Media coverage about Companhia de Saneamento Basico (NYSE:SBS) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Companhia de Saneamento Basico earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 47.0175680693378 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
A number of equities research analysts have recently issued reports on SBS shares. UBS Group lowered shares of Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research note on Thursday, November 2nd. 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, October 17th. Scotiabank raised shares of Companhia de Saneamento Basico from an “underperform” rating to a “sector perform” rating in a research report on Monday, October 9th. JPMorgan Chase & Co. raised shares of Companhia de Saneamento Basico from a “neutral” rating to an “overweight” rating in a research report on Monday, November 27th. Finally, HSBC raised shares of Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold”.
Shares of Companhia de Saneamento Basico (SBS) traded down $0.11 during trading hours on Thursday, hitting $10.90. 1,386,015 shares of the company were exchanged, compared to its average volume of 1,129,500. Companhia de Saneamento Basico has a twelve month low of $8.15 and a twelve month high of $11.33. The company has a current ratio of 1.10, a quick ratio of 1.07 and a debt-to-equity ratio of 0.61. The company has a market cap of $7,190.52, a P/E ratio of 8.38 and a beta of 1.85.
Companhia de Saneamento Basico (NYSE:SBS) last posted its earnings results on Tuesday, November 14th. The utilities provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.26 by $0.16. Companhia de Saneamento Basico had a net margin of 19.70% and a return on equity of 17.82%. analysts expect that Companhia de Saneamento Basico will post 1.12 earnings per share for the current fiscal year.
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Companhia de Saneamento Basico Company Profile
Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.
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