Edison International (NYSE: EIX) is -29.73% 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 $55.40 in the last trading session, with the day’s gains setting it 0.7%.
Currently trading at $56.10, the stock is -2.16% and 2.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.08 million and changing 1.26% at the moment leaves the stock -23.76% off its SMA200. EIX registered -18.60% loss for a year compared to 6-month loss of -33.57%. The firm has a 50-day simple moving average (SMA 50) of $54.8502 and a 200-day simple moving average (SMA200) of $73.58755.
The stock witnessed a 0.48% gain in the last 1 month and extending the period to 3 months gives it a -13.69%, and is 2.47% up 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 6.19% over the week and 3.63% over the month.
Edison International (EIX) has around 14013 employees, a market worth around $21.60B and $17.60B in sales. Current P/E ratio is 16.99 and Fwd P/E is 9.15. Profit margin for the company is 7.30%. Distance from 52-week low is 14.35% and -36.80% from its 52-week high. The company has generated returns on investments over the last 12 months (2.56%).
The EPS is expected to grow by 21.07% this year.
Edison International (EIX) Top Institutional Holders
1283.0 institutions hold shares in Edison International (EIX), with institutional investors hold 91.69% of the company’s shares. The shares outstanding are 384.78M, and float is at 384.38M with Short Float at 1.87%. Institutions hold 91.51% 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).
