As on September 11, 2020, Edison International (NYSE: EIX) got off with the flyer as it spiked 0.26% to $50.63. During the day, the stock rose to $50.64 and sunk to $49.90 before settling in for the price of $50.50 at the close. Taking a more long-term approach, EIX posted a 52-week range of $43.63-$78.93.
The Utilities Sector giants’ yearly sales growth during the last 5-year period was -1.60%. Meanwhile, its Annual Earning per share during the time was -2.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 368.60%. This publicly-traded company’s shares outstanding now amounts to $378.22 million, simultaneously with a float of $377.82 million. The organization now has a market capitalization sitting at $19.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $53.72, while the 200-day Moving Average is $62.03.
While finding the extent of efficiency of the company that is accounted for 12937 employees. It has generated 954,394 per worker during the last fiscal year. Meanwhile, its income per employee was 99,250. The stock had 8.83 Receivables turnover and 0.20 Total Asset turnover. For the Profitability, stocks gross margin was +22.35, operating margin was +17.89 and Pretax Margin of +9.13.
Edison International (EIX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Regulated Electric industry. Edison International’s current insider ownership accounts for 0.06%, in contrast to 89.90% institutional ownership. According to the most recent insider trade that took place on Aug 03, this organization’s Director sold 230 shares at the rate of 55.33, making the entire transaction reach 12,726 in total value, affecting insider ownership by 15,413. Preceding that transaction, on May 04, Company’s Director sold 230 for 56.16, making the whole transaction’s value amount to 12,917. This particular insider is now the holder of 12,817 in total.
Edison International (EIX) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2020, the company posted $1 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $1.11) by -$0.11. This company achieved a net margin of +10.40 while generating a return on equity of 10.81. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.21 per share during the current fiscal year.
Edison International’s EPS increase for this current 12-month fiscal period is 368.60% and is forecasted to reach 4.56 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.40% through the next 5 years, which can be compared against the -2.80% growth it accomplished over the previous five years trading on the market.
Edison International (NYSE: EIX) Trading Performance Indicators
Let’s observe the current performance indicators for Edison International (EIX). It’s Quick Ratio in the last reported quarter now stands at 0.70. The Stock has managed to achieve an average true range (ATR) of 1.20. Alongside those numbers, its PE Ratio stands at $16.37, and its Beta score is 0.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.53.
In the same vein, EIX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.09, a figure that is expected to reach 1.48 in the next quarter, and analysts are predicting that it will be 4.56 at the market close of one year from today.
Technical Analysis of Edison International (EIX)
Through scrutinizing the latest numbers posted by the [Edison International, EIX], it can be observed that its last 5-days Average volume of 2.5 million was lower the volume of 2.57 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 21.11% While, its Average True Range was 1.18.
Raw Stochastic average of Edison International (EIX) in the period of the previous 100 days is set at 4.86%, which indicates a major fall in contrast to 19.84% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.69% that was lower than 34.24% volatility it exhibited in the past 100-days period.