Media headlines about Companhia de Saneamento Basico (NYSE:SBS) have been trending somewhat negative recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Companhia de Saneamento Basico earned a coverage optimism score of 0.00 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.3919577847751 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Several research firms recently weighed in on SBS. Scotiabank raised shares of Companhia de Saneamento Basico from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, May 15th. Citigroup raised shares of Companhia de Saneamento Basico from a “sell” rating to a “neutral” rating in a research report on Monday, May 14th. Zacks Investment Research raised shares of Companhia de Saneamento Basico from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 17th. Goldman Sachs Group cut shares of Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research report on Friday, May 18th. Finally, ValuEngine cut shares of Companhia de Saneamento Basico from a “sell” rating to a “strong sell” rating in a research report on Thursday, May 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold”.

SBS stock opened at $5.91 on Friday. The stock has a market capitalization of $4.23 billion, a PE ratio of 5.09 and a beta of 1.79. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.07 and a quick ratio of 1.06. Companhia de Saneamento Basico has a 12 month low of $5.72 and a 12 month high of $11.96.

Companhia de Saneamento Basico (NYSE:SBS) last posted its earnings results on Thursday, August 9th. The utilities provider reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.17). The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.09 billion. Companhia de Saneamento Basico had a return on equity of 12.76% and a net margin of 15.55%. analysts anticipate that Companhia de Saneamento Basico will post 0.82 EPS for the current year.

Companhia de Saneamento Basico Company Profile

Companhia de Saneamento Básico do Estado de São Paulo-SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of São Paulo. It provides water supply, sanitary sewage, urban rainwater management and drainage, urban cleaning, and solid waste management services, as well as related activities, including the planning, operation, maintenance, and commercialization of energy.

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