Edison International (NYSE: EIX) is -39.44% lower on its value in year-to-date trading and has touched a low of $47.86 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 $48.32 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $48.35, the stock is -10.43% and -12.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.18 million and changing 0.06% at the moment leaves the stock -29.52% off its SMA200. EIX registered -34.26% loss for a year compared to 6-month loss of -40.73%.
The stock witnessed a -16.06% gain in the last 1 month and extending the period to 3 months gives it a -18.00%, and is -2.17% 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 2.44% over the week and 2.46% over the month.
Edison International (EIX) has around 14013 employees, a market worth around $18.60B and $17.33B in sales. Current P/E ratio is 6.86 and Fwd P/E is 7.89. Profit margin for the company is 15.75%. Distance from 52-week low is 1.02% and -45.53% from its 52-week high. The company has generated returns on investments over the last 12 months (5.15%).
with sales reaching $4.52B over the same period.The EPS is expected to grow by 23.02% this year, but quarterly earnings will post 5.36% year-over-year. Quarterly sales are estimated to grow 4.35% in year-over-year returns.
Edison International (EIX) Top Institutional Holders
The shares outstanding are 384.76M, and float is at 384.17M with Short Float at 1.85%.
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).
