A Detailed Analysis Of Companhia de Saneamento Basico do Estado de Sao Paulo (SBS)

Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE:SBS) has a beta value of 1.05 and has seen 4.22 million shares traded in the last trading session. The company, currently valued at $4.69B, closed the last trade at $6.95 per share which meant it lost -$0.14 on the day or -1.97% during that session. The SBS stock price is -34.96% off its 52-week high price of $9.38 and 17.12% above the 52-week low of $5.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.0 million shares traded. The 3-month trading volume is 2.05 million shares.

The consensus among analysts is that Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) is an Overweight stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 11 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.


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Sporting -1.97% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 09/28/21 when the SBS stock price touched $6.95 or saw a rise of 3.74%. Year-to-date, Companhia de Saneamento Basico do Estado de Sao Paulo shares have moved -18.37%, while the 5-day performance has seen it change 1.61%. Over the past 30 days, the shares of Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE:SBS) have changed -2.52%. Short interest in the company has seen 5.84 million shares shorted with days to cover at 2.54.

Wall Street analysts have a consensus price target for the stock at $11.01, which means that the shares’ value could jump 36.88% from current levels. The projected low price target is $9.45 while the price target rests at a high of $14.02. In that case, then, we find that the current price level is -101.73% off the targeted high while a plunge would see the stock gain -35.97% from current levels.

Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) estimates and forecasts

The company’s shares have lost -2.61% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 12.70% over the past 5 years. Earnings growth for 2021 is a modest -71.10% while over the next 5 years, the company’s earnings are expected to increase by 10.71%.

SBS Dividends

Companhia de Saneamento Basico do Estado de Sao Paulo is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.08 at a share yield of 1.15%. The company’s dividend yield has gone up over the past 12 months.

Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE:SBS)’s Major holders

Insiders own 0.00% of the company shares, while shares held by institutions stand at 15.65% with a share float percentage of 15.65%. Investors are also buoyed by the number of investors in a company, with Companhia de Saneamento Basico do Estado de Sao Paulo having a total of 212 institutions that hold shares in the company. The top two institutional holders are Impax Asset Management Group Plc with over 29.66 million shares worth more than $219.49 million. As of Jun 29, 2021, Impax Asset Management Group Plc held 4.34% of shares outstanding.

The other major institutional holder is Amundi, with the holding of over 6.37 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $47.15 million and represent 0.93% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr-Invesco Water Resources ETF and First Tr Exchange Traded Fd-First Tr Water ETF. As of Aug 30, 2021, the former fund manager holds about 0.43% shares in the company for having 2.93 million shares of worth $20.25 million while later fund manager owns 2.04 million shares of worth $14.13 million as of Aug 30, 2021, which makes it owner of about 0.30% of company’s outstanding stock.