Intuitive Surgical Inc. [NASDAQ: ISRG] stock went on a downward path that fall over -4.20% on Wednesday, amounting to a one-week price decrease of less than -3.72%. The company report on January 11, 2023 that Intuitive Announces Preliminary Fourth Quarter and Full Year 2022 Results.
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Over the last 12 months, ISRG stock dropped by -20.14%. The one-year Intuitive Surgical Inc. stock forecast points to a potential upside of 8.16. The average equity rating for ISRG stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $91.26 billion, with 355.30 million shares outstanding and 351.65 million shares in the current float. Compared to the average trading volume of 2.16M shares, ISRG stock reached a trading volume of 3505722 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Intuitive Surgical Inc. [ISRG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ISRG shares is $283.05 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ISRG stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Intuitive Surgical Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on October 18, 2022. While these analysts kept the previous recommendation, Mizuho raised their target price to Neutral. The new note on the price target was released on October 13, 2022, representing the official price target for Intuitive Surgical Inc. stock. Previously, the target price had yet another raise to $210, while Jefferies analysts kept a Hold rating on ISRG stock.
The Average True Range (ATR) for Intuitive Surgical Inc. is set at 7.57, with the Price to Sales ratio for ISRG stock in the period of the last 12 months amounting to 14.92. The Price to Book ratio for the last quarter was 8.02, with the Price to Cash per share for the same quarter was set at 12.65. Price to Free Cash Flow for ISRG in the course of the last twelve months was 84.90 with Quick ratio for the last quarter at 4.40.
ISRG Stock Performance Analysis:
Intuitive Surgical Inc. [ISRG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.72. With this latest performance, ISRG shares dropped by -3.93% in over the last four-week period, additionally plugging by 28.65% over the last 6 months – not to mention a drop of -20.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ISRG stock in for the last two-week period is set at 45.48, with the RSI for the last a single of trading hit 40.95, and the three-weeks RSI is set at 49.15 for Intuitive Surgical Inc. [ISRG]. The present Moving Average for the last 50 days of trading for this stock 262.12, while it was recorded at 267.05 for the last single week of trading, and 233.63 for the last 200 days.
Insight into Intuitive Surgical Inc. Fundamentals:
Intuitive Surgical Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.40 and a Current Ratio set at 5.10.
ISRG Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ISRG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Intuitive Surgical Inc. go to 8.74%.
Intuitive Surgical Inc. [ISRG] Insider Position Details
There are presently around $75,856 million, or 86.60% of ISRG stock, in the hands of institutional investors. The top three institutional holders of ISRG stocks are: VANGUARD GROUP INC with ownership of 29,283,566, which is approximately 0.975% of the company’s market cap and around 0.49% of the total institutional ownership; BLACKROCK INC., holding 27,887,777 shares of the stock with an approximate value of $7.25 billion in ISRG stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $6.38 billion in ISRG stock with ownership of nearly -4.537% of the company’s market capitalization.
Positions in Intuitive Surgical Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 621 institutional holders increased their position in Intuitive Surgical Inc. [NASDAQ:ISRG] by around 15,820,875 shares. Additionally, 601 investors decreased positions by around 18,069,143 shares, while 198 investors held positions by with 257,909,762 shares. The mentioned changes placed institutional holdings at 291,799,780 shares, according to the latest SEC report filing. ISRG stock had 116 new institutional investments in for a total of 1,957,143 shares, while 104 institutional investors sold positions of 997,719 shares during the same period.