Companhia de Saneamento Básico do Estado de São Paulo – SABESP (SBS) Scheduled to Post Earnings on Thursday

Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of $1.63 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Stock Up 3.4 %

Shares of SBS opened at $16.51 on Wednesday. The firm has a market capitalization of $11.28 billion, a price-to-earnings ratio of 13.99 and a beta of 1.16. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 52 week low of $12.45 and a 52 week high of $18.36. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.35 and a current ratio of 1.36. The business’s fifty day moving average price is $16.43 and its two-hundred day moving average price is $15.77.

Analysts Set New Price Targets

SBS has been the subject of several recent research reports. The Goldman Sachs Group raised Companhia de Saneamento Básico do Estado de São Paulo – SABESP to a “strong-buy” rating in a report on Sunday, October 6th. StockNews.com lowered shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a report on Thursday, September 12th.

About Companhia de Saneamento Básico do Estado de São Paulo – SABESP

Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State.