Companhia de Saneamento Básico do Estado de São Paulo – SABESP (SBS) Set to Announce Quarterly Earnings on Thursday

Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 14th. Parties that are interested in registering for the company’s conference call can do so using this link.

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

Shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP stock opened at $15.96 on Tuesday. The business has a 50-day simple moving average of $16.44 and a 200 day simple moving average of $15.76. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a one year low of $12.45 and a one year high of $18.36. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.36 and a quick ratio of 1.35. The firm has a market capitalization of $10.91 billion, a price-to-earnings ratio of 13.53 and a beta of 1.16.

Wall Street Analysts Forecast Growth

SBS has been the topic of a number of recent research reports. StockNews.com cut Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a report on Thursday, September 12th. The Goldman Sachs Group raised shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP to a “strong-buy” rating in a research note on Sunday, October 6th.

About Companhia de Saneamento Básico do Estado de São Paulo – SABESP

Companhia de Saneamento Básico do Estado de São Paulo SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services to residential, commercial, and industrial private customers, as well as public. As of December 31, 2022, it provided water services through 10.1 million water connections; and sewage services through 8.6 million sewage connections in 375 municipalities of the São Paulo State.