Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Stock Price, News & Analysis

Company Overview

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. The company was founded in 1954 and is headquartered in São Paulo, Brazil.

Key Stats

• Today's Range: $17.06 to $17.43
• 50-Day Range: $14.75 to $18.24
• 52-Week Range: $11.29 to $18.36
• Volume: 2.22 million shs
• Average Volume: 1.08 million shs
• Market Capitalization: $11.78 billion
• P/E Ratio: 16.25
• Dividend Yield: 1.22%
• Price Target: N/A
• Consensus Rating: N/A

Companhia de Saneamento Básico do Estado de São Paulo - SABESP Stock Analysis - MarketRank™

Companhia de Saneamento Básico do Estado de São Paulo - SABESP scored higher than 42% of companies evaluated by MarketBeat, and ranked 77th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

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

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.72%

Earnings Growth

Earnings for Companhia de Saneamento Básico do Estado de São Paulo - SABESP are expected to grow by 4.72% in the coming year, from $1.06 to $1.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 16.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 16.20, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.71.

Price to Book Value per Share Ratio

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

1.15% of the float of Companhia de Saneamento Básico do Estado de São Paulo - SABESP has been sold short.

Short Interest Ratio / Days to Cover

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in Companhia de Saneamento Básico do Estado de São Paulo - SABESP has recently increased by 34.30%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Companhia de Saneamento Básico do Estado de São Paulo - SABESP pays a meaningful dividend of 1.21%, higher than 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.

Dividend Coverage

The dividend payout ratio of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 19.81%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Companhia de Saneamento Básico do Estado de São Paulo - SABESP will have a dividend payout ratio of 18.92% next year. This indicates that Companhia de Saneamento Básico do Estado de São Paulo - SABESP will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.15% of the float of Companhia de Saneamento Básico do Estado de São Paulo - SABESP has been sold short.

Short Interest Ratio / Days to Cover

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a short interest ratio ("days to cover") of 5.5.

Change versus previous month

Short interest in Companhia de Saneamento Básico do Estado de São Paulo - SABESP has recently increased by 34.30%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Companhia de Saneamento Básico do Estado de São Paulo - SABESP has a news sentiment score of 1.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Companhia de Saneamento Básico do Estado de São Paulo - SABESP this week, compared to 1 article on an average week.

Search Interest

4 people have searched for SBS on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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 10.62% of the stock of Companhia de Saneamento Básico do Estado de São Paulo - SABESP is held by institutions.

SBS Stock Analysis - Frequently Asked Questions

How have SBS shares performed this year?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP's stock was trading at $15.23 at the start of the year. Since then, SBS stock has increased by 12.7% and is now trading at $17.17.
View the best growth stocks for 2024 here.

How were Companhia de Saneamento Básico do Estado de São Paulo - SABESP's earnings last quarter?

Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS) announced its earnings results on Thursday, August, 8th. The utilities provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.08. The utilities provider had revenue of $1.30 billion for the quarter. Companhia de Saneamento Básico do Estado de São Paulo - SABESP had a net margin of 15.00% and a trailing twelve-month return on equity of 13.34%.

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

Top institutional shareholders of Companhia de Saneamento Básico do Estado de São Paulo - SABESP include Impax Asset Management Group plc (2.29%), Mackenzie Financial Corp (0.62%), Letko Brosseau & Associates Inc. (0.41%) and Duff & Phelps Investment Management Co. (0.21%).

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

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

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 other companies that 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) and Fossil Group (FOSL).

Company Calendar

• Ex-Dividend for 7/5 Dividend: 4/26/2024
• Dividend Payable: 7/05/2024
• Last Earnings: 8/08/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/08/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Water supply
• Sub-Industry: Utilities
• Current Symbol: NYSE:SBS
• CUSIP: N/A
• CIK: 1170858
• Web: www.sabesp.com.br
• Phone: 551133888000
• Fax: 55-11-3815-4465
• Employees: 11,170
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.06
• Trailing P/E Ratio: 16.62
• Forward P/E Ratio: 16.62
• P/E Growth: N/A
• Net Income: $705.76 million
• Net Margins: 15.00%
• Pretax Margin: 20.79%
• Return on Equity: 13.34%
• Return on Assets: 6.50%

Debt

• Debt-to-Equity Ratio: 0.61
• Current Ratio: 1.36
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $5.12 billion
• Price / Sales: 2.35
• Cash Flow: $1.86 per share
• Price / Cash Flow: 9.45
• Book Value: $8.75 per share
• Price / Book: 2.01

Miscellaneous

• Outstanding Shares: 683,510,000
• Free Float: 676,675,000
• Market Cap: $12.04 billion
• Optionable: Optionable
• Beta: 1.16