Intuitive Surgical (ISRG) stock: impressive results this year

4:06 pm ET, 17 Oct 2018

Intuitive Surgical, Inc. (ISRG) shares are trading at $543.45, up 0.10%. The company is announcing its quarterly earnings results on Thursday after the market close. What's driving ISRG stock price? What's ISRG stock price forecast?

Intuitive Surgical is well-known for developing robotic products which are designed to improve patients' clinical outcomes through minimally invasive surgery. Lately, the stock has performed well: it generated a return of 44% in the past year.  

Intuitive's procedure growth continues to exceed analysts' expectations. The strong uptake of robotic-assisted surgery in general surgery is driving the stock price up. Midway through the year, Intuitive's procedure growth sits at 17%, well above the company's guidance. 

Investors love the stock as the company is a leader in the medical robotics industry. On the other hand, some investors feel that the stock is overvalued now. The last quarter’s revenue rose 20% to $909.3 million and earnings per share came at $2.76 compared to $2.00 for the same period last year. The company shipped 220 da Vinci Surgical instruments in the second quarter.

The third-quarter results will be released after market close on October 18, 2018. Analysts expect the company to earn $2.66 per share on revenue of $913.67 million. The company beat analysts’ estimates in the previous four quarters.

What is the sentiment towards the ISRG stock? Our technical analysis shows that:

  • The stock short-term sentiment (next 30 days) is trending negative;
  • The mid-term sentiment (3-6 months) is trending positive;
  • The long-term sentiment (9-12 months) is trending positive. 

Over the last month, Intuitive Surgical, Inc. (ISRG) returned +2.23%.

Intuitive Surgical, Inc. (ISRG) forward P/E ratio is 46.92, and it’s high compared to its industry peers’ P/E ratio.

Intuitive Surgical, Inc. (ISRG) average analyst price target ($548.06) is -0.12% below its current price ($548.71).

For the latest price and information on Intuitive Surgical, Inc., please visit Finstead and search for "ISRG price" or "ISRG news".

Intuitive Surgical, Inc. (ISRG) Stock Guide

Updated at: 1:56 am ET, 18 Sep 2020

Before we start: if you're looking for ISRG stock price, you can quickly find it out by visiting Finny and typing "ISRG quote". If you're looking for a quick scoop on ISRG stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ISRG". You'll get all this info in one place. Or you can just type "ISRG news" to get the latest stock news.

Looking to buy or sell Intuitive Surgical, Inc. (ISRG)? Interested in getting the full scoop on ISRG, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this ISRG stock guide, we'll address key questions about ISRG, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are ISRG earnings?
2. ISRG buy or sell? What is ISRG Finny Score?
3. What are the reasons to buy ISRG? Why should I buy ISRG stock?
4. What are the reasons to sell ISRG? Why should I sell ISRG stock?
5. What are ISRG key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are ISRG earnings?

ISRG trailing 12-month earnings per share (EPS) is $9.50.

Analysis

2. ISRG buy or sell? What is ISRG Finny Score?

#{finnyScore:0}Our quantitative analysis shows 0 reasons to buy and 9 reasons to sell ISRG, resulting in Finny Score of 0.

3. What are the reasons to buy ISRG? Why should I buy ISRG stock?

Here are the reasons to buy ISRG stock:

  • The da Vinci system can assist multiple types of surgeries across numerous specialities, allowing hospitals to drive more procedures through the same platform. This diverse usage base also insulates Intuitive Surgical from potential specialised rival devices.
  • Intuitive Surgical's large installed base generates ongoing high-margin instrument sales and service revenue, while providing the clinical case history sought by surgeons and hospital administrators.
  • Intuitive Surgical has no direct rivals and a growing base of users who are building their careers on proficiency with da Vinci.

4. What are the reasons to sell ISRG? Why should I sell ISRG stock?

Let's look at the reasons to sell ISRG stock (i.e., the bear case):

  • We may be seeing the emergence of some competition, particularly for lower-cost procedures.
  • The firm's average utilisation rate is well below its maximum, particularly outside the United States. With greenfield system placements slowing, incremental installs will be more challenging, as hospitals will try to maximize the existing da Vincis' utility.
  • Robotic gynaecology has slowed and will likely continue to decline in the foreseeable future (along with hysterectomy in general) owing to the general overusage of this procedure in the U.S.
  • ISRG stock price ($722.56) is at the 52-week high. Perhaps now is a good time to sell? See ISRG price chart.
  • ISRG quarterly revenue growth was -22.50%, lower than the industry and sector average revenue growth (2.14% and 0.83%, respectively). See ISRG revenue growth chart.
  • ISRG profitability is declining. The YoY profit margin change was -6.12 percentage points. See ISRG profitability chart.
  • ISRG forward P/E ratio is 56.96, which is high compared to its industry peers’ P/E ratios. See ISRG forward P/E ratio chart.
  • ISRG Price/Book ratio is 9.93, which is high compared to its industry peers’ P/B ratios. See ISRG forward Price/Book ratio chart.
  • ISRG Price/Sales ratio is 19.92, which is high compared to its industry peers’ P/S ratios. See ISRG forward Price/Sales ratio chart.
  • ISRG PEG ratio (P/E adjusted for growth) is 14.61, which is high compared to its industry peers’ PEG ratios. See ISRG PEG chart.
  • ISRG short interest (days to cover the shorts) ratio is 3.13. The stock garners more short interest than the average industry, sector or S&P 500 stock. See ISRG short interest ratio chart.
  • ISRG Enterprise Value/Revenue multiple is 18.60, which is high compared to its industry peers’ Enterprise Value/Revenue multiples. See ISRG Enterprise Value/Revenue chart.

Key Stats

5. What are ISRG key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for ISRG:

Metrics ISRG
Price $674.04
Average Price Target / Upside N/A
Average Analyst Rating N/A
Forward Dividend Yield 0.00%
Industry Medical Instruments & Supplies
Sector Healthcare
Number of Employees 5,527
Market Cap $86.78B
Forward P/E Ratio 56.96
Price/Book Ratio 19.92
Revenue (TTM) $4.36B
YoY Quarterly Revenue Growth -22.50%
Profit Margin 26.07%

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