Intuitive(ISRG)

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Intuitive Surgical, Inc. (ISRG) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-02-21 23:56
Intuitive Surgical, Inc. (ISRG) closed the most recent trading day at $380.23, moving +0.69% from the previous trading session. This change outpaced the S&P 500's 0.13% gain on the day. Elsewhere, the Dow gained 0.13%, while the tech-heavy Nasdaq lost 0.32%.The the stock of company has risen by 1.68% in the past month, lagging the Medical sector's gain of 3.87% and the S&P 500's gain of 2.99%.The investment community will be paying close attention to the earnings performance of Intuitive Surgical, Inc. in i ...
3 Millionaire-Maker Robotics Stocks to Buy in February 2024
InvestorPlace· 2024-02-21 21:40
There are some key robotics stocks for investors to buy in February. This is amid the broader indices such as the Nasdaq making a brief pullback. Some analysts expect that the rally for tech stocks in general will continue, as the decline was primarily chalked up to a decline in the stock prices of companies like Nvidia (NASDAQ:NVDA) and some otters in the Majestic Seven.The robotics stocks in this article are powerful names, and I believe that they will continue to deliver strong gains to investors. Those ...
2 Healthcare Growth Stocks That Are No-Brainer Buys Right Now
The Motley Fool· 2024-02-17 15:00
The healthcare industry has remained a remarkably resilient place for investors to build wealth over the years. Like any industry, this one carries risk for investors to be aware of, too. Regulatory changes, payer changes, legal challenges, and the role of patents in this space are all potential risks that investors need to navigate when investing in healthcare stocks.Nonetheless, tried-and-true healthcare businesses with a diverse lineup of market-leading products and strong financials to back them up can ...
The 3 Best Robotics Stocks to Buy in February 2024
InvestorPlace· 2024-02-16 16:23
Robotics has the potential to transform various industries, particularly manufacturing and healthcare, by creating new opportunities for automation and efficiency. The sector could very well be on its way to entering a hyper-growth stage as technological advances continue to make these technologies not only possible but efficient. Investors looking to balance long-term returns with exposure to cutting-edge technologies should look no further than these three robotics stocks in February 2024.Intuitive Surgic ...
ChatGPT Stock Predictions: 3 Robotics & Automation Companies the AI Bot Thinks Have 10X Potential
InvestorPlace· 2024-02-14 22:45
In the bustling realm of forward-looking investments, robotics stocks stand out for their tremendous potential and relevance. These dynamic assets offer around-the-clock productivity, virtually uninterrupted by the mundane constraints of human labor. With robots pausing for maintenance, their deployment can meaningfully boost operational efficiency. This edge is critical at a time when experts forecast the robotics sector to expand at an impressive compound annual growth rate (CAGR) of 10.5% from 2023 to 20 ...
Is Trending Stock Intuitive Surgical, Inc. (ISRG) a Buy Now?
Zacks Investment Research· 2024-02-12 15:00
Intuitive Surgical, Inc. (ISRG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +6.7% over the past month versus the Zacks S&P 500 composite's +5.8% change. The Zacks Medical - Instruments industry, to which Intuitive Surgical, Inc. belongs, has gained 4.3% over this period. Now the key question is: Where could the stock be head ...
2 Healthcare Stocks That Could Help Set You Up for Life
The Motley Fool· 2024-02-12 14:45
As you build your portfolio over time, it's good to diversify your investments into a wide range of stocks and sectors. Be sure they align with your overall goals and risk tolerance -- and that they can help you work toward the returns you desire.The healthcare industry is full of compelling businesses that are often at the forefront of medicine, developing cutting-edge treatments, medical devices, and other products that are changing the face of healthcare while serving a broad and growing market.While hea ...
Should You Pick Intuitive Surgical Stock At $375 After An Upbeat Q4?
Forbes· 2024-02-02 13:00
Visitors look at a surgical robot at the booth of IntuitiveFosun at the 6th China International ... [+] Import Expo CIIE in east China's Shanghai, Nov. 7, 2023. (Photo by Jin Haoyuan/Xinhua via Getty Images)Xinhua News Agency via Getty ImagesIntuitive Surgical ISRG (NASDAQ NDAQ : ISRG) reported its Q4 results last month, with revenues and earnings beating the street estimates. The company reported revenue of $1.93 billion, up 17% y-o-y and above the $1.89 billion consensus estimate. Its adjusted earnings of ...
3 Robotics Stocks With 250% Growth Potential by 2025
InvestorPlace· 2024-02-01 01:44
As the human world hurtles into a future shaped by cutting-edge technologies, the robotics sector stands at the forefront of transformative growth. The article delves into the promising trajectories of three robotics stocks, each with the potential for a staggering 250% growth by 2025.The first one’s focus on industry verticalization, with 70 tailored solution accelerators, positions it uniquely as a solution provider. On the other hand, the second one showcases robust growth in placements and utilization, ...
Intuitive(ISRG) - 2023 Q4 - Annual Report
2024-01-30 16:00
Revenue and Market Performance - Domestic revenue accounted for 66% of total revenue in 2023, while revenue from OUS markets accounted for 34%[37] - Revenue from international markets accounted for approximately 34% of total revenue in 2023, consistent with 33% in both 2022 and 2021[81] - The company’s sales of da Vinci surgical systems tend to be heavier in the fourth quarter and lighter in the first quarter due to hospital budget resets[37] - The company has experienced procedure growth for benign conditions, including hernia repairs and hysterectomies, but faces fluctuations in quarterly operating results due to seasonal factors[107] - The company faces challenges in maintaining or growing revenue due to lengthy sales cycles and potential higher costs than anticipated[146] Regulatory Compliance and Risks - The company is subject to extensive FDA regulations, including compliance with Quality System Regulation (QSR) to maintain marketing of cleared or approved products in the U.S.[48] - The company must comply with the EU Medical Devices Regulation (MDR) by May 26, 2024, to continue marketing its medical devices in the European Union[56] - The company is required to report annually to the Centers for Medicare & Medicaid Services (CMS) on certain payments and transfers of value to healthcare providers under the Physician Payments Sunshine Act[49] - The company must comply with various healthcare fraud and abuse laws, including the federal Anti-Kickback Statute, which could impact its business arrangements[49] - The company is subject to various federal, state, and foreign laws that govern business practices, which could result in substantial penalties if violated[140] Competition and Market Dynamics - The company faces competition from established companies like Johnson & Johnson and Medtronic, as well as emerging players in the robotic-assisted medical procedures market[42] - The company faces competition from various firms in robotic-assisted medical systems, including Asensus Surgical, Johnson & Johnson, and Medtronic, which could pressure revenues[77] - Hospitals may reduce capital spending due to financial pressures, impacting the company's sales of capital equipment[80] - The healthcare industry is experiencing continued consolidation, which may lead to pricing pressures and decreased average selling prices for the company's products[129] Product Development and Innovation - The company collaborates with other firms for research and development, such as the Integrated Table Motion product developed with Hillrom[40] - The da Vinci surgical system and other products represent a fundamentally new approach to medical procedures, with market acceptance being crucial for revenue generation[94] - The introduction of new products may shorten the life cycle of existing products, impacting overall sales and profitability[89] - The company is increasing operations in China, facing inherent risks from complex U.S.-China relations that could disrupt business[82] Financial Performance and Economic Factors - Macroeconomic conditions, including high inflation and rising interest rates, may adversely impact demand for the company's products and overall financial performance[79] - The company has experienced supply chain constraints, which could hinder its ability to meet product demand and result in deferred or canceled procedures[80] - The company may encounter manufacturing problems or delays that could result in lost revenue and customer dissatisfaction[90] - The company is exposed to credit risk and fluctuations in the market value of investments, which could materially impact financial condition and results of operations[121] Workforce and Corporate Responsibility - As of December 31, 2023, the company had approximately 13,676 full-time employees, with a turnover rate of approximately 9.1%[66] - The company contributed $125 million to the Intuitive Foundation since its inception in 2018, supporting health, education, and reducing human suffering[73] - In 2023, the company conducted a full pay equity audit, revealing that women earn 99.3% of what men earn, and employees of color earn 100.0% of what white employees earn[70] - The company has a four-part strategy for inclusion and diversity, focusing on creating an inclusive experience and building a diverse workforce[67] Legal and Intellectual Property Risks - The company relies on patent protection for proprietary technologies, incurring substantial costs in obtaining and defending patents, which may not always be successful[142] - There is a risk that third parties may assert infringement claims against the company, potentially resulting in substantial damages or injunctions against product commercialization[143] - The company relies on licenses from third parties for integral technologies, and loss of these licenses could materially affect revenues[144] Cybersecurity and Data Privacy - Cybersecurity risks are a significant concern, with potential breaches posing threats to business operations and customer data security[104] - The company faces potential penalties and fines for non-compliance with evolving data privacy laws, including GDPR and CCPA, which could adversely affect its financial condition[110] - The company is subject to complex regulations regarding data protection, which may increase operational costs and risk exposure due to compliance burdens[111] Supply Chain and Operational Challenges - Supply chain disruptions, particularly for semiconductor components, are expected to persist, leading to inflationary pressures that could impact profit margins[88] - The company relies on sole- and single-sourced suppliers, which poses risks to meeting product demand and maintaining cost efficiency[88] - The ongoing anti-corruption campaign in China has led to delays and cancellations of tenders, impacting system placements in the region[82] Geopolitical and Economic Uncertainties - The geopolitical instability, including conflicts in Ukraine and Israel, has contributed to macroeconomic uncertainties that could impact the company's operations[79] - The company is actively monitoring geopolitical conflicts, including those in Ukraine and Israel, which could lead to significant market disruptions and volatility in commodity prices[115] - The company faces risks related to foreign currency exchange rate fluctuations, which could affect its operations and profitability[82] Future Outlook and Strategic Initiatives - The company is committed to ethical AI development, aligning with new regulations to ensure consumer protection and compliance with privacy laws[116] - The company has made acquisitions, such as Orpheus Medical, to enhance its integrated informatics platform, but successful integration remains a challenge[120] - Future healthcare reform measures may adversely affect the company's industry and customer demand for its products[138]