January 10, 2025
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
Incorporated in 1987, California-based Edison International (EIX) is the parent holding company of Southern California Edison (SCE) and Edison Energy.
EIX boasts a Growth Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 4% year-over-year for 2024, while Wall Street anticipates its top line to improve by 5.8%.
One analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $4.95 per share for 2024. EIX boasts an average earnings surprise of 7.7%.
On a historic basis, Edison International has generated cash flow growth of 8.6%, and is expected to report cash flow expansion of 3% this year.
Investors should take the time to consider EIX for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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Edison International (EIX) : Free Stock Analysis Report
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