Intuitive Surgical Inc. (NASDAQ:ISRG) went up by 0.72% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Medical Instruments & Supplies giant went up by $584.64 to trade ended Monday trading at $580.48. This is up from the $580.48 price recorded on Thursday’s trading session. Thanks to this latest performance, ISRG is closer to the higher price 52-week target of $650.00 and further from the lowest price target of $365.00. Its performance from the start of the year has also been negative, with ISRG down by -1.10% year-to-date.
Intuitive Surgical Inc. (ISRG) started the day trading at $588.88 and recorded an intraday high of $591.37. It also recorded an intraday low of $581.1 during Monday’s trading session. Intuitive Surgical Inc. is a very active stock that recorded a trading volume that is less than -46.06% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 495424, which is less than -46.06 of the total average daily trading volume of 723.60K.
Intuitive Surgical Inc. (NASDAQ:ISRG) 2020 Performance Impressive
The increase in ISRG’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of ISRG currently stands at $619.00, which is higher than the current trading price of the stock by 5.55%. However, ISRG’s current trading price is -62.17% lower than the 52-week low price of $360.50. In terms of trading volume, Intuitive Surgical Inc. currently experienced healthy participation during the last trading session. 495424 shares of Intuitive Surgical Inc. were traded on the stock exchange on Monday, which is less than -46.06% of the 723.60K average trading volume of the stock.
The performance of the stock has been positive over the past year. ISRG’s performance over the past one year has seen it surge by 8.82%, while the stock has gone down by -1.47% in the last six months. The quarterly performance of ISRG currently stands at 26.42%, and it is up by 3.61% in the last month. The only positive figure was from the weekly performance, which currently reads 6.33%. At the time of writing ISRG’s report, the company has a total market cap of $67.60B, making it one of the largest publicly-traded companies in the world.Intuitive Surgical Inc. also has over 7326 employees all over the world.
ISRG Insider Activities
For Intuitive Surgical Inc., insiders hold 90.00% of all company shares. The insider transactions over the past six months are up by 4.90%. During that period, insiders bought 177,031 shares in 68 transactions. In that same period, insiders sold 191,365 of their shares in 70 transactions. After these transactions, insiders at Intuitive Surgical Inc. now hold 1.12M shares, which is over 91.32% of the total company stocks. Institutional investors currently hold a large chunk of the ISRG shares, as they control 0.96% of the company’s total stock.
ISRG Fundamental Analysis
For Intuitive Surgical Inc., the stock’s diluted earnings per share (EPS) stands at 11.60. In the coming year, analysts expect the EPS to be 13.12. The EPS growth will up over the next five years to 3.15% after surging by 25.50% in the previous five years. In terms of revenue, Intuitive Surgical Inc.’s quarterly sales (YOY) is growing at 0.74, which is lower than the average annual revenue of 25.50% over the past half a decade.
The Return on Investment (ROI) on Intuitive Surgical Inc.’s stock currently stands at 15.20%, and it has a net profit margin of 30.10%. The operating margin of the company is 30.50%, and its gross margin is 69.00%.
ISRG Analysts Prediction
In April 28, 2020, several analysts reiterated their positions on the Intuitive Surgical Inc. stock and predicted its performance to their investors. The analysts at Piper Sandler believe ISRG is still a Neutral and set the price target between $570 and $510.
Analysts at Deutsche Bank believe that ISRG is Hold, and they have a price target of between $610 and $595. Canaccord Genuity and Canaccord Genuity also believe that Intuitive Surgical Inc.’s stock is outperforming at the moment. ISRG received a positive rating from Wells Fargo, which set a price target of $620-$655 for the stock. Three analysts, Piper Jaffray, Piper Jaffray, and Morgan Stanley, all rate the stock as overweight.
ISRG Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of ISRG currently stands at 1.88%, while the SMA50 is 6.05%. The biggest one is the SMA200, which is currently reading 6.42% ahead of Monday’s trading session. The Relative Strength Index of this stock is 58.92, while its price to earnings ratio (P/E) is 50.41.