Zacks Research Downgrades Edison International (NYSE:EIX) to Hold

Edison International (NYSE:EIXGet Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports. Zacks Research also issued estimates for Edison International’s Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $2.47 EPS, FY2026 earnings at $6.22 EPS, Q1 2027 earnings at $1.53 EPS and Q2 2027 earnings at $0.78 EPS.

Other equities analysts have also issued reports about the stock. LADENBURG THALM/SH SH raised their target price on shares of Edison International from $52.50 to $55.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Jefferies Financial Group lifted their price target on Edison International from $57.00 to $59.00 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. Morgan Stanley reissued an “underweight” rating and set a $59.00 target price on shares of Edison International in a research note on Tuesday. JPMorgan Chase & Co. reduced their price target on shares of Edison International from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Finally, Wells Fargo & Company raised shares of Edison International to a “hold” rating in a research note on Tuesday, October 28th. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $63.70.

Check Out Our Latest Stock Analysis on EIX

Edison International Trading Up 0.7%

Shares of Edison International stock opened at $58.74 on Monday. The company has a market capitalization of $22.60 billion, a price-to-earnings ratio of 7.68, a P/E/G ratio of 0.89 and a beta of 0.83. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.82 and a quick ratio of 0.76. Edison International has a 1 year low of $47.73 and a 1 year high of $81.02. The business has a fifty day simple moving average of $57.13 and a two-hundred day simple moving average of $54.70.

Edison International (NYSE:EIXGet Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $2.34 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.18. Edison International had a return on equity of 13.62% and a net margin of 17.24%.The firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.31 billion. During the same period in the prior year, the firm posted $1.51 EPS. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. Edison International has set its FY 2025 guidance at 5.950-6.200 EPS. Research analysts forecast that Edison International will post 4.95 EPS for the current year.

Insiders Place Their Bets

In other news, Director Peter J. Taylor sold 1,800 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $55.27, for a total value of $99,486.00. Following the transaction, the director directly owned 35,212 shares of the company’s stock, valued at $1,946,167.24. The trade was a 4.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kentucky Trust Co lifted its holdings in shares of Edison International by 66.7% in the 2nd quarter. Kentucky Trust Co now owns 500 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Activest Wealth Management increased its position in shares of Edison International by 677.8% during the third quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 488 shares in the last quarter. American National Bank & Trust bought a new stake in shares of Edison International during the second quarter worth about $32,000. CVA Family Office LLC lifted its position in Edison International by 113.7% in the 3rd quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 307 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in Edison International by 5,064.3% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 723 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 709 shares in the last quarter. 88.95% of the stock is owned by institutional investors.

Edison International Company Profile

(Get Free Report)

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.

See Also

Analyst Recommendations for Edison International (NYSE:EIX)

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