Pinnacle West Capital Corp. (PNW) 14-day ATR is 1.28: This Stock is Set to Soar Above its Peers

As on Wednesday, Pinnacle West Capital Corp. (NYSE: PNW) started slowly as it slid -1.30% to $73.08, before settling in for the price of $74.04 at the close. Taking a more long-term approach, PNW posted a 52-week range of $65.20-$86.03.

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The Utilities Sector giants’ yearly sales growth during the last 5-year period was 5.13%. Meanwhile, its Annual Earning per share during the time was -0.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.16%. This publicly-traded company’s shares outstanding now amounts to $123.20 million, simultaneously with a float of $122.91 million. The organization now has a market capitalization sitting at $9.00 billion. At the time of writing, stock’s 50-day Moving Average stood at $70.16, while the 200-day Moving Average is $74.82.

Pinnacle West Capital Corp. (PNW) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Regulated Electric industry. Pinnacle West Capital Corp.’s current insider ownership accounts for 0.23%, in contrast to 85.24% institutional ownership. According to the most recent insider trade that took place on Dec 08 ’23, this organization’s EVP, GC, and CDO sold 1,610 shares at the rate of 75.95, making the entire transaction reach 122,280 in total value, affecting insider ownership by 9,178. Preceding that transaction, on Aug 24 ’23, Company’s President, APS sold 1,484 for 79.93, making the whole transaction’s value amount to 118,616. This particular insider is now the holder of 6,750 in total.

Pinnacle West Capital Corp. (PNW) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.13) by $0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.24 per share during the current fiscal year.

Pinnacle West Capital Corp.’s EPS increase for this current 12-month fiscal period is 7.16% and is forecasted to reach 4.93 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.90% through the next 5 years, which can be compared against the -0.59% growth it accomplished over the previous five years trading on the market.

Pinnacle West Capital Corp. (NYSE: PNW) Trading Performance Indicators

Let’s observe the current performance indicators for Pinnacle West Capital Corp. (PNW). It’s Quick Ratio in the last reported quarter now stands at 0.34. The Stock has managed to achieve an average true range (ATR) of 1.28. Alongside those numbers, its PE Ratio stands at $16.58, and its Beta score is 0.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.92.

In the same vein, PNW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.41, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 4.93 at the market close of one year from today.

Technical Analysis of Pinnacle West Capital Corp. (PNW)

Through scrutinizing the latest numbers posted by the [Pinnacle West Capital Corp., PNW], it can be observed that its last 5-days Average volume of 0.99 million was lower the volume of 1.43 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.96% While, its Average True Range was 1.20.

Raw Stochastic average of Pinnacle West Capital Corp. (PNW) in the period of the previous 100 days is set at 65.50%, which indicates a major fall in contrast to 67.67% 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 16.79% that was lower than 23.07% volatility it exhibited in the past 100-days period.