On Tuesday, Edison International (NYSE: EIX) was 0.63% up from the session before settling in for the closing price of $84.54. A 52-week range for EIX has been $61.64 – $88.77.
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Annual sales at Utilities sector company grew by 5.54% over the past five years. When this article was written, the company’s average yearly earnings per share was at 3.86%. With a float of $385.73 million, this company’s outstanding shares have now reached $386.18 million.
Let’s look at the performance matrix of the company that is accounted for 14375 employees. In terms of profitability, gross margin is 38.15%, operating margin of 14.43%, and the pretax margin is 7.04%.
Edison International (EIX) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Edison International stocks. The insider ownership of Edison International is 0.12%, while institutional ownership is 90.82%. The most recent insider transaction that took place on Aug 26 ’24, was worth 2,041,856. In this transaction PRESIDENT & CEO, EDISON ENERGY of this company sold 23,896 shares at a rate of $85.45, taking the stock ownership to the 19,850 shares. Before that another transaction happened on Aug 23 ’24, when Company’s PRESIDENT & CEO, EDISON ENERGY sold 1,362 for $85.00, making the entire transaction worth $115,770. This insider now owns 19,850 shares in total.
Edison International (EIX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.86% per share during the next fiscal year.
Edison International (NYSE: EIX) Trading Performance Indicators
You can see what Edison International (EIX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.49, a number that is poised to hit 1.42 in the next quarter and is forecasted to reach 5.61 in one year’s time.
Technical Analysis of Edison International (EIX)
Edison International (NYSE: EIX) saw its 5-day average volume 1.85 million, a negative change from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 28.96%. Additionally, its Average True Range was 1.28.
During the past 100 days, Edison International’s (EIX) raw stochastic average was set at 79.29%, which indicates a significant increase from 41.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.50% in the past 14 days, which was lower than the 16.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.98, while its 200-day Moving Average is $74.72. Nevertheless, the first resistance level for the watch stands at $85.61 in the near term. At $86.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $86.67. If the price goes on to break the first support level at $84.55, it is likely to go to the next support level at $84.04. The third support level lies at $83.49 if the price breaches the second support level.
Edison International (NYSE: EIX) Key Stats
There are 384,753K outstanding shares of the company, which has a market capitalization of 32.85 billion. As of now, sales total 16,338 M while income totals 1,407 M. Its latest quarter income was 4,336 M while its last quarter net income were 460,000 K.
