Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients in the United States and internationally. It offers transcatheter heart valve therapy products comprising transcatheter aortic heart valves and related delivery systems for the nonsurgical replacement of heart valves. The company also provides surgical heart valve therapy products, such as pericardial valves for aortic and mitral surgical valve replacement; aortic heart valves; annuloplasty rings and the beating-heart mitral repair systems; and cardiac cannula devices, as well as various procedure-enabling platforms to advance minimally invasive surgery. In addition, it offers critical care products, such as hemodynamic monitoring systems to measure a patient's heart function in surgical and intensive care settings; pulmonary artery catheters; Oximetry Central Venous catheters, as well as clinical monitoring platforms that display a patient's physiological status; and disposable pressure monitoring devices and closed blood sampling systems to protect patients and clinicians from infection. The company distributes its products through direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1999 and is headquartered in Irvine, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNYSE:EW
Previous Symbol
CUSIP28176E10
Phone949-250-2500
Debt
Debt-to-Equity Ratio0.18
Current Ratio2.31
Quick Ratio1.85
Price-To-Earnings
Trailing P/E Ratio41.37
Forward P/E Ratio33.45
P/E Growth2.07
Sales & Book Value
Annual Sales$3.44 billion
Price / Sales9.57
Cash Flow$4.2604 per share
Price / Cash Flow36.90
Book Value$13.97 per share
Price / Book11.25
Profitability
EPS (Most Recent Fiscal Year)$3.80
Net Income$583.60 million
Net Margins20.67%
Return on Equity30.11%
Return on Assets16.54%
Miscellaneous
Employees12,200
Outstanding Shares209,050,000
Market Cap$32.86 billion
OptionableOptionable
Edwards Lifesciences (NYSE:EW) Frequently Asked Questions
What is Edwards Lifesciences' stock symbol?
Edwards Lifesciences trades on the New York Stock Exchange (NYSE) under the ticker symbol "EW."
When did Edwards Lifesciences' stock split? How did Edwards Lifesciences' stock split work?
Edwards Lifesciences's stock split on the morning of Monday, December 14th 2015. The 2-1 split was announced on Thursday, November 19th 2015. The newly minted shares were distributed to shareholders after the closing bell on Friday, December 11th 2015. An investor that had 100 shares of Edwards Lifesciences stock prior to the split would have 200 shares after the split.
How will Edwards Lifesciences' stock buyback program work?
Edwards Lifesciences declared that its Board of Directors has initiated a stock repurchase program on Thursday, December 7th 2017, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its stock is undervalued.
How were Edwards Lifesciences' earnings last quarter?
Edwards Lifesciences Corp (NYSE:EW) released its quarterly earnings results on Tuesday, October, 23rd. The medical research company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The medical research company earned $906.60 million during the quarter, compared to the consensus estimate of $927.56 million. Edwards Lifesciences had a net margin of 20.67% and a return on equity of 30.11%. Edwards Lifesciences's revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the company earned $0.84 EPS. View Edwards Lifesciences' Earnings History.
When is Edwards Lifesciences' next earnings date?
What guidance has Edwards Lifesciences issued on next quarter's earnings?
Edwards Lifesciences updated its FY19 earnings guidance on Thursday, December, 6th. The company provided EPS guidance of $5.05-5.30 for the period, compared to the Thomson Reuters consensus estimate of $5.19. The company issued revenue guidance of $3.9-4.3 billion, compared to the consensus revenue estimate of $4.16 billion.Edwards Lifesciences also updated its FY18 guidance to $4.60-4.75 EPS.
What price target have analysts set for EW?
20 brokerages have issued 12-month price targets for Edwards Lifesciences' shares. Their forecasts range from $118.00 to $200.00. On average, they anticipate Edwards Lifesciences' stock price to reach $161.6842 in the next year. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Edwards Lifesciences.
What is the consensus analysts' recommendation for Edwards Lifesciences?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edwards Lifesciences in the last year. There are currently 2 sell ratings, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Edwards Lifesciences.
What are Wall Street analysts saying about Edwards Lifesciences stock?
Here are some recent quotes from research analysts about Edwards Lifesciences stock:
- 1. According to Zacks Investment Research, "Edwards Lifesciences exited the third quarter on a mixed note with earnings ahead of the Zacks Consensus Estimate and revenues lagging the same. Strong transcatheter valve sales in the domestic and overseas markets are a major positive. The company also registered strong sales within its Critical Care division banking on which it has raised Critical Care guidance. Further, management is upbeat about CMS opening a National Coverage Analysis to reconsider the National Coverage Determination released in 2012 for transcatheter aortic valve replacement. On the flip side, management expects underlying sales growth in THVT for 2018 to remain at around 12.5% because of limited contribution from Cardioband and a newly-revised rollout strategy for SAPIEN 3 Ultra. Also, tough competition in the cardiac devices market and reimbursement issues continue to raise concern. Overall, in the past three months, Edwards Lifesciences underperformed its industry." (10/25/2018)
- 2. Northland Securities analysts commented, "We analyze data on MitraClip + GDMT in HFpEF / HFrEF + FMR, & impact on existing clinical trials in both transcatheter mitral repair / replacement programs. There are a ton of unknowns, however, it is likely that: 1) Edwards PASCAL trial will need to be redesigned with MitraClip as the control (even though the trial is in DMR; Medtronic’ APOLLO trial, especially in HFrEF might" not need MitraClip as the comparator). 2) COAPT results are not applicable in real-world setting. Key Points We confess, we don’t have access to raw data in COAPT, hence it is impossible to make definitive arguments." (10/11/2018)
Has Edwards Lifesciences been receiving favorable news coverage?
News coverage about EW stock has been trending somewhat positive on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Edwards Lifesciences earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news coverage about the medical research company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days.
Are investors shorting Edwards Lifesciences?
Edwards Lifesciences saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 5,041,929 shares, an increase of 95.5% from the October 15th total of 2,579,216 shares. Based on an average daily trading volume, of 2,324,350 shares, the short-interest ratio is currently 2.2 days. Currently, 2.4% of the company's stock are short sold. View Edwards Lifesciences' Current Options Chain.
Who are some of Edwards Lifesciences' key competitors?
Some companies that are related to Edwards Lifesciences include Intuitive Surgical (ISRG), Zimmer Biomet (ZBH), COLOPLAST A/S/ADR (CLPBY), Align Technology (ALGN), Smith & Nephew (SNN), Steris (STE), WILLIAM DEMANT/ADR (WILYY), MSA Safety (MSA), Wright Medical Group (WMGI), Inogen (INGN), Avanos Medical (AVNS), Establishment Labs (ESTA), Sientra (SIEN), RTI Surgical (RTIX) and Invacare (IVC).
Who are Edwards Lifesciences' key executives?
Edwards Lifesciences' management team includes the folowing people:
- Mr. Michael A. Mussallem, Chairman & CEO (Age 65)
- Mr. Scott B. Ullem, Corp. VP & CFO (Age 51)
- Mr. Donald E. Bobo Jr., Corp. VP of Strategy & Corp. Devel. (Age 56)
- Mr. Larry L. Wood, Corp. VP of Transcatheter Heart Valve (Age 52)
- Ms. Catherine M. Szyman, Corp. VP of Critical Care (Age 51)
Who are Edwards Lifesciences' major shareholders?
Edwards Lifesciences' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.28%), BlackRock Inc. (7.32%), Bank of New York Mellon Corp (3.50%), FMR LLC (2.81%), Alliancebernstein L.P. (2.25%) and Brown Advisory Inc. (1.89%). Company insiders that own Edwards Lifesciences stock include Bernard J Zovighian, Catherine M Szyman, Donald E Bobo Jr, Donald E Bobo, Jr, Dylan Sidoo, Huimin Wang, Jean-Luc M Lemercier, Kieran Gallahue, Larry L Wood, Michael A Mussallem, Patrick B Verguet, Robert WA Sellers, Schack Wesley W Von, Scott B Ullem and William J Phd Link. View Institutional Ownership Trends for Edwards Lifesciences.
Which major investors are selling Edwards Lifesciences stock?
EW stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, American Century Companies Inc., Korea Investment CORP, Morgan Stanley, Mitsubishi UFJ Trust & Banking Corp, Winslow Capital Management LLC, First Trust Advisors LP and Montag & Caldwell LLC. Company insiders that have sold Edwards Lifesciences company stock in the last year include Catherine M Szyman, Donald E Bobo Jr, Donald E Bobo, Jr, Huimin Wang, Jean-Luc M Lemercier, Larry L Wood, Michael A Mussallem, Robert WA Sellers, Schack Wesley W Von, Scott B Ullem and William J Phd Link. View Insider Buying and Selling for Edwards Lifesciences.
Which major investors are buying Edwards Lifesciences stock?
EW stock was bought by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Janus Henderson Group PLC, MERIAN GLOBAL INVESTORS UK Ltd, Jennison Associates LLC, HealthCor Management L.P., Assenagon Asset Management S.A., AQR Capital Management LLC and The Manufacturers Life Insurance Company . Company insiders that have bought Edwards Lifesciences stock in the last two years include Dylan Sidoo and Kieran Gallahue. View Insider Buying and Selling for Edwards Lifesciences.
How do I buy shares of Edwards Lifesciences?
Shares of EW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Edwards Lifesciences' stock price today?
One share of EW stock can currently be purchased for approximately $157.21.
How big of a company is Edwards Lifesciences?
Edwards Lifesciences has a market capitalization of $32.86 billion and generates $3.44 billion in revenue each year. The medical research company earns $583.60 million in net income (profit) each year or $3.80 on an earnings per share basis. Edwards Lifesciences employs 12,200 workers across the globe.
What is Edwards Lifesciences' official website?
How can I contact Edwards Lifesciences?
Edwards Lifesciences' mailing address is ONE EDWARDS WAY, IRVINE CA, 92614. The medical research company can be reached via phone at 949-250-2500 or via email at [email protected]
MarketBeat Community Rating for Edwards Lifesciences (NYSE EW)
MarketBeat's community ratings are surveys of what our community members think about Edwards Lifesciences and other stocks. Vote "Outperform" if you believe EW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EW will underperform the S&P 500 over the long term. You may vote once every thirty days.
