Intuitive Surgical Inc (NASDAQ: ISRG) has reported E.P.S. of $1.59 for its third fiscal quarter (ending September 30) versus $1.18 for the same period a year ago — an increase of 35%. However, this performance was $-0.05 short of the consensus estimate of $1.64. E.P.S. were $6.33 for the latest four quarters through September 30 versus $4.33 for the same period a year ago — an increase of 46%.
Recent Price Action
Intuitive Surgical Inc (NASDAQ: ISRG) stock closed at $473.73 on 10/17/24 after a slight decline of -0.6%. Moreover, this decline was accompanied by unusually high trading volume at 172% of normal. The stock has declined -3.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ISRG’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Intuitive Surgical has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Intuitive Surgical has a very low Appreciation Score of 14 but a good Power Rating of 83, resulting in 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.
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