Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Edwards Lifesciences Corp (NYSE: EW) closed the day trading at $72.59 down -1.95% from the previous closing price of $74.03. In other words, the price has decreased by -$1.95 from its previous closing price. On the day, 5.53 million shares were traded. EW stock price reached its highest trading level at $74.5 during the session, while it also had its lowest trading level at $71.97.
Ratios:
For a better understanding of EW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.05. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 3.46. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
Jefferies Downgraded its Buy to Hold on September 18, 2024, whereas the target price for the stock was revised from $85 to $70.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when Lippis Daniel J. sold 2,500 shares for $74.08 per share. The transaction valued at 185,196 led to the insider holds 23,189 shares of the business.
Lippis Daniel J. bought 2,500 shares of EW for $185,196 on Dec 16 ’24. On Dec 09 ’24, another insider, Ullem Scott B., who serves as the CVP, Chief Financial Officer of the company, sold 11,250 shares for $71.68 each. As a result, the insider received 806,406 and left with 30,561 shares of the company.
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 42813579264 and an Enterprise Value of 39139983360. As of this moment, Edwards’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.47, and their Forward P/E ratio for the next fiscal year is 29.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.29 while its Price-to-Book (P/B) ratio in mrq is 4.49. Its current Enterprise Value per Revenue stands at 6.198 whereas that against EBITDA is 19.07.
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 2.59%, while the 200-Day Moving Average is calculated to be -6.54%.
Shares Statistics:
Over the past 3-months, EW traded about 5.25M shares per day on average, while over the past 10 days, EW traded about 5650020 shares per day. A total of 589.80M shares are outstanding, with a floating share count of 579.56M. Insiders hold about 1.74% of the company’s shares, while institutions hold 84.41% stake in the company. Shares short for EW as of 1734048000 were 7299830 with a Short Ratio of 1.39, compared to 1731628800 on 6866797. Therefore, it implies a Short% of Shares Outstanding of 7299830 and a Short% of Float of 1.25.
