Edwards Lifesciences Corp (EW) concluded trading on Wednesday at a closing price of $70.90, with 5.2 million shares of worth about $368.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.22% during that period and on Wednesday the price saw a gain of about 0.80%. Currently the company’s common shares owned by public are about 588.60M shares, out of which, 576.41M shares are available for trading.
Stock saw a price change of 3.49% in past 5 days and over the past one month there was a price change of -6.30%. Year-to-date (YTD), EW shares are showing a performance of -4.23% which decreased to -23.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.93 but also hit the highest price of $96.12 during that period. The average intraday trading volume for Edwards Lifesciences Corp shares is 4.65 million. The stock is currently trading -0.10% below its 20-day simple moving average (SMA20), while that difference is down -0.93% for SMA50 and it goes to -3.07% lower than SMA200.
Edwards Lifesciences Corp (NYSE: EW) currently have 588.60M outstanding shares and institutions hold larger chunk of about 87.17% of that.
The stock has a current market capitalization of $41.68B and its 3Y-monthly beta is at 1.17. PE ratio of stock for trailing 12 months is 29.75, while it has posted earnings per share of $2.38 in the same period. Its PEG reads 3.58 and has Quick Ratio of 3.45 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EW, volatility over the week remained 2.39% while standing at 2.45% over the month.
Stock’s fiscal year EPS is expected to rise by 0.96% while it is estimated to increase by 12.09% in next year. EPS is likely to grow at an annualized rate of 8.32% for next 5-years, compared to annual growth of 7.29% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on January 30, 2025 offering a Buy rating for the stock and assigned a target price range of between $75 and $90 to it. Coverage by Wolfe Research stated Edwards Lifesciences Corp (EW) stock as an Underperform in their note to investors on January 16, 2025, suggesting a price target of $60 for the stock. On December 16, 2024, BofA Securities Upgrade their recommendations, while on October 11, 2024, Morgan Stanley Resumed their ratings for the stock with a price target of $70. Stock get a Hold rating from Jefferies on September 18, 2024.
