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The closing price of Edison International (NYSE: EIX) was $81.62 for the day, up 0.05% from the previous closing price of $81.58. In other words, the price has increased by $0.05 from its previous closing price. On the day, 1.44 million shares were traded. EIX stock price reached its highest trading level at $82.025 during the session, while it also had its lowest trading level at $81.09.
Ratios:
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 0.81 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on November 07, 2024, initiated with a Buy rating and assigned the stock a target price of $93.
UBS Downgraded its Buy to Neutral on July 19, 2024, whereas the target price for the stock was revised from $83 to $82.
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 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 31599185920 and an Enterprise Value of 72087207936. As of this moment, Edison’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.95, and their Forward P/E ratio for the next fiscal year is 14.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 4.162 whereas that against EBITDA is 11.187.
Stock Price History:
Over the past 52 weeks, EIX has reached a high of $88.77, while it has fallen to a 52-week low of $63.15. The 50-Day Moving Average of the stock is -3.20%, while the 200-Day Moving Average is calculated to be 4.62%.
Shares Statistics:
EIX traded an average of 2.09M shares per day over the past three months and 1948790 shares per day over the past ten days. A total of 387.15M shares are outstanding, with a floating share count of 386.70M. Insiders hold about 0.12% of the company’s shares, while institutions hold 90.17% stake in the company. Shares short for EIX as of 1732838400 were 5577808 with a Short Ratio of 2.67, compared to 1730332800 on 5698279. Therefore, it implies a Short% of Shares Outstanding of 5577808 and a Short% of Float of 1.79.
Dividends & Splits
With its trailing 12-month dividend rate of 3.12, EIX has a forward annual dividend rate of 3.12. Against a Trailing Annual Dividend Yield of 0.038244665The stock’s 5-year Average Dividend Yield is 4.24.
