What Can Pinnacle West Capital Corporation (PNW) Tell Us About Its Growth?

GALLAGHER MICHAEL L, Director, subtracted 5,000 shares of Pinnacle West Capital Corporation (PNW) from its portfolio at the rate of $95.90 per share valuing $479,500 on May 13. The insider left behind 7,786 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Pinnacle West Capital Corporation (PNW) was $96.67. Currently, the 1st Resistance Point for this stock is $97.14, with a 2nd Resistance Point sitting at $97.62. Meanwhile, this company’s stock has a 1st Support Level at $96.16 and a 2nd Support Level at $95.66. Pinnacle West Capital Corporation (PNW) stock has lost -$2.09, or -2.12%, in the past five days. In the last full month, these shares have gained $0.36, or 0.37%. In the past three months, this stock’s price has risen by $1.29, or 1.35%. This year-to-date, Pinnacle West Capital Corporation (PNW) shares have gained $11.47, or 13.46%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Pinnacle West Capital Corporation (PNW) stock, 60% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 112,277 K shares outstanding, this company currently has a market capitalization of $10,833,608K. Pinnacle West Capital Corporation (PNW) generates $3,691 M in annual sales, amounting to annual net income of $511,050 K. This stock has generated a 1-Year Total Return of 30.02%, a 3-Year Total Return of 24.29%, and a 5-year Total Return of 72.16%. This stock’s 5-Year Dividend Growth is 28.18%, with its most recent dividend valued at $0.738 per share on 04/30/19. Its Annual Dividend Yield is 3.06%, and its Annual Dividend Rate is 2.95.

In the most recently-reported fiscal quarter, which ended in Mar-19, Pinnacle West Capital Corporation (PNW) reported earnings of $0.16 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.16 per share, representing a 0 difference and 1.07% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.23 represented a 0.05 difference from the consensus estimate calling for $0.18 per share, which was a 31.28% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.56 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $1.64 and the low estimate was $1.46. In the year-ago quarter, Pinnacle West Capital Corporation (PNW) generated per-share earnings of $1.48. If the analysts are correct about the current quarter’s earnings, the growth will be +5.41% .

Turning our focus now to insider trading activity, there have been 5 purchases (6,315 shares in total) and 3 sale (9,277 shares in total) in the last 3 months. In the last 6 months, there have been 105 insider buys amounting to 103,244 shares and 108 insider sales amounting to 114,390 shares. In the past full year, 127 insider purchases were made (involving 152,268 shares) and 135 insider sell-offs equivalent to 164,757 shares.

Moving onto liquidity, Pinnacle West Capital Corporation (PNW) has a Current Ratio of 0.54, a Quick Ratio of 0.36 and a Cash Ratio of 0.00. Looking at this company’s capital structure, its Total Debt to Total Equity is 99.84, its Total Debt to Total Capital is 49.96, and its Total Debt to Total Assets is now 29.52. Looking even further ahead into the future, its Long-Term Debt to Equity is 88.81 and its Long-Term Debt to Total Capital is 44.44.