EW
Edwards Lifesciences Corporation Healthcare - Medical Devices Investor Relations →
Edwards Lifesciences Corporation (EW) closed at $78.71 as of 2026-02-02, trading 2.5% below its 200-week moving average of $80.69. This places EW in the below line zone. The stock is currently moving closer to the line, down from 0.5% last week. The 14-week RSI sits at 42, indicating neutral momentum.
Over the past 1301 weeks of data, EW has crossed below its 200-week moving average 11 times. On average, these episodes lasted 19 weeks. Historically, investors who bought EW at the start of these episodes saw an average one-year return of +23.3%.
With a market cap of $46.2 billion, EW is a large-cap stock. The company generates a free cash flow yield of 1.1%. Return on equity stands at 13.5%. The stock trades at 4.5x book value.
The company has been aggressively buying back shares, reducing its share count by 5.7% over the past three years.
Over the past 25 years, a hypothetical investment of $100 in EW would have grown to $4819, compared to $930 for the S&P 500. That represents an annualized return of 16.8% vs 9.3% for the index — confirming EW as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -43% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: EW vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After EW Crosses Below the Line?
Across 10 historical episodes, buying EW when it crossed below its 200-week moving average produced an average return of +19.6% after 12 months (median +28.0%), compared to +6.2% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +55.9% vs +16.2% for the index.
Each line shows $100 invested at the moment EW crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
EW has crossed below its 200-week MA 11 times with an average 1-year return of +23.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2001 | Mar 2001 | 1 | 5.5% | +55.3% | +5206.3% |
| Apr 2001 | Apr 2001 | 1 | 2.0% | +50.8% | +5011.0% |
| Jul 2002 | Jul 2002 | 3 | 9.1% | +47.2% | +4232.7% |
| Feb 2008 | Mar 2008 | 5 | 2.4% | +47.1% | +2107.3% |
| Apr 2013 | Oct 2013 | 25 | 10.5% | +25.4% | +636.0% |
| Oct 2013 | Apr 2014 | 24 | 18.7% | +88.1% | +634.8% |
| Sep 2022 | Jun 2023 | 38 | 20.6% | -17.8% | -7.1% |
| Jul 2023 | Mar 2024 | 32 | 31.1% | -25.5% | -6.0% |
| Apr 2024 | Jun 2024 | 11 | 6.1% | -23.1% | -12.8% |
| Jul 2024 | Nov 2025 | 69 | 33.3% | -14.2% | -13.5% |
| Feb 2026 | Ongoing | 1+ | 2.5% | Ongoing | N/A |
| Average | 19 | — | +23.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02