Piedmont Natural Gas (PNY)
Piedmont Natural Gas Altman Z-Score: 1.227
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PNY Altman Z-Score Rankings
| Overall | 26th percentile | 2604 of 3552 |
| Sector | 65th percentile | 35 of 100 in Utilities |
| Industry | 35th percentile | 13 of 20 in Gas Utilities |
PNY Altman Z-Score Range, Past 5 Years
| Minimum | 1.227 | May 31 2012 |
| Maximum | 1.771 | Apr 2008 |
| Average | 1.527 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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PNY News
about 12 hours ago by tooezy4me
May 29, 10:36AM PR Newswire
about 15 days ago by RecogniaEvents
about 84 days ago by DynamicDividend
Mar 08, 11:07AM Street Insider
about 85 days ago by earningscast
about 87 days ago by ScholzCapital
about 92 days ago by StockTwits
about 92 days ago by DynamicDividend
Feb 27, 8:53AM PR Newswire
about 135 days ago by MarketBrief
about 149 days ago by earningscast
about 266 days ago by Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PNY | 30.30 | +0.63 | +2.12% | 2.146B |
| PNX | 1.61 | -0.02 | -1.23% | 189.59M |
| PNW | 49.35 | +0.50 | +1.02% | 5.337B |
| PLX | 6.42 | +0.07 | +1.10% | 576.71M |
| PLUS | 31.43 | -0.27 | -0.85% | 255.50M |
| PLUG | 1.17 | +0.02 | +1.62% | 43.49M |
| PLT | 30.08 | -0.46 | -1.51% | 1.313B |
| PLPC | 54.81 | -1.51 | -2.68% | 292.14M |
| PLOW | 12.78 | -0.12 | -0.93% | 285.48M |
| PLNR | 1.85 | +0.05 | +2.78% | 36.67M |
