Intuitive Surgical (ISRG) stock closes down 0.94%, but outperforms Medical sector

From Nasdaq: 2024-12-13 17:50:06

Intuitive Surgical, Inc. (ISRG) closed at $539.58, down 0.94%. Nasdaq rose by 0.12% while the Dow fell by 0.2%. ISRG shares increased by 1.29% in the last month, outperforming the Medical sector’s 4.31% loss and S&P 500’s 1.27% gain.

ISRG is expected to report earnings of $1.76 per share, a 10% YoY growth. Revenue estimate is $2.2 billion, up 14.32% YoY. For the fiscal year, EPS estimate is $6.88 and revenue estimate is $8.14 billion, showing +20.49% and +14.3% changes.

Analysts are closely monitoring ISRG’s stock performance, with recent estimate revisions indicating optimism. Zacks Rank #3 (Hold) suggests a 0.04% decrease in EPS projection. ISRG’s Forward P/E ratio is 79.19, higher than the industry average of 28.63. PEG ratio stands at 4.24, compared to industry average of 2.42.

The Medical – Instruments industry, part of the Medical sector, has a Zacks Industry Rank of 57, in the top 23% of all industries. Zacks Industry Rank indicates the strength of industry groups. Use Zacks.com for stock-moving metrics and track performance.

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Read more at Nasdaq: Intuitive Surgical, Inc. (ISRG) Stock Moves -0.94%: What You Should Know