Intuitive Surgical Inc [NASDAQ: ISRG] traded at a low on Wednesday, posting a -0.36 loss after which it closed the day’ session at $370.07. The company report on January 23, 2024 at 4:05 PM that Intuitive Announces Fourth Quarter Earnings.
The results of the trading session contributed to over 4933524 shares changing hands. Over the past one week, the price volatility of Intuitive Surgical Inc stands at 2.74% while the volatility over the past one month is 2.09%.
The market cap for ISRG stock reached $130.29 billion, with 350.00 million shares outstanding and 349.57 million shares in the current float. Compared to the average trading volume of 1.76M shares, ISRG reached a trading volume of 4933524 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $398.15 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 1.97. 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.
HSBC Securities have made an estimate for Intuitive Surgical Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 17, 2023.
The Average True Range (ATR) for Intuitive Surgical Inc is set at 9.31, with the Price to Sales ratio for ISRG stock in the period of the last 12 months amounting to 18.29. The Price to Book ratio for the last quarter was 10.39, with the Price to Cash per share for the same quarter was set at 20.86. Price to Free Cash Flow for ISRG in the course of the last twelve months was 118.27 with Quick ratio for the last quarter at 4.63.
How has ISRG stock performed recently?
Intuitive Surgical Inc [ISRG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.12. With this latest performance, ISRG shares gained by 10.98% in over the last four-week period, additionally plugging by 11.84% over the last 6 months – not to mention a rise of 44.57% 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 69.10, with the RSI for the last a single of trading hit 68.80, and the three-weeks RSI is set at 68.22 for Intuitive Surgical Inc [ISRG]. The present Moving Average for the last 50 days of trading for this stock 327.74, while it was recorded at 372.81 for the last single week of trading, and 309.12 for the last 200 days.
Intuitive Surgical Inc [ISRG]: Deeper insight into the fundamentals
Intuitive Surgical Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.63 and a Current Ratio set at 5.31.
Earnings analysis for Intuitive Surgical Inc [ISRG]
With the latest financial reports released by the company, Intuitive Surgical Inc posted 1.23/share EPS, while the average EPS was predicted by analysts to be reported at 1.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.50%. 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 15.66%.
Insider trade positions for Intuitive Surgical Inc [ISRG]
The top three institutional holders of ISRG stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in ISRG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in ISRG stock with ownership which is approximately 5.8325%.
