Intuitive Surgical, Inc. (NASDAQ:ISRG – Get Rating) noticed a big decline in brief curiosity throughout the month of November. As of November fifteenth, there was quick curiosity totalling 6,260,000 shares, a decline of 10.6% from the October thirty first complete of seven,000,000 shares. Based mostly on a median each day quantity of two,160,000 shares, the short-interest ratio is presently 2.9 days.
Intuitive Surgical Worth Efficiency
Shares of Intuitive Surgical stock opened at $269.72 on Tuesday. The agency has a market capitalization of $95.32 billion, a PE ratio of 71.17, a price-to-earnings-growth ratio of 6.08 and a beta of 1.38. The corporate’s fifty day shifting common value is $231.23 and its two-hundred day shifting common value is $220.18. Intuitive Surgical has a 52-week low of $180.07 and a 52-week excessive of $369.21.
Intuitive Surgical (NASDAQ:ISRG – Get Rating) final introduced its quarterly earnings outcomes on Tuesday, October 18th. The medical tools supplier reported $0.90 earnings per share (EPS) for the quarter, lacking the consensus estimate of $0.91 by ($0.01). The enterprise had income of $1.56 billion throughout the quarter, in comparison with the consensus estimate of $1.52 billion. Intuitive Surgical had a internet margin of twenty-two.52% and a return on fairness of 11.54%. The corporate’s quarterly income was up 11.0% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the agency earned $1.04 EPS. Analysts predict that Intuitive Surgical will submit 3.74 earnings per share for the present fiscal yr.
Analyst Upgrades and Downgrades
ISRG has been the subject of a variety of analysis analyst stories. Wells Fargo & Firm lowered their value goal on shares of Intuitive Surgical from $265.00 to $248.00 and set an “chubby” ranking on the inventory in a analysis report on Wednesday, October nineteenth. Jefferies Monetary Group initiated protection on shares of Intuitive Surgical in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking and a $210.00 value goal on the inventory. Stifel Nicolaus boosted their value goal on shares of Intuitive Surgical from $250.00 to $260.00 and gave the corporate a “purchase” ranking in a analysis report on Friday, September ninth. Piper Sandler boosted their value goal on shares of Intuitive Surgical from $260.00 to $265.00 and gave the corporate an “chubby” ranking in a analysis report on Wednesday, October nineteenth. Lastly, Citigroup decreased their value goal on shares of Intuitive Surgical from $243.00 to $237.00 in a analysis be aware on Wednesday, October fifth. Eight analysts have rated the inventory with a maintain ranking and fourteen have assigned a purchase ranking to the corporate’s inventory. In response to information from MarketBeat, the inventory has a median ranking of “Average Purchase” and a median goal value of $264.68.
Insider Transactions at Intuitive Surgical
In different information, CEO Gary S. Guthart bought 44,203 shares of Intuitive Surgical inventory in a transaction that occurred on Friday, October twenty first. The shares have been bought at a median value of $210.84, for a complete worth of $9,319,760.52. Following the transaction, the chief govt officer now owns 23,297 shares of the corporate’s inventory, valued at roughly $4,911,939.48. The sale was disclosed in a submitting with the Securities & Trade Fee, which is accessible via the SEC website. In different information, CEO Gary S. Guthart bought 44,203 shares of Intuitive Surgical inventory in a transaction that occurred on Friday, October twenty first. The shares have been bought at a median value of $210.84, for a complete worth of $9,319,760.52. Following the transaction, the chief govt officer now instantly owns 23,297 shares of the corporate’s inventory, valued at $4,911,939.48. The transaction was disclosed in a authorized submitting with the SEC, which is accessible via this hyperlink. Additionally, Director Amal M. Johnson bought 6,375 shares of Intuitive Surgical inventory in a transaction that occurred on Thursday, September eighth. The inventory was bought at a median value of $210.76, for a complete transaction of $1,343,595.00. Following the completion of the transaction, the director now instantly owns 11,224 shares within the firm, valued at $2,365,570.24. The disclosure for this sale will be discovered here. Insiders have bought 72,953 shares of firm inventory valued at $15,867,996 within the final quarter. Insiders personal 0.90% of the corporate’s inventory.
Institutional Traders Weigh In On Intuitive Surgical
Institutional buyers and hedge funds have just lately purchased and bought shares of the enterprise. Dynamic Advisor Options LLC grew its holdings in shares of Intuitive Surgical by 33.5% within the 2nd quarter. Dynamic Advisor Options LLC now owns 2,540 shares of the medical tools supplier’s inventory value $510,000 after buying a further 638 shares over the last quarter. Sumitomo Mitsui DS Asset Administration Firm Ltd grew its holdings in shares of Intuitive Surgical by 2.6% within the 2nd quarter. Sumitomo Mitsui DS Asset Administration Firm Ltd now owns 37,616 shares of the medical tools supplier’s inventory value $7,550,000 after buying a further 952 shares over the last quarter. Raymond James Monetary Providers Advisors Inc. grew its holdings in shares of Intuitive Surgical by 0.7% within the 1st quarter. Raymond James Monetary Providers Advisors Inc. now owns 88,814 shares of the medical tools supplier’s inventory value $26,793,000 after buying a further 578 shares over the last quarter. Checchi Capital Advisers LLC grew its holdings in shares of Intuitive Surgical by 9.8% within the 2nd quarter. Checchi Capital Advisers LLC now owns 3,166 shares of the medical tools supplier’s inventory value $729,000 after buying a further 282 shares over the last quarter. Lastly, BI Asset Administration Fondsmaeglerselskab A S purchased a brand new stake in shares of Intuitive Surgical within the 1st quarter value about $2,192,000. Institutional buyers personal 82.44% of the corporate’s inventory.
Intuitive Surgical Firm Profile
Intuitive Surgical, Inc develops, manufactures, and markets merchandise that allow physicians and healthcare suppliers to reinforce the standard of and entry to minimally invasive care in the USA and internationally. The corporate gives the da Vinci Surgical System to allow complicated surgical procedure utilizing a minimally invasive strategy; and Ion endoluminal system, which extends its industrial choices past surgical procedure into diagnostic procedures enabling minimally invasive biopsies within the lung.
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