Edison International (NYSE:EIX) shares traded -0.11% lower at $54.00 on Wall Street last session.
EIX stock price is now -28.14% away from the 50-day moving average and -30.83% away from the 200-day moving average. The market capitalization of the company currently stands at $20.91B.
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 $69498.0. 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 $1.75 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 $53.52 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 $61394112512, which is based on a 15.85 price-to-earnings ratio, a 1.89 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for EIX is $75.1508 and a two-hundred day moving average price translates $78.0646 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.
