Intuitive Surgical Inc. (NASDAQ:ISRG) finished Wednesday with a subtraction of -$4.51 to close at $195.04, a downside of -2.26 percent. An average of 2,041,060 shares of common stock have been traded in the last five days. There was a fall of -$15.74 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 1,810,470 shares traded, while the 50-day average volume stands at 1,978,528.
ISRG stock has decreased by -10.75% in the last month. The company shares reached their 1-month lowest point of $195.00 on 09/21/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $186.83 and a high of $369.69 in 52 weeks. It has reached a new high 2 times so far this year and lost -45.72% or -$164.26 in price. In spite of this, the price is down -47.24% from the 52-week high.
Top 5 Cheap Stocks to Own Right Now
While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.
Sign up here to get your free report now. .
14 days have passed since Intuitive Surgical Inc. (ISRG) last reported insider trading activity. Johnson Amal M, who is Director, most recently acquired $6,375 shares at $210.76 per share on Sep 08. In this transaction, the insider spent $1,343,584. Director, Ladd Amy L, disposed of 600 shares at a price of $237.03 on Aug 15. The insider now owns more than $142,218 worth of shares. Prior to that, Director Johnson Amal M went on to Sale 6,375 shares at $238.04 each on Aug 03. An amount of $1,517,487 was transacted.
Intuitive Surgical Inc. (ISRG) has a trailing price-to-earnings (P/E) ratio of 49.82. The stock’s beta is 1.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 11.87, the price-to-book (PB) ratio at 5.81, and the price-to-cash flow ratio at 54.70.
The quick ratio of Intuitive Surgical Inc. for the three months ended June 29 was 4.70, and the current ratio was 5.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $3.96 billion compared to revenue of $5.71 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Intuitive Surgical Inc.’s return on assets was 10.70%.
For the three-month period that ended June 29, Intuitive Surgical Inc. had $2.9 billion in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $307.8 million in the quarter, while revenues of $365.6 million were shrunk -68.03%. The analyst consensus anticipated Intuitive Surgical Inc.’s latest quarter earnings to come in at $1.19 per share, but it turned out to be $1.14, a -4.20% surprise. For the quarter, EBITDA amounted to $490.6 million. At the end of the quarter ending June 29, Intuitive Surgical Inc.’s stock balance sheet showed total liabilities of 1.62 billion. Shareholders own equity worth $357.11 million.
From a technical analysis perspective, let’s take a brief look at Intuitive Surgical Inc. (ISRG) price momentum. RSI 9-day as of the close on 21 September was 26.24%, suggesting the stock is oversold, with historical volatility in this time frame at 30.84%.
As of today, ISRG’s price is $202.54 -7.47% or -$15.74 from its 5-day moving average. ISRG is currently trading -10.04% lower than its 20-day SMA and -19.82% lower than its 100-day SMA. However, the stock’s current price level is -3.51% below the SMA50 and -39.36% below the SMA200.
The stochastic %K and %D were 7.40% and 16.17%, respectively, and the average true range (ATR) was 6.78. With the 14-day stochastic at 0.14% and the average true range at 6.80, the RSI (14) stands at 32.32%. The stock has reached -9.76 on the 9-day MACD Oscillator while the 14-day reading was at -9.35.
Truist launched coverage on Intuitive Surgical Inc. (NASDAQ: ISRG) in its analyst report released on April 13, 2022. The firm assigned the stock a Buy rating. The consensus rating for Intuitive Surgical Inc. (ISRG) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ISRG, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 11 others rate it as a “buy”.
What is ISRG’s price target for the next 12 months?
Analysts predict a range of price targets between $175.00 and $325.00, with a median target of $255.00. Taking a look at these predictions, the average price target given by analysts for Intuitive Surgical Inc. (ISRG) stock is $250.87.