Recent developments with Edison International (EIX) have led to the company’s beta value being reach 0.93 cents.

On Friday, Edison International (NYSE: EIX) was -0.70% drop from the session before settling in for the closing price of $87.09. A 52-week range for EIX has been $63.15 – $88.77.

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 3.77%. 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

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 90.20%. The most recent insider transaction that took place on Nov 15 ’24, was worth 104,100. In this transaction Director of this company sold 1,250 shares at a rate of $83.28, taking the stock ownership to the 32,372 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 1,250 for $82.13, making the entire transaction worth $102,662.

Edison International (EIX) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.28 earnings per share (EPS) during the time that was better than consensus figure (set at 1.15) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.32 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.77% 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 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.41, a number that is poised to hit 1.10 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 2.34 million, a positive change from its year-to-date volume of 2.03 million. As of the previous 9 days, the stock’s Stochastic %D was 91.65%. Additionally, its Average True Range was 1.43.

During the past 100 days, Edison International’s (EIX) raw stochastic average was set at 86.88%, which indicates a significant increase from 79.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.84% in the past 14 days, which was lower than the 16.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $84.64, while its 200-day Moving Average is $76.81. Nevertheless, the first resistance level for the watch stands at $87.51 in the near term. At $88.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $89.09. If the price goes on to break the first support level at $85.92, it is likely to go to the next support level at $85.36. The third support level lies at $84.34 if the price breaches the second support level.

Edison International (NYSE: EIX) Key Stats

There are 387,150K outstanding shares of the company, which has a market capitalization of 33.25 billion. As of now, sales total 16,338 M while income totals 1,407 M. Its latest quarter income was 5,201 M while its last quarter net income were 538,000 K.