Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Shares Down 0.4% - Should You Sell?

Market Beat
2024.10.10 06:00

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) shares fell 0.4% to $0.02, with trading volume down 75% from average levels. The company reported a net margin of 8.84% and a return on equity of 82.51%. It recently cut its dividend, yielding 10.44%. Institutional investors hold 12.72% of the stock. Analysts expect an EPS of 1.85 for the current fiscal year, while the stock has a PE ratio of 7.27. Despite a hold rating, some analysts suggest better investment options.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report)'s stock price fell 0.4% on Wednesday . The stock traded as low as $12.98 and last traded at $13.02. 9,648 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 39,226 shares. The stock had previously closed at $13.07.

Betterware de México, S.A.P.I. de C.V. Trading Down 0.4 %

The stock's 50-day simple moving average is $13.53 and its 200-day simple moving average is $15.67. The company has a debt-to-equity ratio of 3.01, a quick ratio of 0.50 and a current ratio of 1.03. The firm has a market capitalization of $485.91 million, a PE ratio of 7.27 and a beta of 1.34.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.43 by $0.04. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.84% and a return on equity of 82.51%. The business had revenue of $196.83 million during the quarter, compared to analyst estimates of $187.54 million. As a group, sell-side analysts expect that Betterware de México, S.A.P.I. de C.V. will post 1.85 EPS for the current fiscal year.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Tuesday, July 30th were issued a $0.3398 dividend. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $1.36 dividend on an annualized basis and a yield of 10.44%. Betterware de México, S.A.P.I. de C.V.'s dividend payout ratio (DPR) is 75.42%.

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

A number of hedge funds have recently modified their holdings of the business. Caprock Group LLC purchased a new position in shares of Betterware de México, S.A.P.I. de C.V. in the 2nd quarter worth about $169,000. Confluence Investment Management LLC bought a new position in shares of Betterware de México, S.A.P.I. de C.V. in the first quarter worth approximately $223,000. Lazard Asset Management LLC grew its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 56.6% during the first quarter. Lazard Asset Management LLC now owns 14,121 shares of the company's stock valued at $282,000 after buying an additional 5,104 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the first quarter valued at approximately $497,000. Finally, Acadian Asset Management LLC increased its position in shares of Betterware de México, S.A.P.I. de C.V. by 195.0% during the first quarter. Acadian Asset Management LLC now owns 32,473 shares of the company's stock valued at $642,000 after acquiring an additional 21,467 shares in the last quarter. Institutional investors own 12.72% of the company's stock.

Betterware de México, S.A.P.I. de C.V. Company Profile

(Get Free Report)

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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