Edison International [EIX] stock prices are down -0.06% to $82.13 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EIX shares have gain 0.83% over the last week, with a monthly amount drifted -4.46%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Edison International [NYSE: EIX] stock has seen the most recent analyst activity on November 07, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $93. On July 19, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $82 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $78 on April 10, 2024. Guggenheim upgraded its rating to a Buy but $84 remained the price target by the analyst firm on January 22, 2024. Evercore ISI upgraded its rating to Outperform for this stock on October 23, 2023, and downed its price target to $68. In a note dated August 23, 2023, Barclays initiated an Equal Weight rating and provided a target price of $68 on this stock.
The stock price of Edison International [EIX] has been fluctuating between $63.15 and $88.77 over the past year. Currently, Wall Street analysts expect the stock to reach $84.78 within the next 12 months. Edison International [NYSE: EIX] shares were valued at $82.13 at the most recent close of the market. An investor can expect a potential return of 3.23% based on the average EIX price forecast.
Analyzing the EIX fundamentals
The Edison International [NYSE:EIX] reported sales of 17.32B for trailing twelve months, representing a surge of 10.61%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.1 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 81.79 points at the first support level, and at 81.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.67, and for the 2nd resistance point, it is at 83.21.
Ratios To Look Out For
It’s worth pointing out that Edison International [NYSE:EIX]’s Current Ratio is 0.88. As well, the Quick Ratio is 0.81, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.84, the price to book ratio is 2.27 and price to earnings (TTM) ratio is 24.10.
Transactions by insiders
Recent insider trading involved Trent Keith, Director, that happened on Nov 07 ’24 when 1.0 shares were sold. EXEC. VP AND CFO, Rigatti Maria C. completed a deal on Nov 04 ’24 to sell 1.0 shares. Meanwhile, EXEC. VP, GC AND CORP. SEC. Umanoff Adam S sold 25619.0 shares on Oct 31 ’24.
