Intuitive Surgical, Inc. (ISRG) Stock Sinks As Market Gains: What You Should Know

August 27, 2021 3 min read

This myth at the origin seemed on Zacks

Intuitive Surgical, Inc. (ISRG) closed at $1,036.52 in basically the most up-to-date trading session, marking a -0.55% dash from the prior day. This swap lagged the S&P 500’s 0.88% manufacture on the day.

Earlier than recently’s trading, shares of the firm had gained 6.19% over the previous month. This has outpaced the Clinical sector’s manufacture of two.78% and the S&P 500’s manufacture of 1.2% in that point.

ISRG will doubtless be taking a ogle to point out energy because it nears its next earnings open. In that document, analysts ask ISRG to submit earnings of $3.60 per share. This is able to imprint year-over-year suppose of 29.96%. Meanwhile, our most up-to-date consensus estimate is calling for revenue of $1.4 billion, up 29.88% from the prior-year quarter.

ISRG’s rotund-year Zacks Consensus Estimates are calling for earnings of $14.80 per share and revenue of $5.65 billion. These outcomes would signify year-over-year changes of +45.67% and +29.53%, respectively.

Investors could additionally check out most up-to-date changes to analyst estimates for ISRG. These most up-to-date revisions are inclined to have the evolving nature of short enterprise dispositions. As such, saunter estimate revisions have analyst optimism in regards to the firm’s enterprise and profitability.

Primarily based mostly on our research, we have these estimate revisions are straight associated to end to-workforce stock moves. Investors can capitalize on this by the utilization of the Zacks Inferior. This mannequin considers these estimate changes and offers a easy, actionable rating machine.

The Zacks Inferior machine ranges from #1 (Solid Fetch) to #5 (Solid Promote). It has a unheard of, delivery air-audited note document of success, with #1 stocks turning in a median annual return of +25% since 1988. True thru the previous 30 days, our consensus EPS projection remained stagnant. ISRG currently has a Zacks Inferior of #2 (Fetch).

Valuation is also primary, so investors should always mute present that ISRG has a Forward P/E ratio of 70.45 honest now. This valuation marks a top payment when put next with its change’s moderate Forward P/E of 40.27.

Meanwhile, ISRG’s PEG ratio is currently 7.29. The PEG ratio is reminiscent of the generally-feeble P/E ratio, but this metric also takes the firm’s anticipated earnings suppose payment into yarn. Clinical – Instruments stocks are, on moderate, preserving a PEG ratio of three.29 essentially based mostly mostly on the day gone by’s closing costs.

The Clinical – Instruments change is fragment of the Clinical sector. This change currently has a Zacks Trade Inferior of 173, which puts it within the underside 32% of all 250+ industries.

The Zacks Trade Inferior gauges the energy of our individual change groups by measuring the frequent Zacks Inferior of the individual stocks for the period of the groups. Our research displays that the live 50% rated industries outperform the underside half by a teach of two to 1.

It’s essential to perhaps in actual fact follow all of these stock-though-provoking metrics, and hundreds extra, on Zacks.com.

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Intuitive Surgical, Inc. (ISRG): Free Stock Prognosis Document

 

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