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EPS for Kinaxis Inc. (KXS) Expected At $0.28; Grantham Mayo Van Otterloo & Co Cut Its Edison Intl (EIX) Stake

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Analysts expect Kinaxis Inc. (TSE:KXS) to report $0.28 EPS on May, 2 after the close.They anticipate $0.02 EPS change or 6.67% from last quarter’s $0.3 EPS. T_KXS’s profit would be $7.18 million giving it 73.90 P/E if the $0.28 EPS is correct. After having $0.27 EPS previously, Kinaxis Inc.’s analysts see 3.70% EPS growth. It closed at $82.77 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Grantham Mayo Van Otterloo & Co Llc decreased Edison Intl (EIX) stake by 27.23% reported in 2017Q4 SEC filing. Grantham Mayo Van Otterloo & Co Llc sold 39,100 shares as Edison Intl (EIX)’s stock declined 3.19%. The Grantham Mayo Van Otterloo & Co Llc holds 104,500 shares with $6.61M value, down from 143,600 last quarter. Edison Intl now has $20.97B valuation. The stock decreased 0.12% or $0.075 during the last trading session, reaching $64.375. About 147,502 shares traded. Edison International (NYSE:EIX) has declined 21.55% since April 17, 2017 and is downtrending. It has underperformed by 33.10% the S&P500.

Grantham Mayo Van Otterloo & Co Llc increased Dana Incorporated (NYSE:DAN) stake by 33,200 shares to 228,700 valued at $7.32 million in 2017Q4. It also upped Pra Health Sciences Inc stake by 4,100 shares and now owns 8,200 shares. Te Connectivity Ltd (NYSE:TEL) was raised too.

Investors sentiment increased to 1.25 in Q4 2017. Its up 0.10, from 1.15 in 2017Q3. It improved, as 54 investors sold EIX shares while 157 reduced holdings. 71 funds opened positions while 192 raised stakes. 258.17 million shares or 0.70% less from 259.99 million shares in 2017Q3 were reported. Moreover, Highbridge Management Ltd Com has 0.26% invested in Edison International (NYSE:EIX) for 233,337 shares. Assetmark holds 82,750 shares or 0.05% of its portfolio. Capital One National Association reported 0.04% in Edison International (NYSE:EIX). First Midwest Bancshares Tru Division reported 10,758 shares. Lpl Ltd Llc invested 0.01% of its portfolio in Edison International (NYSE:EIX). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment has 39,700 shares for 0.02% of their portfolio. First Allied Advisory Services stated it has 5,513 shares or 0.01% of all its holdings. Jfs Wealth Advsr Ltd Liability Corp invested in 300 shares or 0% of the stock. Boston Prtn invested 0.08% of its portfolio in Edison International (NYSE:EIX). Denver Limited Liability Co holds 0.14% of its portfolio in Edison International (NYSE:EIX) for 43,460 shares. Pennsylvania-based Vantage Invest Advsr Ltd Liability Com has invested 0.16% in Edison International (NYSE:EIX). Highstreet Asset Management holds 118 shares. Gabelli Funds Ltd Llc reported 704,000 shares stake. Axa, France-based fund reported 77,460 shares. Colony Group Limited Liability reported 49,901 shares.

Analysts await Edison International (NYSE:EIX) to report earnings on May, 1 after the close. They expect $0.95 EPS, down 13.64% or $0.15 from last year’s $1.1 per share. EIX’s profit will be $309.52M for 16.94 P/E if the $0.95 EPS becomes a reality. After $1.10 actual EPS reported by Edison International for the previous quarter, Wall Street now forecasts -13.64% negative EPS growth.

Among 20 analysts covering Edison (NYSE:EIX), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Edison had 71 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Friday, January 22 by Barclays Capital. The firm has “Neutral” rating given on Wednesday, October 28 by Guggenheim. The stock of Edison International (NYSE:EIX) earned “Hold” rating by Jefferies on Monday, June 12. The stock of Edison International (NYSE:EIX) earned “Neutral” rating by Mizuho on Wednesday, December 6. The stock of Edison International (NYSE:EIX) earned “Buy” rating by Mizuho on Friday, October 6. As per Tuesday, January 2, the company rating was maintained by Guggenheim. Goldman Sachs downgraded the shares of EIX in report on Friday, April 1 to “Neutral” rating. As per Wednesday, February 24, the company rating was maintained by Mizuho. The rating was maintained by Morgan Stanley on Thursday, August 10 with “Equal-Weight”. The stock has “Buy” rating by RBC Capital Markets on Thursday, December 21.

Among 9 analysts covering Kinaxis Inc (TSE:KXS), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Kinaxis Inc had 38 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, June 17 by Scotia Capital. The stock of Kinaxis Inc. (TSE:KXS) earned “Buy” rating by TD Securities on Monday, May 1. Scotia Capital maintained it with “Sector Perform” rating and $63 target in Friday, November 4 report. The stock of Kinaxis Inc. (TSE:KXS) earned “Sector Perform” rating by Scotia Capital on Wednesday, March 1. The rating was upgraded by National Bank Canada to “Outperform” on Friday, August 7. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, November 18 report. The firm earned “Sector Perform” rating on Friday, November 18 by Scotia Capital. BMO Capital Markets maintained it with “Outperform” rating and $74 target in Monday, October 17 report. The stock of Kinaxis Inc. (TSE:KXS) has “Outperform” rating given on Monday, October 31 by RBC Capital Markets. The rating was downgraded by IBC on Thursday, August 17 to “Neutral”.

Kinaxis Inc. provides cloud-based software for supply chain operations. The company has market cap of $2.12 billion. The firm offers RapidResponse, which provides supply chain planning and analytics capabilities for managing various supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment, and capacity planning. It has a 107.49 P/E ratio. It also offers professional services, such as implementation, technical, and training services, as well as maintenance and support services to its software products.

Edison International (NYSE:EIX) Institutional Positions Chart

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