Edison International (EIX)’s valuation ratios: A closer look

The closing price of Edison International (NYSE: EIX) was $67.37 for the day, down -0.46% from the previous closing price of $67.68. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 1007068 shares were traded. EIX stock price reached its highest trading level at $68.34 during the session, while it also had its lowest trading level at $67.27.

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Our analysis of EIX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 2.15.

Upgrades & Downgrades

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 05 when Murphy J Andrew sold 22,471 shares for $72.03 per share. The transaction valued at 1,618,645 led to the insider holds 12,989 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EIX now has a Market Capitalization of 28.11B and an Enterprise Value of 63.90B. As of this moment, Edison’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.90, and their Forward P/E ratio for the next fiscal year is 13.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 3.71 whereas that against EBITDA is 12.97.

Stock Price History:

Over the past 52 weeks, EIX has reached a high of $74.92, while it has fallen to a 52-week low of $54.45. The 50-Day Moving Average of the stock is 71.10, while the 200-Day Moving Average is calculated to be 66.47.

Shares Statistics:

EIX traded an average of 1.80M shares per day over the past three months and 1.42M shares per day over the past ten days. A total of 383.00M shares are outstanding, with a floating share count of 381.54M. Insiders hold about 0.10% of the company’s shares, while institutions hold 90.40% stake in the company. Shares short for EIX as of Apr 27, 2023 were 8.53M with a Short Ratio of 8.53M, compared to 9.34M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.23% and a Short% of Float of 3.22%.

Dividends & Splits

With its trailing 12-month dividend rate of 2.88, EIX has a forward annual dividend rate of 2.95. Against a Trailing Annual Dividend Yield of 4.25%, it implies a Forward Annual Dividend Yield of 4.36%. The stock’s 5-year Average Dividend Yield is 4.12. The current Payout Ratio is 129.20% for EIX, which recently paid a dividend on Apr 29, 2023 with an ex-dividend date of Mar 29, 2023. Stock splits for the company last occurred on Jun 21, 1993 when the company split stock in a 2:1 ratio.

Earnings Estimates

The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.97 for the current quarter, with a high estimate of $1.12 and a low estimate of $0.89, while EPS last year was $0.94. The consensus estimate for the next quarter is $1.6, with high estimates of $1.75 and low estimates of $1.51.

Analysts are recommending an EPS of between $4.85 and $4.69 for the fiscal current year, implying an average EPS of $4.74. EPS for the following year is $5.08, with 12 analysts recommending between $5.47 and $4.89.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $4.42B to a low estimate of $4.2B. As of the current estimate, Edison International’s year-ago sales were $4.01B, an estimated increase of 7.50% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $5.98B, an increase of 19.20% over than the figure of $7.50% in the same quarter last year. There is a high estimate of $6.4B for the next quarter, whereas the lowest estimate is $5.57B.

A total of 7 analysts have provided revenue estimates for EIX’s current fiscal year. The highest revenue estimate was $19.41B, while the lowest revenue estimate was $16.93B, resulting in an average revenue estimate of $17.9B. In the same quarter a year ago, actual revenue was $17.22B, up 4.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $18.62B in the next fiscal year. The high estimate is $19.72B and the low estimate is $17.61B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.