Intuitive Surgical, Inc. (ISRG) will report second-quarter 2024 earnings on Jul 18. The Zacks Consensus Estimate for sales and earnings is pegged at $1.97 billion and $1.53 per share, respectively. Earnings per share estimates for ISRG have remained stable at $6.26 and $7.32 for 2024 and 2025, respectively, over the past 60 days.Estimate MovementImage Source: Zacks Investment ResearchIn the last reported quarter, ISRG delivered an earnings surprise of 8.84%. Its earnings beat estimates in each of the traili ...

MARIOS07/iStock via Getty Images Introduction Intuitive Surgical's (NASDAQ:ISRG) stock has rallied another 17% since my Q1 earnings preview in April. I recommended a "buy," noting the company's dominance in robotic surgery, growth, and impressive financial performance. To no surprise, the company delivered solid Q1 results, posting revenues of $1.89 billion and EPS of $1.51, both beating estimates. The article below looks ahead to Q2 earnings. Intuitive Surgical Eyes Revenue Boost with da Vinci 5 Upgrad ...

These two companies have done it before -- and can do it again.Turning $1,000 into $4,000 in a decade by investing in stocks (or anything else) is no small feat. It requires a compound annual growth rate (CAGR) of almost 15%. For reference, the S&P 500's CAGR in the past decade is 13.1%, and that's very high by historical standards. So, this task demands that an investor beat the market by some margin.Though equities that can pull that off aren't easy to find, they exist. Let's consider two stocks that migh ...

PhonlamaiPhoto/iStock via Getty Images Intuitive Surgical (NASDAQ:ISRG) has been a winner in the past year-plus while the Health Care sector has sagged relative to the S&P 500. Within the space, the iShares U.S. Medical Devices ETF (IHI) is barely in the black on a total return basis over the past 52 weeks. This relative weakness comes ahead of the second-quarter earnings season. FactSet data show strong Q2 2024 EPS growth within Health Care, though, so we should see generally upbeat numbers and perhap ...

Intuitive Surgical, Inc. (ISRG) is well-poised for growth in the coming quarters, courtesy of its strength in robotics. The optimism, led by solid results in the last few quarters and its progress on the Artificial Intelligence (AI) front, is expected to contribute further. However, procedure adoption risks and stiff competition persist.Shares of this Zacks Rank #2 (Buy) company have risen 31.8% year to date compared with the industry’s 2.9% growth. The S&P 500 Index has gained 17.7% during the same time fr ...

Intuitive Surgical, Inc. (ISRG) closed the most recent trading day at $442.30, moving -0.5% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.07%. Meanwhile, the Dow experienced a drop of 0.13%, and the technology-dominated Nasdaq saw an increase of 0.14%.Shares of the company have appreciated by 6.25% over the course of the past month, outperforming the Medical sector's loss of 1.99% and the S&P 500's gain of 4.34%.Investors will be eagerly watching for the p ...

Shares of Intuitive Surgical (ISRG) have risen more than 10% in the past month, outperforming the Zacks Medical - Instruments industry’s growth of 0.7% and the broader Zacks Medical sector’s return of 1.6%. The company continued to touch new 52-week highs in the last month and made an all-time high of $448.10 on Jul 1, before declining almost 1.9%.We believe that the recent momentum will continue this month as investors remain upbeat about Intuitive Surgical’s robot-based da Vinci surgical system, which has ...

Healthcare businesses tend to hold up through various economic cycles.The stock market is cyclical, and many industries are as well. However, some sectors are more resilient to the changing economic tides than others, and healthcare is one of them.Healthcare companies are often providing life-saving drugs and devices, as well as other essential products and services to consumers who need them no matter what the economy or stock market is doing. For long-term investors, putting cash into great companies in t ...

This blue chip stock is at the intersection of cutting-edge technology and healthcare.Shares of Intuitive Surgical (ISRG 0.06%) have gained momentum following strong first-quarter results. The stock is up nearly 30% this year.The company continues to benefit from the global trend toward minimally invasive surgeries powering demand for its da Vinci robotic surgical systems. A positive growth outlook supported by overall solid fundamentals offers a good setup when evaluating any investment opportunity.That be ...

Intuitive Surgical, Inc. (ISRG) ended the recent trading session at $442.56, demonstrating a +0.06% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.49%.Prior to today's trading, shares of the company had gained 10.29% over the past month. This has outpaced the Medical sector's gain of 2.32% and the S&P 500's gain of 3.22% in that time.Investors will be eagerly watching f ...