Intuitive Surgical Inc (ISRG): A Technical Analysis

Intuitive Surgical Inc (NASDAQ: ISRG) has a higher price-to-earnings ratio of 87.94x compared to its average ratio. ISRG has 36-month beta value of 1.39. Analysts have mixed views on the stock, with 14 analysts rating it as a “buy,” 8 as “overweight,” 8 as “hold,” and 1 as “sell.”

The public float for ISRG is 353.99M, and currently, short sellers hold a 1.09% ratio of that float. The average trading volume of ISRG on November 21, 2024 was 1.24M shares.

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ISRG) stock’s latest price update

Intuitive Surgical Inc (NASDAQ: ISRG)’s stock price has soared by 0.98 in relation to previous closing price of 541.82. Nevertheless, the company has seen a gain of 1.73% in its stock price over the last five trading days. zacks.com reported 2024-11-19 that These five stocks have provided 50% returns year to date. Despite the rally, their favorable Zacks Rank indicates more room to run.

ISRG’s Market Performance

Intuitive Surgical Inc (ISRG) has experienced a 1.73% rise in stock performance for the past week, with a 6.74% rise in the past month, and a 12.45% rise in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 1.86% for ISRG. The simple moving average for the last 20 days is 4.26% for ISRG’s stock, with a simple moving average of 24.60% for the last 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 8.66% 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 able to rebound, for now settling with 0.50% of gains for the given period.

Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +6.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.24% upper at present.

During the last 5 trading sessions, ISRG rose by +1.27%, which changed the moving average for the period of 200-days by +39.15% in comparison to the 20-day moving average, which settled at $524.65. In addition, Intuitive Surgical Inc saw 62.18% 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 Curet Myriam, who sale 13,466 shares at the price of $535.96 back on Nov 12 ’24. After this action, Curet Myriam now owns 298 shares of Intuitive Surgical Inc, valued at $7,217,196 using the latest closing price.

Samath Jamie sale 22,903 shares at $525.00 during a trade that took place back on Nov 08 ’24, which means that Samath Jamie is holding 8,757 shares at $12,024,075 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 0.29. The total capital return value is set at 0.13. Equity return is now at value 15.95, with 13.82 for asset returns.

Currently, EBITDA for the company is 2.39 billion with net debt to EBITDA at -0.96. When we switch over and look at the enterprise to sales, we see a ratio of 24.48. The receivables turnover for the company is 6.1for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.30.

Conclusion

To put it simply, Intuitive Surgical Inc (ISRG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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