Rotating into Defensives? Discover Financial Services (DFS), Edison International (EIX)

The shares of Discover Financial Services (NYSE:DFS) went up during the trading session by $0.64 on Friday, trading at $79.99. At the moment, the company has a debt-to-equity ratio of 2.54. The stock has a 52-week low of $60.14 while its 52-weeks high is $81.93. The total market cap for the stock is $27.19B while it has a PE ratio of 10.69, its price-to-earnings-growth ratio reads 2.66 while it has a beta of 1.49.

DFS has flown up as the subject of gossips for a number of analysts. Analysts at Stephens Upgrade the shares of Discover Financial Services from Underweight to Equal-Weight when they released a research note on April 9th, 2018. Citigroup analysts Initiated the shares of Discover Financial Services to Neutral in a research note they presented on April 5th, 2018, but they now have set a price target of $78. Analysts at Evercore ISI Downgrade the shares of Discover Financial Services from Outperform to In-line when they released a research note on January 25th, 2018, but they now have set a price target of $70, which is a decrease from the previous $78.

The current market cap of Edison International is valued at $22.29B. The value there would make it reasonable for the investors to decide the dimensions of Edison International not at all like the standard sales or statistics of their aggregate resources.

Taking a look at the current stock price for Edison International (NYSE:EIX), we could notice that the shares are trading close to the $67.82 level. Financial specialists have a propensity for following stock value levels in connection to their 52-week high and low levels. The 52-week high of the stock is currently $83.38 while its 52-weeks low stands at $57.63.

The performance of Edison International (NYSE:EIX), so far this year is at +5.12%. The performance of the stock over the past seven days has increased by 0.04%, over the past one-month price index is 0.59% while over the last three months is +12.68%. Its six months performance has been +10.38% while for the past 52 weeks is +8.10%.

Notwithstanding that, the passion for the stock has increased, which sees an increase in its trading volume by 110.632% above its longer-run average levels. This information shouldn’t be overlooked due to the greatly float size in the stock of 325.64M shares.

Trading at the moment with a market cap of $22.29B, EIX has a significant cash 99 million on their books, which will have to be weighed and compared to their $4.92 billion in total current liabilities. EIX is raking in trailing 12 months revenue which is around 2.82 billion. Notwithstanding that, the firm is seeing a foremost top-line progress, with their year-over-year quarterly revenue decreasing by -5.10%.