How to Buy Edwards Lifesciences Stock
Edwards Lifesciences Corp
Edwards Lifesciences is a medical device company located in California, United States, which is part of the Healthcare sector, and is traded under the ticker EW on the NYSE exchange.
Edwards Lifesciences stock last closed at $73.81, up 0.57% from the previous day, and has increased 4.98% in one year. It has overperformed other stocks in the Medical Devices industry by 0.18 percentage points. Edwards Lifesciences stock is currently +25.25% from its 52-week low of $58.93, and -23.21% from its 52-week high of $96.12.
At the moment, there are 589.8M shares of EW outstanding. The market value of EW is $43.53B. In the last 24 hours, 3.48M EW shares were traded.
How to Buy Edwards Lifesciences Stock
Wondering how to invest in Edwards Lifesciences stock? Here's how.
- Choose where to buy Edwards Lifesciences stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Edwards Lifesciences stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your method of payment and add your details.
- Analyze Edwards Lifesciences stock: The Edwards Lifesciences ticker symbol is EW. Is Edwards Lifesciences stock a good investment? Should you buy shares of EW? How do EW's underlying business fundamentals look? Do top analysts think Edwards Lifesciences is a good buy? Why has EW's stock price moved recently? (Hint: Our stock research tools can help you evaluate if EW is a good stock to buy).
- Place your EW trade: Decide if you will purchase EW shares at the current market price or use a limit order to purchase EW shares at a particular price.
- Keep an eye on your EW investment: Create a watchlist to watch your new investment in Edwards Lifesciences shares.
Step 1: Choose where to buy Edwards Lifesciences stock
You will need an online brokerage account in order to access the NYSE market and buy EW shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to buy EW stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the walkthrough below if you need help transferring funds into your new brokerage account.
Step 4: Analyze Edwards Lifesciences stock
Once you have chosen the best place to buy Edwards Lifesciences stock, it's absolutely critical to analyze their stock prior to buying, so you actually comprehend the risk and opportunity.
Edwards Lifesciences stock data
Edwards Lifesciences Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on EW's stock page.
How is EW stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge EW's fair value.
Using relative valuations ratios:
- EW could be undervalued based on its P/E ratio of 10.64x, relative to Medical Devices industry P/E ratio of 36.96x
- EW may be overvalued based on its P/B ratio of 4.56x, relative to Medical Devices industry P/B ratio of 4.05x
You can do more valuation analysis on EW's stock here.
How do EW Financials look?
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the EW balance sheet.
- Total EW debt is lower than 5 years ago, relative to shareholder equity.
- EW profit margin has gone up from 26.8% to 70.8% in the past year.
- EW earnings of $4.35B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the EW balance sheet.
- EW has a low debt to equity ratio of 0.35.
- EW's operating cash flow of $806.40M allows it to safely service it's debt of $706.70M.
Do analysts think it's a good time to buy Edwards Lifesciences stock
Out of 19 Wall Street analysts who give recommendations on EW, the consensus analyst rating on EW is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Latest EW Analyst Forecasts
William Plovanic, a top 16% analyst from Canaccord Genuity maintains EW with a hold rating and raises their EW price target from $63.00 to $68.00, on Dec 5, 2024.
Matt Miksic, a bottom 11% analyst from Barclays maintains EW with a strong buy rating and raises their EW price target from $85.00 to $88.00, on Dec 2, 2024.
Robbie Marcus, a top 20% analyst from JP Morgan maintains EW with a hold rating and raises their EW price target from $72.00 to $78.00, on Oct 25, 2024.
Adam Maeder, a top 16% analyst from Piper Sandler maintains EW with a hold rating and lowers their EW price target from $73.00 to $70.00, on Oct 25, 2024.
David Rescott, a top 23% analyst from Baird maintains EW with a hold rating and lowers their EW price target from $73.00 to $68.00, on Oct 25, 2024.
You can dive deeper into what analysts are forecasting on the Edwards Lifesciences stock forecast page.
EW Momentum
EW Performance Numbers
Last year, EW earnings were $4.16B. Over the last five year, EW's earnings have grown by 41.05% per year. This was faster than the Medical Devices industry average of 16.07%.
Last year, EW revenue was $5.87B. In the past 5 year, EW's revenue has increased by 7.18% per year. This was slower than the Medical Devices industry average of 10.44%.
Dive into EW's earnings and revenue performance here.
Are EW insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at EW have sold more shares than they have bought.
Donald E. Bobo Jr., CVPStrategyCorp Development of EW, was the latest EW insider to sell. They sold $358,750.00 worth of EW shares on Dec 9, 2024.
Dig into more about who owns EW shares here.
Does EW stock generate passive income?
No, Edwards Lifesciences doesn't provide an income stream by paying out dividends.
Get analysis from other traders
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Step 5: Place your EW trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Hit the Open button and eToro will execute your order.
If you need additional info about buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your EW investment
Now that you own some EW shares, you'll want to keep up with your new company.
Make a watchlist to get notified of important updates regarding your EW stock.
EW Feed
How to Buy Stock in Edwards Lifesciences
To summarize, here are the 6 steps to buy Edwards Lifesciences stock:
- Choose where to buy Edwards Lifesciences stock
- Create your brokerage account
- Fund your investment account
- Analyze Edwards Lifesciences stock
- Place your EW trade
- Keep an eye on your EW investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep an eye on your investment in Edwards Lifesciences, create a watchlist today.
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