Alert: New Earnings Report (4/18/24)-Intuitive Surgical Inc (NASDAQ: ISRG).

out_logo_500#31524.jpg

Intuitive Surgical Inc (NASDAQ: ISRG) has reported E.P.S. of $1.54 for its first fiscal quarter (ending March 31) versus $1.01 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $5.64 versus $3.71 for the same period a year ago.

Recent Price Action

out_mm#31524.jpg
On 4/18/24, Intuitive Surgical Inc (NASDAQ: ISRG) stock declined slightly by -0.4%, closing at $372.63. Moreover, trading volume in this decline was unusually high at 155% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ISRG is expected to continue to be an important Value Builder.

Intuitive Surgical has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Intuitive Surgical has a poor Appreciation Score of 16 but a good Power Rating of 79, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*