On Friday, Edison International (NYSE: EIX) was -0.26% drop from the session before settling in for the closing price of $80.01. A 52-week range for EIX has been $63.15 – $88.77.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Utilities sector has jumped its sales by 7.54% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 3.68%. With a float of $386.70 million, this company’s outstanding shares have now reached $387.15 million.
In an organization with 14375 employees, it is important to assess its efficiency. 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 Updates
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 90.16%. The most recent insider transaction that took place on Nov 22 ’24, was worth 42. In this transaction VICE PRESIDENT of this company sold 0 shares at a rate of $87.88, taking the stock ownership to the 1,287 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Director sold 1,250 for $83.28, making the entire transaction worth $104,100. This insider now owns 32,372 shares in total.
Edison International (EIX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 3.68% 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 1.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.41, a number that is poised to hit 1.08 in the next quarter and is forecasted to reach 5.69 in one year’s time.
Technical Analysis of Edison International (EIX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.76 million. That was better than the volume of 1.75 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.36%. Additionally, its Average True Range was 1.33.
During the past 100 days, Edison International’s (EIX) raw stochastic average was set at 20.99%, which indicates a significant decrease from 47.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.01% in the past 14 days, which was higher than the 15.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $82.90, while its 200-day Moving Average is $78.81. However, in the short run, Edison International’s stock first resistance to watch stands at $80.66. Second resistance stands at $81.53. The third major resistance level sits at $82.15. If the price goes on to break the first support level at $79.18, it is likely to go to the next support level at $78.56. Assuming the price breaks the second support level, the third support level stands at $77.69.
Edison International (NYSE: EIX) Key Stats
There are 387,150K outstanding shares of the company, which has a market capitalization of 30.81 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.
