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In the latest session, Edison International (NYSE: EIX) closed at $81.45 up 0.34% from its previous closing price of $81.17. In other words, the price has increased by $0.34 from its previous closing price. On the day, 2.58 million shares were traded. EIX stock price reached its highest trading level at $82.12 during the session, while it also had its lowest trading level at $80.67.
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.
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 Nov-08-24, 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:
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 04 ’24 when Rigatti Maria C. sold 1 shares for $80.51 per share. The transaction valued at 75 led to the insider holds 57,322 shares of the business.
Umanoff Adam S sold 25,619 shares of EIX for $2,127,540 on Oct 31 ’24. The EXEC. VP, GC AND CORP. SEC. now owns 0 shares after completing the transaction at $83.05 per share. On Aug 26 ’24, another insider, Murphy J Andrew, who serves as the PRESIDENT & CEO, EDISON ENERGY of the company, sold 23,896 shares for $85.45 each. As a result, the insider received 2,041,856 and left with 19,850 shares of the company.
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 31533367296 and an Enterprise Value of 72021393408. As of this moment, Edison’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.90, and their Forward P/E ratio for the next fiscal year is 14.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.25. 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 4.158 whereas that against EBITDA is 11.14.
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 $62.21. The 50-Day Moving Average of the stock is -4.24%, while the 200-Day Moving Average is calculated to be 7.39%.
Shares Statistics:
For the past three months, EIX has traded an average of 1.96M shares per day and 2295120 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 91.16% stake in the company. Shares short for EIX as of 1728950400 were 5954680 with a Short Ratio of 3.04, compared to 1726185600 on 5581567. Therefore, it implies a Short% of Shares Outstanding of 5954680 and a Short% of Float of 1.91.
Dividends & Splits
According to the company, the forward annual dividend rate for EIX is 3.12, from 3.12 in the trailing year. Against a Trailing Annual Dividend Yield of 0.038437847The stock’s 5-year Average Dividend Yield is 4.24.
