Edison International (EIX) concluded trading on Wednesday at a closing price of $69.50, with 12.04 million shares of worth about $837.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.99% during that period and on January 08, 2025 the price saw a loss of about -10.18%. Currently the company’s common shares owned by public are about 387.15M shares, out of which, 386.70M shares are available for trading.
Stock saw a price change of -12.95% in past 5 days and over the past one month there was a price change of -17.21%. Year-to-date (YTD), EIX shares are showing a performance of -12.95% which decreased to -5.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $63.15 but also hit the highest price of $88.77 during that period. The average intraday trading volume for Edison International shares is 2.11 million. The stock is currently trading -12.56% below its 20-day simple moving average (SMA20), while that difference is down -15.55% for SMA50 and it goes to -11.90% lower than SMA200.
Edison International (NYSE: EIX) currently have 387.15M outstanding shares and institutions hold larger chunk of about 90.08% of that.
The stock has a current market capitalization of $26.91B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 20.39, while it has posted earnings per share of $3.41 in the same period. Its PEG reads 3.34 and has Quick Ratio of 0.81 while making debt-to-equity ratio of 2.34. 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 4.13% while standing at 2.21% over the month.
Stock’s fiscal year EPS is expected to rise by 3.83% while it is estimated to increase by 15.10% 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 Barclays on January 02, 2025 offering an Overweight rating for the stock and assigned a target price range of between $91 and $84 to it. Coverage by Jefferies stated Edison International (EIX) stock as a Buy in their note to investors on November 07, 2024, suggesting a price target of $93 for the stock. On September 12, 2024, BofA Securities Resumed their recommendations, while on July 19, 2024, UBS Downgrade their ratings for the stock with a price target of $82. Stock get a Neutral rating from Goldman on April 10, 2024.
