Shares of Edwards Lifesciences Corporation (NYSE:EW – Get Free Report) have received an average rating of “Moderate Buy” from the twenty-three research firms that are currently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $100.27.
A number of research analysts recently commented on EW shares. TD Cowen reissued a “buy” rating on shares of Edwards Lifesciences in a report on Tuesday, July 21st. Wall Street Zen downgraded Edwards Lifesciences from a “buy” rating to a “hold” rating in a report on Saturday, September 26th. Citigroup upped their target price on Edwards Lifesciences from $101.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada raised their price target on shares of Edwards Lifesciences from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Finally, Piper Sandler restated an “overweight” rating and issued a $101.00 price target (up from $100.00) on shares of Edwards Lifesciences in a research note on Friday, July 24th.
Get Our Latest Analysis on Edwards Lifesciences
Insider Transactions at Edwards Lifesciences
Institutional Investors Weigh In On Edwards Lifesciences
Institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Edwards Lifesciences in the second quarter worth $5,318,092,000. Bank of New York Mellon Corp acquired a new stake in shares of Edwards Lifesciences during the second quarter worth $1,274,082,000. Norges Bank acquired a new stake in shares of Edwards Lifesciences during the fourth quarter worth $803,686,000. Bank of America Corp DE bought a new position in shares of Edwards Lifesciences in the 2nd quarter worth about $605,397,000. Finally, Deutsche Bank AG acquired a new position in shares of Edwards Lifesciences in the 2nd quarter valued at about $516,552,000. 79.46% of the stock is currently owned by institutional investors.
Edwards Lifesciences Stock Performance
Edwards Lifesciences stock opened at $86.41 on Friday. Edwards Lifesciences has a 12-month low of $72.30 and a 12-month high of $96.29. The company has a market capitalization of $49.75 billion, a price-to-earnings ratio of 49.66, a price-to-earnings-growth ratio of 2.31 and a beta of 0.85. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.52 and a quick ratio of 3.77. The firm’s fifty day moving average price is $88.58 and its 200 day moving average price is $86.05.
Edwards Lifesciences (NYSE:EW – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The medical research company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.70 billion. Edwards Lifesciences had a net margin of 15.43% and a return on equity of 15.68%. The firm’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 EPS. Edwards Lifesciences has set its Q3 2026 guidance at 0.710-0.770 EPS and its FY 2026 guidance at 2.950-3.050 EPS. On average, research analysts forecast that Edwards Lifesciences will post 3 EPS for the current fiscal year.
Edwards Lifesciences Company Profile
Edwards Lifesciences Corporation is a medical technology company focused on therapies for structural heart disease and other cardiovascular conditions. The company develops and manufactures heart valve replacement and repair technologies, including transcatheter aortic valve replacement systems, surgical heart valves, transcatheter mitral and tricuspid therapies, and related delivery systems and accessories.
Founded in 1958 by engineer Miles “Lowell” Edwards, the company helped pioneer artificial heart valves and has played a significant role in the development of transcatheter valve replacement.
See Also
- Five stocks we like better than Edwards Lifesciences
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
Receive News & Ratings for Edwards Lifesciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edwards Lifesciences and related companies with MarketBeat.com's FREE daily email newsletter.
