In yesterday’s Wall Street session, Edison International (NYSE:EIX) shares traded at $57.28, down -1.73% from the previous session.
EIX stock price is now -26.91% away from the 50-day moving average and -27.00% away from the 200-day moving average. The market capitalization of the company currently stands at $22.18B.
On January 15, 2025, Ladenburg Thalmann Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock keeping its target price maintained at $56.50, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Bowman Erica S, VICE PRESIDENT sold 0 shares of the company’s stock on Nov 22 ’24. The stock was sold for $42 at an average price of $87.88. Upon completion of the transaction, the VICE PRESIDENT now directly owns 1,287 shares in the company, valued at $73719.36. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 15 ’24, Director Taylor Peter J. sold 1,250 shares of the business’s stock. A total of $104,100 was realized by selling the stock at an average price of $83.28. This leaves the insider owning 32,372 shares of the company worth $1.85 million. A total of 0.13% of the company’s stock is owned by insiders.
During the past 12 months, Edison International has had a low of $55.27 and a high of $88.77. As of last week, the company has a debt-to-equity ratio of 2.34, a current ratio of 0.88, and a quick ratio of 0.81. According to the stock market information, the enterprise value for the company is $62663966720, which is based on a 16.81 price-to-earnings ratio, a 2.76 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for EIX is $78.851 and a two-hundred day moving average price translates $78.5286 for the stock.
The latest earnings results from Edison International (NYSE: EIX) was released for 2024-09-30. The net profit margin was 7.63% and return on equity was 8.90% for EIX. The company reported revenue of $5.2 billion for the quarter, compared to $4.7 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.61 percent. For the current quarter, analysts expect EIX to generate $3.92B in revenue.
