There is no shortage of investors who are bullish on Intuitive Surgical Inc (ISRG) stock

Intuitive Surgical Inc [ISRG] stock prices are down -0.44% to $518.86 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ISRG shares have gain 6.41% over the last week, with a monthly amount glided 6.72%, 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 August 02, 2024, when Redburn Atlantic upgraded its rating to a Buy and also boosted its price target to $510 from $380. Previously, Citigroup reaffirmed its Buy rating on July 10, 2024, and elevated its price target to $512. On May 30, 2024, Goldman initiated with a Buy rating and assigned a price target of $500 on the stock. HSBC Securities started tracking the stock assigning a Buy rating and suggested a price target of $318 on November 17, 2023. Robert W. Baird initiated its recommendation with a Outperform and recommended $377 as its price target on July 19, 2023. Wells Fargo reiterated a Overweight rating for this stock on April 19, 2023, and upped its price target to $310. In a note dated April 19, 2023, Truist reiterated an Buy rating on this stock and boosted its target price from $300 to $325.

The stock price of Intuitive Surgical Inc [ISRG] has been fluctuating between $254.85 and $523.34 over the past year. Currently, Wall Street analysts expect the stock to reach $449.14 within the next 12 months. Intuitive Surgical Inc [NASDAQ: ISRG] shares were valued at $518.86 at the most recent close of the market. An investor can expect a potential drop of -13.44% based on the average ISRG price forecast.

Analyzing the ISRG fundamentals

The Intuitive Surgical Inc [NASDAQ:ISRG] reported sales of 7.87B for trailing twelve months, representing a surge of 16.88%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.16 and Total Capital is 0.13.

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 514.72 points at the first support level, and at 510.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 522.83, and for the 2nd resistance point, it is at 526.81.

Ratios To Look Out For

It’s worth pointing out that Intuitive Surgical Inc [NASDAQ:ISRG]’s Current Ratio is 4.30. On the other hand, the Quick Ratio is 3.42, and the Cash Ratio is 1.44. Considering the valuation of this stock, the price to sales ratio is 23.44, the price to book ratio is 11.86 and price to earnings (TTM) ratio is 83.40.

Transactions by insiders

Recent insider trading involved Ladd Amy L, Director, that happened on Sep 13 ’24 when 450.0 shares were sold., Brosius Mark completed a deal on Sep 12 ’24 to sell 2115.0 shares. Meanwhile, Director AMY L LADD bought 450.0 shares on Sep 13 ’24.

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