Companhia de Saneamento Basico (SBS) Releases Quarterly Earnings Results
Companhia de Saneamento Basico (NYSE:SBS) posted its quarterly earnings results on Monday. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.16 by $0.03, Stock Ratings Network.com reports.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. downgraded shares of Companhia de Saneamento Basico from a “neutral” rating to a “sell” rating in a research note on Monday, July 14th. Analysts at Scotiabank downgraded shares of Companhia de Saneamento Basico from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, July 2nd.
Companhia de Saneamento Basico (NYSE:SBS) opened at 8.76 on Monday. Companhia de Saneamento Basico has a 52-week low of $8.16 and a 52-week high of $11.50. The stock has a 50-day moving average of $9. and a 200-day moving average of $9.58. The company has a market cap of $5.988 billion and a price-to-earnings ratio of 7.28.
Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE:SBS) is a Brazil-based company which provides basic and environmental sanitation services in the domestic market.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.