Intuitive Surgical (ISRG) Scheduled to Post Earnings on Monday

Intuitive Surgical (NASDAQ:ISRG) is scheduled to be posting its quarterly earnings results after the market closes on Monday, January 22nd. Analysts expect Intuitive Surgical to post earnings of $2.26 per share for the quarter.

Intuitive Surgical (NASDAQ:ISRG) last announced its quarterly earnings data on Thursday, October 19th. The medical equipment provider reported $2.77 EPS for the quarter, beating the consensus estimate of $1.99 by $0.78. The firm had revenue of $806.10 million for the quarter, compared to analyst estimates of $753.25 million. Intuitive Surgical had a return on equity of 18.20% and a net margin of 30.16%. The company’s revenue was up 18.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.06 EPS. On average, analysts expect Intuitive Surgical to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Intuitive Surgical (NASDAQ ISRG) opened at $419.04 on Monday. The company has a market capitalization of $46,950.00, a PE ratio of 54.14, a PEG ratio of 5.65 and a beta of 0.47. Intuitive Surgical has a 1 year low of $217.19 and a 1 year high of $426.98.

In related news, Director Mark J. Rubash sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $395.95, for a total transaction of $2,375,700.00. Following the transaction, the director now directly owns 5,453 shares in the company, valued at approximately $2,159,115.35. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Jamie Samath sold 1,564 shares of the firm’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $371.19, for a total value of $580,541.16. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 55,944 shares of company stock worth $21,432,971. 2.20% of the stock is owned by corporate insiders.

Several equities analysts have recently commented on the company. BidaskClub upgraded Intuitive Surgical from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Barclays reiterated an “overweight” rating and set a $465.00 price objective on shares of Intuitive Surgical in a research report on Thursday. Goldman Sachs Group reiterated a “buy” rating on shares of Intuitive Surgical in a research report on Saturday, November 18th. Zacks Investment Research upgraded Intuitive Surgical from a “hold” rating to a “buy” rating and set a $436.00 price objective on the stock in a research report on Tuesday, November 14th. Finally, Vetr upgraded Intuitive Surgical from a “hold” rating to a “buy” rating and set a $434.75 price objective on the stock in a research report on Monday, January 8th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $357.44.

COPYRIGHT VIOLATION NOTICE: This article was reported by American Banking News and is owned by of American Banking News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/01/15/intuitive-surgical-isrg-scheduled-to-post-earnings-on-monday.html.

About Intuitive Surgical

Intuitive Surgical, Inc (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports.

Earnings History for Intuitive Surgical (NASDAQ:ISRG)

Receive News & Ratings for Intuitive Surgical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply