Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Projected to Post Quarterly Earnings on Monday
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) is set to release its quarterly earnings on March 24, with analysts predicting earnings of $0.06 per share and revenue of $6.89 billion. The company's stock recently traded at $17.61, with a market cap of $12.03 billion and a P/E ratio of 6.93. StockNews.com upgraded SABESP from a "hold" to a "buy" rating on February 6. The company provides water and sewage services and was founded in 1973, headquartered in São Paulo, Brazil.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS - Get Free Report) is expected to be releasing its earnings data before the market opens on Monday, March 24th. Analysts expect Companhia de Saneamento Básico do Estado de São Paulo - SABESP to post earnings of $0.06 per share and revenue of $6.89 billion for the quarter.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Price Performance
- 3 Large Caps Under $20 With Good Upside
Shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP stock traded down $0.04 on Tuesday, hitting $17.61. 676,877 shares of the company traded hands, compared to its average volume of 1,009,152. Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a 12-month low of $13.10 and a 12-month high of $18.36. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. The company has a market cap of $12.03 billion, a P/E ratio of 6.93 and a beta of 1.15. The firm's 50-day simple moving average is $16.24 and its 200 day simple moving average is $16.07.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Companhia de Saneamento Básico do Estado de São Paulo - SABESP from a "hold" rating to a "buy" rating in a research report on Thursday, February 6th.
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Get Our Latest Analysis on SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Company Profile
(Get Free Report)Companhia de Saneamento Basico do Estado de Sao Paulo SABESP engages in the provision of water and sewage service. It also offers advisory services on the rational use of water, planning and commercial, and financial and operational management. The company was founded on September 6, 1973 and is headquartered in São Paulo, Brazil.
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