Intuitive(ISRG)

Search documents
Intuitive Surgical, Inc. (ISRG) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-08-23 22:50
Company Performance - Intuitive Surgical, Inc. (ISRG) closed at $486.55, reflecting a -0.79% change from the previous trading day's closing, underperforming the S&P 500's daily gain of 1.15% [1] - The company's shares gained 12.29% over the previous month, outperforming the Medical sector's gain of 4.39% and the S&P 500's gain of 0.27% [1] - Upcoming earnings per share (EPS) is projected at $1.65, indicating a 13.01% increase year-over-year, with revenue forecasted at $2.02 billion, representing a 15.57% growth compared to the same quarter last year [1] Fiscal Year Estimates - Zacks Consensus Estimates predict earnings of $6.67 per share and revenue of $8.1 billion for the fiscal year, reflecting changes of +16.81% and +13.69% respectively from the previous year [2] - Recent analyst estimate revisions indicate a positive outlook for the company's business trends, which can correlate with stock price performance [2] Zacks Rank and Valuation - Intuitive Surgical, Inc. currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 stocks since 1988 [3] - The company has a Forward P/E ratio of 73.58, significantly higher than the industry average of 27.09 [3] - The PEG ratio for ISRG is 4.23, compared to the industry average PEG ratio of 2.24, indicating a premium valuation [3] Industry Overview - The Medical - Instruments industry is part of the Medical sector, holding a Zacks Industry Rank of 84, placing it in the top 34% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]
Forget Nvidia: Billionaires Are (Still) Selling It and Buying Shares of These 2 Hypergrowth Stocks Hand Over Fist Instead
The Motley Fool· 2024-08-20 09:06
Seven top-tier billionaire money managers sent shares of Nvidia to the chopping block in the June-ended quarter, with select billionaires favoring two other fast-growing companies with clear long-term catalysts.While all eyes were turned to the July inflation report, investors may have missed what can be described as the most-important data release of the quarter on Aug. 14. I'm talking about the filing date for institutional investors to report Form 13F with the Securities and Exchange Commission (SEC).A 1 ...
3 Robotics Stocks Poised for Possible Industrial Revolution
Investor Place· 2024-08-13 20:30
Now might be a great time for investors to consider scooping up shares of these robotics stocks. I think that although in the short-term these technologies will be a slow burn in terms of improving company productivity, the tech stack of artificial intelligence (AI), machine learning, and the Internet of Things (IoT), will all contribute meaningfully to company revenue over the next decade. Industry forecasts anticipate the market reaching a huge sum of $34.64 billion by 2031. However, on balance, not every ...
Can Intuitive Surgical (ISRG) Run Higher on Rising Earnings Estimates?
ZACKS· 2024-08-13 17:20
Core Viewpoint - Intuitive Surgical, Inc. (ISRG) is experiencing a positive trend in earnings estimates, which is likely to continue driving stock price momentum [1][2]. Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $1.65 per share, reflecting a year-over-year increase of +13.01% [3]. - The Zacks Consensus Estimate has risen by 6.14% over the last 30 days, with 10 estimates increasing and no negative revisions [3]. Current-Year Estimate Revisions - For the full year, the expected earnings are $6.67 per share, indicating a year-over-year change of +16.81% [4]. - The consensus estimate has increased by 8.9% over the past month, with 11 estimates moving higher and no negative revisions [4]. Favorable Zacks Rank - Intuitive Surgical has achieved a Zacks Rank 1 (Strong Buy) due to the positive estimate revisions, which historically correlate with strong stock performance [5]. - Stocks with Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500 [5]. Bottom Line - Intuitive Surgical shares have increased by 6.5% over the past four weeks, indicating investor confidence in its earnings growth prospects [6].
What's Up Next for Intuitive Surgical Stock?
The Motley Fool· 2024-08-11 10:14
The threat posed by new weight loss medicines is starting to become evident.Intuitive Surgical (ISRG -0.04%) is gearing up for its next act. With new products in development and an entire global market to penetrate with its robotic surgical systems, the current moment seems packed with opportunity for both the company and its shareholders.Nonetheless, Intuitive is only at the starting line of a fight against new rivals for the operations its system can perform. So let's analyze what's up next for this compa ...
Intuitive Surgical (ISRG) Rises 5% Post Earnings: What's Next?
ZACKS· 2024-08-06 12:56
Shares of Intuitive Surgical (ISRG) have risen 5.3% following its earnings release on Jul 18, outperforming the Zacks Medical - Instruments industry’s growth of 2% and the broader Zacks Medical sector’s return of 1.6%. ISRG has shown a strong uptrend year to date, with the stock gaining nearly 30% in that period, primarily driven by robust procedure demand.However, the uptrend seems to have lost its momentum after giving attractive returns in the first seven months of the year. However, improving da Vinci p ...
Why Intuitive Surgical Stock is Dominating the Medical Sector
MarketBeat· 2024-08-06 11:45
Intuitive Surgical TodayISRGIntuitive Surgical$438.00 -11.73 (-2.61%) 52-Week Range$254.85▼$468.78P/E Ratio79.06Price Target$442.30Add to WatchlistRobotic surgery conjures up futuristic images of automated machines performing surgery on anesthetized human patients in an assembly line, but that's not the case at the moment. Robots have yet to replace human surgeons. However, they are able to augment human surgeons to be more precise and efficient with their surgeries. Intuitive Surgical Inc. NASDAQ: ISRG is ...
Prediction: 2 Stocks That Will Be Worth More Than Johnson & Johnson 10 Years From Now
The Motley Fool· 2024-08-03 10:38
These two healthcare companies have far more upside potential than Johnson & Johnson.Few healthcare companies are more famous than Johnson & Johnson (JNJ 2.10%). The pharmaceutical giant earned its stature in the industry thanks to its incredible innovative abilities and a business that's been executing for decades.However, its growth has stalled in recent years. The company's financial results haven't been particularly strong, and it's also dealing with a barrage of lawsuits and other legal challenges.Thou ...
3 AI Stocks That You Can Buy and Hold Forever
MarketBeat· 2024-08-01 11:20
Core Insights - The article emphasizes the importance of AI application in generating value and cash flow for companies, highlighting that AI is still in its early phases and will significantly impact various sectors [1] Company Summaries Symbotic Inc. (NASDAQ: SYM) - Symbotic's AI-powered warehouses enhance supply chain efficiency by increasing capacity and fulfillment speeds, benefiting the bottom line [2] - The company has partnerships with major businesses like C&S Wholesale Grocers, Target, and Walmart, and is experiencing a growing backlog of orders [2] - Symbotic's joint venture with SoftBank Group, Greenbox, offers warehouse-as-a-service, expanding access to its AI automation technology [2] Intuitive Surgical (NASDAQ: ISRG) - Intuitive Surgical has integrated AI into its surgical practices, driving growth through the increasing use of its da Vinci surgical robot systems [4] - The company reported industry-leading growth, robust cash flow, and a 10% increase in shareholder equity, although it does not pay dividends or buy back stock [4] - The stock price has shown a long-term upward trend, with potential for a stock split as it approaches the $500 mark, which historically leads to outperformance [5] Microsoft (NASDAQ: MSFT) - Microsoft is positioned as the second-largest player in the AI industry, offering a comprehensive range of AI tools for both consumers and developers [6] - The company reported solid growth of 15%, driven by a 30% increase in its cloud segment, with expectations for continued robust cash flows and capital returns [7] - Analysts have revised their price targets for Microsoft, indicating a potential increase to $500, despite the stock currently having a "Moderate Buy" rating [8][7]
What Are the Hottest AI Stocks Right Now? 3 Top Picks
Investor Place· 2024-07-29 18:55
As I’m sure everyone reading this is aware, artificial intelligence, or AI, has been quite a volatile sector in the recent past. All indicators suggest this will continue in the near to semi-long-term future. Many are skeptical of the high valuation AI companies carry, often comparing it to those seen before the dot-com crash. Statistically speaking, we are far away from that level of inflated valuations — at least for now. AI companies rise and fall every day. In a way, they can be seen as a “playground” f ...