Intuitive Surgical Inc (NASDAQ: ISRG): Think Like A Lender, Not An Investor

Intuitive Surgical Inc (NASDAQ:ISRG) currently has a daily average trading volume of 1.31M but it saw 1117579 shares traded in last market. With a market cap of 182.57B USD, the company’s current market price of $512.58 came falling about -0.95 while comparing to the previous closing price of $517.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $523.34 and as low as $254.85. In the recent trading on the day, stock has struck highest price mark of $507.28 while lowest mark touched by it was $516.0.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Redburn Atlantic which upgraded the stock as “Buy” in its note to investors issued on August 02, 2024, recommending a price target of between $380 and $510 for it. Goldman issued its recommendations for the stock as it initiated the price target for the stock is $500.

Over the week, ISRG’s stock price is moving 7.55% up while it is 5.82% when we observe its performance for the past one month. Year-to-date it is 51.94% up and over the past year, the stock is showing an upside performance of 88.04%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.6 beat the consensus estimate of 1.48 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 1.76 while estimate for next year EPS is 6.89. In next quarter, company is expected to be making quarterly sales of $2.2B as analysts are expecting the sales for current fiscal year at $8.15B and seeing the company making $9.52B in sales next year. Moreover, analysts are in estimates of $2.2B for current-quarter revenue.

Currently, Intuitive Surgical Inc’s total number of outstanding shares is 356.18M. Company’s return on investment (ROI) stands at 14.39% and return on equity (ROE) at 15.95%. It has a price to earnings ratio (P/E ratio) of 82.39 while having a 65.47 of forward P/E ratio. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 11.72 while price to sale or P/S ratio amounts to 23.21. Its return on asset (ROA) is 13.82% on average.