Edison International Stock Net Income
| EIX Stock | USD 68.13 0.09 0.13% |
Edison International fundamentals help investors to digest information that contributes to Edison International's financial success or failures. It also enables traders to predict the movement of Edison Stock. The fundamental analysis module provides a way to measure Edison International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Edison International stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.4 B | 951.6 M | |
| Net Income Applicable To Common Shares | 550.8 M | 759.3 M | |
| Net Income From Continuing Ops | 1.4 B | 1 B | |
| Net Income Per Share | 3.67 | 3.86 | |
| Net Income Per E B T | 0.93 | 0.74 |
Edison | Net Income |
Edison International Company Net Income Analysis
Edison International's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Edison International Net Income | 1.41 B |
Most of Edison International's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Edison International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Edison Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Edison International is extremely important. It helps to project a fair market value of Edison Stock properly, considering its historical fundamentals such as Net Income. Since Edison International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Edison International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Edison International's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Edison Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Edison International reported net income of 1.41 B. This is much higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is 146.42% lower than that of the firm.
Edison Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Edison International's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Edison International could also be used in its relative valuation, which is a method of valuing Edison International by comparing valuation metrics of similar companies.Edison International is currently under evaluation in net income category among related companies.
Edison International ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Edison International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Edison International's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Edison International Institutional Holders
Institutional Holdings refers to the ownership stake in Edison International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Edison International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Edison International's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 5.7 M | Jpmorgan Chase & Co | 2023-12-31 | 5.7 M | Deutsche Bank Ag | 2023-12-31 | 5.6 M | Legal & General Group Plc | 2023-12-31 | 5.5 M | Atlas Infrastructure Partners (uk) Ltd | 2023-12-31 | 5.5 M | Massachusetts Financial Services Company | 2023-12-31 | 5.3 M | Northern Trust Corp | 2023-12-31 | 4.2 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 4.1 M | Amvescap Plc. | 2023-12-31 | 3.7 M | Vanguard Group Inc | 2023-12-31 | 46.7 M | Blackrock Inc | 2023-12-31 | 36.7 M |
Edison Fundamentals
| Return On Equity | 0.0675 | ||||
| Return On Asset | 0.0282 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 65.28 B | ||||
| Shares Outstanding | 384.68 M | ||||
| Shares Owned By Insiders | 0.17 % | ||||
| Shares Owned By Institutions | 91.70 % | ||||
| Number Of Shares Shorted | 6.67 M | ||||
| Price To Earning | 29.72 X | ||||
| Price To Book | 1.91 X | ||||
| Price To Sales | 1.62 X | ||||
| Revenue | 16.34 B | ||||
| Gross Profit | 9.41 B | ||||
| EBITDA | 5.7 B | ||||
| Net Income | 1.41 B | ||||
| Cash And Equivalents | 914 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 35.31 B | ||||
| Debt To Equity | 1.76 % | ||||
| Current Ratio | 0.61 X | ||||
| Book Value Per Share | 36.02 X | ||||
| Cash Flow From Operations | 3.4 B | ||||
| Short Ratio | 3.79 X | ||||
| Earnings Per Share | 3.11 X | ||||
| Price To Earnings To Growth | 0.73 X | ||||
| Target Price | 75.16 | ||||
| Number Of Employees | 13 K | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 26.21 B | ||||
| Total Asset | 81.76 B | ||||
| Retained Earnings | 7.5 B | ||||
| Working Capital | (1.79 B) | ||||
| Current Asset | 2.65 B | ||||
| Current Liabilities | 4.93 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.02 % | ||||
| Net Asset | 81.76 B | ||||
| Last Dividend Paid | 2.99 |
About Edison International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Edison International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edison International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edison International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Edison International Investors Sentiment
The influence of Edison International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Edison. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Edison International's public news can be used to forecast risks associated with an investment in Edison. The trend in average sentiment can be used to explain how an investor holding Edison can time the market purely based on public headlines and social activities around Edison International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Edison International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Edison International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Edison International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Edison International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Edison International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Edison International's short interest history, or implied volatility extrapolated from Edison International options trading.
Pair Trading with Edison International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edison International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edison International will appreciate offsetting losses from the drop in the long position's value.Moving together with Edison Stock
| 0.87 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.62 | ED | Consolidated Edison Financial Report 2nd of May 2024 | PairCorr |
| 0.65 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
| 0.64 | FE | FirstEnergy Earnings Call This Week | PairCorr |
Moving against Edison Stock
| 0.63 | HE | Hawaiian Electric Buyout Trend | PairCorr |
The ability to find closely correlated positions to Edison International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edison International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edison International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edison International to buy it.
The correlation of Edison International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edison International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edison International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edison International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Edison International Piotroski F Score and Edison International Altman Z Score analysis. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Edison Stock analysis
When running Edison International's price analysis, check to measure Edison International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edison International. If investors know Edison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edison International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2.993 | Earnings Share 3.11 | Revenue Per Share 42.658 | Quarterly Revenue Growth (0.08) |
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edison International's market value can be influenced by many factors that don't directly affect Edison International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.