June 27, 2025 a 09:00 pm
PNW: Analysts Ratings - Pinnacle West Capital Corporation
The current sentiment around Pinnacle West Capital Corporation (PNW) suggests a cautious outlook with a predominant inclination towards holding the stock. The diversity in power generation, combined with the specific regional market focus in Arizona, affects analyst confidence and forward-looking recommendations. Recent ratings showcase a balance between buy and hold recommendations, but the absence of strong buy signals indicates a cautious approach from analysts.
Historical Stock Grades
| Recommendation | Count | Score |
|---|---|---|
| Strong Buy | 0 | |
| Buy | 7 | |
| Hold | 10 | |
| Sell | 0 | |
| Strong Sell | 1 |
Sentiment Development
The data over the past months reveals a noticeable increase in the 'Hold' ratings, indicating a trend towards caution among analysts. Conversely, the 'Strong Buy' ratings have vanished, showing decreased bullish sentiment. The total number of ratings remains relatively stable, suggesting consistent analyst coverage.
- From heavy 'Strong Buy' to zero indicates a significant sentiment shift.
- 'Hold' ratings increased by two over recent months.
- Consistency in 'Sell' and 'Strong Sell' ratings, suggesting stable bearish outlooks.
Percentage Trends
The transition in analyst ratings highlights a shift towards neutrality. The decline in 'Strong Buy' percentages in favor of 'Hold' suggests a market view that is flattening out. This change aligns with regional market fluctuations and energy sector dynamics.
- Drop in 'Strong Buy' from approximately 16% to 0% over 12 months.
- Stable percentage for 'Sell' and 'Strong Sell' ratings indicating continued market caution.
- 'Buy' ratings have slightly decreased, indicating a tempered enthusiasm for PNW stock.
Latest Analyst Recommendations
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-05-22 | Equal Weight | Equal Weight | Morgan Stanley |
| 2025-05-02 | Equal Weight | Equal Weight | Wells Fargo |
| 2025-04-01 | Equal Weight | Equal Weight | Barclays |
| 2025-03-21 | Neutral | Neutral | UBS |
| 2025-03-20 | Equal Weight | Equal Weight | Morgan Stanley |
Analyst Recommendations with Change of Opinion
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2024-12-04 | Overweight | Sector Weight | Keybanc |
| 2024-11-18 | Equal Weight | Overweight | Barclays |
| 2024-06-06 | Buy | Neutral | Ladenburg Thalmann |
| 2024-03-18 | Buy | Neutral | B of A Securities |
| 2024-03-11 | Neutral | Sell | UBS |
Interpretation
The analyst recommendations for Pinnacle West Capital Corporation signal a market with balanced caution and moderate optimism. The marked absence of 'Strong Buy' ratings, coupled with a steady increase in 'Hold' recommendations, indicates prevailing uncertainty and a cautious outlook. However, recent upgrades suggest pockets of confidence in future profitability. The observed stabilization in recommendations reveals a relatively firm consensus among analysts, underlining a careful market approach without significant bullish or bearish swings.
Conclusion
In summary, the Pinnacle West Capital Corporation stock represents a balanced investment opportunity with moderate risk and potential. Analyst sentiment shows a transition towards neutrality, marked by increased 'Hold' ratings and the disappearance of 'Strong Buy' recommendations. Despite shifts from bullish to neutral perspectives, recent rating upgrades suggest room for optimism driven by strategic developments in the energy sector. As such, investors should weigh the stable yet cautious sentiment of analysts against sector dynamics before making informed decisions. The overall consensus appears prudent, advocating for a wait-and-see approach.