More about Pinnacle West Capital Corporation
Regulatory Filings for Pinnacle West Capital Corporation
Fundamentals for Pinnacle West Capital Corporation
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Fundamentals for Pinnacle West Capital Corporation
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Electric
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Revenue projections:
Pinnacle West Capital Corporation is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 0.53900 |
|---|---|
| forwardPE | 18.57303 |
| debtToEquity | 201.77100 |
| earningsGrowth | 0.00000 |
| revenueGrowth | 0.03000 |
| grossMargins | 0.41601 |
| operatingMargins | 0.10992 |
| trailingEps | 5.05000 |
| forwardEps | 5.57475 |
PNW's current ratio of 0.539 indicates that the company's cash reserves and current assets may not fully cover its short-term debts. This suggests potential liquidity risks and may require PNW to find alternative solutions to meet its near-term obligations.
PNW's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
PNW's high debt-to-equity ratio points to a heavily leveraged company, with more debt than equity in its capital structure. While this can boost growth, it increases financial vulnerability in times of economic difficulty.
PNW's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting PNW to generate stronger earnings compared to the previous financial year.
Price projections:
PNW's price projections have consistently been revised higher, indicating growing confidence in the company's future potential. Analysts appear more optimistic about PNW's ability to generate strong results going forward.
Insider Transactions:
3 sell transactions of PNW were recorded, with market price hovering near 93.37666829427083.During the period under consideration, no sell transactions took place.PNW is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.
Recommendation changes over time:
Analysts have been favoring PNW with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning PNW as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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