Edwards Lifesciences Co. (NYSE:EW – Free Report) – Analysts at Leerink Partnrs boosted their FY2026 earnings per share estimates for Edwards Lifesciences in a research note issued to investors on Monday, November 25th. Leerink Partnrs analyst M. Kratky now forecasts that the medical research company will post earnings per share of $2.90 for the year, up from their prior estimate of $2.87. The consensus estimate for Edwards Lifesciences’ current full-year earnings is $2.57 per share. Leerink Partnrs also issued estimates for Edwards Lifesciences’ FY2028 earnings at $3.75 EPS.
EW has been the subject of several other research reports. Daiwa Capital Markets raised Edwards Lifesciences from a “neutral” rating to an “outperform” rating in a report on Wednesday, July 31st. Wells Fargo & Company decreased their target price on Edwards Lifesciences from $90.00 to $80.00 and set an “overweight” rating for the company in a report on Monday, September 9th. Oppenheimer reaffirmed an “outperform” rating and set a $90.00 target price on shares of Edwards Lifesciences in a report on Thursday, September 12th. Royal Bank of Canada decreased their target price on Edwards Lifesciences from $85.00 to $75.00 and set an “outperform” rating for the company in a report on Tuesday, October 8th. Finally, JPMorgan Chase & Co. lifted their target price on Edwards Lifesciences from $72.00 to $78.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Seventeen equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $75.67.
Edwards Lifesciences Price Performance
Shares of NYSE EW opened at $71.56 on Tuesday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.89 and a current ratio of 3.46. The company has a market cap of $42.20 billion, a PE ratio of 10.33, a P/E/G ratio of 3.96 and a beta of 1.12. The business has a 50-day simple moving average of $67.83 and a two-hundred day simple moving average of $75.37. Edwards Lifesciences has a fifty-two week low of $58.93 and a fifty-two week high of $96.12.
Edwards Lifesciences (NYSE:EW – Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The medical research company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.57 billion. Edwards Lifesciences had a return on equity of 20.76% and a net margin of 70.82%. The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the company earned $0.59 earnings per share.
Insider Activity
In related news, VP Donald E. Bobo, Jr. sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $65.57, for a total transaction of $327,850.00. Following the completion of the sale, the vice president now directly owns 46,936 shares in the company, valued at approximately $3,077,593.52. The trade was a 9.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Larry L. Wood sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $65.91, for a total value of $1,647,750.00. Following the transaction, the insider now directly owns 198,526 shares in the company, valued at $13,084,848.66. This trade represents a 11.18 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 40,000 shares of company stock worth $2,657,000 over the last three months. 1.29% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Edwards Lifesciences
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Community Trust NA acquired a new position in Edwards Lifesciences during the second quarter worth $29,000. Webster Bank N. A. acquired a new position in Edwards Lifesciences during the second quarter worth $39,000. FSA Wealth Management LLC acquired a new position in Edwards Lifesciences during the third quarter worth $30,000. Versant Capital Management Inc boosted its stake in Edwards Lifesciences by 206.3% during the second quarter. Versant Capital Management Inc now owns 484 shares of the medical research company’s stock worth $45,000 after buying an additional 326 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of Edwards Lifesciences in the 3rd quarter valued at $32,000. Institutional investors and hedge funds own 79.46% of the company’s stock.
Edwards Lifesciences Company Profile
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.
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