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 projected to post its quarterly earnings results 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 Stock Performance

NYSE:SBS opened at $17.67 on Friday. The company has a market cap of $12.08 billion, a price-to-earnings ratio of 6.96 and a beta of 1.15. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a 1 year low of $13.10 and a 1 year high of $18.36. The stock’s 50 day simple moving average is $16.51 and its two-hundred day simple moving average is $16.10. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.14 and a quick ratio of 1.13.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Companhia de Saneamento Básico do Estado de São Paulo – SABESP from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th.

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.