Intuitive Surgical Inc. (ISRG) has been a prominent player in the medical technology sector, particularly in the field of robotic-assisted minimally invasive surgery.
In this article, we will delve into various key aspects of ISRG stock, including its current price, stock split history, future forecast, dividend offerings, and recent earnings performance.
ISRG Stock Overview
Intuitive Surgical Inc. is a global leader in robotic-assisted, minimally invasive surgery. The company’s da Vinci Surgical System has revolutionized the way surgeries are conducted, providing surgeons with enhanced precision and patients with faster recovery times. As of 13.10.23, ISRG stock holds a notable position in the stock market.
ISRG Stock Price
The stock price of Intuitive Surgical Inc. is a critical factor for investors. As of 13.10.23, the stock is trading at $269.76. It’s crucial for investors to track the stock price movement over time to make informed decisions regarding buying, selling, or holding ISRG shares.
Intuitive Surgical Inc. is a component of the Nasdaq 100 (US 100).
ISRG Stock Split
Stock splits are events that can influence shareholder value. While ISRG has not undergone a stock split in recent years, historical data on any past splits is important to consider. A stock split can impact liquidity and accessibility for a broader range of investors.
Stock split list
| Date | Split | Multiple | Cumulative multiple |
|---|---|---|---|
| 2021-10-05 | 3:1 | x3 | x4.5 |
| 2017-10-06 | 3:1 | x3 | x1.5 |
| 2003-07-01 | 1:2 | x0.5 | x0.5 |
ISRG Stock Forecast
Forecasting the future performance of ISRG stock involves a comprehensive analysis of market trends, the competitive landscape, and the company’s growth prospects. Analysts often consider factors such as technological advancements, healthcare industry trends, and the company’s research and development initiatives to project future stock performance.
Investors should be aware that stock forecasts are subject to change based on market conditions and unforeseen events, and it’s advisable to stay updated with the latest analyses and reports.
The 25 analysts providing 12-month price predictions for Intuitive Surgical Inc anticipate a median target of 320.00, reflecting a +15.27% increase from the recent closing price of 277.62. The forecast range spans from a low estimate of 240.00 to a high estimate of 400.00.
ISRG Stock Dividend
As of 13.10.23, Intuitive Surgical Inc. does not typically offer dividends. Investors interested in dividend income may need to consider other investment options. The absence of dividends can be attributed to the company’s focus on reinvesting profits into research and development, expansion, and innovation.
ISRG Stock Earnings
Earnings reports provide valuable insights into a company’s financial health and performance. Investors closely monitor ISRG’s quarterly and annual earnings reports to gauge the company’s profitability, revenue growth, and overall financial stability.
Positive earnings reports can contribute to increased investor confidence, potentially impacting stock prices positively.
Quarterly financials
| (USD) | Sep 2023 | Y/Y |
|---|---|---|
| Revenue | 1.74B | 11.96% |
| Net income | 415.7M | 28.3% |
| Diluted EPS | 1.16 | 28.89% |
| Net profit margin | 23.84% | 14.62% |
| Operating income | 465.8M | 16.77% |
| Net change in cash | 165.3M | 5803.57% |
| Cash on hand | – | – |
| Cost of revenue | 576.5M | 14.09% |
Conclusion
In conclusion, Intuitive Surgical Inc. remains a key player in the medical technology sector, with its innovative da Vinci Surgical System continuing to shape the landscape of minimally invasive surgery.
Investors should carefully consider the current stock price, historical stock split data, future forecasts, dividend policies, and recent earnings reports when making investment decisions related to ISRG stock.
Staying informed about industry trends and the company’s ongoing developments is essential for a well-rounded investment strategy.
