We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Intuitive Surgical, Inc. (ISRG) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
In the latest trading session, Intuitive Surgical, Inc. (ISRG - Free Report) closed at $340.36, marking a -1.33% move from the previous day. This change lagged the S&P 500's daily loss of 0.91%. Elsewhere, the Dow lost 0.89%, while the tech-heavy Nasdaq lost 0.12%.
Prior to today's trading, shares of the company had lost 2.81% over the past month. This has was narrower than the Medical sector's loss of 3.31% and lagged the S&P 500's gain of 1.55% in that time.
Investors will be hoping for strength from Intuitive Surgical, Inc. as it approaches its next earnings release, which is expected to be January 20, 2022. On that day, Intuitive Surgical, Inc. is projected to report earnings of $1.28 per share, which would represent year-over-year growth of 7.56%. Our most recent consensus estimate is calling for quarterly revenue of $1.51 billion, up 13.66% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.94 per share and revenue of $5.67 billion. These totals would mark changes of +45.72% and +30.16%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Intuitive Surgical, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Intuitive Surgical, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Intuitive Surgical, Inc. is holding a Forward P/E ratio of 69.78. Its industry sports an average Forward P/E of 40.31, so we one might conclude that Intuitive Surgical, Inc. is trading at a premium comparatively.
Also, we should mention that ISRG has a PEG ratio of 6.98. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. ISRG's industry had an average PEG ratio of 2.98 as of yesterday's close.
The Medical - Instruments industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Intuitive Surgical, Inc. (ISRG) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Intuitive Surgical, Inc. (ISRG - Free Report) closed at $340.36, marking a -1.33% move from the previous day. This change lagged the S&P 500's daily loss of 0.91%. Elsewhere, the Dow lost 0.89%, while the tech-heavy Nasdaq lost 0.12%.
Prior to today's trading, shares of the company had lost 2.81% over the past month. This has was narrower than the Medical sector's loss of 3.31% and lagged the S&P 500's gain of 1.55% in that time.
Investors will be hoping for strength from Intuitive Surgical, Inc. as it approaches its next earnings release, which is expected to be January 20, 2022. On that day, Intuitive Surgical, Inc. is projected to report earnings of $1.28 per share, which would represent year-over-year growth of 7.56%. Our most recent consensus estimate is calling for quarterly revenue of $1.51 billion, up 13.66% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.94 per share and revenue of $5.67 billion. These totals would mark changes of +45.72% and +30.16%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Intuitive Surgical, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Intuitive Surgical, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Intuitive Surgical, Inc. is holding a Forward P/E ratio of 69.78. Its industry sports an average Forward P/E of 40.31, so we one might conclude that Intuitive Surgical, Inc. is trading at a premium comparatively.
Also, we should mention that ISRG has a PEG ratio of 6.98. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. ISRG's industry had an average PEG ratio of 2.98 as of yesterday's close.
The Medical - Instruments industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 174, which puts it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.