FY2024 EPS Estimates for Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Lowered by Analyst

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) – Research analysts at Telsey Advisory Group lowered their FY2024 EPS estimates for shares of Betterware de México, S.A.P.I. de C.V. in a report released on Thursday, June 27th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will post earnings of $1.81 per share for the year, down from their previous forecast 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. Stock Performance

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

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last issued its earnings results on Thursday, April 25th. The company reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.09). The business had revenue of $212.27 million for the quarter, compared to the consensus estimate of $205.54 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%.

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

The business also recently announced a quarterly dividend, which was paid on Thursday, May 23rd. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.352 per share. This represents a $1.41 annualized dividend 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 78.77%.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC raised its stake in Betterware de México, S.A.P.I. de C.V. by 11.3% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 74,906 shares of the company’s stock valued at $1,497,000 after purchasing an additional 7,610 shares during the period. Sagil Capital LLP grew its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 37.4% during the fourth quarter. Sagil Capital LLP now owns 73,534 shares of the company’s stock valued at $1,025,000 after buying an additional 20,000 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in Betterware de México, S.A.P.I. de C.V. during the fourth quarter valued at $467,000. Acadian Asset Management LLC lifted its stake in Betterware de México, S.A.P.I. de C.V. by 195.0% in the 1st quarter. Acadian Asset Management LLC now owns 32,473 shares of the company’s stock worth $642,000 after acquiring an additional 21,467 shares in the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in Betterware de México, S.A.P.I. de C.V. in the 4th quarter worth about $406,000. Institutional investors and hedge funds 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.