Intuitive Surgical Inc (NASDAQ: ISRG) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Yahoo Finance discussed the stock recently as it posted Intuitive Announces Preliminary Fourth Quarter and Full Year 2023 Results.

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Stocks Info

Intuitive Surgical Inc is listed on the NASDAQ in the Healthcare sector while operating in the Medical Instruments & Supplies industry. At the end of the last regular session, the stock closed at $362.33 and fluctuated between $364.48 as its day high and $359.39 as its day low. The current market capitalization of Intuitive Surgical Inc is $127.57B. A total of 1.48 million shares were traded on the day, compared to an average of 1.89M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ISRG has seen 11 BUY and 13 SELL insider trades, representing the acquisition of 56,113 and the disposition of 54,708 shares. Over the last 12 months, there were 113 BUYs and 120 SELLs from insiders. Insiders purchased 463,729 shares during that period but sold 381,974.

In the most recent transaction, Johnson Amal M sold 9,567 shares of ISRG for 300.00 per share on Nov 16. After the transaction, the Director now owns 11,706 company shares. In a previous transaction on Nov 16, Curet Myriam sold 8,819 shares at 300.00 per share. ISRG shares that EVP & Chief Medical Officer owns now total 189.

Among the insiders who sold shares, LEVY ALAN J disposed of 2,000 shares on Nov 14 at a per-share price of $290.00. This resulted in the Director holding 25,319 shares of ISRG after the transaction. In another insider transaction, DeSantis Robert sold 867 shares at $290.00 per share on Nov 14. Company shares held by the EVP & Chief Strategy & Corp Op now total 7,259.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ISRG in the last 3 months, the mean price target is $347.38 with high estimates of $401.00 and low estimates of $273.30. In terms of 52-week highs and lows, ISRG has a high of $366.86 and a low of $222.65.

As of this writing, ISRG has an earnings estimate of $1.48 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $1.56 per share and a lower estimate of $1.4. The company reported an EPS of $1.42 in the last quarter, which was 6.80% higher than expectations of $1.33.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. ISRG’s latest balance sheet shows that the firm has $4.23B in Cash & Short Term Investments as of fiscal 2021. There were $87.00M in debt and $1.15B in liabilities at the time. Its Book Value Per Share was $35.62, while its Total Shareholder’s Equity was $11.95B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ISRG is Buy with a score of 4.36.

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