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Is Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) a good stock to buy now?

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE: SBS) is 20.80% higher on its value in year-to-date trading and has touched a low of $11.10 and a high of $18.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SBS stock was last observed hovering at around $18.10 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $18.09, the stock is 10.30% and 19.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -0.06% at the moment leaves the stock 20.96% off its SMA200. SBS registered 57.38% gain for a year compared to 6-month loss of 12.32%.

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The stock witnessed a 19.33% gain in the last 1 month and extending the period to 3 months gives it a 17.85%, and is 1.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.58% over the week and 1.99% over the month.

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) has around 11170 employees, a market worth around $12.36B and $5.41B in sales. Current P/E ratio is 15.25 and Fwd P/E is 15.43. Profit margin for the company is 15.00%. Distance from 52-week low is 62.95% and -1.47% from its 52-week high. The company has generated returns on investments over the last 12 months (8.81%).

with sales reaching $969.32M over the same period.The EPS is expected to grow by 6.28% this year, but quarterly earnings will post -18.40% year-over-year. Quarterly sales are estimated to shrink -25.30% in year-over-year returns.

Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) Top Institutional Holders

The shares outstanding are 683.51M, and float is at 683.42M with Short Float at 0.86%.

The top institutional shareholder in the company is IMPAX ASSET MANAGEMENT GROUP PLC with over 16.17 million shares valued at $$271.41 million. The investor’s holdings represent 2.3664 of the SBS Shares outstanding. As of 2024-03-31, the second largest holder is MORGAN STANLEY with 5.31 million shares valued at $$89.36 million to account for 0.7768 of the shares outstanding. The other top investors are AMUNDI which holds 4.94 million shares representing 0.7227 and valued at over $$81.43 million, while MACKENZIE FINANCIAL CORP holds 0.6624 of the shares totaling 4.53 million with a market value of $$76.2 million.

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