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Intuitive Surgical, Inc. (ISRG) Rises As Market Takes a Dip: Key Facts
ISRGIntuitive(ISRG) ZACKS·2024-12-27 00:06

Stock Performance - Intuitive Surgical, Inc (ISRG) ended the recent trading session at 53883,showinga+034538 83, showing a +0 34% increase from the previous day's closing price [1] - The stock outperformed the S&P 500's daily loss of 0 04%, while the Dow gained 0 07% and the Nasdaq lost 0 05% [1] - Over the past month, ISRG shares depreciated by 0 28%, outperforming the Medical sector's loss of 4 31% but lagging behind the S&P 500's gain of 1 05% [6] Earnings and Revenue Forecast - The company is forecasted to report an EPS of 1 76, a 10% increase from the same quarter last year [2] - Revenue is projected to be 221billion,reflectinga14532 21 billion, reflecting a 14 53% rise from the equivalent quarter last year [2] - For the annual period, Zacks Consensus Estimates anticipate earnings of 6 88 per share and revenue of $8 15 billion, representing year-over-year increases of 20 49% and 14 36%, respectively [9] Valuation Metrics - ISRG's PEG ratio is currently 4 18, higher than the Medical - Instruments industry average of 2 46 [4] - The company's Forward P/E ratio is 78 06, significantly higher than the industry average of 28 57, indicating it is trading at a premium [8] Industry and Analyst Sentiment - The Medical - Instruments industry has a Zacks Industry Rank of 53, placing it in the top 22% of all 250+ industries [11] - ISRG currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate increasing by 0 09% over the past month [10] - Positive estimate revisions reflect analyst optimism about the company's business and profitability [7] Investment Tools and Performance - The Zacks Rank system, which incorporates estimate changes, has a track record of outperformance, with 1 ranked stocks producing an average annual return of +25% since 1988 [10] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, as per the Zacks Industry Rank [5]