Press coverage about Companhia de Saneamento Basico (NYSE:SBS) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. 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 news sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 47.0175680693378 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Companhia de Saneamento Basico (NYSE SBS) traded down $0.42 during trading on Friday, reaching $10.96. The company had a trading volume of 1,039,282 shares, compared to its average volume of 1,299,828. Companhia de Saneamento Basico has a twelve month low of $8.15 and a twelve month high of $11.69. The company has a market cap of $7,778.34, a price-to-earnings ratio of 8.43 and a beta of 1.86. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.10 and a quick ratio of 1.07.
Companhia de Saneamento Basico (NYSE:SBS) last announced its earnings results on Tuesday, November 14th. The utilities provider reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.16. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Companhia de Saneamento Basico had a return on equity of 17.82% and a net margin of 19.70%. sell-side analysts predict that Companhia de Saneamento Basico will post 1.12 earnings per share for the current fiscal year.
Several equities research analysts recently commented on the stock. HSBC upgraded shares of Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. JPMorgan Chase & Co. raised Companhia de Saneamento Basico from a “neutral” rating to an “overweight” rating in a research report on Monday, November 27th. Zacks Investment Research lowered Companhia de Saneamento Basico from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. UBS Group lowered Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research report on Thursday, November 2nd. Finally, Scotiabank raised Companhia de Saneamento Basico from an “underperform” rating to a “sector perform” rating in a research report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. Companhia de Saneamento Basico currently has an average rating of “Hold”.
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About Companhia de Saneamento Basico
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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