Intuitive Surgical Inc [ISRG] stock prices are down -1.94% to $436.24 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ISRG shares have gain 1.68% over the last week, with a monthly amount glided 8.14%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Intuitive Surgical Inc [NASDAQ: ISRG] stock has seen the most recent analyst activity on May 30, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $500. Previously, HSBC Securities started tracking the stock with Buy rating on November 17, 2023, and set its price target to $318. On July 19, 2023, Robert W. Baird initiated with a Outperform rating and assigned a price target of $377 on the stock. Wells Fargo reiterated its Overweight rating and increased its price target to $310 on April 19, 2023. Truist reiterated its recommendation of a Buy and raised its price target to $325 on April 19, 2023. Stifel reiterated a Buy rating for this stock on April 19, 2023, and upped its price target to $315. In a note dated April 19, 2023, RBC Capital Mkts reiterated an Outperform rating on this stock and boosted its target price from $305 to $309.
The stock price of Intuitive Surgical Inc [ISRG] has been fluctuating between $254.85 and $447.11 over the past year. Currently, Wall Street analysts expect the stock to reach $355 within the next 12 months. Intuitive Surgical Inc [NASDAQ: ISRG] shares were valued at $436.24 at the most recent close of the market. An investor can expect a potential drop of -18.62% based on the average ISRG price forecast.
Analyzing the ISRG fundamentals
The Intuitive Surgical Inc [NASDAQ:ISRG] reported sales of 7.32B for trailing twelve months, representing a surge of 11.46%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.15 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 430.65 points at the first support level, and at 425.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 444.96, and for the 2nd resistance point, it is at 453.69.
Ratios To Look Out For
It’s worth pointing out that Intuitive Surgical Inc [NASDAQ:ISRG]’s Current Ratio is 5.55. Also, the Quick Ratio is 4.61, while the Cash Ratio stands at 2.06. Considering the valuation of this stock, the price to sales ratio is 21.14, the price to book ratio is 11.08 and price to earnings (TTM) ratio is 78.71.
Transactions by insiders
Recent insider trading involved BARRATT CRAIG H, Director, that happened on Jun 12 ’24 when 1400.0 shares were sold. EVP & Chief Strategy & Corp Op, DeSantis Robert completed a deal on Jun 10 ’24 to sell 239.0 shares. Meanwhile, Director BARRATT CRAIG H sold 1400.0 shares on Jun 05 ’24.
