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.

Investment analysts gave a few price targets for PNW. The most optimistic analyst gave a price target of 96, which equates to a potential upside of 11.23 percent. The most pessimistic analyst gave a price target of 73, implying a possible loss of -15.42 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 5.91 percent on average, compared to last month. That number becomes 5.94 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.35 percent, as compared to a month ago. 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. 3 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. 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.

The growth rate of PNW's earnings is estimated by analysts to be 3.6 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. PNW has a PEG ratio of 5.83.

In the last 52-weeks, PNW has achieved a high of 89.56 and a low of 70.87. Today's price is 21.79 percent above the 52-week low, and 3.63 percent below the 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's next earnings release will be on 0000-00-00, which is days away.