Edison International (NYSE: EIX) on Tuesday, plunged -0.99% from the previous trading day, before settling in for the closing price of $83.58. Within the past 52 weeks, EIX’s price has moved between $62.21 and $88.77.
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Annual sales at Utilities sector company grew by 5.54% over the past five years. The company achieved an average annual earnings per share of 3.80%. With a float of $386.70 million, this company’s outstanding shares have now reached $387.15 million.
Let’s look at the performance matrix of the company that is accounted for 14375 employees. In terms of profitability, gross margin is 37.5%, operating margin of 16.92%, and the pretax margin is 9.47%.
Edison International (EIX) Insider and Institutional Ownership
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Edison International is 0.12%, while institutional ownership is 90.10%. The most recent insider transaction that took place on Nov 07 ’24, was worth 78. In this transaction Director of this company sold 1 shares at a rate of $81.67, taking the stock ownership to the 16,168 shares. Before that another transaction happened on Nov 04 ’24, when Company’s EXEC. VP AND CFO sold 1 for $80.51, making the entire transaction worth $75. This insider now owns 57,322 shares in total.
Edison International (EIX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.80% per share during the next fiscal year.
Edison International (NYSE: EIX) Trading Performance Indicators
Edison International (EIX) is currently performing well based on its current performance indicators. A quick ratio of 0.81 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.41, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.65 in one year’s time.
Technical Analysis of Edison International (EIX)
Edison International (NYSE: EIX) saw its 5-day average volume 2.48 million, a positive change from its year-to-date volume of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 71.86%. Additionally, its Average True Range was 1.48.
During the past 100 days, Edison International’s (EIX) raw stochastic average was set at 66.30%, which indicates a significant increase from 41.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.69% in the past 14 days, which was higher than the 16.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.83, while its 200-day Moving Average is $76.08. Nevertheless, the first resistance level for the watch stands at $83.51 in the near term. At $84.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $84.72. If the price goes on to break the first support level at $82.31, it is likely to go to the next support level at $81.86. The third support level lies at $81.10 if the price breaches the second support level.
Edison International (NYSE: EIX) Key Stats
Market capitalization of the company is 32.04 billion based on 387,150K outstanding shares. Right now, sales total 16,338 M and income totals 1,407 M. The company made 5,201 M in profit during its latest quarter, and 538,000 K in sales during its previous quarter.
