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

Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS) is expected to be issuing its quarterly earnings data before the market opens on Monday, March 24th. Analysts expect the company to announce 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 Stock Performance

Shares of NYSE SBS opened at $17.67 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.14 and a quick ratio of 1.13. The stock’s fifty day moving average price is $16.51 and its two-hundred day moving average price is $16.10. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a one year low of $13.10 and a one year high of $18.36. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 6.96 and a beta of 1.15.

Analyst Ratings Changes

Separately, StockNews.com downgraded Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a research report on Tuesday.

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

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.