EIX stock: buy or sell?

EIX stock price: $72.74 0.15% At close on September 20th, 2019

Updated on:
September 20th, 2019

4

Shares of Edison International closed today at $72.74 and remained steady a neutral 0.15%. Counting Friday, it's been 4 climbing sessions in a row, gaining $1.26 or 1.75%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is EIX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-4Barclaysn/aEqual Weight
2019-9-20UBS Groupn/aBuy
2019-9-18Citigroupn/aBuy
2019-8-16Morgan Stanleyn/aEqual Weight
2019-8-12SunTrust Banksn/aBuy
2019-6-4UBS GroupNeutralBuy
2019-6-25Mizuhon/aBuy
2019-6-20Barclaysn/aHold
2019-6-14Morgan Stanleyn/aEqual Weight
2019-6-10Mizuhon/aBuy
2019-5-29Wells Fargo & Con/aMarket Perform
2019-5-16Morgan Stanleyn/aEqual Weight
2019-5-14Barclaysn/aEqual Weight
2019-4-15Wells Fargo & CoMarket PerformMarket Perform
2019-4-15SunTrust BanksBuyPositive

EIX stock analysis

Daily outlook

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%).

EIX stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $75.70

Nobody 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:
EIX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-4BarclaysRaises Target$72.00$73.001.4%
2019-9-20UBS GroupRaises Target$77.00$81.005.2%
2019-9-18CitigroupReiterates$78.00$81.003.8%
2019-8-16Morgan StanleyRaises Target$70.00$72.002.9%
2019-8-12SunTrust BanksRaises Target$80.00$81.001.3%
2019-6-4UBS GroupUpgrades$67.00$72.007.5%
2019-6-25MizuhoRaises Target$75.00$76.001.3%
2019-6-20BarclaysReiteratesn/a$67.00-
2019-6-14Morgan StanleyRaises Target$84.00$87.003.6%
2019-6-10MizuhoRaises Target$72.00$75.004.2%
2019-5-29Wells Fargo & CoReiterates$75.00$70.00-6.7%
2019-5-16Morgan StanleyRaises Target$83.00$84.001.2%
2019-5-14BarclaysLowers Target$70.00$65.00-7.1%
2019-4-15Wells Fargo & CoRaises Target$65.00$75.0015.4%
2019-4-15SunTrust BanksRaises Targetn/a$77.00-
(in average)$74.50$75.702.0%
Moving in a range from $87.00 and $65.00, the price forecast for Edison International stock is $75.70.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
EIX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.89n/a
2017-Q32017-10-301.331.437.5%
2017-Q42018-02-220.931.118.3%
2018-Q12018-05-010.90.8-11.1%
2018-Q22018-07-260.820.842.4%
2018-Q32018-10-301.311.5619.1%
2018-Q42019-02-2810.94-6.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

EIX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$12,580 M-$879 M7.0%-
2014$13,413 M6.62%$1,612 M12.0%83.39%
2015$11,524 M-14.08%$1,020 M8.9%-36.72%
2016$11,869 M2.99%$1,311 M11.0%28.53%
2017$12,320 M3.80%$565 M4.6%-56.90%
2018$12,657 M2.74%$-423.00 M-3.3%-174.87%

Quarterly financial results

Edison 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%.
EIX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,970 M-$278.00 M9.4%-
2017-Q3$3,670 M23.57%$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 M9.79%$276.00 M9.8%26.61%
2018-Q3$4,269 M51.65%$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 ownership

When 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:

EIXAEPAVAFEHE
Market cap$26.0 B$46.0 B$3.1 B$25.6 B$4.8 B
Total shares358.1 M493.8 M66.1 M540.0 M109.0 M
Float shares325.3 M493.2 M65.5 M530.2 M107.7 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 selling0.0%0.0%0.0%0.0%0.0%

EIX summary

Friday, September 20th, 2019
Open$72.55
Close$72.74
Day range$71.68 - $72.93
Previous close$72.63
Session gain0.15%
Average true range$1.35
50d mov avg$72.11
100d mov avg$67.03
200d mov avg$63.06
Daily patternlt01a
Weekly pattern lb03a

Edison International performance

To 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:
Stock3m6m12m
EIX12.22%14.57%10.60%
AEPAmerican Electric...2.52%11.13%34.86%
AVAAvista7.26%18.91%-2.38%
FEFirstEnergy9.35%15.40%33.19%
HEHawaiian Electric...1.81%10.97%29.79%
PCGPacific Gas & Ele...-49.39%-40.16%-75.17%
PNM-0.70%9.37%33.13%
PNWPinnacle West Cap...0.33%2.07%25.21%
PORPortland General ...1.89%9.38%26.38%
SRE2.29%14.44%27.25%
XELXcel Energy5.09%14.10%39.18%

Edison International competitors

One 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.

Latest EIX stock news