Edison International (NYSE: EIX) is -4.83% lower on its value in year-to-date trading and has touched a low of $58.82 and a high of $74.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EIX stock was last observed hovering at around $66.81 in the last trading session, with the day’s gains setting it 1.23%.
Currently trading at $68.04, the stock is -2.11% and -0.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.72 million and changing 1.84% at the moment leaves the stock 0.04% off its SMA200. EIX registered -5.60% loss for a year compared to 6-month gain of 2.86%.
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The stock witnessed a -1.33% loss in the last 1 month and extending the period to 3 months gives it a -1.82%, and is -1.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.85% over the week and 1.72% over the month.
Edison International (EIX) has around 14375 employees, a market worth around $26.17B and $16.34B in sales. Current P/E ratio is 21.87 and Fwd P/E is 12.14. Profit margin for the company is 7.33%. Distance from 52-week low is 15.67% and -9.18% from its 52-week high. The company has generated returns on investments over the last 12 months (2.55%).
The EPS is expected to grow by 4.11% this year
The shares outstanding are 384.68M, and float is at 384.25M with Short Float at 1.74%.
Edison International (EIX) Insider Activity
The most recent transaction is an insider sale by Choi Caroline, the company’s SENIOR VICE PRESIDENT. SEC filings show that Choi Caroline sold 11,222 shares of the company’s common stock on Sep 15 ’23 at a price of $71.64 per share for a total of $0.8 million. Following the sale, the insider now owns 20881.0 shares.
