Companhia de Saneamento Basico (NYSE:SBS) Earning Somewhat Positive Press Coverage, Accern Reports

Headlines about Companhia de Saneamento Basico (NYSE:SBS) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Companhia de Saneamento Basico earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 46.5536849689692 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:

Shares of Companhia de Saneamento Basico (SBS) traded down $0.07 during mid-day trading on Thursday, reaching $10.93. The company had a trading volume of 97,248 shares, compared to its average volume of 1,369,114. Companhia de Saneamento Basico has a 12 month low of $8.15 and a 12 month high of $11.69. The company has a market capitalization of $7,313.56, a P/E ratio of 8.46 and a beta of 1.85. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.10.

Companhia de Saneamento Basico (NYSE:SBS) last issued its quarterly earnings data on Tuesday, November 14th. The utilities provider reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.16. Companhia de Saneamento Basico had a return on equity of 17.82% and a net margin of 19.70%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. sell-side analysts predict that Companhia de Saneamento Basico will post 1.12 EPS for the current fiscal year.

Several research analysts have weighed in on SBS shares. UBS Group downgraded Companhia de Saneamento Basico from a “buy” rating to a “neutral” rating in a research note on Thursday, November 2nd. ValuEngine upgraded Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. HSBC upgraded Companhia de Saneamento Basico from a “hold” rating to a “buy” rating in a research note on Wednesday, November 22nd. Zacks Investment Research lowered Companhia de Saneamento Basico from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. Finally, JPMorgan Chase & Co. upgraded Companhia de Saneamento Basico from a “neutral” rating to an “overweight” rating in a research note on Monday, November 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold”.

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Companhia de Saneamento Basico Company Profile

Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP is a water and sewage service provider. The Company provides water and sewage services to a range of residential, commercial, industrial and governmental customers in over 360 municipalities in the state of Sao Paulo, including the city of Sao Paulo.

Insider Buying and Selling by Quarter for Companhia de Saneamento Basico (NYSE:SBS)

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