Pinnacle West Capital Corporation (NYSE:PNW) went down by -1.22% from its latest closing price when compared to the 1-year high value of $105.51 and move down -8.55%, while PNW stocks collected -4.27% of loss with the last five trading sessions. Press Release reported on 02/21/20 that Pinnacle West Reports 2019 Full-Year and Fourth-Quarter Results
Pinnacle West Capital Corporation (NYSE:PNW) Worth an Investment?
Pinnacle West Capital Corporation (NYSE: PNW) scored price to earnings ratio above its average ratio, recording 22.19 times of increase in earnings at the present.
PNW Market Performance
PNW stocks went down by -4.27% for the week, with the monthly drop of -0.48% and a quarterly performance of 11.47%, while its annual performance rate touched 4.43%. The simple moving average for the period of the last 20 days is -2.10% for PNW stocks with the simple moving average of 3.84% for the last 200 days.
Analysts’ Opinion on Pinnacle West Capital Corporation (NYSE:PNW)
Many brokerage firms have already submitted their reports for PNW stocks, with Evercore ISI repeating the rating for PNW shares by setting it to “In-line”. The predicted price for PNW socks in the upcoming period according to Evercore ISI is $97 based on the research report published on January 27, 2020.
Barclays, on the other hand, stated in their research note that they expect to see PNW stock at the price of $98, previously predicting the value of $103. The rating they have provided for PNW stocks is “Overweight” according to the report published on November 21, 2019.
BofA/Merrill gave “ Neutral” rating to PNW stocks, setting the target price at $90 in the report published on November 8, 2019.
PNW Stocks 3.36% Far from 50 Day Moving Average
After a stumble in the market that brought PNW to its low price for the period of the last 52 weeks, Pinnacle West Capital Corporation was unable to take a rebound, for now settling with -7.88% of loss for the given period.
The stock volatility was left at 1.48%, however, within the period of a single month, the volatility rate increased by 2.68%, while the shares surge at the distance of +0.15% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +13.37% upper at the present time.
In the course of the last 5 trading sessions, PNW went down by -4.27%, which changed the moving average for the period of 200 days to the total of +2.62% of gains for the stock in comparison to the 20-day moving average settled at $99.29. In addition, Pinnacle West Capital Corporation saw 8.08% in overturn over the period of a single year with a tendency to cut further gains.
PNW Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Pinnacle West Capital Corporation (PNW), starting from Lockwood Barbara D, who sold 1,750 shares at the price of $86.19 back on Nov 13. After this action, Rushing now owns 1,646 shares of Pinnacle West Capital Corporation, valued at $150,833 with the latest closing price.
GALLAGHER MICHAEL L, the Director of Pinnacle West Capital Corporation, sold 5,000 shares at the value of $95.90 during a trade that took place back on May 13, which means that GALLAGHER MICHAEL L is holding 7,786 shares at the value of $479,500 based on the most recent closing price.
PNW Stock Fundamentals
The current profitability levels are settled at +21.42 for the present operating margin and +27.44 for gross margin. The net margin for Pinnacle West Capital Corporation stands at +13.84. Total capital return value is set at 7.66, while invested capital returns managed to touch 5.20. Equity return holds the value 9.50%, with 2.80% for asset returns.
Based on Pinnacle West Capital Corporation (PNW), the company’s capital structure generated 99.84 points for debt to equity in total, while total debt to capital is set at the value of 49.96. Total debt to assets is settled at the value of 29.52 with long-term debt to equity ratio rests at 3.48 and long-term debt to capital is 88.81.
The value for Enterprise to Sales is 5.03 with debt to enterprise value settled at 0.35. The receivables turnover for Pinnacle West Capital Corporation is 9.05 with the total asset turnover at the value of 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.