Edwards Lifesciences Corporation (EW)

NYSE: EW · IEX Real-Time Price · USD
87.24
-2.81 (-3.12%)
At close: Apr 17, 2024, 4:00 PM
87.00
-0.24 (-0.28%)
After-hours: Apr 17, 2024, 7:37 PM EDT
-3.12%
Market Cap 52.46B
Revenue (ttm) 6.00B
Net Income (ttm) 1.40B
Shares Out 601.30M
EPS (ttm) 2.30
PE Ratio 37.93
Forward PE 30.76
Dividend n/a
Ex-Dividend Date n/a
Volume 2,768,000
Open 89.89
Previous Close 90.05
Day's Range 86.45 - 89.63
52-Week Range 60.57 - 96.12
Beta 1.07
Analysts Buy
Price Target 92.82 (+6.4%)
Earnings Date Apr 25, 2024

About EW

Edwards Lifesciences Corporation provides products and technologies for structural heart disease and critical care monitoring in the United States, Europe, Japan, and internationally. It offers transcatheter heart valve replacement products for the minimally invasive replacement of aortic heart valves under the Edwards SAPIEN family of valves system; and transcatheter heart valve repair and replacement products to treat mitral and tricuspid valve diseases under the PASCAL PRECISION and Cardioband names. The company also provides surgical struct... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Mar 27, 2000
Employees 19,800
Stock Exchange NYSE
Ticker Symbol EW
Full Company Profile

Financial Performance

In 2023, EW's revenue was $6.00 billion, an increase of 11.56% compared to the previous year's $5.38 billion. Earnings were $1.40 billion, a decrease of -7.85%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for EW stock is "Buy." The 12-month stock price forecast is $92.82, which is an increase of 6.40% from the latest price.

Price Target
$92.82
(6.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

This weight-loss ETF has performed well in its first five months. How does it compare with cheaper alternatives?

A new exchange-traded fund needs an edge to attract investors. This might be its industry focus — a tall order in a crowded market with ETFs covering just about any industry you can imagine.

7 days ago - Market Watch

Study of NFL Alumni Cohort Finds Majority Suffer From Heart Disease Without Knowing It

ATLANTA--(BUSINESS WIRE)--Edwards Lifesciences (NYSE: EW) announced the release of data from the HUDDLE study that examined the prevalence of heart disease and associated risk factors among members of...

10 days ago - Business Wire

Large, Real-world Studies Demonstrate Continued Excellent Outcomes for Patients Receiving Edwards SAPIEN TAVR

WASHINGTON--(BUSINESS WIRE)--Edwards Lifesciences (NYSE: EW) announced today at Cardiovascular Research Technologies (CRT) 2024 the compelling results from two large, real-world studies based on TVT R...

5 weeks ago - Business Wire

Edwards Lifesciences to Present at the 44th Annual TD Cowen Healthcare Conference

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences Corporation (NYSE: EW) today announced it will participate in the TD Cowen Healthcare Conference on Tuesday, March 5, 2024. Bernard Zovighian, chi...

7 weeks ago - Business Wire

Edwards Lifesciences beats quarterly estimates on strong heart device sales

Edwards Lifesciences reported fourth-quarter profit on Tuesday that beat Wall Street estimates, helped by strong demand for the company's artificial heart valves and other devices.

2 months ago - Reuters

Edwards Lifesciences Reports Fourth Quarter Results

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences (NYSE: EW) today reported financial results for the quarter ended December 31, 2023. Highlights and Outlook Q4 sales grew 14 percent to $1.53 bill...

2 months ago - Business Wire

Edwards' EVOQUE Valve Replacement System First Transcatheter Therapy to Earn FDA Approval for Tricuspid Valve

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences Corporation (NYSE: EW) today announced the company's EVOQUE tricuspid valve replacement system is the first transcatheter therapy to receive U.S. ...

2 months ago - Business Wire

Edwards Lifesciences to Host Earnings Conference Call on February 6, 2024

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences (NYSE: EW) plans to announce its operating results for the quarter ended December 31, 2023 after the market closes on Tuesday, February 6, 2024, a...

2 months ago - Business Wire

Edwards Lifesciences to Present at the 42nd Annual J.P. Morgan Healthcare Conference

IRVINE, Calif.--(BUSINESS WIRE)--Edwards Lifesciences Corporation (NYSE: EW) today announced it will participate in the J.P. Morgan Healthcare Conference on Tuesday, Jan. 9, 2024. Bernard Zovighian, c...

3 months ago - Business Wire

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...

4 months 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.

4 months 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...

4 months 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...

4 months 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
5 months 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...

6 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...

6 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.

6 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.

6 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...

6 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...

6 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...

6 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.

6 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.

7 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
8 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.

8 months ago - Forbes