Edison International (NYSE:EIX) Stock Rating Cut to “Moderate Sell” at Jefferies Financial Group

by · The Markets Daily

Edison International (NYSE:EIX – Get Free Report) was downgraded by equities researchers at Jefferies Financial Group from a “hold” rating to a “moderate sell” rating in a research note issued to investors on Friday, Zacks reports.

Several other research analysts also recently commented on the company. UBS Group reaffirmed a “neutral” rating and issued a $57.00 price target on shares of Edison International in a research report on Thursday, September 24th. JPMorgan Chase & Co. reduced their price objective on Edison International from $82.00 to $61.00 and set a “neutral” rating for the company in a research report on Wednesday, September 2nd. Morgan Stanley lowered their price objective on shares of Edison International from $65.00 to $60.00 and set an “underweight” rating on the stock in a research note on Friday, September 18th. Mizuho reiterated a “neutral” rating and set a $70.00 target price (down from $86.00) on shares of Edison International in a research note on Monday, August 31st. Finally, Bank of America downgraded shares of Edison International from a “buy” rating to a “neutral” rating and reduced their price target for the company from $81.00 to $51.00 in a report on Tuesday, September 1st. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Edison International currently has a consensus rating of “Reduce” and a consensus target price of $62.45.

Check Out Our Latest Stock Analysis on EIX

Edison International Trading Up 0.0%

Shares of NYSE:EIX opened at $53.81 on Friday. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The stock’s 50-day moving average is $63.89 and its 200-day moving average is $69.47. The company has a market cap of $20.71 billion, a P/E ratio of 5.55, a P/E/G ratio of 2.17 and a beta of 0.62. Edison International has a 52-week low of $51.10 and a 52-week high of $81.62.

Edison International (NYSE:EIX – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.18 by $0.36. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter in the previous year, the firm earned $0.97 EPS. The firm’s revenue was down 4.1% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. Equities research analysts predict that Edison International will post 6.13 earnings per share for the current year.

Institutional Trading of Edison International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. 10Elms LLP acquired a new position in Edison International in the fourth quarter worth about $26,000. Edmond DE Rothschild Holding S.A. acquired a new stake in Edison International during the second quarter valued at approximately $26,000. Groupe la Francaise bought a new stake in shares of Edison International in the 1st quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Edison International in the 2nd quarter valued at approximately $30,000. Finally, Bell Investment Advisors Inc acquired a new position in shares of Edison International in the 2nd quarter worth approximately $31,000. Institutional investors own 88.95% of the company’s stock.

Edison International Company Profile

(Get Free Report)

Edison International is a publicly owned holding company based in Rosemead, California. Its principal subsidiary, Southern California Edison (SCE), is an electric utility that generates, transmits, and distributes electricity across central, coastal, and Southern California.

SCE provides electric service to residential, commercial, industrial, and public-sector customers and manages a large transmission and distribution network. The utility is also involved in grid modernization, wildfire mitigation, renewable energy integration, energy efficiency, and the development of electric transportation infrastructure.

Edison International’s history is rooted in Southern California Edison, which traces its origins to the late 19th century.

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