The stock of Edwards Lifesciences Corp (NYSE:EW) last traded at $70.95, up 0.07% from the previous session.
EW stock price is now -0.79% away from the 50-day moving average and -2.89% away from the 200-day moving average. The market capitalization of the company currently stands at $41.71B.
With the price target enhanced from $75 to $90, Stifel Upgraded its rating from Hold to Buy for Edwards Lifesciences Corp (NYSE: EW). On January 16, 2025, Wolfe Research Downgraded its previous ‘Peer Perform’ rating to ‘Underperform’ on the stock keeping its target price maintained at $60, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, BOBO DONALD E JR, CVP,Strategy/Corp Development sold 9,500 shares of the company’s stock on Mar 13 ’25. The stock was sold for $645,624 at an average price of $67.96. Upon completion of the transaction, the CVP,Strategy/Corp Development now directly owns 46,936 shares in the company, valued at $3.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, CEO Zovighian Bernard J sold 6,164 shares of the business’s stock. A total of $428,448 was realized by selling the stock at an average price of $69.51. This leaves the insider owning 59,083 shares of the company worth $4.19 million. A total of 1.95% of the company’s stock is owned by insiders.
During the past 12 months, Edwards Lifesciences Corp has had a low of $58.93 and a high of $96.12. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 4.18, and a quick ratio of 3.45. According to the stock market information, the enterprise value for the company is $38500106240, which is based on a 29.77 price-to-earnings ratio, a 3.58 price-to-earnings-growth ratio, and a beta of 1.17. The fifty day moving average price for EW is $71.514 and a two-hundred day moving average price translates $73.0636 for the stock.
The latest earnings results from Edwards Lifesciences Corp (NYSE: EW) was released for 2024-12-31. The net profit margin was 24.95% and return on equity was 17.17% for EW. The company reported revenue of $1.1 billion for the quarter, compared to $1.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.85 percent.
