The stock of Intuitive Surgical Inc (NASDAQ: ISRG) has increased by 1.64 when compared to last closing price of 482.09. Despite this, the company has experienced a -0.81% fall in its stock price over the last five trading sessions. zacks.com reported 2024-09-19 that In the closing of the recent trading day, Intuitive Surgical, Inc. (ISRG) stood at $490.01, denoting a +1.64% change from the preceding trading day.
Is It Worth Investing in Intuitive Surgical Inc (NASDAQ: ISRG) Right Now?
The price-to-earnings ratio for Intuitive Surgical Inc (NASDAQ: ISRG) is 84.14x, which is above its average ratio. Moreover, the 36-month beta value for ISRG is 1.40. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for ISRG is 352.94M and currently, short sellers hold a 1.12% of that float. On September 20, 2024, ISRG’s average trading volume was 1.50M shares.
ISRG’s Market Performance
ISRG’s stock has seen a -0.81% decrease for the week, with a 1.41% rise in the past month and a 13.28% gain in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 1.83% for Intuitive Surgical Inc The simple moving average for the past 20 days is 1.07% for ISRG’s stock, with a 21.68% simple moving average for the past 200 days.
Analysts’ Opinion of ISRG
Many brokerage firms have already submitted their reports for ISRG stocks, with Redburn Atlantic repeating the rating for ISRG by listing it as a “Buy.” The predicted price for ISRG in the upcoming period, according to Redburn Atlantic is $510 based on the research report published on August 02, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see ISRG reach a price target of $512, previously predicting the price at $462. The rating they have provided for ISRG stocks is “Buy” according to the report published on July 10th, 2024.
Goldman gave a rating of “Buy” to ISRG, setting the target price at $500 in the report published on May 30th of the current year.
ISRG Trading at 5.31% from the 50-Day Moving Average
After a stumble in the market that brought ISRG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.24% of loss for the given period.
Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares surge +0.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.18% upper at present.
During the last 5 trading sessions, ISRG fell by -0.81%, which changed the moving average for the period of 200-days by +55.46% in comparison to the 20-day moving average, which settled at $484.97. In addition, Intuitive Surgical Inc saw 45.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ISRG starting from Ladd Amy L, who sale 450 shares at the price of $490.28 back on Sep 13 ’24. After this action, Ladd Amy L now owns 821 shares of Intuitive Surgical Inc, valued at $220,626 using the latest closing price.
Brosius Mark, the of Intuitive Surgical Inc, sale 2,115 shares at $491.91 during a trade that took place back on Sep 12 ’24, which means that Brosius Mark is holding 295 shares at $1,040,390 based on the most recent closing price.
Stock Fundamentals for ISRG
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.67 for the gross margin
The net margin for Intuitive Surgical Inc stands at 0.28. The total capital return value is set at 0.13. Equity return is now at value 15.75, with 13.71 for asset returns.
Based on Intuitive Surgical Inc (ISRG), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 16.72. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 68.04.
Currently, EBITDA for the company is 2.19 billion with net debt to EBITDA at -1.26. When we switch over and look at the enterprise to sales, we see a ratio of 22.59. The receivables turnover for the company is 6.09for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.15.
Conclusion
To wrap up, the performance of Intuitive Surgical Inc (ISRG) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
