AltC Acquisition (NYSE:ALCC) vs. Edison International (NYSE:EIX) Head to Head Review

AltC Acquisition (NYSE:ALCC) and Edison International (NYSE:EIX) are both oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, earnings, profitability and risk.

Volatility and Risk

AltC Acquisition has a beta of -0.06, meaning that its share price is 106% less volatile than the S&P 500. Comparatively, Edison International has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500.

Earnings & Valuation

This table compares AltC Acquisition and Edison International”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AltC Acquisition	N/A	N/A	$11.87 million	N/A	N/A
Edison International	$16.34 billion	1.93	$1.41 billion	$3.41	23.89

Edison International has higher revenue and earnings than AltC Acquisition.

Institutional & Insider Ownership

85.0% of AltC Acquisition shares are held by institutional investors. Comparatively, 89.0% of Edison International shares are held by institutional investors. 21.8% of AltC Acquisition shares are held by company insiders. Comparatively, 1.2% of Edison International shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares AltC Acquisition and Edison International’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AltC Acquisition	N/A	-85.44%	2.50%
Edison International	8.52%	13.17%	2.55%

Analyst Ratings

This is a breakdown of recent recommendations for AltC Acquisition and Edison International, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AltC Acquisition	0	0	0	0	0.00
Edison International	1	3	8	0	2.58

Edison International has a consensus price target of $88.75, suggesting a potential upside of 8.94%. Given Edison International’s stronger consensus rating and higher probable upside, analysts clearly believe Edison International is more favorable than AltC Acquisition.

Summary

Edison International beats AltC Acquisition on 10 of the 11 factors compared between the two stocks.

About AltC Acquisition

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

About Edison International

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations. The company was founded in 1886 and is based in Rosemead, California.