Brokerage Recommendations and ABR - Intuitive Surgical Inc (ISRG) currently has an Average Brokerage Recommendation (ABR) of 1.70, which approximates between Strong Buy and Buy on a scale of 1 to 5 [1] - The ABR is derived from 23 brokerage firm recommendations, with 14 Strong Buy (60.9%) and 2 Buy (8.7%) ratings [1] - Brokerage recommendations often exhibit a strong positive bias, with firms assigning five Strong Buy recommendations for every Strong Sell recommendation [2] - The ABR should not be confused with Zacks Rank, as the former is based solely on brokerage recommendations while the latter is driven by earnings estimate revisions [4][5] Zacks Rank and Earnings Estimates - Zacks Rank is a proprietary stock rating tool that categorizes stocks into five groups and has a strong track record of predicting near-term stock price movements [3] - The Zacks Rank is updated frequently to reflect changes in earnings estimates, making it a timely indicator of future price movements [5] - Intuitive Surgical has a Zacks Rank 3 (Hold) due to unchanged consensus earnings estimates and other factors related to earnings estimates [6] Investment Considerations for ISRG - The Zacks Consensus Estimate for Intuitive Surgical's current year earnings has remained unchanged at $6.26 over the past month [6] - Analysts' steady views on the company's earnings prospects suggest the stock may perform in line with the broader market in the near term [6] - While the ABR suggests buying Intuitive Surgical, the Zacks Rank indicates a more cautious approach may be prudent [6]
Is It Worth Investing in Intuitive Surgical (ISRG) Based on Wall Street's Bullish Views?