JP Morgan upgraded Saneamento Basico from Neutral to Overweight
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6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
6-K - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Filer)
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday. The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&P 500, also fell, dropping, 0.60% to 4,105.64. Check This Out: Top 5 Industrials Stocks That May Explode In Q2 Leading and Lagging Sectors Utilities shares rose by 0.3% on Friday. Meanwhile, top gainers in the sector included Companhia de Saneamento Básico do Estado de São Paulo - SABESP (NYSE:SBS), up 7%, and Azure Power Global Limited (NYSE:AZRE), up 6%. In trading on Friday, consumer discretionary shares fell 1.2%. Top Headline The total number of active U.S. oil rigs fell by
The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the utilities sector: Pampa Energia (NYSE:PAM) - P/E: 4.1 Suburban Propane Partners (NYSE:SPH) - P/E: 5.95 Kenon Hldgs (NYSE:KEN) - P/E: 4.66 NRG Energy (NYSE:NRG) - P/E: 6.45 Companhia De Saneamento (NYSE:SBS) - P/E: 9.72 This quarter, Pampa Energia experienced a decrease in earnings per share, which was $3.23 in Q3 and is now $2.05. S
JP Morgan upgraded Saneamento Basico from Neutral to Overweight
Company achieves corporate governance standards in the stock market and it is ready for the challenges of regulatory framework SÃO PAULO, May 9, 2022 /PRNewswire/ -- Sabesp celebrates on Monday (09/05) its 20th listing anniversary on the New York Stock Exchange (NYSE) with participation in the "Closing Bell" ceremony, as well as presentation and meetings with investors. The only Brazilian sanitation company listed on NYSE, after two decades of participation in the main international stock market, Company's investments reached one third of all the contribution made in sanitation in Brazil, which allowed significant improvements to Brazilian people, also attracting private capital and opening
SÃO PAULO, April 29, 2021 /PRNewswire/ -- Companhia de Saneamento Básido do Estado de São Paulo – Sabesp ("Companhia" or "Sabesp") hereby informs its Shareholders that were approved at the Annual and Extraordinary Shareholders' l Meeting held today the payment of interest on own capital related to the period from January to December 2020, to the Shareholders registered as such on April 29, 2021. I – AMOUNT, DATE AND CREDIT AND PAYMENT TERMS The interest on own capital, totaling two hundred and seventy-one million, nine hundred and sixty-eight thousand, five hundred and seventy-six reais and eighty-eight cents (R$ 271,968,576.88) corresponding to R$ 0.3979 per common share, will be paid on
SC 13D - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Subject)
SC 13D - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP (0001170858) (Subject)
Company achieves corporate governance standards in the stock market and it is ready for the challenges of regulatory framework SÃO PAULO, May 9, 2022 /PRNewswire/ -- Sabesp celebrates on Monday (09/05) its 20th listing anniversary on the New York Stock Exchange (NYSE) with participation in the "Closing Bell" ceremony, as well as presentation and meetings with investors. The only Brazilian sanitation company listed on NYSE, after two decades of participation in the main international stock market, Company's investments reached one third of all the contribution made in sanitation in Brazil, which allowed significant improvements to Brazilian people, also attracting private capital and opening
SÃO PAULO, March 29, 2022 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo – Sabesp ("Company" or "Sabesp"), in compliance with Resolution 44 of the Brazilian Securities and Exchange Commission (CVM), of August 23, 2021, hereby informs its shareholders and the market in general that the Executive Board of São Paulo State Public Services Regulatory Agency (ARSESP - Agência Reguladora de Serviços Públicos do Estado de São Paulo), at an extraordinary meeting held on 03/28/2022, unanimously resolved to recognize the proven economic and financial capacity of Sabesp pursuant to Federal Law 11,445/2007, amended by Federal Law 14,026/2020 and the Federal Decree 10,710/2021. The
SÃO PAULO, March 25, 2022 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo - SABESP ((B3: SBSP3, NYSE:SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its fourth quarter and 2020 results. In 2021, the net operating revenue, which considers construction revenue, totaled R$ 19,491.0 million, up by 9.5% over 2020. Adjusted EBITDA totaled R$ 6,372.7 million. The Company recorded a net income of R$ 2,305.9 million, compared to the R$ 973.3 million reported in 2020, an increase of R$ 1,332.6 million (+136.9%). The complete version of the release is available at the Company's website: ri.sabesp.com.br I