January 9, 2025
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Incorporated in 1987, California-based Edison International (EIX) is the parent holding company of Southern California Edison (SCE) and Edison Energy.
EIX sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Utility - Electric Power industry's P/E of 16.1X, shares of Edison International are trading at a forward P/E of 12.1X. EIX also has a PEG Ratio of 1.4, a Price/Cash Flow ratio of 5.4X, and a Price/Sales ratio of 1.6X.
A company's earnings performance is important for value investors as well. For fiscal 2024, one analyst revised their earnings estimate higher in the last 60 days for EIX, while the Zacks Consensus Estimate has increased $0.00 to $4.95 per share. EIX also holds an average earnings surprise of 7.7%.
EIX should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Edison International (EIX) : Free Stock Analysis Report
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