SABESP(SBS) ZACKS·2025-01-29 15:41Company Overview - Sabesp (SBS) is currently ranked 2 (Buy) in the Zacks Rank, indicating a strong potential for outperforming the market in the near term [3] - The stock has shown a year-to-date performance increase of approximately 12.6%, surpassing the average gain of 9% in the Utilities sector [4] Earnings Outlook - Over the past three months, the Zacks Consensus Estimate for Sabesp's full-year earnings has increased by 1.8%, reflecting improved analyst sentiment [4] - The company belongs to the Utility - Water Supply industry, which is currently ranked 56 in the Zacks Industry Rank, indicating a relatively strong position within its specific sector [6] Comparative Performance - In comparison, Telecom Italia (TIIAY) has a year-to-date return of 10.9% and also holds a Zacks Rank of 2 (Buy) [5] - The Utility - Water Supply industry, which includes Sabesp, has performed better than the average loss of 4.4% in its group, while Telecom Italia's industry, Diversified Communication Services, has seen a decline of 14.8% [6] Investment Consideration - Both Sabesp and Telecom Italia are highlighted as stocks to watch for investors interested in the Utilities sector due to their solid performance [7]