Profile
Sector:
UtilitiesIndustry:
WaterCountry:
BrazilIPO:
10 May 2002Website:
http://www.sabesp.com.brNext earnings report:
08 November 2024Last dividends:
26 April 2024Next dividends:
N/APrice
after hours | Thu, 03 Oct 2024 22:00:00 GMTAnalysts recommendations
Institutional Ownership
SBS Latest News
Sabesp (SBS) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Sabesp (SBS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Companhia de saneamento Basico Do Estado De Sao Paulo Sabesp (SBS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS) Q4 2023 Earnings Call Transcript
Sabesp (SBS) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Sabesp's significant steps toward privatization, including the approval of privatization guidelines and a follow-on model, have boosted confidence in the company's prospects. In Q2, Sabesp reported robust financial results, with recurring EBITDA increasing significantly year-over-year. Sabesp's current valuation, with the potential for reduced cost of capital and improved long-term operating performance as a private sector company, suggests significant upside potential.
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS ) Q2 2023 Earnings Conference Call August 11, 2023 10:00 AM ET Company Participants Luiz Roberto Tiberio - Superintendent of Investor Relations Andre Salcedo - Chief Executive Officer Catia Pereira - Chief Financial Officer and Investor Relations Officer Luiz Roberto Tiberio Good morning. Welcome to the SABESP Second Quarter Earnings Release Call.
The potential privatization of the Brazilian water and waste management company, Sabesp, has impacted its shares, presenting an opportunity to enhance the company's efficiency. Sabesp's recent earnings results were satisfactory, showcasing a 17% year-over-year increase in net operating revenues despite recent volatility and a drop in net income, albeit with minor setbacks. While the company currently trades at an undervalued price, I adopt a cautious approach due to the risks associated with the changes of "Basic Sanitation Legal Framework" in Brazil.
What type of business is Companhia de Saneamento Básico do Estado de São Paulo - SABESP?
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, 2023, it provided water services through 10.3 million water connections; and sewage services through 8.8 million sewage connections in 376 municipalities of the São Paulo State. The company was founded in 1954 and is headquartered in São Paulo, Brazil.
What sector is Companhia de Saneamento Básico do Estado de São Paulo - SABESP in?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP is in the Utilities sector
What industry is Companhia de Saneamento Básico do Estado de São Paulo - SABESP in?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP is in the Water industry
What country is Companhia de Saneamento Básico do Estado de São Paulo - SABESP from?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP is headquartered in Brazil
When did Companhia de Saneamento Básico do Estado de São Paulo - SABESP go public?
Companhia de Saneamento Básico do Estado de São Paulo - SABESP initial public offering (IPO) was on 10 May 2002
What is Companhia de Saneamento Básico do Estado de São Paulo - SABESP website?
https://www.sabesp.com.br
Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the S&P 500?
No, Companhia de Saneamento Básico do Estado de São Paulo - SABESP is not included in the S&P 500 index
Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the NASDAQ 100?
No, Companhia de Saneamento Básico do Estado de São Paulo - SABESP is not included in the NASDAQ 100 index
Is Companhia de Saneamento Básico do Estado de São Paulo - SABESP in the Dow Jones?
No, Companhia de Saneamento Básico do Estado de São Paulo - SABESP is not included in the Dow Jones index
When was Companhia de Saneamento Básico do Estado de São Paulo - SABESP the previous earnings report?
No data
When does Companhia de Saneamento Básico do Estado de São Paulo - SABESP earnings report?
The next expected earnings date for Companhia de Saneamento Básico do Estado de São Paulo - SABESP is 08 November 2024