Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (NYSE:SBS) does about 1.21M shares in volume on a normal day but saw 870691 shares change hands in the recent trading day. The company now has a market cap of 14.09B USD. Its current market price is $20.62, marking an increase of 1.88% compared to the previous close of $20.24. The 52 week high reached by this stock is $21.14 whilst the lowest price level in 52 weeks is $13.10. The script in recent trading has seen the stock touch a high of $24.5 and a low of $24.5.
The consensus objective for the share price is $22.52, suggesting that the stock has a potential upside of 8.44% over the period. The median price target is 15.84% away from the current levels at $24.5.
The current price level is 0.27%, 4.89%, and 20.61% away from its SMA20, SMA50, and SMA200 respectively, with the SBS price moving above the 50-day SMA on current market day. Companhia de Saneamento Basico do Estado de Sao Paulo. ADR (SBS) stock is up 0.34% over the week and 0.15% over the past month. Its price is 43.89% year-to-date and 40.18% over the past year.
Its 12-month price target is $24.5. To reach the target analysts have set, the stock logically needs to grow 8.44 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $24.5, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $24.5.
Outstanding shares total 683.51M with insiders holding 15.00% of the shares and institutional holders owning 11.25% of the company’s common stock. The company has a return on investment of 16.62% and return on equity of 28.57%. The price to earnings ratio (P/E ratio) amounts to 7.69 while the forward price to earnings ratio is 11.88. The beta has a value of 0.71. Price to book ratio is 2.10 and price to sales ratio is 2.08.
