A new trading day began on Friday, with Edwards Lifesciences Corp (NYSE: EW) stock price up 2.42% from the previous day of trading, before settling in for the closing price of $66.16. EW’s price has ranged from $58.93 to $96.12 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 10.28% over the past five years. Meanwhile, its annual earnings per share averaged 2.50%. With a float of $579.78 million, this company’s outstanding shares have now reached $601.10 million.
Let’s look at the performance matrix of the company that is accounted for 19800 employees. In terms of profitability, gross margin is 77.85%, operating margin of 27.19%, and the pretax margin is 27.59%.
Edwards Lifesciences Corp (EW) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Edwards Lifesciences Corp is 1.79%, while institutional ownership is 84.42%. The most recent insider transaction that took place on Nov 13 ’24, was worth 327,843. In this transaction CVP,Strategy/Corp Development of this company sold 5,000 shares at a rate of $65.57, taking the stock ownership to the 46,936 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Officer proposed sale 15,000 for $65.57, making the entire transaction worth $983,529.
Edwards Lifesciences Corp (EW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 2.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 15.35% growth over the previous five years of trading.
Edwards Lifesciences Corp (NYSE: EW) Trading Performance Indicators
Here are Edwards Lifesciences Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.97. Likewise, its price to free cash flow for the trailing twelve months is 79.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.93, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of Edwards Lifesciences Corp (EW)
Edwards Lifesciences Corp (NYSE: EW) saw its 5-day average volume 5.18 million, a positive change from its year-to-date volume of 4.64 million. As of the previous 9 days, the stock’s Stochastic %D was 55.53%. Additionally, its Average True Range was 1.90.
During the past 100 days, Edwards Lifesciences Corp’s (EW) raw stochastic average was set at 24.31%, which indicates a significant decrease from 46.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.52% in the past 14 days, which was lower than the 64.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.44, while its 200-day Moving Average is $80.04. Nevertheless, the first resistance level for the watch stands at $68.62 in the near term. At $69.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $71.14. If the price goes on to break the first support level at $66.10, it is likely to go to the next support level at $64.45. Assuming the price breaks the second support level, the third support level stands at $63.58.
Edwards Lifesciences Corp (NYSE: EW) Key Stats
With a market capitalization of 40.93 billion, the company has a total of 589,800K Shares Outstanding. Currently, annual sales are 6,005 M while annual income is 1,402 M. The company’s previous quarter sales were 1,354 M while its latest quarter income was 3,071 M.