Telsey Advisory Group Weighs in on Betterware de México, S.A.P.I. de C.V.’s FY2024 Earnings (NASDAQ:BWMX)

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) – Analysts at Telsey Advisory Group decreased their FY2024 earnings per share (EPS) estimates for shares of Betterware de México, S.A.P.I. de C.V. in a research report issued on Thursday, June 27th. Telsey Advisory Group analyst C. Fernandez now forecasts that the company will earn $1.81 per share for the year, down from their prior estimate of $2.05. The consensus estimate for Betterware de México, S.A.P.I. de C.V.’s current full-year earnings is $1.84 per share. Telsey Advisory Group also issued estimates for Betterware de México, S.A.P.I. de C.V.’s Q4 2024 earnings at $0.54 EPS.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last issued its quarterly earnings data on Thursday, April 25th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.09). The company had revenue of $212.27 million during the quarter, compared to analysts’ expectations of $205.54 million. Betterware de México, S.A.P.I. de C.V. had a net margin of 8.64% and a return on equity of 83.58%.

Betterware de México, S.A.P.I. de C.V. Trading Up 1.1 %

Shares of BWMX stock opened at $14.00 on Monday. The company has a debt-to-equity ratio of 3.17, a current ratio of 1.04 and a quick ratio of 0.55. The firm has a 50-day moving average price of $16.55 and a 200 day moving average price of $16.14. Betterware de México, S.A.P.I. de C.V. has a twelve month low of $9.77 and a twelve month high of $21.28.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Wednesday, May 15th were given a $0.352 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 10.06%. The ex-dividend date of this dividend was Tuesday, May 14th. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is presently 78.77%.

Hedge Funds Weigh In On Betterware de México, S.A.P.I. de C.V.

Several institutional investors and hedge funds have recently modified their holdings of BWMX. Sagil Capital LLP boosted its stake in Betterware de México, S.A.P.I. de C.V. by 37.4% in the 4th quarter. Sagil Capital LLP now owns 73,534 shares of the company’s stock worth $1,025,000 after buying an additional 20,000 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. in the fourth quarter worth approximately $467,000. D.A. Davidson & CO. purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the fourth quarter valued at approximately $406,000. Confluence Investment Management LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the first quarter valued at approximately $223,000. 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. Hedge funds and other institutional investors own 12.72% of the company’s stock.

About Betterware de México, S.A.P.I. de C.V.

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.