Is it time to Buy before this week’s earning report Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

Earnings results for Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp is estimated to report earnings on 11/12/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.45.

Companhia de Saneamento Básico do Estado de São Paulo – SABESP last released its earnings results on August 17th, 2020. The utilities provider reported $0.24 earnings per share for the quarter. The business earned $826.67 million during the quarter. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 9.9. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 12th, 2020 based off prior year’s report dates.

Analyst Opinion on Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

2 Wall Street analysts have issued ratings and price targets for Companhia de Saneamento Básico do Estado de São Paulo – SABESP in the last 12 months. There are currently 2 hold ratings for the stock, resulting in a consensus rating of “Hold.”

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

Dividend Strength: Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

Companhia de Saneamento Básico do Estado de São Paulo – SABESP pays a meaningful dividend of 2.32%, higher than the bottom 25% of all stocks that pay dividends. Companhia de Saneamento Básico do Estado de São Paulo – SABESP does not have a long track record of dividend growth.

Insiders buying/selling: Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS)

In the past three months, Companhia de Saneamento Básico do Estado de São Paulo – SABESP insiders have not sold or bought any company stock. Only 1.00% of the stock of Companhia de Saneamento Básico do Estado de São Paulo – SABESP is held by insiders. Only 11.51% of the stock of Companhia de Saneamento Básico do Estado de São Paulo – SABESP is held by institutions.

Earnings and Valuation of Companhia de Saneamento Básico do Estado de São Paulo – SABESP (NYSE:SBS

The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo – SABESP is 9.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 20.96. The P/E ratio of Companhia de Saneamento Básico do Estado de São Paulo – SABESP is 9.86, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 22.59. Companhia de Saneamento Básico do Estado de São Paulo – SABESP has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here