Currently, there are 387.15M common shares owned by the public and among those 386.64M shares have been available to trade.
The company’s stock has a 5-day price change of -9.83% and -34.47% over the past three months. EIX shares are trading -29.72% year to date (YTD), with the 12-month market performance down to -16.30% lower. It has a 12-month low price of $55.27 and touched a high of $88.77 over the same period. EIX has an average intraday trading volume of 3.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -16.30%, -26.97%, and -28.31% respectively.
Institutional ownership of Edison International (NYSE: EIX) shares accounts for 90.11% of the company’s 387.15M shares outstanding.
It has a market capitalization of $21.72B and a beta (3y monthly) value of 0.92. The stock’s trailing 12-month PE ratio is 16.46, while the earnings-per-share (ttm) stands at $3.41. The company has a PEG of 1.97 and a Quick Ratio of 0.81 with the debt-to-equity ratio at 2.34. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.66% over the week and 4.69% over the month.
Earnings per share for the fiscal year are expected to increase by 3.89%, and 15.13% over the next financial year.
Ladenburg Thalmann coverage for the Edison International (EIX) stock in a research note released on January 15, 2025 offered a Neutral rating with a price target of $56.50. Barclays was of a view on January 02, 2025 that the stock is Overweight, while Jefferies gave the stock Buy rating on November 07, 2024, issuing a price target of $93. BofA Securities on their part issued Buy rating on September 12, 2024.
