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.
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.
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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.
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