Investing in Edison International May Prove Challenging at a Low Cost

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Investing in Edison International ($NYSE:EIX) may prove to be a challenging endeavor at a low cost. This is due to the fact that the company’s stock prices can be on the higher end of the spectrum compared to its peers and competitors. As a result, it may be difficult for investors to find Edison International shares at a price point that is reasonable enough for them to purchase. The company is one of the largest investor-owned energy utilities in the United States and provides electricity as well as natural gas and renewable energy services.

Edison International is also the parent company of Southern California Edison, a public utility that operates in the state of California. The company has a long history of providing reliable and affordable energy services to its customers and has shown strong financial performance. As a result, Edison International has become an attractive investment choice for many investors.

Price History

On Friday, the stock opened at $69.3 and closed at $69.5, representing a 0.9% increase from the prior closing price of $68.9. Despite this, Edison International has continued to deliver strong financial performance and its outlook remains solid. Investors should be aware that investing in Edison International may be costly and should consider other alternatives available to them before investing. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Edison International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Edison International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Edison International. More…

Key Ratios Snapshot

Some of the financial key ratios for Edison International are shown below. More…

Analysis

As an analysis of EDISON INTERNATIONAL‘s wellbeing, GoodWhale performed a Star Chart analysis. This analysis classified EDISON INTERNATIONAL as a ‘rhino’; a type of company that we concluded has achieved moderate revenue or earnings growth. We believe that these types of companies may be of interest to investors who value dividend, but are more cautious when it comes to growth, profitability and asset. Furthermore, by considering their cashflows and debts, EDISON INTERNATIONAL has an intermediate health score of 4 out of 10. This indicates that EDISON INTERNATIONAL could be able to safely ride out any crisis without the risk of bankruptcy. More…

Peers

Edison International is one of the largest investor-owned electric utilities in the United States and is one of the largest electric utility companies in the world. Its subsidiaries include Southern California Edison and Edison Mission Energy. It is headquartered in Rosemead, California. Its competitors include CMS Energy Corp, Genie Energy Ltd, OGE Energy Corp.

– CMS Energy Corp ($NYSE:CMS)

CMS Energy Corporation is an energy company operating primarily in the state of Michigan. The company has two main subsidiaries: Consumers Energy, an electric and gas utility company; and CMS Enterprises, an energy marketing and trading company. CMS Energy is headquartered in Jackson, Michigan.

As of 2022, CMS Energy Corporation had a market capitalization of 16.14 billion dollars and a return on equity of 12.15%. The company’s main business is providing energy through its two subsidiaries, Consumers Energy and CMS Enterprises. Consumers Energy is an electric and gas utility company, providing service to over 6 million customers in the state of Michigan. CMS Enterprises is an energy marketing and trading company, providing energy services to customers in the United States and Canada.

– Genie Energy Ltd ($NYSE:GNE)

Genie Energy Ltd. engages in the provision of electricity and natural gas, as well as oil and gas exploration and production. The company operates through the following segments: Retail Energy, Oil and Gas, and Other. The Retail Energy segment provides electricity and natural gas to residential, commercial, and industrial customers in the United States. The Oil and Gas segment focuses on the exploration and production of oil and gas. The Other segment includes corporate overhead and other investments. Genie Energy was founded on March 28, 2001 and is headquartered in Newark, NJ.

– OGE Energy Corp ($NYSE:OGE)

DOE Energy Corp is an energy company that focuses on the development and production of natural gas and oil. The company operates in two segments: Exploration and Production, and Marketing and Trading. The Exploration and Production segment engages in the exploration, development, and production of natural gas and oil properties. The Marketing and Trading segment engages in the marketing and trading of natural gas and oil.

Summary

Investing in Edison International is not a low-cost option. The company is one of the leading utilities in the U.S., operating in several states, providing electricity and energy solutions. Analysis of the company’s financial statement reveals a healthy overall performance with consistent growth in revenue and earnings over the past few years.

Despite the positive outlook, investors should be aware of the risks associated with investing in Edison International, such as the potential for regulation changes, competitive threats, and the volatility of electricity prices. Furthermore, potential investors should conduct their own due diligence to assess if the investment is suitable for their investment goals.