Fundamentals for Edison International
EIX's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective...
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Electric
Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers through its electrical infrastructure to an approximately 50,000 square-mile area of southern, central, and coastal California. It serves residential, commercial, industrial, public authorities, agricultural, street lighting, and other sectors. The company's distribution network consists of approximately 13,000 circuit-miles of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and approximately 38,000 circuit-miles of overhead lines, approximately 32,000 circuit-miles of underground lines, and approximately 730 distribution substations. Edison International was founded in 1886 and is based in Rosemead, California.
Revenue projections:
Financial Ratios:
| currentRatio | 0.66200 |
|---|---|
| forwardPE | 8.28799 |
| debtToEquity | 228.04200 |
| earningsGrowth | 0.55100 |
| revenueGrowth | -0.04100 |
| grossMargins | 0.61005 |
| operatingMargins | 0.26899 |
| trailingEps | 9.69000 |
| forwardEps | 6.50218 |
With a current ratio of 0.662, EIX may face challenges covering its short-term liabilities using available cash and assets. This points to potential liquidity concerns, as the company might need to seek alternative financing to meet its near-term debt obligations.
EIX's high debt-to-equity ratio indicates that the company is using more debt than equity to fund its operations. This high leverage could expose the company to greater financial risk, especially during periods of declining profitability.
With positive gross and operating margins, EIX demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
EIX's forward EPS is lower than its trailing EPS, indicating that the company is expected to be less profitable this year. This suggests a potential slowdown in financial performance.
Price projections:
Insider Transactions:
6 transactions to sell EIX occurred, with market price at 67.90034993489583.The period under consideration saw no sell transactions.EIX has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.
Recommendation changes over time:
Analysts have shown a sell bias toward Edison International, recommending caution for investors. To make sound decisions, it's important to consider a broader base of market indicators, providing a fuller picture of Edison International's outlook and avoiding overreliance on one specific viewpoint.