Market Movers

Edwards Lifesciences Corporation’s Stock Price Dips to $90.99, Records 2% Drop: Time to Buy?

Edwards Lifesciences Corporation (EW)

90.99 USD -1.86 (-2.00%) Volume: 3.48M

Edwards Lifesciences Corporation’s stock price stands at 90.99 USD, experiencing a decrease of -2.00% this trading session with a trading volume of 3.48M, yet showcasing a positive YTD performance with an increase of +19.33%, demonstrating the company’s resilience in the market.


Latest developments on Edwards Lifesciences Corporation

Edwards Lifesciences Corporation (NYSE:EW) has been making headlines recently with key events impacting its stock price movements. Affluent Medical signed a lucrative $16.3 million mitral valve deal with Edwards, while the company’s P/E ratio insights and price targets have been closely monitored by investors. Executive stock transactions, including a notable sale of $47k and purchase of $22k, have also caught the market’s attention. Health Canada approval for the EDWARDS PASCAL PRECISION TRANSCATHETER VALVE REPAIR SYSTEM further boosted investor confidence. With increased price targets and new board appointments, Edwards Lifesciences continues to be a focal point for traders looking for opportunities in the market.


A look at Edwards Lifesciences Corporation Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Edwards Lifesciences, a company that focuses on treating late-stage cardiovascular disease, has received mixed reviews on its long-term outlook based on Smartkarma Smart Scores. While the company scores high in growth and momentum, indicating a positive trajectory for future expansion and market performance, it falls short in terms of value and dividend. With a resilience score in the middle range, it suggests that the company may face some challenges but is overall well-positioned to weather them. Investors may want to consider these factors when evaluating the potential of Edwards Lifesciences in the long term.

Despite facing some challenges in terms of value and dividend, Edwards Lifesciences shows promising signs of growth and momentum according to Smartkarma Smart Scores. The company’s focus on developing and marketing products to treat cardiovascular disease globally positions it well for future success. With a strong emphasis on innovation and market presence, Edwards Lifesciences may continue to see growth in the coming years. Investors looking for a company with a solid growth potential may find Edwards Lifesciences an attractive option based on its Smart Scores.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars