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In a challenging market environment, Edison International (NYSE:EIX) stock has recorded a new 52-week low, touching down at $49.01. According to InvestingPro data, the company trades at an attractive P/E ratio of 7.1x and offers a substantial 6.2% dividend yield, which it has maintained for 22 consecutive years. This latest price level reflects a significant downturn for the utility company, which has seen its shares tumble by 33.36% over the past year. Investors have been cautious as the energy sector faces regulatory hurdles and economic headwinds, contributing to the bearish sentiment surrounding EIX stock. InvestingPro analysis indicates the stock is currently undervalued, with 4 analysts recently revising their earnings expectations upward for the upcoming period. The 52-week low marks a critical juncture for Edison International as it navigates through a period of volatility and seeks to reassure shareholders of its long-term stability and growth prospects. Discover 8 additional exclusive InvestingPro Tips and comprehensive financial analysis in our Pro Research Report, helping you make informed investment decisions.
In other recent news, Edison International reported its Q1 2025 earnings, revealing an earnings per share (EPS) of $1.37, which fell short of the analyst forecast of $1.41. The company’s revenue also missed expectations, coming in at $3.81 billion against a forecast of $4.4 billion. Additionally, Fitch Ratings placed Edison International and Southern California Edison on Rating Watch Negative due to ongoing wildfire risks and potential liabilities related to the Eaton (NYSE:ETN) Fire. UBS maintained a Buy rating on Edison stock with a $65 target, citing advancements in wildfire mitigation efforts and potential legislative changes that could impact liability caps. Evercore ISI raised its price target for Edison International shares to $61 from $56, maintaining an Outperform rating and highlighting the company’s positive outlook on enhanced wildfire legislation. The California Public Utilities Commission approved a settlement allowing Southern California Edison to recover about $1.6 billion of costs related to previous wildfire incidents. Edison International continues to focus on infrastructure improvements and regulatory engagement, reaffirming its long-term EPS growth expectation of 5-7% from 2025 to 2028.
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