Edison International (NYSE: EIX) is -38.10% 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 $53.76 in the last trading session, with the day’s loss setting it -4.34%.
Currently trading at $49.42, the stock is -11.58% and -12.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.17 million and changing -8.07% at the moment leaves the stock -28.87% off its SMA200. EIX registered -34.48% loss for a year compared to 6-month loss of -41.40%. The firm has a 50-day simple moving average (SMA 50) of $56.2808 and a 200-day simple moving average (SMA200) of $69.48225.
The stock witnessed a -11.95% gain in the last 1 month and extending the period to 3 months gives it a -13.28%, and is -10.84% 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 3.76% over the week and 2.38% over the month.
Edison International (EIX) has around 14013 employees, a market worth around $19.02B and $17.33B in sales. Current P/E ratio is 7.01 and Fwd P/E is 8.06. Profit margin for the company is 15.75%. Distance from 52-week low is 0.73% and -44.33% from its 52-week high. The company has generated returns on investments over the last 12 months (5.15%).
The EPS is expected to grow by 23.03% this year.
Edison International (EIX) Top Institutional Holders
1248.0 institutions hold shares in Edison International (EIX), with institutional investors hold 89.73% of the company’s shares. The shares outstanding are 384.76M, and float is at 384.17M with Short Float at 1.90%. Institutions hold 89.56% 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).
