Pinnacle West Capital Corp

Company Profile

Pinnacle West Capital Corp had its IPO on 1984-07-19 under the ticker symbol PNW.

The company operates in the Utilities sector and Utilities-Regulated Electric industry. Pinnacle West Capital Corp has a staff strength of 5,861 employees.

Stock update

Shares of Pinnacle West Capital Corp opened at $76.73 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $76 - $76.93, and closed at $76.48.

This is a -0.05% slip from the previous day's closing price.

A total volume of 533,101 shares were traded at the close of the day’s session.

In the last one week, shares of Pinnacle West Capital Corp have increased by +0.67%.

Pinnacle West Capital Corp's Key Ratios

Pinnacle West Capital Corp has a market cap of $8.67 billion, indicating a price to book ratio of 1.4395 and a price to sales ratio of 2.1622.

In the last 12-months Pinnacle West Capital Corp’s revenue was $4.55 billion with a gross profit of $1.71 billion and an EBITDA of $1.59 billion. The EBITDA ratio measures Pinnacle West Capital Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Pinnacle West Capital Corp’s operating margin was 16.68% while its return on assets stood at 2.04% with a return of equity of 6.99%.

In Q2, Pinnacle West Capital Corp’s quarterly earnings growth was a negative -35.2% while revenue growth was a positive 5.7%.

Pinnacle West Capital Corp’s PE and PEG Ratio

Forward PE

18.8324

Trailing PE

21.4342

PEG

39.1495

Its diluted EPS in the last 12-months stands at $3.57 per share while it has a forward price to earnings multiple of 18.8324 and a PEG multiple of 39.1495. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Pinnacle West Capital Corp’s profitability.

Pinnacle West Capital Corp stock is trading at a EV to sales ratio of 4.2762 and a EV to EBITDA ratio of 10.4818. Its price to sales ratio in the trailing 12-months stood at 2.1622.

Pinnacle West Capital Corp stock pays annual dividends of $3.445 per share, indicating a yield of 4.52% and a payout ratio of 96.65%.

Balance sheet and cash flow metrics

Total Assets

$23.98 billion

Total Liabilities

$1.93 billion

Operating Cash Flow

$-430532000.00

Capital Expenditure

$473.02 million

Dividend Payout Ratio

96.65%

Pinnacle West Capital Corp ended 2024 with $23.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $23.98 billion while shareholder equity stood at $5.97 billion.

Pinnacle West Capital Corp ended 2024 with $0 in deferred long-term liabilities, $1.93 billion in other current liabilities, 2736112000.00 in common stock, $3.27 billion in retained earnings and $0 in goodwill. Its cash balance stood at $7.66 million and cash and short-term investments were $7.66 million. The company’s total short-term debt was $714,915,000 while long-term debt stood at $8.16 billion.

Pinnacle West Capital Corp’s total current assets stands at $1.85 billion while long-term investments were $1.16 billion and short-term investments were $0. Its net receivables were $675.72 million compared to accounts payable of $436.81 million and inventory worth $492.79 million.

In 2024, Pinnacle West Capital Corp's operating cash flow was $-430532000.00 while its capital expenditure stood at $473.02 million.

Comparatively, Pinnacle West Capital Corp paid $0.97 in dividends in 2024.

Other key metrics

Current Trading Price

$76.48

52-Week High

$85.1419

52-Week Low

$56.3874

Analyst Target Price

$79.9

Pinnacle West Capital Corp stock is currently trading at $76.48 per share. It touched a 52-week high of $85.1419 and a 52-week low of $85.1419. Analysts tracking the stock have a 12-month average target price of $79.9.

Its 50-day moving average was $79.63 and 200-day moving average was $76.87 The short ratio stood at 1.35 indicating a short percent outstanding of 0%.

Around 49.1% of the company’s stock are held by insiders while 9154.9% are held by institutions.