Edison International Stock News

Edison International (NYSE:EIX) had its target price upped by Morgan Stanley from $57.00 to $61.00 in a research note issued to investors on Tuesday morning, Analyst Price Targets reports. They currently have an equal weight rating on the utilities providers stock. Separately, Wells Fargo & Company reduced their price objective on shares of Edison International []

Edison International (NYSE:EIX) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 5,770,000 shares, a decrease of 17.8% from the November 15th total of 7,020,000 shares. Based on an average trading volume of 2,040,000 shares, the days-to-cover ratio is currently []

Edison International (EIX) shares closed today at 1.7% below its 52 week high of $68.37, giving the company a market cap of $25B. The stock is currently up 10.6% year-to-date, up 12.3% over the past 12 months, and up 11.8% over the past five years. This week, the Dow Jones Industrial Average fell 2.0%, and the S&P 500 fell 2.1%. Trading Activity Trading volume this week was 27.7% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.5. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 33.8% The company's stock price performance over the past 12 months beats the peer average by 38.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 201.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Bank of America Corp DE raised its holdings in Edison International (NYSE:EIX) by 14.1% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,039,571 shares of the utilities providers stock after buying an additional 375,474 shares during the period. Bank of America Corp DE [] The post Bank of America Corp DE Raises Position in Edison International (NYSE:EIX) appeared first on ETF Daily News .

Intrua Financial LLC purchased a new stake in shares of Edison International (NYSE:EIX) in the third quarter, HoldingsChannel reports. The institutional investor purchased 9,636 shares of the utilities providers stock, valued at approximately $599,000. Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC increased its []

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Wall Street brokerages expect Edison International (NYSE:EIX) to post $3.24 billion in sales for the current quarter, according to Zacks. Two analysts have made estimates for Edison International’s earnings, with the lowest sales estimate coming in at $3.21 billion and the highest estimate coming in at $3.26 billion. Edison International reported sales of $3.16 billion […]

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