Is Pinnacle West Capital (PNW) Outperforming Other Utilities Stocks This Year?

Core Viewpoint - Pinnacle West (PNW) is currently rated as a 2 (Buy) by Zacks Rank, indicating a positive outlook for the stock in the near term [1] Industry Overview - Pinnacle West is part of the Utility - Electric Power industry, which consists of 59 companies and ranks 77 in the Zacks Industry Rank [2] - The Utilities group has seen an average gain of approximately 15% year-to-date, with Pinnacle West outperforming this average [2] Company Performance - Pinnacle West has achieved a year-to-date gain of about 18.9%, surpassing the average gain of 11.2% for Utilities stocks [3] - Over the past 90 days, the Zacks Consensus Estimate for Pinnacle West's full-year earnings has increased by 7.6%, indicating improved analyst sentiment and a stronger earnings outlook [5] Peer Comparison - Southern Co. is another notable stock in the Utilities sector, with a year-to-date return of 18.1% and a consensus EPS estimate increase of 0.6% over the past three months, also holding a Zacks Rank of 2 (Buy) [8]