Pinnacle West Capital Corporation provides key insights into its financial health with the announcement of its Q3 and Q4 2024 earnings. Despite considerable challenges, the utility company remains resilient, alluding to its strength as a steady income generator. Notably, its fair intrinsic value is suggested to be 30% above its share price. Its Q4 earnings report shows a relatively lesser-than-expected loss and revenues surpassing estimates. However, there are indications that the company might be using debt extensively. There are also traces of changes in leadership with Ted Geisler taking over Jeff Guldner's position, which can be a significant determinant in the company's direction. Morgan Stanley and BofA have increased their price targets for the company, reflecting positive future perspectives. Nonetheless, there are concerns regarding insider stock disposals suggesting potential bearish signals. The company is also under scrutiny for underperforming compared to its competitors. These elements could affect the price of 'Pinnacle West Capital Corporation PNW' in the market.
Pinnacle West Capital Corporation PNW News Analytics from Thu, 21 May 2009 18:50:38 GMT to Sat, 22 Mar 2025 07:27:40 GMT -
Rating 4
- Innovation -6
- Information 6
- Rumor -3
