Edison International (NYSE: EIX) is -34.24% lower on its value in year-to-date trading and has touched a low of $49.06 and a high of $88.77 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 $53.62 in the last trading session, with the day’s loss setting it -1.12%.
Currently trading at $52.50, the stock is -8.50% and -4.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.27 million and changing -2.09% at the moment leaves the stock -28.89% off its SMA200. EIX registered -25.87% loss for a year compared to 6-month loss of -39.08%. The firm has a 50-day simple moving average (SMA 50) of $54.8184 and a 200-day simple moving average (SMA200) of $73.83105.
The stock witnessed a -7.88% gain in the last 1 month and extending the period to 3 months gives it a -33.07%, and is -10.64% 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 5.57% over the week and 3.19% over the month.
Edison International (EIX) has around 14013 employees, a market worth around $20.21B and $17.60B in sales. Current P/E ratio is 15.90 and Fwd P/E is 8.54. Profit margin for the company is 7.30%. Distance from 52-week low is 7.01% and -40.86% from its 52-week high. The company has generated returns on investments over the last 12 months (2.56%).
with sales reaching $4.29B over the same period.The EPS is expected to grow by 21.16% this year, but quarterly earnings will post 3.61% year-over-year. Quarterly sales are estimated to grow 5.11% in year-over-year returns.
Edison International (EIX) Top Institutional Holders
1275.0 institutions hold shares in Edison International (EIX), with institutional investors hold 91.03% of the company’s shares. The shares outstanding are 384.78M, and float is at 384.38M with Short Float at 2.22%. Institutions hold 90.86% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 46.62 million shares valued at $3.35 billion. The investor’s holdings represent 12.11% of the EIX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 38.21 million shares valued at $2.74 billion to account for 9.9259 of the shares outstanding. The other top investors are STATE STREET CORP which holds 32.33 million shares representing 8.3963% and valued at over $2.32 billion, while FMR LLC holds 5.2101 of the shares totaling 20.06 million with a market value of $1.44 billion.
Edison International (EIX) Insider Activity
The most recent transaction is an insider sale by Beliveau-Dunn Jeanne, the company’s Director. SEC filings show that Beliveau-Dunn Jeanne sold 3,288 shares of the company’s common stock on Mar 06 ’25 at a price of $54.34 per share for a total of $0.18 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Nov 22 ’24, Bowman Erica S (VICE PRESIDENT) disposed off 0 shares at an average price of $87.88 for $42.0. The insider now directly holds 1,287 shares of Edison International (EIX).
