SBS stock: buy or sell?

SBS stock price: $11.87 -1.90% At close on September 20th, 2019

Updated on:
September 20th, 2019

2

Shares of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp dropped a fatal -1.90% and closed at $11.87. With Friday it's been 3 sliding days in a row, loosing $-0.47 (-3.81%).

Companhia de Saneamento Básico do Estado de São Paulo-SABESP provides basic and environmental sanitation services, and supplies treated water and sewage services on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of São Paulo.

Should I buy SBS stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SBS will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 4 ratings published for SBS stock in the last month.

Is SBS a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-22Berenberg Bankn/aBuy
2019-1-30HSBCBuyHold
2019-1-3Janney Montgomery ScottBuyNeutral
2019-1-16CitigroupNeutralSell

SBS stock analysis

Daily outlook

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp shares dropped -1.90% to $11.87 today.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp shares dropped -1.90% to $11.87 today. Since price and SMA100d lines crossed down on September 13th, SBS fell $-0.81 per share (-6.39%). On August, SBS hit a new all time high, pushing higher than on July tops. Check different trading setups that use ATHs as triggers.

SBS stock chart (daily)

Weekly outlook

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp eased a horrible -4.35% this week. By mid August SBS collapsed a frightening -10.51% in just one week.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp finally declined under the support and now is sliding further into fresh lows looking for new supports. Not so far away is the last all-time high Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp marked late July, but since then it dropped a 18.70%. Early January, SMA20w and SMA40w crossed up triggering a rise of 20.88%. Since mid December 2018 when SBS stock price broke up the SMA40w line, it gained $4.74 (66.48%).

SBS stock chart (weekly)

SBS stock price history

SBS stock went public on May 10th, 2002 with a price of $0.811. Since then, SBS stock surged a 1,365.40%, with an average of 80.30% per year. If you had invested $1,000 in SBS stock in 2002, it would worth $13,654.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SBS stock historical price chart

SBS stock reached all-time highs on August with a price of $14.60.

SBS stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price target for Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp reported super good results for 2018-Q4 on March. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp climbed Earnings per Share (EPS) by 114.80%, beating experts of $0.27. Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp posted $0.58.
SBS earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.98n/a
2017-Q2-n/a0.49n/a
2017-Q3-n/a1.32n/a
2017-Q42018-03-27n/a0.28n/a
2018-Q12018-05-100.290.26-10.3%
2018-Q22018-08-090.250.08-68.0%
2018-Q32018-11-080.260.21-19.2%
2018-Q42019-03-290.270.58114.8%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp annual revenues climbed a wonderful 10.94% to $17,056.30 million dollars from $15,374.60 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) stayed stable a 0.24% to 16.62%.

SBS annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$11,320 M-$1,920 M17.0%-
2014$11,823 M4.45%$903 M7.6%-52.97%
2015$12,284 M3.89%$536 M4.4%-40.61%
2016$14,855 M20.94%$2,947 M19.8%449.55%
2017$15,375 M3.50%$2,519 M16.4%-14.52%
2018$17,056 M10.94%$2,835 M16.6%12.53%

Quarterly financial results

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp reported $5,155.62 million in revenues for 2018-Q4, a 27.12% up compared to previous quarter. Reported quarter earnings marked $1,507.59 M with a profit margin of 29.24%. Profit margin skyrocketed a 15.31% compared to previous quarter when profit margin was 13.93%. When comparing turnover to same quarter last year, Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp sales marked an extraordinary growth and boosted a 21.92%. Looking back to recent quarterly results, Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp posted 2 negative quarters in a row.
SBS quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$3,560 M-$674 M18.9%-
2017-Q2$3,490 M-1.97%$332 M9.5%-50.80%
2017-Q3$1,174 M-66.37%$285 M24.3%-14.21%
2017-Q4$4,229 M260.35%$613 M14.5%115.22%
2018-Q1$3,928 M-7.11%$580 M14.8%-5.25%
2018-Q2$3,917 M-0.28%$182 M4.6%-68.66%
2018-Q3$4,056 M3.54%$565 M13.9%210.72%
2018-Q4$5,156 M27.12%$1,508 M29.2%166.75%

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp ownership

When you are planning to invest in shares of a company, it's worth to overview its ownership structure.

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock, 17.24% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SBS stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

SBSAWKCWCO
Market cap$8.1 B$22.1 B$231.5 M
Total shares683.5 M180.7 M15.0 M
Float shares340.0 M180.2 M14.3 M
  - Institutional holdings (%)17.2%88.1%57.1%
  - Insider holdings (%)0.0%0.2%2.7%
Shares in short selling0.0%0.0%0.0%

SBS summary

Friday, September 20th, 2019
Open$12.04
Close$11.87
Day range$11.70 - $12.04
Previous close$12.10
Session gain-1.90%
Average true range$0.38
50d mov avg$13.19
100d mov avg$12.46
200d mov avg$11.20
Daily patternlt01c
Weekly pattern lt01c

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked and Consolidated Water as the bechmarking frame for Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp stock.
Stock3m6m12m
SBS-3.34%17.99%99.16%
AWK4.09%15.64%40.75%
CWCOConsolidated Wate...10.63%21.55%8.30%

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp competitors

Defining a list of competitors for Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp it's tough. We selected 2 public companies that are related to and can be considered as competitors of Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp: