional investors and hedge funds own 12.72% of the company's stock.

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

The firm 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. This represents a $1.41 annualized dividend and a dividend yield of 8.34%. The ex-dividend date was Thursday, March 7th. This is a positive change 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 dividend payout ratio (DPR) is 78.77%.

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.