Edwards Lifesciences Corporation (EW)

NYSE: EW · IEX Real-Time Price · USD
76.25
-0.46 (-0.60%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.60%
Market Cap 46.25B
Revenue (ttm) 5.82B
Net Income (ttm) 1.43B
Shares Out 606.50M
EPS (ttm) 2.34
PE Ratio 32.59
Forward PE 27.43
Dividend n/a
Ex-Dividend Date n/a
Volume 1,904,760
Open 76.65
Previous Close 76.71
Day's Range 76.14 - 76.79
52-Week Range 60.57 - 94.87
Beta 1.01
Analysts Buy
Price Target 84.94 (+11.4%)
Earnings Date Jan 30, 2024

About EW

Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and surgical monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of heart valves; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases. The company also provides the PASCAL and Cardioband transcatheter valve repair systems for minimally-invasive therapy. In addition,... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Mar 27, 2000
Employees 17,300
Stock Exchange NYSE
Ticker Symbol EW
Full Company Profile

Financial Performance

In 2022, EW's revenue was $5.38 billion, an increase of 2.86% compared to the previous year's $5.23 billion. Earnings were $1.52 billion, an increase of 1.25%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for EW stock is "Buy." The 12-month stock price forecast is $84.94, which is an increase of 11.40% from the latest price.

Price Target
$84.94
(11.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Edwards Lifesciences To Spin-Off Critical Care Unit In 2024

On December 7, 2024, Edwards Lifesciences EW Corporation (NYSE: EW, $76.90, Market Capitalization: $46.6 billion) in its annual investor call announced its plans to spin-off its Critical Care unit int...

12 days ago - Forbes

Edwards Lifesciences to spin off critical care unit to focus on heart devices

Edwards Lifesciences said on Thursday it would spin off its critical care unit at the end of 2024 to concentrate on its larger heart devices business.

24 days ago - Reuters

Edwards Lifesciences to spin off Critical Care unit, sets $1B stock buyback

Edwards Lifesciences Corp.'s stock EW, +0.93% rose 1.9% in premarket trading Thursday after it said it plans to form an independent company out of its Critical Care unit in a tax-free spinoff transact...

24 days ago - Market Watch

Edwards Lifesciences Outlines Growth Strategy at Annual Investor Conference

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences Corporation (NYSE: EW) will discuss the company's sharpened focus and strategy for longer-term growth, provide an update on its technology pipelin...

24 days ago - Business Wire

These 10 Stocks Are Laggards. They May Be Too Cheap To Ignore.

Stocks that are under-earning and trading below historical averages may benefit if inflation continues to cool, according to Wolfe Research.

Other symbols: AALBCARRCELHCPBHDKDP
6 weeks ago - Barrons

CLASP IID ONE-YEAR DATA CONFIRM SAFETY AND EFFICACY OF EDWARDS PASCAL SYSTEM FOR DEGENERATIVE MITRAL REGURGITATION

SAN FRANCISCO , Oct. 26, 2023 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW) announced one-year results from CLASP IID, the first randomized controlled trial that directly compares two co...

2 months ago - PRNewsWire

TRISCEND II SIX-MONTH DATA FOR FIRST 150 PATIENTS SUCCESSFULLY DEMONSTRATE SAFETY AND EFFICACY OF EDWARDS EVOQUE SYSTEM FOR SEVERE TRICUSPID REGURGITATION

SAN FRANCISCO , Oct. 26, 2023 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW) today announced successful results from TRISCEND II, a randomized controlled pivotal trial designed to evaluat...

2 months ago - PRNewsWire

Edwards Lifesciences quarterly sales jump on robust demand for heart devices

Edwards Lifesciences Corp on Wednesday reported a 12% rise in third-quarter sales, helped by strong demand for the company's artificial heart valves and other devices.

2 months ago - Reuters

EDWARDS LIFESCIENCES REPORTS THIRD QUARTER RESULTS

IRVINE, Calif. , Oct. 25, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) today reported financial results for the quarter ended Sept.

2 months ago - PRNewsWire

FIVE-YEAR DATA FROM PARTNER 3 TRIAL DEMONSTRATE EXCELLENT SURVIVAL FOR PATIENTS RECEIVING EDWARDS SAPIEN 3 VALVE

SAN FRANCISCO , Oct. 24, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) today announced new data from the PARTNER 3 trial demonstrating continued low rates of all-cause mortality, disabling stro...

2 months ago - PRNewsWire

EDWARDS EVOQUE TRANSCATHETER TRICUSPID VALVE REPLACEMENT SYSTEM RECEIVES CE MARK

IRVINE, Calif. , Oct. 19, 2023 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW) today announced the company's EVOQUE tricuspid valve replacement system received CE Mark for the transcathete...

2 months ago - PRNewsWire

EDWARDS LIFESCIENCES TO HOST EARNINGS CONFERENCE CALL ON OCTOBER 25, 2023

IRVINE, Calif. , Oct. 18, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) plans to announce its operating results for the quarter ended September 30, 2023 after the market closes on Wednesday, Oc...

2 months ago - PRNewsWire

MedTech Earnings in the Age of Ozempic May Not Be That Bad

September-quarter earnings among medical-device makers may prove better than expected in the age of weight-loss drugs.

2 months ago - Barrons

Exclusive: Edwards Lifesciences targeted in EU antitrust raid last week - sources

Edwards Lifesciences was raided by EU antitrust regulators at one of its facilities in an EU country a week ago, two people with direct knowledge of the matter told Reuters on Tuesday.

3 months ago - Reuters

BetterInvesting™ Magazine Update on Edwards Lifesciences Corp. and 3M Company

TROY, Mich. , Aug. 29, 2023 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Edwards Lifesciences Corp. (NYSE:EW) as its "Stock to Stu...

Other symbols: MMM
4 months ago - PRNewsWire

Will Edwards Lifesciences Stock Recover To Its Pre-Inflation Shock Highs Of $130?

Investors still have concerns about a potential recession despite a steady decline in the inflation rate in response to the Fed's aggressive rate hike plan.

4 months ago - Forbes

EDWARDS LIFESCIENCES TO PRESENT AT THE 2023 WELLS FARGO HEALTHCARE CONFERENCE

IRVINE, Calif., Aug. 28, 2023 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW) today announced it is scheduled to present at the 2023 Wells Fargo Healthcare Conference on Thursday, Septembe...

4 months ago - PRNewsWire

You can still run with the stock market's bulls, but watch the exits

The stock market, as measured by the S&P 500 Index SPX, -0.64%), has been moving upward. The U.S. benchmark index is essentially crawling up the higher “modified Bollinger Bands” (mBB), which is a bi...

5 months ago - Market Watch

Edwards Lifesciences shares fall as slow heart-valve growth dulls forecast raise

Edwards Lifesciences Corp on Wednesday slightly raised its annual forecasts for sales and profit, but slower-than-expected revenue growth in the company's artificial heart valves dragged its shares do...

5 months ago - Reuters

EDWARDS LIFESCIENCES REPORTS SECOND QUARTER RESULTS

IRVINE, Calif. , July 26, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) today reported financial results for the quarter ended June 30, 2023.

5 months ago - PRNewsWire

EDWARDS LIFESCIENCES TO HOST EARNINGS CONFERENCE CALL ON JULY 26, 2023

IRVINE, Calif. , July 19, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) plans to announce its operating results for the quarter ended June 30, 2023 after the market closes on Wednesday, July 26...

5 months ago - PRNewsWire

Edwards Lifesciences: Improving Patient Safety and Outcomes: EU-HYPROTECT Registry Demonstrates Reduced Time in Hypotension During Surgery Using Acumen HPI Software

NYON, Switzerland--(BUSINESS WIRE)--Edwards Lifesciences today announced the results of the EU-HYPROTECT registry which indicates that using Acumen HPI software may help reduce the duration and severi...

7 months ago - Business Wire

Edwards Lifesciences: Quality at a Bear Market Price

Edwards Lifesciences Corp. ( EW , Financial) is another of the stocks that suffered due to the 2022 bear market.

7 months ago - GuruFocus

DATA FROM BENCHMARK REGISTRY DEMONSTRATE IMPROVED TAVR EFFICIENCY WITH PRESERVED PATIENT SAFETY

PARIS , May 17, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) announced today that new data from the Benchmark Registry in Europe demonstrated the safety and effectiveness of this streamlined t...

8 months ago - PRNewsWire

EDWARDS' AORTIC VALVE WITH RESILIA TISSUE SHOWS FAVORABLE DURABILITY, SAFETY AND EFFICACY OUTCOMES IN SEVEN YEAR DATA

LOS ANGELES , May 7, 2023 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) today announced new data from the COMMENCE aortic trial, demonstrating low rates of structural valve deterioration (SVD) in bi...

8 months ago - PRNewsWire