Edison International (NYSE:EIX) went up by 6.83% from its latest closing price when compared to the 1-year high value of $78.93 and move down -46.66%, while EIX stocks collected +9.75% of gains with the last five trading sessions. Press Release reported 5 hours ago that Edison International Donates $1 Million to Support Those Impacted by COVID-19
Edison International (NYSE:EIX) Worth an Investment?
Edison International (NYSE: EIX) scored price to earnings ratio above its average ratio, recording 14.19 times of increase in earnings at the present.
EIX Market Performance
EIX stocks went up by 9.75% for the week, with the monthly drop of -28.32% and a quarterly performance of -28.06%, while its annual performance rate touched -17.29%. The simple moving average for the period of the last 20 days is -9.19% for EIX stocks with the simple moving average of -23.61% for the last 200 days.
Analysts’ Opinion on Edison International (NYSE:EIX)
Many brokerage firms have already submitted their reports for EIX stocks, with Vertical Research repeating the rating for EIX shares by setting it to “Buy”. The predicted price for EIX socks in the upcoming period according to Vertical Research is $87 based on the research report published on February 25, 2020.
UBS, on the other hand, stated in their research note that they expect to see EIX stock at the price of $72, previously predicting the value of $67. The rating they have provided for EIX stocks is “Buy” according to the report published on June 4, 2019.
Wolfe Research gave “ Outperform” rating to EIX stocks, setting the target price at $72 in the report published on May 6, 2019.
EIX Stocks -22.92% Far from 50 Day Moving Average
After a stumble in the market that brought EIX to its low price for the period of the last 52 weeks, Edison International was unable to take a rebound, for now settling with -31.81% of loss for the given period.
The stock volatility was left at 8.45%, however, within the period of a single month, the volatility rate increased by 10.97%, while the shares sank at the distance of -27.57% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -28.59% lower at the present time.
In the course of the last 5 trading sessions, EIX went up by +9.75%, which changed the moving average for the period of 200 days to the total of -11.58% of losses for the stock in comparison to the 20-day moving average settled at $58.24. In addition, Edison International saw -28.63% in overturn over the period of a single year with a tendency to cut further losses.
EIX Stock Fundamentals
The current profitability levels are settled at +17.89 for the present operating margin and +22.35 for gross margin. The net margin for Edison International stands at +10.40. Equity return holds the value 10.80%, with 2.10% for asset returns.