Pinnacle West Capital Stock Performance
| PNW Stock | USD 75.14 0.20 0.27% |
Pinnacle West has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 0.79, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pinnacle West's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pinnacle West is expected to be smaller as well. Pinnacle West Capital right now holds a risk of 1.26%. Please check Pinnacle West Capital value at risk, as well as the relationship between the kurtosis and period momentum indicator , to decide if Pinnacle West Capital will be following its historical price patterns.
Risk-Adjusted Performance
10 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Pinnacle West Capital are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Pinnacle West may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
Actual Historical Performance (%)
One Day Return 1.75 | Five Day Return 1.07 | Year To Date Return 2.36 | Ten Year Return 33.94 | All Time Return 222.32 |
Forward Dividend Yield 0.0478 | Payout Ratio 0.7894 | Last Split Factor 1:1 | Forward Dividend Rate 3.52 | Dividend Date 2024-06-03 |
1 | Pinnacle West Capital Issues FY24 Earnings Guidance | 02/27/2024 |
2 | Analyst Estimates Heres What Brokers Think Of Pinnacle West Capital Corporation After Its Yearly Report | 02/29/2024 |
| Pinnacle West dividend paid on 1st of March 2024 | 03/01/2024 |
3 | Pinnacle West raised to Buy at BofA on road to long improving ROE | 03/18/2024 |
4 | Pinnacle West Sets Date for 2024 First-Quarter Financial Results, WebcastConference Call | 04/02/2024 |
5 | Reasons to Add Portland General Electric to Your Portfolio | 04/10/2024 |
6 | FirstEnergy Rides on Investments, Infrastructure Upgrade | 04/12/2024 |
7 | Heres Why You Should Add TransAlta to Your Portfolio Now | 04/15/2024 |
8 | Pinnacle West Capital declares 0.88 dividend | 04/17/2024 |
9 | Pinnacle West Capital Corporations Share Price Not Quite Adding Up | 04/19/2024 |
10 | Pinnacle West Earnings Expected to Grow Should You Buy | 04/25/2024 |
11 | PNW or OGE Which Is the Better Value Stock Right Now | 04/29/2024 |
| Begin Period Cash Flow | 4.8 M |
Pinnacle |
Pinnacle West Relative Risk vs. Return Landscape
If you would invest 6,789 in Pinnacle West Capital on February 2, 2024 and sell it today you would earn a total of 705.00 from holding Pinnacle West Capital or generate 10.38% return on investment over 90 days. Pinnacle West Capital is generating 0.1673% of daily returns assuming volatility of 1.2568% on return distribution over 90 days investment horizon. In other words, 11% of stocks are less volatile than Pinnacle, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Pinnacle West Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pinnacle West's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pinnacle West Capital, and traders can use it to determine the average amount a Pinnacle West's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1331
| Best Portfolio | Best Equity | |||
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| Small Returns | PNW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Pinnacle West is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pinnacle West by adding it to a well-diversified portfolio.
Pinnacle West Fundamentals Growth
Pinnacle Stock prices reflect investors' perceptions of the future prospects and financial health of Pinnacle West, and Pinnacle West fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pinnacle Stock performance.
| Return On Equity | 0.0834 | ||||
| Return On Asset | 0.0228 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 18.76 B | ||||
| Shares Outstanding | 113.56 M | ||||
| Price To Earning | 16.12 X | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 1.75 X | ||||
| Revenue | 4.7 B | ||||
| Gross Profit | 1.71 B | ||||
| EBITDA | 1.73 B | ||||
| Net Income | 518.78 M | ||||
| Cash And Equivalents | 4.83 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 10.3 B | ||||
| Debt To Equity | 1.35 % | ||||
| Current Ratio | 0.98 X | ||||
| Book Value Per Share | 54.47 X | ||||
| Cash Flow From Operations | 1.21 B | ||||
| Earnings Per Share | 4.41 X | ||||
| Market Capitalization | 8.36 B | ||||
| Total Asset | 24.66 B | ||||
| Retained Earnings | 3.47 B | ||||
| Working Capital | (962.38 M) | ||||
| Current Asset | 860.37 M | ||||
| Current Liabilities | 1.23 B | ||||
About Pinnacle West Performance
To evaluate Pinnacle West Capital Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Pinnacle West generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Pinnacle Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Pinnacle West Capital market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Pinnacle's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 63.18 | 67.22 | |
| Return On Tangible Assets | 0.02 | 0.03 | |
| Return On Capital Employed | 0.04 | 0.07 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.08 | 0.1 |
Things to note about Pinnacle West Capital performance evaluation
Checking the ongoing alerts about Pinnacle West for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pinnacle West Capital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 10.3 B in debt with debt to equity (D/E) ratio of 1.35, which is OK given its current industry classification. Pinnacle West Capital has a current ratio of 0.96, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Pinnacle West until it has trouble settling it off, either with new capital or with free cash flow. So, Pinnacle West's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pinnacle West Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pinnacle to invest in growth at high rates of return. When we think about Pinnacle West's use of debt, we should always consider it together with cash and equity. | |
| Pinnacle West has a very strong financial position based on the latest SEC filings | |
| Over 94.0% of Pinnacle West shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: PNW or OGE Which Is the Better Value Stock Right Now |
- Analyzing Pinnacle West's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Pinnacle West's stock is overvalued or undervalued compared to its peers.
- Examining Pinnacle West's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Pinnacle West's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pinnacle West's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pinnacle West's stock. These opinions can provide insight into Pinnacle West's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
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Is Pinnacle West's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle West. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.215 | Dividend Share 3.475 | Earnings Share 4.41 | Revenue Per Share 41.396 | Quarterly Revenue Growth (0.02) |
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.