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As of close of business last night, Edwards Lifesciences Corp’s stock clocked out at $65.41, down -1.39% from its previous closing price of $66.33. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 8.25 million shares were traded. EW stock price reached its highest trading level at $66.82 during the session, while it also had its lowest trading level at $65.09.
Ratios:
To gain a deeper understanding of EW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.91. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 3.71. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on September 18, 2024, Downgraded its rating to Hold and sets its target price to $70 from $85 previously.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 11 ’24 when BOBO DONALD E JR sold 5,000 shares for $66.77 per share. The transaction valued at 333,826 led to the insider holds 46,936 shares of the business.
Chopra Daveen sold 1,250 shares of EW for $87,438 on Aug 20 ’24. The CVP, TMTT now owns 29,333 shares after completing the transaction at $69.95 per share. On Aug 20 ’24, another insider, Chopra Daveen, who serves as the Officer of the company, bought 1,250 shares for $69.95 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EW now has a Market Capitalization of 39402987520 and an Enterprise Value of 38173384704. As of this moment, Edwards’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.92, and their Forward P/E ratio for the next fiscal year is 24.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.57 while its Price-to-Book (P/B) ratio in mrq is 5.30. Its current Enterprise Value per Revenue stands at 6.153 whereas that against EBITDA is 18.82.
Stock Price History:
Over the past 52 weeks, EW has reached a high of $96.12, while it has fallen to a 52-week low of $58.93. The 50-Day Moving Average of the stock is -5.72%, while the 200-Day Moving Average is calculated to be -19.64%.
Shares Statistics:
It appears that EW traded 6.32M shares on average per day over the past three months and 8568390 shares per day over the past ten days. A total of 601.10M shares are outstanding, with a floating share count of 592.02M. Insiders hold about 1.72% of the company’s shares, while institutions hold 84.38% stake in the company. Shares short for EW as of 1724976000 were 6261318 with a Short Ratio of 1.80, compared to 1722384000 on 6096372. Therefore, it implies a Short% of Shares Outstanding of 6261318 and a Short% of Float of 1.05.
