Intuitive Surgical, Inc. (ISRG) Rises Higher Than Market: Key Facts

Company Performance - Intuitive Surgical, Inc. (ISRG) ended the latest trading session at $490.93, reflecting a +1.38% increase from the previous close, outperforming the S&P 500's daily gain of 1.07% [1] - Over the last month, ISRG shares increased by 3.2%, slightly lagging behind the Medical sector's gain of 3.34% and surpassing the S&P 500's gain of 2.92% [1] - Analysts expect ISRG to report earnings of$ 1.65 per share, indicating a year-over-year growth of 13.01%, with a revenue forecast of $2.02 billion, representing a 15.57% increase from the same quarter last year [1] Annual Forecast - The Zacks Consensus Estimates project earnings of$ 6.67 per share and revenue of $8.1 billion for the year, reflecting changes of +16.81% and +13.69% respectively compared to the previous year [2] - Recent revisions to analyst forecasts are crucial as they reflect near-term business trends, with positive estimate revisions indicating a favorable business outlook [2] Valuation Metrics - ISRG currently has a Zacks Rank of 1 (Strong Buy), with an impressive track record of outperformance, as 1 stocks have generated an average annual return of +25% since 1988 [3] - The company has a Forward P/E ratio of 72.65, which is a premium compared to its industry's Forward P/E of 27.79 [3] - ISRG's PEG ratio stands at 4.18, significantly higher than the average PEG ratio of 2.29 for the Medical - Instruments industry [3] Industry Overview - The Medical - Instruments industry, part of the Medical sector, holds a Zacks Industry Rank of 63, placing it in the top 25% of over 250 industries [4] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]