Edwards Lifesciences Corporation (NYSE:EW) Relative Strength Index (RSI) is 47.23, with weekly volatility at 1.91% and ATR at 1.95. The EW stock’s 52-week price range has touched low of $66.23 and a $98.11 high. Intraday shares traded counted 2.07 million, which was 24.57% higher than its 30-day average trading volume of 2.75M. Its shares traded higher over the last trading session, gaining 1.76% on 05/14/21. The shares fell to a low of $88.01 before closing at $89.49. EW’s previous close was $87.94 while the outstanding shares total 623.20M. The firm has a beta of 1.10, a 12-month trailing P/E ratio of 66.93, and a growth ratio of 4.37.
Investors have identified the Medical Devices company Edwards Lifesciences Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $54.67 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Edwards Lifesciences Corporation (EW) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3.07 billion total, with 799.0 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.52 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EW sounds very interesting.
Is the stock of EW attractive?
In related news, CVP, TAVR, Wood Larry L sold 7,830 shares of the company’s stock in a transaction that recorded on May 10. The sale was performed at an average price of 92.22, for a total value of 722,083. As the sale deal closes, the CVP, Critical Care, Szyman Catherine M. now sold 3,389 shares of the company’s stock, valued at 311,347. Also, CVP, Japan & Intercontinental, WANG HUIMIN sold 6,350 shares of the company’s stock in a deal that was recorded on May 07. The shares were price at an average price of 91.87 per share, with a total market value of 583,374. Following this completion of acquisition, the CVP,Strategy/Corp Development, BOBO DONALD E JR now holds 11,050 shares of the company’s stock, valued at 1,022,332. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
12 out of 26 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on Edwards Lifesciences Corporation. 1 analysts has assigned a Sell rating on the EW stock. The 12-month mean consensus price target for the company’s shares has been set at $98.35.