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Here is What to Know Beyond Why Intuitive Surgical, Inc. (ISRG) is a Trending Stock
ISRGIntuitive(ISRG) Zacks Investment Research·2024-02-23 15:06

Stock Performance and Industry Comparison - Intuitive Surgical, Inc (ISRG) shares returned +3 8% over the past month, underperforming the Zacks S&P 500 composite's +5% change [1] - The Zacks Medical - Instruments industry, which the company belongs to, gained 3 3% during the same period [1] Earnings Estimates and Revisions - The company is expected to post earnings of 139pershareforthecurrentquarter,representingayearoveryearchangeof+131 39 per share for the current quarter, representing a year-over-year change of +13% [3] - The Zacks Consensus Estimate for the current quarter has changed -0 1% over the last 30 days [3] - For the current fiscal year, the consensus earnings estimate of 6 18 points to a change of +8 2% from the prior year, with a -1 3% revision over the last 30 days [3] - The next fiscal year's consensus earnings estimate of 727indicatesachangeof+1777 27 indicates a change of +17 7% from the prior year, with a -1 9% revision over the past month [3] Revenue Growth Projections - The consensus sales estimate of 1 87 billion for the current quarter points to a year-over-year change of +10 1% [5] - The 798billionand7 98 billion and 9 2 billion estimates for the current and next fiscal years indicate changes of +12% and +15 3%, respectively [5] Recent Financial Performance - The company reported revenues of 193billioninthelastreportedquarter,representingayearoveryearchangeof+1651 93 billion in the last reported quarter, representing a year-over-year change of +16 5% [6] - EPS of 1 60 for the same period compares with 123ayearago[6]Thereportedrevenuesrepresentasurpriseof+0021 23 a year ago [6] - The reported revenues represent a surprise of +0 02% compared to the Zacks Consensus Estimate of 1 93 billion [6] - The EPS surprise was +8 84% [6] - The company beat consensus EPS estimates in each of the trailing four quarters and topped consensus revenue estimates three times over this period [7] Valuation Metrics - Intuitive Surgical, Inc is graded D on the Zacks Value Style Score, indicating that it is trading at a premium to its peers [9] Investment Consideration - The Zacks Rank 4 (Sell) for Intuitive Surgical, Inc suggests that it may underperform the broader market in the near term [10]