(EIX) Edison International - Ratings and Ratios

Edison International, a holding company headquartered in Rosemead, California, operates primarily through its subsidiary, Southern California Edison (SCE), to generate and distribute electric power. Established in 1886, the company serves a diverse customer base across approximately 50,000 square miles of southern California, catering to residential, commercial, industrial, and agricultural sectors, as well as public authorities. SCEs infrastructure includes over 13,000 circuit-miles of transmission lines ranging from 55 kV to 500 kV, supported by 80 transmission substations. Additionally, the distribution network comprises 38,000 circuit-miles of overhead lines, 32,000 circuit-miles of underground lines, and 730 distribution substations.

Edison International is committed to advancing renewable energy sources and grid modernization, aligning with Californias clean energy goals. SCE has been actively involved in regulatory filings aimed at enhancing grid resilience and integrating renewable resources. The companys efforts include expanding battery storage solutions and upgrading infrastructure to meet increasing demand for reliable power.

3-Month Forecast: - Based on the technical data, Edison Internationals stock (EIX) is anticipated to experience a decline in the short term. The last price of $55.81 is below the 20-day SMA of $56.42, indicating potential bearish momentum. The 50-day SMA at $54.62 suggests that the stock might find support around this level. However, the 200-day SMA at $71.35 indicates a downward trend from the longer-term perspective. The ATR of 1.91 signals moderate volatility. - From a fundamental standpoint, with a market cap of $21,999.85M and a P/E ratio of 16.95, Edison International is trading at a premium compared to its forward P/E of 9.29. This discrepancy may indicate a revaluation in the coming months, potentially leading to a price correction. The P/B ratio of 1.55 and P/S ratio of 1.23 suggest the stock is fairly valued, but the RoE of 9.62% indicates moderate profitability. - Combining these factors, the stock is expected to trade sideways to down over the next three months, with potential support around $54 and resistance near $57. Investors should monitor the companys progress in renewable energy integration and infrastructure upgrades for potential catalysts.