Edwards Lifesciences - EW Stock Forecast, Price & News

24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Edwards Lifesciences in the last twelve months. There are currently 5 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EW shares.
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24 brokers have issued 12-month price targets for Edwards Lifesciences' stock. Their EW share price forecasts range from $73.00 to $144.00. On average, they expect the company's share price to reach $106.75 in the next year. This suggests a possible upside of 37.6% from the stock's current price.
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Edwards Lifesciences' stock was trading at $129.55 at the beginning of 2022. Since then, EW stock has decreased by 40.1% and is now trading at $77.60.
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Edwards Lifesciences saw a increase in short interest in October. As of October 31st, there was short interest totaling 8,110,000 shares, an increase of 8.9% from the October 15th total of 7,450,000 shares. Based on an average daily volume of 3,730,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.3% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
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Edwards Lifesciences Co. (NYSE:EW) released its quarterly earnings results on Wednesday, October, 27th. The medical research company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.01. The medical research company earned $1.31 billion during the quarter, compared to analysts' expectations of $1.32 billion. Edwards Lifesciences had a net margin of 27.20% and a trailing twelve-month return on equity of 24.75%. The business's revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.51 earnings per share.
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Shares of Edwards Lifesciences split on Friday, May 29th 2020. The 3-1 split was announced on Thursday, May 7th 2020. The newly created shares were distributed 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.

Edwards Lifesciences issued an update on its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of $2.40-$2.50 for the period, compared to the consensus EPS estimate of $2.51. The company issued revenue guidance of $5.35 billion-$5.35 billion, compared to the consensus revenue estimate of $5.47 billion.

389 employees have rated Edwards Lifesciences Chief Executive Officer Michael A. Mussallem on Glassdoor.com. Michael A. Mussallem has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Edwards Lifesciences investors own include NVIDIA (NVDA), Alibaba Group (BABA), Home Depot (HD), Salesforce (CRM), Walt Disney (DIS), Visa (V), Johnson & Johnson (JNJ), QUALCOMM (QCOM), Micron Technology (MU) and CVS Health (CVS).

Edwards Lifesciences trades on the New York Stock Exchange (NYSE) under the ticker symbol "EW."

Edwards Lifesciences' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.48%), Vanguard Group Inc. (8.23%), State Street Corp (4.34%), Bank of New York Mellon Corp (3.28%), Alliancebernstein L.P. (2.78%) and Brown Advisory Inc. (2.30%). Insiders that own company stock include Bernard J Zovighian, Catherine M Szyman, Catherine M Szyman, Daveen Chopra, Donald E Bobo Jr, Heisz Leslie Stone, Huimin Wang, Jean-Luc M Lemercier, Kieran Gallahue, Larry L Wood, Martha H Marsh, Michael A Mussallem, Michael A Mussallem, Nicholas J Valeriani, Robert WA Sellers and Scott B Ullem.
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Shares of EW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EW stock can currently be purchased for approximately $77.60.

Edwards Lifesciences (NYSE:EW) has a market capitalization of $47.98 billion and generates $5.23 billion in revenue each year. The medical research company earns $1.50 billion in net income (profit) each year or $2.32 on an earnings per share basis.

The company employs 15,700 workers across the globe.

Edwards Lifesciences' mailing address is ONE EDWARDS WAY, IRVINE CA, 92614. The official website for the company is www.edwards.com. The medical research company can be reached via phone at (949) 250-2500, via email at investor_relations@edwards.com, or via fax at 949-250-2525.