Pinnacle West Capital Corporation (PNW) July 20, 2021 Stock Price, Analysis & Forecast
Pinnacle West Capital Corporation (NYSE: PNW) opened the trading session on July 20, 2021, at $84.61, exhibiting a change of 0.6642% compared to the previous close at $84.31. Within the trading session, the stock price rose to $86.03 and dropped to $84.37. Finally, the stock stabilized at $84.87. Though, given a long-term perspective, Pinnacle West Capital Corporation reported a 52 Week Range within the confines of $67.18-$89.98.
Pinnacle West Capital Corporation's shares outstanding currently cost $112.75M, as well as with a float of $112.43M. PNW operates in the ENERGY & TRANSPORTATION sector of the ELECTRIC SERVICES industry and has a market capitalization of $9.57B (as of July 20, 2021). It's worth noting that Pinnacle West Capital Corporation's 50-day Moving Average stabilized at $84.43, while such indicator as 200-day Moving Average is at the present time $81.25.
To assess the company's efficiency, let's pay attention to Pinnacle West Capital Corporation's conglomerate performance. As yet, PNW has full-time employees. Pinnacle West Capital Corporation has generated $inf per worker Within the last fiscal year. In the meantime, PNW's income per employee was $inf. And now, let's pay attention to the company's income report. Pinnacle West Capital Corporation's Net Income for the last fiscal year was $550.56M, while such indicator as Income Before Taxes was at the level of $628.73M. PNW's Operating Income was at the mark of $788.15M.
Pinnacle West Capital Corporation (PNW) Earnings & Revenue
Talking about the Profitability, PNW reached a Profit Margin of 15.4% and an Operating Margin (TTM) of 23.9%. However, when we touch the questions of management effectiveness, Pinnacle West Capital Corporation generated a Return on Equity (TTM) of 10.1% and a Return on Assets (TTM) of 2.79%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, Pinnacle West Capital Corporation generated Revenue (TTM) of $3.62B, reporting a Quarterly Revenue Growth of 5.2%. As for the Revenue Per Share (TTM), this indicator was at the mark of $32.13. The company's Gross Profit (TTM) was $1.63B, while according to the EBITDA report, it was estimated at $1.55B.
Pinnacle West Capital Corporation (NYSE: PNW) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, PNW's shares outstanding now amounts to $112.75M, where Shares Short was $3.40M versus the prior month amounted to $4.18M. (Short % of Float was 3.02%). And now, let's overview which kind of investors works with Pinnacle West Capital Corporation's stocks. PNW's current ownership accounts for 88.56% institutional investors, while 0.229% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, PNW's Forward Annual Dividend Rate is currently at the mark of 3.32, whereas the Dividend Yield is 3.94%, and a Dividend Payout Ratio is 67.3% (Dividend Date: September 1, 2021). The company's Dividend Per Share indicator thereby is $3.225.
PNW Trading Performance
It's time to observe the current performance indicators for Pinnacle West Capital Corporation. PNW's price/earnings to growth ratio during the last reported quarter was 4.68%. The company's PE Ratio stands at 17.26%, while PNW's Beta score is 0.3. Also worth noting that Pinnacle West Capital Corporation's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 4.918. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 2.631, as well as Price To Book Ratio, which amounts to 1.673.
Pinnacle West Capital Corporation Analysis & Estimates
Within the previous 9-day period, Pinnacle West Capital Corporation's Average True Range (ATR) was 1.6110, while the stock's Stochastic SlowD moving average was 73.0130%, and the SlowK moving average volumed at 73.0130%.