Analyst Ratings for Pinnacle West Capital Corp. (PNW)Updated: 2017-07-26
Analysts covering Pinnacle West Capital Corp. (NYSE:PNW) have given it a consensus rating of Hold. Last month, PNW received an average rating of Hold.
Of the 16 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 13 issued a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for PNW. The most optimistic analyst gave a price target of 96, implying potential capital gains of 11.23 percent. The most pessimistic analyst gave a price target of 73, implying a possible loss of -15.42 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 5.91 percent. The average change in earnings estimates over the last 90 days is 5.94 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.35 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.12 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PNW to grow at a rate of 3.6 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PNW is 5.83.
In the trailing 52-weeks, PNW hit 89.56 at the highest peak, while it's lowest trading point was 70.87. Currently the stock is 21.79 percent higher than its low, and 3.63 percent lower than its 52-week high. PNW has a P/E ratio of 21. Investors typically compare the P/E ratio to a company's peers in the industry. The PNW value stock report compares PNW to some of its peers using value stock charts. The market cap of PNW is $9.61 billion. PNW will post this quarters earnings in days, on 0000-00-00.