Headlines about Companhia de Saneamento Basico (NYSE:SBS) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog 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 news impact score of 0.11 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 47.3108393166286 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities analysts recently issued reports on the stock. ValuEngine cut shares of Companhia de Saneamento Basico from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research upgraded shares of Companhia de Saneamento Basico from a “sell” rating to a “hold” rating in a research note on Monday, May 14th. JPMorgan Chase & Co. cut shares of Companhia de Saneamento Basico from an “overweight” rating to a “neutral” rating in a research note on Wednesday, April 4th. Janney Montgomery Scott cut shares of Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research note on Monday, March 12th. Finally, Goldman Sachs Group cut shares of Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research note on Friday, May 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Companhia de Saneamento Basico presently has a consensus rating of “Hold”.
Shares of Companhia de Saneamento Basico opened at $6.17 on Friday, according to MarketBeat. The firm has a market capitalization of $4.36 billion, a P/E ratio of 5.32 and a beta of 1.75. The company has a quick ratio of 1.06, a current ratio of 1.07 and a debt-to-equity ratio of 0.59. Companhia de Saneamento Basico has a one year low of $5.96 and a one year high of $11.96.
Companhia de Saneamento Basico (NYSE:SBS) last issued its quarterly earnings results on Thursday, May 10th. The utilities provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.03). The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Companhia de Saneamento Basico had a return on equity of 13.98% and a net margin of 16.48%. equities research analysts expect that Companhia de Saneamento Basico will post 1.05 earnings per share for the current year.
The business also recently declared a special dividend, which will be paid on Friday, July 6th. Investors of record on Tuesday, May 1st will be issued a $0.3115 dividend. The ex-dividend date of this dividend is Monday, April 30th. Companhia de Saneamento Basico’s payout ratio is presently 20.69%.
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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