Examining the Volatility of Pinnacle West Capital Corp.’s (PNW) Stock

The stock of Pinnacle West Capital Corp. (PNW) has gone up by 3.24% for the week, with a 3.70% rise in the past month and a 5.19% rise in the past quarter. The volatility ratio for the week is 1.58%, and the volatility levels for the past 30 days are 1.63% for PNW. The simple moving average for the past 20 days is 3.34% for PNW’s stock, with a 7.04% simple moving average for the past 200 days.

Is It Worth Investing in Pinnacle West Capital Corp. (NYSE: PNW) Right Now?

Pinnacle West Capital Corp. (NYSE: PNW) has a price-to-earnings ratio of 17.12x that is above its average ratio. Additionally, the 36-month beta value for PNW is 0.51. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”

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The public float for PNW is 113.33M and currently, short sellers hold a 4.24% ratio of that float. The average trading volume of PNW on July 11, 2024 was 982.79K shares.

PNW) stock’s latest price update

Pinnacle West Capital Corp. (NYSE: PNW)’s stock price has soared by 1.34 in relation to previous closing price of 77.45. Nevertheless, the company has seen a gain of 3.24% in its stock price over the last five trading days. businesswire.com reported 2024-07-02 that PHOENIX–(BUSINESS WIRE)–Pinnacle West Capital Corp. plans to release its 2024 second-quarter financial results before U.S. financial markets open on Thursday, Aug. 1, 2024.

Analysts’ Opinion of PNW

Many brokerage firms have already submitted their reports for PNW stocks, with Ladenburg Thalmann repeating the rating for PNW by listing it as a “Buy.” The predicted price for PNW in the upcoming period, according to Ladenburg Thalmann is $83.50 based on the research report published on June 06, 2024 of the current year 2024.

Citigroup, on the other hand, stated in their research note that they expect to see PNW reach a price target of $78. The rating they have provided for PNW stocks is “Neutral” according to the report published on April 29th, 2024.

BofA Securities gave a rating of “Buy” to PNW, setting the target price at $80 in the report published on March 18th of the current year.

PNW Trading at 2.77% from the 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, the company was unable to rebound, for now settling with -8.76% of loss for the given period.

Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.58%, as shares surge +3.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.51% upper at present.

During the last 5 trading sessions, PNW rose by +3.24%, which changed the moving average for the period of 200-days by +0.11% in comparison to the 20-day moving average, which settled at $76.09. In addition, Pinnacle West Capital Corp. saw 9.26% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PNW starting from Smith Robert Edgar, who sale 1,610 shares at the price of $75.95 back on Dec 08 ’23. After this action, Smith Robert Edgar now owns 9,178 shares of Pinnacle West Capital Corp., valued at $122,280 using the latest closing price.

Geisler Theodore N, the President, APS of Pinnacle West Capital Corp., sale 1,484 shares at $79.93 during a trade that took place back on Aug 24 ’23, which means that Geisler Theodore N is holding 6,750 shares at $118,616 based on the most recent closing price.

Stock Fundamentals for PNW

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.37 for the gross margin

The net margin for Pinnacle West Capital Corp. stands at 0.11. The total capital return value is set at 0.04. Equity return is now at value 8.52, with 2.15 for asset returns.

Based on Pinnacle West Capital Corp. (PNW), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.5. The interest coverage ratio of the stock is 2.62.

Currently, EBITDA for the company is 1.73 billion with net debt to EBITDA at 5.82. When we switch over and look at the enterprise to sales, we see a ratio of 4.13. The receivables turnover for the company is 8.21for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.


In conclusion, Pinnacle West Capital Corp. (PNW) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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