NYSE:SBS

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Stock Forecast, Price & News

$7.75

+0.19 (+2.51 %)

(As of 06/24/2021 12:00 AM ET)

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Today's Range

$7.62

▼

$7.75

50-Day Range

$7.14

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$8.03

52-Week Range

$6.05

▼

$12.32

Volume669,959 shs

Average Volume1.76 million shs

Market Capitalization$5.30 billion

P/E Ratio13.36

Dividend Yield0.66%

Beta1.05

30 days | 90 days | 365 days | Advanced Chart

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

Companhia de Saneamento BÃ¡sico do Estado de SÃ£o Paulo - SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers. 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. As of December 31, 2020, the company provided water services through 10.1 million water connections to approximately 27.5 million people; and sewage services through 8.5 million sewage connections to approximately 24.3 million people, as well as operated 87,568 kilometers of water pipes and water transmission lines, and 59,660 kilometers of sewer lines. It also offers water and/or sewage services to other municipalities through special purpose companies. The company was founded in 1954 and is headquartered in SÃ£o Paulo, Brazil.

Sabesp - Material Fact: Change of Chief Financial Officer and Investor Relations Officer
June 24, 2021 | finance.yahoo.com

Medigus Joint Venture, Revoltz Completes First Micromobility Vehicle Functional Prototype
June 21, 2021 | finance.yahoo.com

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
June 13, 2021 | thestreet.com

Sabesp - Material Fact: Approval of the 28th Issue of Debentures
June 11, 2021 | finance.yahoo.com

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) Sees Unusually-High Trading Volume
June 2, 2021 | americanbankingnews.com

Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) Q1 2021 Earnings Call Transcript
May 26, 2021 | finance.yahoo.com

Sabesp Announces 1Q21 Results
May 14, 2021 | finance.yahoo.com

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBSP3.SA)
May 1, 2021 | finance.yahoo.com

Sabesp - Material Fact: Calculation of the P0 and Revision Tariff Structure
April 9, 2021 | finance.yahoo.com

Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) Q4 2020 Earnings Call Transcript
April 7, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water supply
Sub-IndustryN/A
SectorUtilities
Current SymbolNYSE:SBS
Previous Symbol
CUSIPN/A
CIK1170858
Webwww.sabesp.com.br
Phone55-11-3388-8247
Employees12,806
Year FoundedN/A

Sales & Book Value

Annual Sales$3.46 billion
Price / Sales1.53
Cash Flow$1.34 per share
Price / Cash Flow5.78
Book Value$6.47 per share
Price / Book1.20

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares683,510,000
Market Cap$5.30 billion
Next Earnings Date8/16/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

0.67 out of 5 stars

Utilities Sector

176th out of 281 stocks

Water Supply Industry

14th out of 15 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

2.1 Community Rank

Outperform Votes
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has received 214 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has received 290 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has received 57.54% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Companhia de Saneamento Básico do Estado de São Paulo - SABESP and other stocks. Vote “Outperform” if you believe SBS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SBS will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a dividend yield of 0.66%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Companhia de Saneamento Básico do Estado de São Paulo - SABESP does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Companhia de Saneamento Básico do Estado de São Paulo - SABESP insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is held by insiders.
Percentage Held by Institutions
Only 13.23% of the stock of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is held by institutions.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 13.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 20.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 13.36, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.71.
Price to Book Value per Share Ratio
Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) Frequently Asked Questions

Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Companhia de Saneamento Básico do Estado de São Paulo - SABESP stock.
View analyst ratings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP or view top-rated stocks.

What stocks does MarketBeat like better than Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Wall Street analysts have given Companhia de Saneamento Básico do Estado de São Paulo - SABESP a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Companhia de Saneamento Básico do Estado de São Paulo - SABESP wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP saw a increase in short interest during the month of May. As of May 14th, there was short interest totaling 6,490,000 shares, an increase of 29.3% from the April 29th total of 5,020,000 shares. Based on an average trading volume of 1,750,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.0% of the company's stock are sold short.
View Companhia de Saneamento Básico do Estado de São Paulo - SABESP's Short Interest.

When is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's next earnings date?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP is scheduled to release its next quarterly earnings announcement on Monday, August 16th 2021.
View our earnings forecast for Companhia de Saneamento Básico do Estado de São Paulo - SABESP.

How has Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock price been impacted by COVID-19?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock was trading at $10.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SBS shares have decreased by 26.7% and is now trading at $7.75.
View which stocks have been most impacted by COVID-19.

How often does Companhia de Saneamento Básico do Estado de São Paulo - SABESP pay dividends? What is the dividend yield for Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP declared an annual dividend on Thursday, April 8th. Stockholders of record on Monday, May 3rd will be paid a dividend of $0.0714 per share on Thursday, July 8th. This represents a yield of 2.7%. The ex-dividend date is Friday, April 30th.
View Companhia de Saneamento Básico do Estado de São Paulo - SABESP's dividend history.

Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP a good dividend stock?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP pays an annual dividend of $0.05 per share and currently has a dividend yield of 0.66%.
View Companhia de Saneamento Básico do Estado de São Paulo - SABESP's dividend history.

Who are Companhia de Saneamento Básico do Estado de São Paulo - SABESP's key executives?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's management team includes the following people:

Mr. Benedito Pinto Ferreira Braga Jr., CEO, Member of Board of Exec. Officers & Director (Age 73)
Mr. Rui de Britto Ãlvares Affonso, CFO, Investor Relations Officer & Member of Board of Exec. Officers (Age 64)
Mr. Adriano Candido Stringhini, Corp. Management Officer & Member of Board of Exec. Officers (Age 45)
Mr. Ricardo Daruiz Borsari, Metropolitan Region Officer & Member of Board of Exec. Officers (Age 65)
Ms. Monica Ferreira do Amaral Porto, Regional Systems Officer & Member of Board of Exec. Officers (Age 64)
Mr. Alceu Segamarchi Jr., Technology, Enterprises & Environment Officer and Member of Board of Exec. Officers (Age 63)
Marcelo Miyagui, Head of Accounting
Mario Arruda Sampaio, Head of Capital Market & Investor Relations
Mr. Silvio Valdrighi, Managing Director of Risk Management and Quality (Age 69)
Mr. JoÃ£o Paulo Nocetti Tonello, Head of the Integrated Planning Department (Age 44)

What is Gesner José de Oliveira Filho's approval rating as Companhia de Saneamento Básico do Estado de São Paulo - SABESP's CEO?

2 employees have rated Companhia de Saneamento Básico do Estado de São Paulo - SABESP CEO Gesner José de Oliveira Filho on Glassdoor.com. Gesner José de Oliveira Filho has an approval rating of 100% among Companhia de Saneamento Básico do Estado de São Paulo - SABESP's employees. This puts Gesner José de Oliveira Filho in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Companhia de Saneamento Básico do Estado de São Paulo - SABESP's key competitors?

Some companies that are related to Companhia de Saneamento Básico do Estado de São Paulo - SABESP include Essential Utilities (WTRG), American States Water (AWR), California Water Service Group (CWT), SJW Group (SJW), Middlesex Water (MSEX), The York Water (YORW), Cadiz (CDZI), Global Water Resources (GWRS), Artesian Resources (ARTNA), Pure Cycle (PCYO) and Consolidated Water (CWCO).
View all of SBS's competitors.

What other stocks do shareholders of Companhia de Saneamento Básico do Estado de São Paulo - SABESP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia de Saneamento Básico do Estado de São Paulo - SABESP investors own include Vertex Pharmaceuticals (VRTX), MercadoLibre (MELI), Depomed (DEPO), Alphabet (GOOG), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF) and Chaarat Gold (CGH).

What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock symbol?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBS."

Who are Companhia de Saneamento Básico do Estado de São Paulo - SABESP's major shareholders?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock is owned by many different retail and institutional investors. Top institutional investors include Amundi Asset Management US Inc. (0.76%), BlackRock Inc. (0.69%), Renaissance Technologies LLC (0.67%), Nordea Investment Management AB (0.63%), Letko Brosseau & Associates Inc. (0.57%) and Northern Trust Corp (0.17%).

Which institutional investors are selling Companhia de Saneamento Básico do Estado de São Paulo - SABESP stock?

SBS stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Credit Suisse AG, Morgan Stanley, Covalis Capital LLP, Dimensional Fund Advisors LP, BNP Paribas Arbitrage SA, Natixis Advisors L.P., and Daiwa Securities Group Inc..

Which institutional investors are buying Companhia de Saneamento Básico do Estado de São Paulo - SABESP stock?

SBS stock was purchased by a variety of institutional investors in the last quarter, including Amundi Asset Management US Inc., BlackRock Inc., Pendal Group Limited, Nordea Investment Management AB, Letko Brosseau & Associates Inc., Millennium Management LLC, Thomas White International Ltd., and Schonfeld Strategic Advisors LLC.

How do I buy shares of Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Shares of SBS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock price today?

One share of SBS stock can currently be purchased for approximately $7.75.

How much money does Companhia de Saneamento Básico do Estado de São Paulo - SABESP make?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a market capitalization of $5.30 billion and generates $3.46 billion in revenue each year.

How many employees does Companhia de Saneamento Básico do Estado de São Paulo - SABESP have?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP employs 12,806 workers across the globe.

What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP's official website?

The official website for Companhia de Saneamento Básico do Estado de São Paulo - SABESP is www.sabesp.com.br.

Where are Companhia de Saneamento Básico do Estado de São Paulo - SABESP's headquarters?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP is headquartered at RUA COSTA CARVALHO 300, SP D5, 05429-900.

How can I contact Companhia de Saneamento Básico do Estado de São Paulo - SABESP?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's mailing address is RUA COSTA CARVALHO 300, SP D5, 05429-900. The utilities provider can be reached via phone at 55-11-3388-8247 or via email at [email protected]

This page was last updated on 6/25/2021 by MarketBeat.com Staff

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