Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Edison International (NYSE: EIX) closed at $52.44 down -2.89% from its previous closing price of $54.00. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 6.87 million shares were traded. EIX stock price reached its highest trading level at $53.485 during the session, while it also had its lowest trading level at $51.64.
Ratios:
For a deeper understanding of Edison International’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 2.34 whereas as Long-Term Debt/Eq ratio is at 2.13.
On January 15, 2025, Ladenburg Thalmann Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $56.50.
Barclays Upgraded its Equal Weight to Overweight on January 02, 2025, whereas the target price for the stock was revised from $91 to $84.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 22 ’24 when Bowman Erica S sold 0 shares for $87.88 per share. The transaction valued at 42 led to the insider holds 1,287 shares of the business.
Taylor Peter J. sold 1,250 shares of EIX for $104,100 on Nov 15 ’24. The Director now owns 32,372 shares after completing the transaction at $83.28 per share. On Nov 15 ’24, another insider, Taylor Peter J., who serves as the Officer of the company, bought 1,250 shares for $82.13 each.
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 20302145536 and an Enterprise Value of 60790161408. As of this moment, Edison’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.39, and their Forward P/E ratio for the next fiscal year is 9.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 3.51 whereas that against EBITDA is 9.434.
Stock Price History:
The Beta on a monthly basis for EIX is 0.91, which has changed by -0.17088902 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, EIX has reached a high of $88.77, while it has fallen to a 52-week low of $53.26. The 50-Day Moving Average of the stock is -29.63%, while the 200-Day Moving Average is calculated to be -32.76%.
Shares Statistics:
For the past three months, EIX has traded an average of 3.90M shares per day and 6806460 over the past ten days. A total of 387.15M shares are outstanding, with a floating share count of 386.60M. Insiders hold about 0.14% of the company’s shares, while institutions hold 90.33% stake in the company. Shares short for EIX as of 1736899200 were 6036559 with a Short Ratio of 1.55, compared to 1734048000 on 5750751. Therefore, it implies a Short% of Shares Outstanding of 6036559 and a Short% of Float of 1.94.
Dividends & Splits
According to the company, the forward annual dividend rate for EIX is 3.17, from 3.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.057777777The stock’s 5-year Average Dividend Yield is 4.3. The current Payout Ratio is 96.17% for EIX, which recently paid a dividend on 2025-01-07 with an ex-dividend date of 1736208000. Stock splits for the company last occurred on 1993-06-22 when the company split stock in a 2:1 ratio.
