During the recent session, Intuitive Surgical Inc (NASDAQ:ISRG)’s traded shares were 1.32 million, with the beta value of the company hitting 1.40. At the last check today, the stock’s price was $584.86, reflecting an intraday loss of -3.91% or -$23.8. The 52-week high for the ISRG share is $616.00, that puts it down -5.32 from that peak though still a striking 38.08% gain since the share price plummeted to a 52-week low of $362.14. The company’s market capitalization is $208.32B, and the average intraday trading volume over the past 10 days was 2.06 million shares, and the average trade volume was 1.41 million shares over the past three months.
Intuitive Surgical Inc (ISRG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.88. ISRG has a Sell rating from 0 analyst(s) out of 17 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.74.
Intuitive Surgical Inc (NASDAQ:ISRG) trade information
Intuitive Surgical Inc (ISRG) registered a -3.91% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.91% in intraday trading to $584.86, hitting a weekly high. The stock’s 5-day price performance is 0.13%, and it has moved by 11.52% in 30 days. Based on these gigs, the overall price performance for the year is 57.47%. The short interest in Intuitive Surgical Inc (NASDAQ:ISRG) is 4.4 million shares and it means that shorts have 3.39 day(s) to cover.
The consensus price target of analysts on Wall Street is $552.5, which implies a decrease of -5.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $466 and $650 respectively. As a result, ISRG is trading at a discount of -11.14% off the target high and 20.32% off the low.
Intuitive Surgical Inc (ISRG) estimates and forecasts
Statistics show that Intuitive Surgical Inc has underperformed its competitors in share price, compared to the industry in which it operates. Intuitive Surgical Inc (ISRG) shares have gone up 28.82% during the last six months, with a year-to-date growth rate less than the industry average at 7.22% against 14.40. In the rating firms’ projections, revenue will increase 14.51% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.19B as predicted by 23 analyst(s). Meanwhile, a consensus of 23 analyst(s) estimates revenue growth to 2.34B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.89B and 2.01B respectively. In this case, analysts expect current quarter sales to grow by 15.63% and then jump by 16.28% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 9.71%. While earnings are projected to return 9.14% in 2025, the next five years will return 16.14% per annum.
ISRG Dividends
Intuitive Surgical Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Intuitive Surgical Inc (NASDAQ:ISRG)’s Major holders
Intuitive Surgical Inc insiders own 0.52% of total outstanding shares while institutional holders control 89.30%, with the float percentage being 89.77%. VANGUARD GROUP INC is the largest shareholder of the company, while 2731.0 institutions own stock in it. As of 2024-06-30, the company held over 31.6 million shares (or 8.9396% of all shares), a total value of $14.06 billion in shares.
The next largest institutional holding, with 30.12 million shares, is of BLACKROCK INC.’s that is approximately 8.5211% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $13.4 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Intuitive Surgical Inc (ISRG) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 11.27 shares. This amounts to just over 3.16 percent of the company’s overall shares, with a $6.55 billion market value. The same data shows that the other fund manager holds slightly less at 9.29, or about 2.61% of the stock, which is worth about $5.4 billion.
