The price-to-earnings ratio for Pinnacle West Capital Corp (NYSE: PNW) is 16.17x, which is above its average ratio. Moreover, the 36-month beta value for PNW is 0.56. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for PNW is 113.47M and currently, short sellers hold a 3.08% of that float. On January 24, 2025, PNW’s average trading volume was 1.22M shares.
PNW) stock’s latest price update
The stock of Pinnacle West Capital Corp (NYSE: PNW) has decreased by -0.69 when compared to last closing price of 85.96.Despite this, the company has seen a gain of 1.14% in its stock price over the last five trading days. zacks.com reported 2025-01-13 that Investors interested in Utility – Electric Power stocks are likely familiar with Pinnacle West (PNW) and Centuri Holdings (CTRI). But which of these two companies is the best option for those looking for undervalued stocks?
PNW’s Market Performance
Pinnacle West Capital Corp (PNW) has seen a 1.14% rise in stock performance for the week, with a 0.91% gain in the past month and a -2.39% plunge in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are at 1.55% for PNW. The simple moving average for the past 20 days is 0.83% for PNW’s stock, with a 2.13% simple moving average for the past 200 days.
Analysts’ Opinion of PNW
Many brokerage firms have already submitted their reports for PNW stocks, with KeyBanc Capital Markets repeating the rating for PNW by listing it as a “Overweight.” The predicted price for PNW in the upcoming period, according to KeyBanc Capital Markets is $101 based on the research report published on December 04, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see PNW reach a price target of $91, previously predicting the price at $93. The rating they have provided for PNW stocks is “Equal Weight” according to the report published on November 18th, 2024.
Jefferies gave a rating of “Buy” to PNW, setting the target price at $104 in the report published on September 20th of the previous year.
PNW Trading at -3.19% 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 -10.53% of loss for the given period.
Volatility was left at 1.55%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +0.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.32% lower at present.
During the last 5 trading sessions, PNW rose by +1.14%, which changed the moving average for the period of 200-days by +17.33% in comparison to the 20-day moving average, which settled at $84.67. In addition, Pinnacle West Capital Corp saw 0.71% 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 Tetlow Jacob, who sale 9,474 shares at the price of $90.80 back on Nov 13 ’24. After this action, Tetlow Jacob now owns 56 shares of Pinnacle West Capital Corp, valued at $860,239 using the latest closing price.
Jacob Tetlow, the EVP, COO, APS of Pinnacle West Capital Corp, proposed sale 9,474 shares at $91.91 during a trade that took place back on Nov 12 ’24, which means that Jacob Tetlow is holding shares at $870,755 based on the most recent closing price.
Stock Fundamentals for PNW
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.34 for the gross margin
The net margin for Pinnacle West Capital Corp stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 9.48, with 2.43 for asset returns.
Based on Pinnacle West Capital Corp (PNW), the company’s capital structure generated 0.63 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 1.71. The interest coverage ratio of the stock is 2.87.
Currently, EBITDA for the company is 1.72 billion with net debt to EBITDA at 5.7. When we switch over and look at the enterprise to sales, we see a ratio of 4.18. The receivables turnover for the company is 4.64for 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 0.59.
Conclusion
To wrap up, the performance of Pinnacle West Capital Corp (PNW) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
