6 hours Ago By Defense World Staff
Pinnacle West Capital ( NYSE:PNW – Get Free Report ) and China Resources Power ( OTCMKTS:CRPJY – Get Free Report ) are both utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, analyst recommendations, valuation, institutional ownership, risk, earnings and dividends. Analyst Recommendations This is a summary of recent ratings and recommmendations for Pinnacle West Capital and China Resources Power, as provided by MarketBeat. Pinnacle West Capital presently has a consensus target price of $80.
54, suggesting a potential downside of 8.45%. Given Pinnacle West Capital’s higher probable upside, analysts clearly believe Pinnacle West Capital is more favorable than China Resources Power.
Dividends Volatility and Risk Pinnacle West Capital has a beta of 0.52, suggesting that its stock price is 48% less volatile than the S&P 500. Comparatively, China Resources Power has a beta of 0.
55, suggesting that its stock price is 45% less volatile than the S&P 500. Insider & Institutional Ownership 91.5% of Pinnacle West Capital shares are held by institutional investors.
0.2% of Pinnacle West Capital shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability This table compares Pinnacle West Capital and China Resources Power’s net margins, return on equity and return on assets. Valuation and Earnings This table compares Pinnacle West Capital and China Resources Power”s revenue, earnings per share (EPS) and valuation. China Resources Power has higher revenue and earnings than Pinnacle West Capital.
Summary Pinnacle West Capital beats China Resources Power on 10 of the 14 factors compared between the two stocks. About Pinnacle West Capital ( Get Free Report ) Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities.
Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains transmission and distribution substations; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
About China Resources Power ( Get Free Report ) China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects.
As of December 31, 2022, the company had 42 coal-fired power plants, 159 wind farms, 38 photovoltaic power plants, 2 hydroelectric plants, and 5 gas-fired plants with total attributable operational generation capacity of 52,581 MW. It also engages in coal mining and marketing activities; and undertakes combined generation of heat and power, coal-electricity integration, and other projects. In addition, the company is involved in the distribution of energy, power sale, intelligent energy, coal mining, and other areas; and distribution network construction and operation, distributed energy resource, and other businesses.
The company was incorporated in 2001 and is based in Wan Chai, Hong Kong. China Resources Power Holdings Company Limited operates as a subsidiary of CRH (Power) Limited. Receive News & Ratings for Pinnacle West Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle West Capital and related companies with MarketBeat.
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