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Edwards Lifesciences (EW) Stock Price, News & Analysis

$66.81
+0.79 (+1.20%)
(As of 09/6/2024 ET)
Today's Range
$65.47
â–Ľ
$67.04
50-Day Range
$59.70
â–Ľ
$93.78
52-Week Range
$58.93
â–Ľ
$96.12
Volume
8.17 million shs
Average Volume
4.18 million shs
Market Capitalization
$40.26 billion
P/E Ratio
28.80
Dividend Yield
N/A
Price Target
$82.10

Edwards Lifesciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.52 Rating Score
Upside/​Downside
22.9% Upside
$82.10 Price Target
Short Interest
Healthy
1.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.95
Upright™ Environmental Score
News Sentiment
0.55mentions of Edwards Lifesciences in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.32 M Sold Last Quarter
Proj. Earnings Growth
3.33%
From $2.70 to $2.79 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.30 out of 5 stars

Medical Sector

102nd out of 910 stocks

Surgical Appliances & Supplies Industry

6th out of 18 stocks

EW stock logo

About Edwards Lifesciences Stock (NYSE:EW)

Edwards Lifesciences Corporation provides products and technologies for structural heart disease and critical care monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL PRECISION and Cardioband names. The company also provides surgical structural heart solutions, such as aortic surgical valve under the INSPIRIS name; INSPIRIS RESILLA aortic valve, which offers RESILIA tissue and VFit technology; KONECT RESILIA, a pre-assembled tissue valves conduit for complex combined procedures; and MITRIS RESILIA valve. In addition, it offers critical care solutions, including hemodynamic monitoring systems to measure a patient's heart function and fluid status in surgical and intensive care settings under the FloTrac, Acumen IQ sensors, ClearSight, Acumen IQ cuffs, and ForeSight names; HemoSphere, a monitoring platform that displays physiological information; and Acumen Hypotension Prediction Index software that alerts clinicians in advance of a patient developing dangerously low blood pressure. The company distributes its products through a direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.

EW Stock Price History

EW Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Wells Fargo Sticks to Its Buy Rating for Edwards Lifesciences (EW)
Edwards Lifesciences Completes Sale of Critical Care
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical appliances & supplies
Sub-Industry
Health Care Equipment
CUSIP
28176E10
Employees
19,800
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$82.10
High Stock Price Target
$106.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+22.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.52
Research Coverage
25 Analysts

Profitability

Net Income
$1.40 billion
Pretax Margin
28.68%

Debt

Sales & Book Value

Annual Sales
$6.20 billion
Cash Flow
$2.64 per share
Book Value
$12.46 per share

Miscellaneous

Free Float
594,826,000
Market Cap
$40.26 billion
Optionable
Optionable
Beta
1.11

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Should I Buy Edwards Lifesciences Stock? EW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Edwards Lifesciences Co.:

  • Edwards Lifesciences reported a 6.7% increase in revenue on a year-over-year basis, indicating growth potential.
  • Analysts expect Edwards Lifesciences to post 2.71 earnings per share for the current year, showing positive earnings outlook.
  • Recent trading activity showed Edwards Lifesciences stock trading up 2.3%, potentially signaling investor confidence.
  • Several hedge funds have increased their holdings in Edwards Lifesciences, suggesting institutional investor interest.
  • Analysts have given a consensus rating of "Moderate Buy" with a target price of $82.10, indicating positive sentiment towards the stock.

Cons

Investors should be bearish about investing in Edwards Lifesciences Co. for these reasons:

  • Multiple analysts have lowered their price targets for Edwards Lifesciences stock, potentially indicating concerns about future performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Edwards Lifesciences pros and cons to contact@marketbeat.com.

EW Stock Analysis - Frequently Asked Questions

How have EW shares performed this year?

Edwards Lifesciences' stock was trading at $76.25 on January 1st, 2024. Since then, EW stock has decreased by 12.4% and is now trading at $66.81.
View the best growth stocks for 2024 here
.

How were Edwards Lifesciences' earnings last quarter?

Edwards Lifesciences Co. (NYSE:EW) issued its quarterly earnings results on Wednesday, July, 24th. The medical research company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.01. The business's revenue was up 6.7% compared to the same quarter last year.
Read the conference call transcript
.

When did Edwards Lifesciences' stock split?

Edwards Lifesciences shares split on the morning of Friday, May 29th 2020. The 3-1 split was announced on Thursday, May 7th 2020. The newly issued shares were issued to shareholders after the closing bell on Monday, May 18th 2020. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Michael A. Mussallem's approval rating as Edwards Lifesciences' CEO?

389 employees have rated Edwards Lifesciences Chief Executive Officer Michael A. Mussallem on Glassdoor.com. Michael A. Mussallem has an approval rating of 90% among the company's employees.

Does Edwards Lifesciences have any subsidiaries?

Edwards Lifesciences subsidiaries include these companies: CAS Medical Systems, Harpoon Medical, Valtech Cardio, CardiAQ Valve Technologies, BMEYE, Embrella Cardiovascular, Myocor, and more.

Who are Edwards Lifesciences' major shareholders?

Top institutional shareholders of Edwards Lifesciences include Bank of New York Mellon Corp (3.28%), Legal & General Group Plc (0.89%), AustralianSuper Pty Ltd (0.46%) and American Century Companies Inc. (0.35%). Insiders that own company stock include Larry L Wood, Jean-Luc M Lemercier, Bernard J Zovighian, Kieran Gallahue, Donald E Bobo Jr, Catherine M Szyman, Scott B Ullem, Daveen Chopra, Heisz Leslie Stone, Martha H Marsh, Daniel J Lippis, Robert WA Sellers, Michael A Mussallem, Nicholas J Valeriani and Huimin Wang.
View institutional ownership trends
.

How do I buy shares of Edwards Lifesciences?

Shares of EW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Edwards Lifesciences own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Edwards Lifesciences investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Salesforce (CRM), Walt Disney (DIS), Visa (V) and Johnson & Johnson (JNJ).

This page (NYSE:EW) was last updated on 9/7/2024 by MarketBeat.com Staff

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