Intuitive Surgical, Inc. (ISRG) Dips More Than Broader Market: What You Should Know

Core Viewpoint - Intuitive Surgical, Inc. is set to report earnings that indicate modest growth, with analysts showing a positive outlook based on recent estimate revisions Financial Performance - In the upcoming earnings disclosure, Intuitive Surgical, Inc. is projected to report earnings of $2.25 per share, reflecting a year-over-year growth of 1.81% [2] - The consensus estimate for revenue is $2.72 billion, indicating a 12.59% increase from the same quarter last year [2] - For the entire fiscal year, earnings are projected at $8.65 per share and revenue at $9.92 billion, representing changes of +17.85% and +18.72% respectively from the prior year [3] Analyst Estimates - Recent adjustments to analyst estimates for Intuitive Surgical, Inc. suggest a positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Consensus EPS estimate has seen a 0.58% increase over the last 30 days, and the company currently holds a Zacks Rank of 2 (Buy) [6] Valuation Metrics - Intuitive Surgical, Inc. has a Forward P/E ratio of 66.19, which is significantly higher than the industry average of 25.28 [7] - The company has a PEG ratio of 4.22, compared to the Medical - Instruments industry's average PEG ratio of 2.28 [8] Industry Context - The Medical - Instruments industry, which includes Intuitive Surgical, currently has a Zacks Industry Rank of 162, placing it in the bottom 35% of over 250 industries [8] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [9]