Pinnacle West Capital Corporation (NYSE: PNW) started the day on September 10, 2020, with a price decrease of -1.71% at $71.39. During the day, the stock rose to $72.69 and sunk to $71.13 before settling in for the price of $72.63 at the close. Taking a more long-term approach, PNW posted a 52-week range of $60.05-$105.51.
The Utilities sector firm’s twelve-monthly sales growth has been -0.10% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 0.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -18.00%. This publicly-traded company’s shares outstanding now amounts to $112.64 million, simultaneously with a float of $112.30 million. The organization now has a market capitalization sitting at $8.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $77.78, while the 200-day Moving Average is $82.29.
It is quite necessary to find out the efficiency of the corporate organization, which has 97 number of employees on its payroll. It has generated 35,785,660 per worker during the last fiscal year. Meanwhile, its income per employee was 5,549,691. The stock had 8.58 Receivables turnover and 0.19 Total Asset turnover. For the Profitability, stocks gross margin was +28.32, operating margin was +21.85 and Pretax Margin of +15.62.
Pinnacle West Capital Corporation (PNW) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Regulated Electric Industry. Pinnacle West Capital Corporation’s current insider ownership accounts for 0.10%, in contrast to 87.40% institutional ownership. According to the most recent insider trade that took place on Mar 05, this organization’s Director sold 4,742 shares at the rate of 98.79, making the entire transaction reach 468,462 in total value, affecting insider ownership by 29,510. Preceding that transaction, on Feb 26, Company’s President & COO, APS sold 2,500 for 98.18, making the whole transaction’s value amount to 245,450. This particular insider is now the holder of 11,127 in total.
Pinnacle West Capital Corporation (PNW) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2020, the organization reported $1.71 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $1.47) by $0.24. This company achieved a net margin of +15.51 while generating a return on equity of 10.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
Pinnacle West Capital Corporation’s EPS decrease for this current 12-month fiscal period is -18.00% and is forecasted to reach 5.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.76% through the next 5 years, which can be compared against the 0.50% growth it accomplished over the previous five years trading on the market.
Pinnacle West Capital Corporation (NYSE: PNW) Trading Performance Indicators
Let’s observe the current performance indicators for Pinnacle West Capital Corporation (PNW). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 1.84. Alongside those numbers, its PE Ratio stands at $16.93, and its Beta score is 0.30. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.35.
In the same vein, PNW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.22, a figure that is expected to reach 2.68 in the next quarter, and analysts are predicting that it will be 5.02 at the market close of one year from today.
Technical Analysis of Pinnacle West Capital Corporation (PNW)
If we take a close look at the recent performances of Pinnacle West Capital Corporation (NYSE: PNW), its last 5-days Average volume was 0.86 million that shows plunge from its year to date volume of 1.11 million. During the previous 9 days, stock’s Stochastic %D was recorded 33.43% While, its Average True Range was 1.83.
Raw Stochastic average of Pinnacle West Capital Corporation (PNW) in the period of the previous 100 days is set at 13.18%, which indicates a major rise in contrast to 6.10% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.46% that was lower than 27.28% volatility it exhibited in the past 100-days period.