Stock To Watch: Edwards Lifesciences Corporation (NYSE:EW)


The leading market experts have placed a mean price target of $123.95 on Edwards Lifesciences Corporation (NYSE:EW) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.74 a share for the upcoming quarter and $2.87 for the current fiscal. Technical View The technical analysis of Edwards Lifesciences Corporatio plainly substantiates that the 50-day moving average of Edwards Lifesciences Corporatio is $102.96, and stock is hovering 11.56 or +11.22% distant from $102.96. It is noted that the 200-day MA is $95.52, and Edwards Lifesciences Corporatio stock is $19.00 or +19.89% off from this point. Edwards Lifesciences Corporation (NYSE:EW) 52-week high is $117.46 and the 52-week low is $62.53. This explains if the stock moves $-2.94, it will post a 52-week high. In event of $+83.14% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Edwards Lifesciences Corporatio, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Edwards Lifesciences Corporation (NYSE:EW) ratio came in at 47.32. The stock last ended the trading session at $114.52 and registered a market cap of $24.30B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Edwards Lifesciences Corporation (NYSE:EW) PEG ratio is at 2.26.

1 Chart Pattern Every Investor Should Know

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