(PNW) Pinnacle West Capital - Ratings and Ratios

Pinnacle West Capital Corporation, operating through its subsidiary Arizona Public Service Company (APS), is a prominent provider of retail and wholesale electric services, primarily serving Arizona. The company utilizes a diverse mix of generation sources, including nuclear, natural gas, oil, coal, and solar facilities. Notably, APS has significantly expanded its solar portfolio, contributing to Arizonas renewable energy landscape. Their transmission network includes both overhead and underground lines, while distribution facilities comprise overhead lines and underground primary cables. The company also manages numerous substations and energy storage facilities to ensure reliable power supply.

Headquartered in Phoenix, Arizona, Pinnacle West was incorporated in 1985. The company is committed to reducing emissions and transitioning towards cleaner energy sources, aligning with broader industry trends. Their infrastructure is crucial for Arizonas growing population and economy, ensuring power delivery remains efficient and sustainable.

3-Month Forecast: - Technical Outlook: PNWs stock has shown an uptrend, with the last price ($95.01) above its SMA 20 ($92.96) and SMA 50 ($92.19). The ATR of 2.14 indicates moderate volatility. Expect potential resistance near $100, with support around $90. - Fundamental Outlook: With a market cap of $11.238B, PNW is a substantial player. The P/E ratio of 17.99, higher than industry averages, and a forward P/E of 20.53 suggest anticipated growth. The P/B ratio of 1.66 and P/S of 2.19 reflect reasonable valuation. An ROE of 9.01% indicates steady profitability. The stock may see appreciation, albeit at a tempered pace, supported by its renewable initiatives and stable utility demand.