Edison International (EIX) concluded trading on Thursday at a closing price of $86.24, with 3.13 million shares of worth about $269.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.27% during that period and on September 26, 2024 the price saw a gain of about 0.87%. Currently the company’s common shares owned by public are about 386.18M shares, out of which, 385.73M shares are available for trading.
Stock saw a price change of 2.43% in past 5 days and over the past one month there was a price change of 1.72%. Year-to-date (YTD), EIX shares are showing a performance of 20.63% which increased to 31.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.82 but also hit the highest price of $88.77 during that period. The average intraday trading volume for Edison International shares is 1.91 million. The stock is currently trading 0.42% above its 20-day simple moving average (SMA20), while that difference is up 4.17% for SMA50 and it goes to 17.15% higher than SMA200.
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Edison International (NYSE: EIX) currently have 386.18M outstanding shares and institutions hold larger chunk of about 90.85% of that.
The stock has a current market capitalization of $33.30B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 34.67, while it has posted earnings per share of $2.49 in the same period. Its PEG reads 4.25 and has Quick Ratio of 0.96 while making debt-to-equity ratio of 2.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EIX, volatility over the week remained 1.63% while standing at 1.64% over the month.
Stock’s fiscal year EPS is expected to rise by 4.00% while it is estimated to increase by 13.28% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on September 12, 2024 offering a Buy rating for the stock and assigned a target price of $95 to it. Coverage by UBS stated Edison International (EIX) stock as a Neutral in their note to investors on July 19, 2024, suggesting a price target of $82 for the stock. On April 10, 2024, Goldman Initiated their recommendations, while on January 22, 2024, Guggenheim Upgrade their ratings for the stock with a price target of $84. Stock get an Outperform rating from Evercore ISI on October 23, 2023.
