TSE:PLPinnacle Renewable Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Pinnacle Renewable Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$4.20 +0.34 (+8.81 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's RangeC$3.87Now: C$4.20▼C$4.2050-Day RangeC$3.67MA: C$5.27▼C$6.9952-Week RangeC$3.63Now: C$4.20▼C$11.51Volume251,290 shsAverage Volume89,471 shsMarket CapitalizationC$140.11 millionP/E Ratio71.19Dividend Yield3.89%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsHeadlinesSocial Media Pinnacle Renewable Energy Inc., together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets in North America, Asia, and Europe. The company produces renewable fuel for electricity generation in the form of industrial wood pellets, which are used by utilities and large-scale power generators to produce renewable and baseload power. It also provides carbon-neutral products for residential customers; and animal bedding and sorbent products for pets. In addition, the company owns and operates the Westview port facility at Prince Rupert for the storage, handling, and loading of third party wood pellets. The company was formerly known as Pinnacle Renewable Holdings Inc. and changed its name to Pinnacle Renewable Energy Inc. in December 2018. Pinnacle Renewable Energy Inc. was founded in 1989 and is headquartered in Richmond, Canada.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingPinnacle Renewable has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$10.14, Pinnacle Renewable has a potential upside of 141.5% from its current price of C$4.20.Amount of Analyst CoveragePinnacle Renewable has only been the subject of 3 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesPinnacle Renewable has received 35 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPinnacle Renewable has received 37 “underperform” votes. (Add your “underperform” vote.)Community SentimentPinnacle Renewable has received 51.39% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Pinnacle Renewable and other stocks. Vote “Outperform” if you believe PL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipPinnacle Renewable is a leading dividend payer. It pays a dividend yield of 3.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPinnacle Renewable does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Pinnacle Renewable is 1,016.95 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pinnacle Renewable insiders have not sold or bought any company stock. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Pinnacle Renewable are expected to decrease by -100.00% in the coming year, from C$0.09 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pinnacle Renewable is 71.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Pinnacle Renewable is 71.19, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.48.Price to Book Value per Share RatioPinnacle Renewable has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.57 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Lumber & Wood Production Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:PL Previous Symbol CUSIPN/A CIKN/A Webpinnaclepellet.com Phone604-270-9613Debt Debt-to-Equity Ratio158.87 Current Ratio1.41 Quick Ratio0.59Price-To-Earnings Trailing P/E Ratio71.19 Forward P/E Ratio46.67 P/E GrowthN/A Sales & Book Value Annual SalesC$390.07 million Price / Sales0.36 Cash FlowC$0.27 per share Price / Cash Flow15.52 Book ValueC$5.23 per share Price / Book0.80Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees415 Outstanding Shares33,360,000Market CapC$140.11 million Next Earnings Date8/10/2020 (Estimated) OptionableNot Optionable TSX:PL Rates by TradingView Receive PL News and Ratings via Email Sign-up to receive the latest news and ratings for PL and its competitors with MarketBeat's FREE daily newsletter. Pinnacle Renewable (TSE:PL) Frequently Asked Questions How has Pinnacle Renewable's stock been impacted by COVID-19 (Coronavirus)? Pinnacle Renewable's stock was trading at C$6.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PL stock has decreased by 37.7% and is now trading at C$4.20. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Pinnacle Renewable? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinnacle Renewable in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pinnacle Renewable. When is Pinnacle Renewable's next earnings date? Pinnacle Renewable is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Pinnacle Renewable. How often does Pinnacle Renewable pay dividends? What is the dividend yield for Pinnacle Renewable? Pinnacle Renewable declared a quarterly dividend on Monday, May 11th. Stockholders of record on Friday, May 22nd will be given a dividend of 0.038 per share on Friday, June 5th. This represents a $0.15 annualized dividend and a yield of 3.62%. The ex-dividend date is Thursday, May 21st. View Pinnacle Renewable's dividend history. What price target have analysts set for PL? 6 brokerages have issued 12 month price targets for Pinnacle Renewable's shares. Their forecasts range from C$7.50 to C$14.00. On average, they expect Pinnacle Renewable's share price to reach C$10.14 in the next year. This suggests a possible upside of 141.5% from the stock's current price. View analysts' price targets for Pinnacle Renewable. Has Pinnacle Renewable been receiving favorable news coverage? Media coverage about PL stock has trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinnacle Renewable earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutPinnacle Renewable. Who are some of Pinnacle Renewable's key competitors? Some companies that are related to Pinnacle Renewable include Acadian Timber (ADN), Kangaroo Island Plantation Timbers (KPT), Midway (MWY), Big River Industries (BRI), Embelton (EMB), Canfor (CFPZF), Chemtrade Logistics Income Fund (ACAZF), EVITRADE Health Systems (EVA), Papyrus Australia (PPY), Pinnacle Renewable Energy (PINWF), Rubicon (RUBNF), Sonae Industria SGPS (SONI), Svenska Cellulosa Aktiebolaget SCA (publ) (SVCBF), West Fraser Timber (WFTBF) and Western Forest Products (WFSTF). View all competitors. What other stocks do shareholders of Pinnacle Renewable own? Based on aggregate information from My MarketBeat watchlists, some companies that other Pinnacle Renewable investors own include Enbridge (ENB), WestJet Airlines (WJA), Aurora Cannabis (ACB), Air Canada (AC), Ag Growth International (AFN), Cargojet (CJT), Cenovus Energy (CVE), Element Fleet Management (EFN), Enghouse Systems (ENGH) and Home Capital Group (HCG). Who are Pinnacle Renewable's key executives? Pinnacle Renewable's management team includes the following people: Mr. Robert McCurdy, CEO & Director (Age 62)Mr. Leroy Reitsma CMA, Pres, COO & Director (Age 47)Ms. Andrea Louise Johnston, Chief Financial OfficerMs. Iryna Chernykh, Director of AccountingMr. Ranj Sangra, Gen. Counsel & Corp. Sec. What is Pinnacle Renewable's stock symbol? Pinnacle Renewable trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PL." How do I buy shares of Pinnacle Renewable? Shares of PL and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Pinnacle Renewable's stock price today? One share of PL stock can currently be purchased for approximately C$4.20. How big of a company is Pinnacle Renewable? Pinnacle Renewable has a market capitalization of C$140.11 million and generates C$390.07 million in revenue each year. Pinnacle Renewable employs 415 workers across the globe. What is Pinnacle Renewable's official website? The official website for Pinnacle Renewable is pinnaclepellet.com. How can I contact Pinnacle Renewable? The company can be reached via phone at 604-270-9613. This page was last updated on 6/5/2020 by MarketBeat.com Staff
