Edison International (NYSE: EIX) is -28.18% lower on its value in year-to-date trading and has touched a low of $47.73 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 $50.97 in the last trading session, with the day’s gains setting it 3579949.03%.
Currently trading at $3580000.0, the stock is 0.75% and -5.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.34 million and changing 1.24% at the moment leaves the stock -22.96% off its SMA200. EIX registered -35.37% loss for a year compared to 6-month loss of -35.71%. The firm has a 50-day simple moving average (SMA 50) of $54.455 and a 200-day simple moving average (SMA200) of $66.98055.
The stock witnessed a -7.66% gain in the last 1 month and extending the period to 3 months gives it a -11.31%, and is 2.87% 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 1.84% over the week and 2.96% over the month.
Edison International (EIX) has around 14013 employees, a market worth around $19.85B and $17.33B in sales. Current P/E ratio is 7.32 and Fwd P/E is 8.42. Profit margin for the company is 15.75%. Distance from 52-week low is 8.11% and -41.87% 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 22.99% this year.
Edison International (EIX) Top Institutional Holders
1246.0 institutions hold shares in Edison International (EIX), with institutional investors hold 89.72% of the company’s shares. The shares outstanding are 384.76M, and float is at 384.17M with Short Float at 2.32%. Institutions hold 89.55% 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).
