Edison International, the parent company of Southern California Edison, has been seeing a mix of positive and negative news recently.
Disruption from the California wildfires has raised concerns over potential material losses while
Citi has mentioned a slightly negative impact on the company from an updated fire disclosure. However, Edison International's
Q1 results are solid, beating EPS expectations by 272%. Their consistently strong performance led to raised price targets from multiple firms including
Barclays and Goldman Sachs. Edison International also announced a dividend yield attracting investors' attention due to its robust nature. The company has also received an average recommendation of
'Moderate Buy' from brokerages. However, there have been multiple reports about potential
shareholder activism and lawsuits over various issues, such as executive compensation and alleged securities fraud. An analyst suggests that
the stock is undervalued and has potential for upside growth. Nevertheless, isn't insulated from market pressures, specifically related to its ongoing fire investigation update.
Edison International EIX News Analytics from Wed, 15 Jan 2025 08:00:00 GMT to Sat, 03 May 2025 10:41:27 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 2
