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SBS
Stock ticker: NYSE
AS OF
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Price
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Capitalization
9.43B

SBS Companhia DE Saneamento B Sico DO Estado DE SAO Paulo-Sabesp Ads's Forecast, Technical & Fundamental Analysis

an operator of water, sewage and industrial wastewater systems

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for SBS with price predictions
07:00 PM EST Dec 04, 2023

Momentum Indicator for SBS turns positive, indicating new upward trend

SBS saw its Momentum Indicator move above the 0 level on November 01, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned positive. In of the 93 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for SBS just turned positive on November 03, 2023. Looking at past instances where SBS's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

SBS moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SBS crossed bullishly above the 50-day moving average on November 06, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SBS advanced for three days, in of 289 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 220 cases where SBS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for SBS moved out of overbought territory on December 04, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SBS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SBS broke above its upper Bollinger Band on November 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SBS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.561) is normal, around the industry mean (2.295). P/E Ratio (13.004) is within average values for comparable stocks, (669.533). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (516.293). Dividend Yield (0.019) settles around the average of (0.049) among similar stocks. P/S Ratio (1.759) is also within normal values, averaging (9.026).

A.I.Advisor
published Highlights

Industry description

Water utilities operate water treatment plants, and/or distribute water to residential and commercial customers. Companies operating in this industry are largely responsible for the safe and timely distribution of water. While most water systems are local or regional, some of the companies might have operations across several states. The industry is expected to be closely monitored by regulators for quality checks on the water being distributed. Investing in upgrading infrastructure is a major factor in bolstering the supply of clean/safe-to-use water. Given the absolute necessity of water in our lives, the industry is largely non-cyclical. American Water Works Company, Inc., Aqua America, Inc., American States Water Co. and California Water Service Group are some of the major water utilities companies in the U.S.

Market Cap

The average market capitalization across the Water Utilities Industry is 3.32B. The market cap for tickers in the group ranges from 41.88K to 25.46B. AWK holds the highest valuation in this group at 25.46B. The lowest valued company is AEPT at 41.88K.

High and low price notable news

The average weekly price growth across all stocks in the Water Utilities Industry was 1%. For the same Industry, the average monthly price growth was -0%, and the average quarterly price growth was -6%. CETI experienced the highest price growth at 19%, while GGDVF experienced the biggest fall at -10%.

Volume

The average weekly volume growth across all stocks in the Water Utilities Industry was -4%. For the same stocks of the Industry, the average monthly volume growth was -39% and the average quarterly volume growth was 25%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 61
P/E Growth Rating: 58
Price Growth Rating: 52
SMR Rating: 79
Profit Risk Rating: 68
Seasonality Score: 13 (-100 ... +100)
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A.I. Advisor
published Earnings

SBS is expected to report earnings to rise 22.25% to 30 cents per share on March 29

Companhia DE Saneamento B Sico DO Estado DE SAO Paulo-Sabesp Ads's SBS Stock Earnings Reports
Q4'23
Est.
$0.31
Q3'23
Missed
by $0.01
Q2'23
Missed
by $0.03
Q1'23
Missed
by $0.01
Q4'22
Beat
by $0.04
The last earnings report on November 10 showed earnings per share of 25 cents, missing the estimate of 25 cents. With 717.44K shares outstanding, the current market capitalization sits at 9.43B.
A.I.Advisor
published Dividends

SBS paid dividends on July 06, 2023

Companhia DE Saneamento B Sico DO Estado DE SAO Paulo-Sabesp Ads's SBS Stock Dividends
А dividend of $0.25 per share was paid with a record date of July 06, 2023, and an ex-dividend date of May 02, 2023. Read more...
A.I. Advisor
published General Information

General Information

an operator of water, sewage and industrial wastewater systems

Industry WaterUtilities

Profile
Fundamentals
Details
Industry
Water Utilities
Address
Rua Costa Carvalho, 300
Phone
+55 1133888247
Employees
12299
Web
https://www.sabesp.com.br
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SBS and

Correlation & Price change

A.I.dvisor indicates that over the last year, SBS has been loosely correlated with WTRG. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if SBS jumps, then WTRG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SBS
1D Price
Change %
SBS100%
+0.07%
WTRG - SBS
34%
Loosely correlated
-1.19%
CWT - SBS
25%
Poorly correlated
-0.41%
YORW - SBS
21%
Poorly correlated
-1.04%
AWK - SBS
21%
Poorly correlated
-1.32%
MSEX - SBS
20%
Poorly correlated
-1.11%
More

Groups containing SBS

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SBS
1D Price
Change %
SBS100%
+0.07%
bric
(undefined stocks)
49%
Loosely correlated
+0.50%
Utilities
(undefined stocks)
35%
Loosely correlated
-0.17%
Water Utilities
(undefined stocks)
30%
Poorly correlated
-0.34%
water
(undefined stocks)
30%
Poorly correlated
-0.57%
storing water
(undefined stocks)
27%
Poorly correlated
-1.14%
More