At the time of writing, Edison International [EIX] stock is trading at $80.26, up 0.68%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EIX shares have gain 0.29% over the last week, with a monthly amount drifted -6.65%, 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.
For the past year, the stock price of Edison International fluctuated between $63.15 and $88.77. Currently, Wall Street analysts expect the stock to reach $89.83 within the next 12 months. Edison International [NYSE: EIX] shares were valued at $80.26 at the most recent close of the market. An investor can expect a potential return of 11.92% based on the average EIX price forecast.
Analyzing the EIX fundamentals
According to Edison International [NYSE:EIX], the company’s sales were 17.32B for trailing twelve months, which represents an 10.61% jump. 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 79.69 points at the first support level, and at 79.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.57, and for the 2nd resistance point, it is at 80.87.
Ratios To Look Out For
It is important to note that Edison International [NYSE:EIX] has a current ratio of 0.88. Further, the Quick Ratio stands at 0.81, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 23.55.
Transactions by insiders
Recent insider trading involved Bowman Erica S, VICE PRESIDENT, that happened on Nov 22 ’24 when 0.0 shares were sold. Director, Taylor Peter J. completed a deal on Nov 15 ’24 to sell 1250.0 shares. Meanwhile, Officer Taylor Peter J. bought 1250.0 shares on Nov 15 ’24.
