EIX stock: buy or sell?
September 20th, 2019
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States.
Should I buy EIX stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Edison International stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Edison International stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 15 ratings published for EIX stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-16||Morgan Stanley||n/a||Equal Weight|
|2019-6-14||Morgan Stanley||n/a||Equal Weight|
|2019-5-29||Wells Fargo & Co||n/a||Market Perform|
|2019-5-16||Morgan Stanley||n/a||Equal Weight|
|2019-4-15||Wells Fargo & Co||Market Perform||Market Perform|
EIX stock analysis
Edison International shares remained steady 0.15% to $72.74 today.
Edison International shares remained constant 0.15% to $72.74 today. Since SMA100d and SMA200d crossed up on June, EIX price climbed $12.61 per share (20.97%). Since June when EIX stock price broke up the SMA200d line, it gained $12.61 (20.97%).
Shares of Edison International closed this week at $72.74 and gained a slightly good 1.13%.
EIX marked an uptrend of rising tops and rising bottoms. Since its last top early August at $75.39, price slid and bounced up back from $70.30. Breaking down under $70.30 would cancel the current uptrend and it might test lower supports. Note that $75.39 might act as a resistance line. By mid June EIX price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since early June when SMA20w and SMA40w crossed up, EIX price gained $13.91 per share (23.64%).
EIX stock price history
EIX stock historical price chart
EIX stock reached 52-week highs on August/9 at $75.39, and all-time highs 2017-11-15 with a price of 77.95.
EIX stock price target is $75.70Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 15 price targets for EIX stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-20||UBS Group||Raises Target||$77.00||$81.00||5.2%|
|2019-8-16||Morgan Stanley||Raises Target||$70.00||$72.00||2.9%|
|2019-8-12||SunTrust Banks||Raises Target||$80.00||$81.00||1.3%|
|2019-6-14||Morgan Stanley||Raises Target||$84.00||$87.00||3.6%|
|2019-5-29||Wells Fargo & Co||Reiterates||$75.00||$70.00||-6.7%|
|2019-5-16||Morgan Stanley||Raises Target||$83.00||$84.00||1.2%|
|2019-4-15||Wells Fargo & Co||Raises Target||$65.00||$75.00||15.4%|
|2019-4-15||SunTrust Banks||Raises Target||n/a||$77.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Edison International didn't meet the forecasts of the analysts and posted a lame EPS of $0.94 per share when experts were expecting $1.00.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a slightly fine increase of 2.74% to $12,657.00 M USD. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) dropped a -7.93% to -3.34%.
|2013||$12,580 M||-||$879 M7.0%||-|
|2014||$13,413 M||6.62%||$1,612 M12.0%||83.39%|
|2015||$11,524 M||-14.08%||$1,020 M8.9%||-36.72%|
|2016||$11,869 M||2.99%||$1,311 M11.0%||28.53%|
|2017||$12,320 M||3.80%||$565 M4.6%||-56.90%|
|2018||$12,657 M||2.74%||$-423.00 M-3.3%||-174.87%|
Quarterly financial resultsEdison International reported $3,009.00 million in sales for 2018-Q4, a -29.52% decline compared to previous quarter. Reported quarter earnings marked $-1,430.00 million with a profit margin of -47.52%. Profit margin plummed a -59.54% compared to previous quarter when profit margin was 12.02%. When comparing revenues to same quarter last year, Edison International sales marked a fateful correction and slipped a -6.55%.
|2017-Q2||$2,970 M||-||$278.00 M9.4%||-|
|2017-Q3||$3,670 M||23.57%||$470.00 M12.8%||69.06%|
|2017-Q4||$3,220 M||-12.26%||$-545.00 M-16.9%||-215.96%|
|2018-Q1||$2,564 M||-20.37%||$218.00 M8.5%||-140.00%|
|2018-Q2||$2,815 M||9.79%||$276.00 M9.8%||26.61%|
|2018-Q3||$4,269 M||51.65%||$513.00 M12.0%||85.87%|
|2018-Q4||$3,009 M||-29.52%||$-1,430.00 M-47.5%||-378.75%|
|2019-Q1||$2,824 M||-6.15%||$278.00 M9.8%||-119.44%|
Edison International ownershipWhen you are planning to invest in shares of a company, it's always worth to review its ownership structure.
Edison International shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.06% of all shares.
Bearish positions for EIX stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$26.0 B||$46.0 B||$3.1 B||$25.6 B||$4.8 B|
|Total shares||358.1 M||493.8 M||66.1 M||540.0 M||109.0 M|
|Float shares||325.3 M||493.2 M||65.5 M||530.2 M||107.7 M|
|- Institutional holdings (%)||89.5%||75.8%||78.1%||0.0%||53.5%|
|- Insider holdings (%)||0.1%||0.0%||1.0%||4.2%||1.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$71.68 - $72.93|
|Average true range||$1.35|
|50d mov avg||$72.11|
|100d mov avg||$67.03|
|200d mov avg||$63.06|
Edison International performanceTo better understand Edison International performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Edison International against American Electric Power, Avista, FirstEnergy, Hawaiian Electric Industries, Pacific Gas & Electric, , Pinnacle West Capital, Portland General Electric, and Xcel Energy in the following table:
|PCGPacific Gas & Ele...||-49.39%||-40.16%||-75.17%|
|PNWPinnacle West Cap...||0.33%||2.07%||25.21%|
|PORPortland General ...||1.89%||9.38%||26.38%|
Edison International competitorsOne check before investing in any stock is to have a look a list of its competitors, in this case for Edison International. We selected 10 companies as Edison International competitors as they are in the same industry or have similar market objectives.
- American Electric Power (AEP)
- Avista (AVA)
- FirstEnergy (FE)
- Hawaiian Electric Industries (HE)
- Pacific Gas & Electric (PCG)
- Pinnacle West Capital (PNW)
- Portland General Electric (POR)
- Xcel Energy (XEL)
Latest EIX stock news
- InvestorPlace3 Big Stock Charts for Monday: Lowe’s, Netflix and Edison InternationalJuly 15, 2019
- InvestorPlace3 Big Stock Charts for Thursday: Viacom, Franklin Resources and Edison InternationalMarch 14, 2019