Edwards Lifesciences Corp (EW) went down -1.07% yesterday: Is this the Most Sought-After Stock Today?

As on Wednesday, Edwards Lifesciences Corp (NYSE: EW) started slowly as it slid -1.07% to $68.63, before settling in for the price of $69.37 at the close. Taking a more long-term approach, EW posted a 52-week range of $58.93-$96.12.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Healthcare sector firm’s twelve-monthly sales growth has been 10.28% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 15.35%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.88%. This publicly-traded company’s shares outstanding now amounts to $601.10 million, simultaneously with a float of $591.62 million. The organization now has a market capitalization sitting at $41.34 billion. At the time of writing, stock’s 50-day Moving Average stood at $68.07, while the 200-day Moving Average is $80.54.

Edwards Lifesciences Corp (EW) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Edwards Lifesciences Corp’s current insider ownership accounts for 1.79%, in contrast to 85.65% institutional ownership. According to the most recent insider trade that took place on Oct 15 ’24, this organization’s CVP,Strategy/Corp Development sold 5,000 shares at the rate of 69.51, making the entire transaction reach 347,534 in total value, affecting insider ownership by 46,936. Preceding that transaction, on Sep 11 ’24, Company’s CVP,Strategy/Corp Development sold 5,000 for 66.77, making the whole transaction’s value amount to 333,826. This particular insider is now the holder of 46,936 in total.

Edwards Lifesciences Corp (EW) Earnings and Revenue Records

Edwards Lifesciences Corp’s EPS increase for this current 12-month fiscal period is 2.88% and is forecasted to reach 2.47 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.00% through the next 5 years, which can be compared against the 15.35% growth it accomplished over the previous five years trading on the market.

Edwards Lifesciences Corp (NYSE: EW) Trading Performance Indicators

Let’s observe the current performance indicators for Edwards Lifesciences Corp (EW). It’s Quick Ratio in the last reported quarter now stands at 2.87. The Stock has managed to achieve an average true range (ATR) of 2.17. Alongside those numbers, its PE Ratio stands at $9.90, and its Beta score is 1.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.04. Similarly, its price to free cash flow for trailing twelve months is now 72.30.

In the same vein, EW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.93, a figure that is expected to reach 0.55 in the next quarter, and analysts are predicting that it will be 2.47 at the market close of one year from today.

Technical Analysis of Edwards Lifesciences Corp (EW)

Through scrutinizing the latest numbers posted by the [Edwards Lifesciences Corp, EW], it can be observed that its last 5-days Average volume of 7.65 million was better the volume of 4.64 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 39.51% While, its Average True Range was 2.35.

Raw Stochastic average of Edwards Lifesciences Corp (EW) in the period of the previous 100 days is set at 26.71%, which indicates a major fall in contrast to 41.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.22% that was lower than 64.93% volatility it exhibited in the past 100-days period.