Steward Partners Investment Advisory LLC bought a new position in shares of Edison International in the third quarter worth $557,000. The utilities provider reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.03. EIX has also 1.39 million shares volume. Edison International (NYSE:EIX) has declined 21.55% since April 20, 2017 and is downtrending. EIX underperformed by 33.10% the S&P 500. The company has a quick ratio of 0.49, a current ratio of 0.53 and a debt-to-equity ratio of 0.84. The stock had a trading volume of 2,137,338 shares. Canadian Pac Ry Ltd now has $24.85B valuation.
A stock with a ratio of under 1.0 would be undervalued and a stock with a PEG over 1.0 would be considered over valued. South32 Limited (LON:S32) has 0.00% since April 22, 2017 and is.
Investors sentiment increased to 1.25 in 2017 Q4. The The Finish Line, Inc. exchanged hands with 1186559 shares compared to its average daily volume of 1.81M shares.
Edison International (NYSE:EIX) now has an average analyst recommendation of 2.3 according to analysts on Wall Street. 71 funds opened positions while 192 raised stakes. Cutter & Co Brokerage invested in 5,870 shares. Magellan Asset Mngmt Limited, Australia-based fund reported 215,435 shares. Investors holded 259.99 million in 2017Q3 but now own 258.17 million shares or 0.70% less. 683,990 are held by First Trust Advsrs L P. Jarislowsky Fraser invested in 0% or 6,200 shares. Stevens Cap Mgmt Lp has invested 0.07% in Edison International (NYSE:EIX).
Edison International, (NYSE: EIX), showed a change of 1.19% and closed at $65.22 in the last trading session. They expect $0.95 earnings per share, down 13.64% or $0.15 from last year's $1.1 per share. Cullen Mngmt owns 0.14% invested in Edison International (NYSE:EIX) for 62,470 shares. Canada Pension Plan Board holds 0.13% or 1.07 million shares in its portfolio. Thirteen research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Therefore 31% are positive. According to Wilder, any number above 70 should be considered overbought and any number below 30 should be considered oversold. (NYSE:TGI) on Wednesday, April 18 with "Hold" rating. Argus Research maintained Edison International (NYSE:EIX) rating on Monday, August 3. Mizuho maintained Edison International (NYSE:EIX) on Friday, October 6 with "Buy" rating. The stock of Canadian Pacific Railway Limited (NYSE:CP) has "Hold" rating given on Thursday, April 21 by Desjardins Securities. The stock of Edison International (NYSE:EIX) has "Neutral" rating given on Thursday, October 29 by Citigroup. The count of Hold ratings in that period was 10. As per Monday, April 16, the company rating was maintained by Morgan Stanley. On Sunday, September 17 the stock rating was maintained by RBC Capital Markets with "Buy". On Tuesday, December 5 the rating was maintained by SunTrust with "Buy". On Tuesday, December 5 the company was maintained by SunTrust.
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The firm had revenue of $3.22 billion for the quarter, compared to analysts' expectations of $2.98 billion. The firm generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. P/E ratio is noted at 24.44. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities through transmission and distribution networks. Pacer Advisors Inc. increased its stake in Edison International by 10.6% during the 3rd quarter. (NYSE:TGI). Bridgeway Cap Management owns 0.04% invested in Triumph Group, Inc. Hologic Inc (NASDAQ:HOLX) was raised too. 3,670 shares were sold by SILVESTRI JOSEPH, worth $102,585 on Thursday, March 8. Therefore 71% are positive. During the same quarter in the prior year, the business posted $1.02 EPS. Edison International presently has a consensus rating of "Hold" and a consensus target price of $77.00. High growth rates in EPS are more reliable in the case of "matured companies" which has experienced a complete economic cycle of expansion and contraction, through a bear market phase and a bull run.
VOLATILITY FACTOR: The stock remained 3.17% volatile in recent week and indicated 3.99% volatility in last month. Beta used in the capital asset pricing model (CAPM), which determine the expected return of an asset based on its beta and look ahead to market returns. The company was maintained on Friday, February 2 by Robert W. Baird. Morgan Stanley maintained the shares of K in report on Friday, February 9 with "Equal-Weight" rating. Market capitalization is just a fancy declare for a comprehensible concept: it is the market value of a company's outstanding shares. That's down 13.64 % from last year's $1.1 EPS. EIX's profit will be $309.50M for 16.92 P/E if the $0.95 EPS becomes a reality.