Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 92,300 shares, a decrease of 9.2% from the March 31st total of 101,600 shares. Based on an average daily volume of 46,900 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.5% of the company's stock are short sold.
Institutional Investors Weigh In On Betterware de México, S.A.P.I. de C.V.
A number of hedge funds have recently made changes to their positions in BWMX. Confluence Investment Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the 1st quarter valued at about $223,000. Sagil Capital LLP increased its position in Betterware de México, S.A.P.I. de C.V. by 39.1% during the 3rd quarter. Sagil Capital LLP now owns 53,534 shares of the company's stock valued at $872,000 after buying an additional 15,048 shares in the last quarter. D.A. Davidson & CO. acquired a new position in Betterware de México, S.A.P.I. de C.V. during the 4th quarter valued at about $406,000. CWA Asset Management Group LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the 4th quarter valued at about $467,000. Finally, Acadian Asset Management LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the 3rd quarter valued at about $548,000. 12.72% of the stock is currently owned by hedge funds and other institutional investors.
Betterware de México, S.A.P.I. de C.V. Stock Down 6.8 %
Shares of NASDAQ BWMX traded down $1.17 during mid-day trading on Monday, reaching $16.01. 168,218 shares of the company were exchanged, compared to its average volume of 47,264. The company has a quick ratio of 0.55, a current ratio of 1.04 and a debt-to-equity ratio of 3.17. The stock has a market cap of $641.10 million, a price-to-earnings ratio of 8.94 and a beta of 1.38. Betterware de México, S.A.P.I. de C.V. has a 1 year low of $9.77 and a 1 year high of $21.28. The firm has a 50-day moving average of $18.38 and a 200 day moving average of $15.45.
Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) last issued its quarterly earnings data on Thursday, February 22nd. The company reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.34. The firm had revenue of $194.06 million during the quarter, compared to analysts' expectations 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%. On average, research analysts expect that Betterware de México, S.A.P.I. de C.V. will post 2.02 earnings per share for the current year.
Betterware de México, S.A.P.I. de C.V. Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were paid a dividend of $0.3521 per share. This is a boost from Betterware de México, S.A.P.I. de C.V.'s previous quarterly dividend of $0.27. This represents a $1.41 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date of this dividend was Thursday, March 7th. Betterware de México, S.A.P.I. de C.V.'s dividend payout ratio is 78.77%.
About Betterware de México, S.A.P.I. de C.V.
(
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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.
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