Edwards Lifesciences (EW) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $74.92 to $75.49
• 50-Day Range: $65.75 to $75.38
• 52-Week Range: $58.93 to $96.12
• Volume: 387,968 shs
• Average Volume: 4.69 million shs
• Market Capitalization: $44.35 billion
• P/E Ratio: 10.85
• Dividend Yield: N/A
• Price Target: $79.40
• Consensus Rating: Hold

Edwards Lifesciences Stock Analysis - MarketRank™

Edwards Lifesciences scored higher than 75% of companies evaluated by MarketBeat, and ranked 264th out of 945 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Edwards Lifesciences has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 11 buy ratings, 15 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Edwards Lifesciences has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -4.30%

Earnings Growth

Earnings for Edwards Lifesciences are expected to decrease by -4.30% in the coming year, from $2.56 to $2.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Edwards Lifesciences is 10.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of Edwards Lifesciences is 10.88, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 87.38.

Price to Earnings Growth Ratio

Edwards Lifesciences has a PEG Ratio of 3.63. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Edwards Lifesciences has a P/B Ratio of 6.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.48% of the float of Edwards Lifesciences has been sold short.

Short Interest Ratio / Days to Cover

Edwards Lifesciences has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Edwards Lifesciences has recently increased by 24.89%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Edwards Lifesciences does not currently pay a dividend.

Dividend Growth

Edwards Lifesciences does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.0 / 5
• Environmental Score: -0.95

Percentage of Shares Shorted

1.48% of the float of Edwards Lifesciences has been sold short.

Short Interest Ratio / Days to Cover

Edwards Lifesciences has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Edwards Lifesciences has recently increased by 24.89%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.06

News Sentiment

Edwards Lifesciences has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Edwards Lifesciences this week, compared to 20 articles on an average week.

Search Interest

14 people have searched for EW on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

Only 10 people have added Edwards Lifesciences to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Edwards Lifesciences insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,508,350.00 in company stock.

Percentage Held by Insiders

Only 1.27% of the stock of Edwards Lifesciences is held by insiders.

Percentage Held by Institutions

79.46% of the stock of Edwards Lifesciences is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EW Stock Analysis - Frequently Asked Questions

How have EW shares performed this year?

Edwards Lifesciences' stock was trading at $76.25 at the beginning of 2024. Since then, EW stock has decreased by 1.1% and is now trading at $75.38.
View the best growth stocks for 2024 here.

How were Edwards Lifesciences' earnings last quarter?

Edwards Lifesciences Co. (NYSE:EW) issued its earnings results on Thursday, October, 24th. The medical research company reported $0.67 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.67. The firm's revenue for the quarter was up 8.9% on a year-over-year basis.
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 payable 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.

Does Edwards Lifesciences have any subsidiaries?

Edwards Lifesciences subsidiaries include 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 Wellington Management Group LLP (5.35%), State Street Corp (4.45%), Geode Capital Management LLC (2.29%) and Fisher Asset Management LLC (1.54%). 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 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 Comcast (CMCSA), Chevron (CVX), Bristol-Myers Squibb (BMY), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Toronto-Dominion Bank (TD).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 12/26/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Surgical appliances & supplies
• Sub-Industry: Health Care Equipment
• Current Symbol: NYSE:EW
• CUSIP: 28176E10
• CIK: 1099800
• Web: www.edwards.com
• Phone: (949) 250-2500
• Fax: 949-250-2525
• Employees: 19,800
• Year Founded: 1958

Price Target and Rating

• Average Stock Price Target: $79.40
• High Stock Price Target: $105.00
• Low Stock Price Target: $68.00
• Potential Upside/Downside: +5.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 26 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.93
• Trailing P/E Ratio: 10.85
• Forward P/E Ratio: 29.38
• P/E Growth: 3.63
• Net Income: $1.40 billion
• Net Margins: 70.82%
• Pretax Margin: 29.55%
• Return on Equity: 20.76%
• Return on Assets: 15.27%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 3.46
• Quick Ratio: 2.89

Sales & Book Value

• Annual Sales: $6.31 billion
• Price / Sales: 7.02
• Cash Flow: $2.82 per share
• Price / Cash Flow: 26.71
• Book Value: $11.08 per share
• Price / Book: 6.79

Miscellaneous

• Outstanding Shares: 589,800,000
• Free Float: 582,192,000
• Market Cap: $44.35 billion
• Optionable: Optionable
• Beta: 1.12