Companhia de Saneamento Básico do Estado de São Paulo – SABESP (SBS) Projected to Post Quarterly Earnings on Monday

Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is expected to be releasing its earnings data before the market opens on Monday, March 24th. Analysts expect Companhia de Saneamento Básico do Estado de São Paulo – SABESP to post earnings of $0.06 per share and revenue of $6.89 billion for the quarter.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Price Performance

Shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP stock traded down $0.04 on Tuesday, hitting $17.61. 676,877 shares of the company traded hands, compared to its average volume of 1,009,152. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 12-month low of $13.10 and a 12-month high of $18.36. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.56. The company has a market cap of $12.03 billion, a P/E ratio of 6.93 and a beta of 1.15. The firm’s 50-day simple moving average is $16.24 and its 200 day simple moving average is $16.07.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “hold” rating to a “buy” rating in a research report on Thursday, February 6th.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP Company Profile

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP engages in the provision of water and sewage service. It also offers advisory services on the rational use of water, planning and commercial, and financial and operational management. The company was founded on September 6, 1973 and is headquartered in São Paulo, Brazil.