Let’s look at the key reasons that are pushing Edison International (EIX) to new highs

On Friday, Edison International (NYSE: EIX) opened higher 1.79% from the last session, before settling in for the closing price of $57.60. Price fluctuations for EIX have ranged from $49.06 to $88.77 over the past 52 weeks.

During the last 5-year period, the sales growth of Utilities Sector giant was 7.57%. Company’s average yearly earnings per share was noted 22.78% at the time writing. With a float of $384.14 million, this company’s outstanding shares have now reached $384.76 million.

Let’s determine the extent of company efficiency that accounts for 14013 employees. In terms of profitability, gross margin is 37.62%, operating margin of 27.8%, and the pretax margin is 20.56%.

Edison International (EIX) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Edison International is 0.15%, while institutional ownership is 89.87%. The most recent insider transaction that took place on Mar 06 ’25, was worth 178,666. In this transaction Director of this company sold 3,288 shares at a rate of $54.34, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 06 ’25, when Company’s Director proposed sale 3,288 for $54.34, making the entire transaction worth $178,666.

Edison International (EIX) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 22.78% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.67% during the next five years compared to -2.53% drop over the previous five years of trading.

Edison International (NYSE: EIX) Trading Performance Indicators

Check out the current performance indicators for Edison International (EIX). In the past quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.05, a number that is poised to hit 1.48 in the next quarter and is forecasted to reach 6.13 in one year’s time.

Technical Analysis of Edison International (EIX)

Looking closely at Edison International (NYSE: EIX), its last 5-days average volume was 2.41 million, which is a drop from its year-to-date volume of 4.82 million. As of the previous 9 days, the stock’s Stochastic %D was 88.45%. Additionally, its Average True Range was 1.59.

During the past 100 days, Edison International’s (EIX) raw stochastic average was set at 29.94%, which indicates a significant decrease from 94.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.10% in the past 14 days, which was lower than the 45.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $56.87, while its 200-day Moving Average is $71.49. However, in the short run, Edison International’s stock first resistance to watch stands at $58.95. Second resistance stands at $59.26. The third major resistance level sits at $59.90. If the price goes on to break the first support level at $58.00, it is likely to go to the next support level at $57.36. Now, if the price goes above the second support level, the third support stands at $57.05.

Edison International (NYSE: EIX) Key Stats

There are currently 384,764K shares outstanding in the company with a market cap of 22.56 billion. Presently, the company’s annual sales total 17,599 M according to its annual income of 1,546 M. Last quarter, the company’s sales amounted to 3,811 M and its income totaled 1,458 M.