Where can I buy shares of PNW?
Apr 24, 2022 · Their forecasts range from $58.00 to $84.48. On average, they expect Pinnacle West Capital's share price to reach $73.32 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. View analysts' price targets for Pinnacle West Capital or view top-rated stocks among Wall Street analysts.
Is Pinnacle West Capital a great dividend payout stock?
Sep 05, 2020 · Cash and cash equivalents worth $6.7 million as of Jun 30, 2020 were down from $10.3 million on Dec 31, 2019. Total long-term debt was $5,922.2 million as of Jun 30, 2020, higher than $4,832.6 ...
Is Pinnacle West capital's PE ratio overvalued?
Oct 07, 2021 · Pinnacle West Capital Corporation ( PNW) stock has fallen -16.29% over the last 12 months, and the average rating from Wall Street analysts is a Hold. InvestorsObserver’s proprietary ranking system, gives PNW stock a score of 22 out of a possible 100. That rank is chiefly influenced by a short-term technical score of 14.
What are analysts'price targets for Pinnacle West capital's stock?
May 11, 2022 · The Pinnacle West Capital Corporation stock price gained 1.47% on the last trading day (Wednesday, 11th May 2022), rising from $72.62 to $73.69. During the day the stock fluctuated 2.94% from a day low at $72.36 to a day high of $74.49. The price has risen in 7 of the last 10 days, but is still down by -0.97% for this period.
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Our Ai stock analyst implies that there will be a negative trend in the future and the PNW shares are not a good investment for making money. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio.
Is PNW stock a good buy?
Why did PNW stock drop?
Is Pinnacle West a buy?
What sector is PNW?
| Label | Value |
|---|---|
| Industry | Electric Utilities: Central |
| 1 Year Target | $69.00 |
| Today's High/Low | $73.84/$71.07 |
| Share Volume | 853,759 |
What does Pinnacle West do?
Is Pinnacle West Capital a buy right now?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle West Capital in the last year. There are currently 5 sell rating...
How has Pinnacle West Capital's stock price been impacted by Coronavirus (COVID-19)?
Pinnacle West Capital's stock was trading at $89.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World...
Are investors shorting Pinnacle West Capital?
Pinnacle West Capital saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 2,500,000 s...
When is Pinnacle West Capital's next earnings date?
Pinnacle West Capital is scheduled to release its next quarterly earnings announcement on Wednesday, May 4th 2022. View our earnings forecast for...
How were Pinnacle West Capital's earnings last quarter?
Pinnacle West Capital Co. (NYSE:PNW) announced its quarterly earnings data on Friday, February, 25th. The utilities provider reported $0.24 earning...
How often does Pinnacle West Capital pay dividends? What is the dividend yield for Pinnacle West Capital?
Pinnacle West Capital announced a quarterly dividend on Wednesday, December 15th. Stockholders of record on Tuesday, February 1st will be given a d...
Is Pinnacle West Capital a good dividend stock?
Pinnacle West Capital pays an annual dividend of $3.40 per share and currently has a dividend yield of 4.57%. PNW has a dividend yield higher than...
What guidance has Pinnacle West Capital issued on next quarter's earnings?
Pinnacle West Capital issued an update on its FY 2022 earnings guidance on Friday, March, 18th. The company provided EPS guidance of $3.900-$4.100...
What price target have analysts set for PNW?
13 brokerages have issued 12-month target prices for Pinnacle West Capital's stock. Their forecasts range from $58.00 to $91.00. On average, they a...
Total Revenues
Operational Highlights
In the quarter under review, total revenues of $929.6 million improved 6.9% on a year-over-year basis. The top line also surpassed the Zacks Consensus Estimate of $902 million by 3.1%.
Financial Highlights
In the second quarter, total operating expenses were $661.7 million, down 1.7% from the year-ago quarter. Operating income improved 33.2% year over year to $261.9 million. Interest expenses were $62.7 million, up 9% year over year.
Guidance
Cash and cash equivalents worth $6.7 million as of Jun 30, 2020 were down from $10.3 million on Dec 31, 2019. Total long-term debt was $5,922.2 million as of Jun 30, 2020, higher than $4,832.6 million at 2019 end. Cash flow from operating activities for first-half 2020 was $369 million compared with $345.9 million in the comparable year-ago period.
How much is Pinnacle West stock worth in 2021?
Management reaffirmed 2020 EPS in the range of $4.75-$4.95, the midpoint of which is $4.85, higher than the current Zacks Consensus Estimate of $4.83. The company is going to invest $4.7 billion in Arizona Public Service Company (APS) over the 2020-2022 time period.
Is Pinnacle West a negative stock?
The Pinnacle West Capital Corporation stock price gained 0.69% on the last trading day (Tuesday, 6th Jul 2021), rising from $82.90 to $83.47. During the day the stock fluctuated 2.43% from a day low at $81.56 to a day high of $83.54. The price has risen in 6 of the last 10 days and is up by 1.02% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 69 thousand more shares were traded than the day before. In total, 498 thousand shares were bought and sold for approximately $41.60 million.
How to calculate P/E?
Pinnacle West Capital Corporation holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
How to calculate money flow?
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period.
What is trailing twelve month net income?
Money flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an "uptick" in price and the value of trades made on a "downtick" in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Our calculations are based on comprehensive, delayed quotes.
Who owns restricted shares of a company?
A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding.
What is Stock Sentiment?
Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public.
What's Happening With PNW Stock Today?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
More About Pinnacle West Capital Corporation
Pinnacle West Capital Corporation (PNW) stock is trading at $84.40 as of 1:35 PM on Monday, Aug 2, a rise of $0.88, or 1.05% from the previous closing price of $83.52. The stock has traded between $83.70 and $84.91 so far today. Volume today is light. So far 197,591 shares have traded compared to average volume of 702,868 shares.
PE Ratio
Pinnacle West is a holding company whose principle subsidiary is Arizona Public Service. APS is a vertically integrated regulated utility that provides electric service to 1.3 million customers over a 35,000-square-mile service territory in Arizona, including the city of Phoenix.
Broad Value Outlook
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world.
What About the Stock Overall?
In aggregate, Pinnacle West currently has a Zacks Value Style Score of B, putting it into the top 40% of all stocks we cover from this look.
Pinnacle West Capital Corporation Price and Consensus
Though Pinnacle West might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of F and a Momentum score of B. This gives PNW a Zacks VGM score—or its overarching fundamental grade—of C.
Bottom Line
This somewhat mixed trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term.
How much power does Pinnacle West own?
Pinnacle West is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. However, with a sluggish industry rank (among the bottom 17%) and a Zacks Rank #3, it is hard to get too excited about this company overall.
What is Pinnacle West?
The company derives the majority of its revenues from APS. Pinnacle West’s generation capacity owned or leased roughly 6,316 megawatts (“MW”) of regulated generation and maintained a mix of both long-term and short-term power purchase agreements including purchase of renewable energy.
