Home News Stock Watch: Pinnacle West Capital Corporation (NYSE: PNW)

Stock Watch: Pinnacle West Capital Corporation (NYSE: PNW)


Pinnacle West Capital Corporation trades as part of the utilities sector and is part of the regulated utilities industry. The company CEO is Donald E. Brandt. Pinnacle West Capital Corp is an investor owned electric utility holding company based in Phoenix, Arizona. It provides retail or/and wholesale electric service through its subsidiary Arizona Public Service.

Previous Intraday Trading Performance:

The PNW stock showed a previous change of 0.28% with an open at 89.21 and a close of 89.63. It reached an intraday high of 89.93 and a low of 89.14.

Business Wire:  APS to Lower Customer Bills More Than $3 on Average Starting Tomorrow


The stock has a market cap of $10.0b with 112.1m shares outstanding, of which the float is 111.3m shares. Trading volume reached 583,798 shares compared to its average volume of 1,198,290 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Pinnacle West Capital Corporation shares returned 2.35% and in the past 30 trading days it returned 6.03%. Over three months, it changed 1.72%. In one year it has changed 20.92% and within that year its 52-week high was 92.64 and its 52-week low was 73.41. PNW stock is 22.09% above its 52 Week Low.

Our calculations show a 200 day moving average of 80.96 and a 50 day moving average of 86.96. Currently PNW stock is trading 10.70% above its 200 day moving average.

Business Wire:  APS to Lower Customer Bills More Than $3 on Average Starting Tomorrow


The last annual fiscal EPS for the company was reported at 4.35 that ended on 31st of December 2017, which according to the previous close, that is a PE of 20.60. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.17. The TTM EPS is 4.50, which comes to a TTM PE of 19.92. Historically, the PE high was 23.40 and the PE low was 14.00. If the stock reached its PE low, that would represent a price of 62.99, which is a decrease of -29.72%.

The following are the last four quarter reported earnings per share:
09-30-2018:  2.80
06-30-2018:  1.48
03-31-2018:  0.03
12-31-2017:  0.19

The dividend per share is currently 2.95, which is a dividend yield of 3.29%.

Indicators to Watch:

Based on the latest filings, there is 0.70% of insider ownership and 129.80% of institutional ownership. Short-interest is 3,903,811, which is 3.48% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.91. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.18

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.65%, return on assets is 2.92%, profit margin is 17.02%, price-to-sales is 3.41 and price-to-book is 1.87.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.