Edison International (NYSE: EIX) kicked off on Tuesday, up 0.62% from the previous trading day, before settling in for the closing price of $71.19. Over the past 52 weeks, EIX has traded in a range of $58.82-$77.04.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 5.54%. While this was happening, its average annual earnings per share was recorded 3.42%. With a float of $384.31 million, this company’s outstanding shares have now reached $384.75 million.
Considering the fact that the conglomerate employs 14375 people, you should pay attention to its efficiency factor.
Edison International (EIX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Edison International is 0.11%, while institutional ownership is 92.17%. The most recent insider transaction that took place on Jun 05 ’24, was worth 757,996. In this transaction SENIOR VICE PRESIDENT of this company sold 10,004 shares at a rate of $75.77, taking the stock ownership to the 26,918 shares. Before that another transaction happened on May 14 ’24, when Company’s PRESIDENT & CEO, EDISON ENERGY sold 45,012 for $75.14, making the entire transaction worth $3,382,274. This insider now owns 19,660 shares in total.
Edison International (EIX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 3.42% per share during the next fiscal year.
Edison International (NYSE: EIX) Trading Performance Indicators
Take a look at Edison International’s (EIX) current performance indicators. Last quarter, stock had a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.28, a number that is poised to hit 1.04 in the next quarter and is forecasted to reach 5.61 in one year’s time.
Technical Analysis of Edison International (EIX)
Compared to the last year’s volume of 2.06 million, its volume of 1.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.51%. Additionally, its Average True Range was 1.19.
During the past 100 days, Edison International’s (EIX) raw stochastic average was set at 61.05%, which indicates a significant increase from 19.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.81% in the past 14 days, which was lower than the 17.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.39, while its 200-day Moving Average is $68.82. Nevertheless, the first resistance level for the watch stands at $72.26 in the near term. At $72.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $73.43. If the price goes on to break the first support level at $71.09, it is likely to go to the next support level at $70.54. Should the price break the second support level, the third support level stands at $69.92.
Edison International (NYSE: EIX) Key Stats
The company with the Market Capitalisation of 27.56 billion has total of 384,753K Shares Outstanding. Its annual sales at the moment are 16,338 M in contrast with the sum of 1,407 M annual income. Company’s last quarter sales were recorded 4,078 M and last quarter income was 11,000 K.
