Pinnacle West Capital Corp. (NYSE: PNW) started the day on Wednesday, with a price increase of 1.35% at $89.31, before settling in for the price of $88.12 at the close. Taking a more long-term approach, PNW posted a 52-week range of $65.20-$91.57.
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It was noted that the giant of the Utilities sector posted annual sales growth of 5.13% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -0.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 10.93%. This publicly-traded company’s shares outstanding now amounts to $113.42 million, simultaneously with a float of $113.40 million. The organization now has a market capitalization sitting at $10.15 billion.
Pinnacle West Capital Corp. (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 Corp.’s current insider ownership accounts for 0.19%, in contrast to 101.03% institutional ownership. According to the most recent insider trade that took place on Aug 09 ’24, this organization’s EVP, GC, and CDO sold 4,950 shares at the rate of 85.80, making the entire transaction reach 424,710 in total value, affecting insider ownership by 6,397. Preceding that transaction, on Aug 08 ’24, Company’s VP, Finance and Treasurer sold 2,700 for 85.28, making the whole transaction’s value amount to 230,256. This particular insider is now the holder of 1,508 in total.
Pinnacle West Capital Corp. (PNW) Earnings and Revenue Records
Pinnacle West Capital Corp.’s EPS increase for this current 12-month fiscal period is 10.93% and is forecasted to reach 4.75 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.20% 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 0.38. The Stock has managed to achieve an average true range (ATR) of 1.28. Alongside those numbers, its PE Ratio stands at $16.52, and its Beta score is 0.52. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.07.
In the same vein, PNW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.41, a figure that is expected to reach 3.47 in the next quarter, and analysts are predicting that it will be 4.75 at the market close of one year from today.
