Stock To Watch: Edison International (NYSE:EIX)


The leading market experts have placed a mean price target of $79.24 on Edison International (NYSE:EIX) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.92 a share for the upcoming quarter and $3.89 for the current fiscal. Technical View The technical analysis of Edison International Common Sto plainly substantiates that the 50-day moving average of Edison International Common Sto is $76.16, and stock is hovering 0.81 or +1.07% distant from $76.16. It is noted that the 200-day MA is $70.10, and Edison International Common Sto stock is $6.87 or +9.80% off from this point. Edison International (NYSE:EIX) 52-week high is $78.72 and the 52-week low is $56.68. This explains if the stock moves $-1.75, it will post a 52-week high. In event of $+35.80% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Edison International Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Edison International (NYSE:EIX) ratio came in at 28.54. The stock last ended the trading session at $76.97 and registered a market cap of $25.08B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Edison International (NYSE:EIX) PEG ratio is at 7.80.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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