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 price target was 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 5.91 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 5.94 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.35 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.12 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 3 analysts increased their estimates for the FY 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. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PNW is 5.83.
PNW has a 52-week high of 89.56 and a 52-week low of 70.87. The current market price is above the trailing year's low by 21.79 percent, and below the high by 3.63 percent. 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.