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ISRG Stock Forecast: All the More Reason to Consider Intuitive Surgical Inc (ISRG) Now

Intuitive Surgical Inc (NASDAQ: ISRG) is 9.56% higher on its value in year-to-date trading and has touched a low of $364.17 and a high of $616.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ISRG stock was last observed hovering at around $580.18 in the last trading session, with the day’s loss setting it -8.3%.

Currently trading at $571.88, the stock is 0.86% and 3.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -1.43% at the moment leaves the stock 20.00% off its SMA200. ISRG registered 51.58% gain for a year compared to 6-month gain of 28.63%. The firm has a 50-day simple moving average (SMA 50) of $549.9282 and a 200-day simple moving average (SMA200) of $476.567.

The stock witnessed a 8.52% loss in the last 1 month and extending the period to 3 months gives it a 10.76%, and is -2.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.42% over the week and 2.57% over the month.

Intuitive Surgical Inc (ISRG) has around 15638 employees, a market worth around $203.69B and $8.35B in sales. Current P/E ratio is 89.17 and Fwd P/E is 60.34. Profit margin for the company is 27.81%. Distance from 52-week low is 57.04% and -7.16% from its 52-week high. The company has generated returns on investments over the last 12 months (14.04%).

with sales reaching $2.19B over the same period.The EPS is expected to grow by 9.94% this year, but quarterly earnings will post 14.78% year-over-year. Quarterly sales are estimated to grow 15.66% in year-over-year returns.

Intuitive Surgical Inc (ISRG) Top Institutional Holders

2731.0 institutions hold shares in Intuitive Surgical Inc (ISRG), with institutional investors hold 89.77% of the company’s shares. The shares outstanding are 356.60M, and float is at 353.97M with Short Float at 1.21%. Institutions hold 89.30% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.6 million shares valued at $14.06 billion. The investor’s holdings represent 8.9396% of the ISRG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 30.12 million shares valued at $13.4 billion to account for 8.5211 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 15.84 million shares representing 4.4813% and valued at over $7.05 billion, while STATE STREET CORP holds 4.198 of the shares totaling 14.84 million with a market value of $6.6 billion.

Intuitive Surgical Inc (ISRG) Insider Activity

The most recent transaction is an insider sale by Samath Jamie, the company’s EVP & CFO & Enterprise Technol. SEC filings show that Samath Jamie sold 6,888 shares of the company’s common stock on Jan 28 ’25 at a price of $574.07 per share for a total of $3.95 million. Following the sale, the insider now owns 2630.0 shares.

Intuitive Surgical Inc disclosed in a document filed with the SEC on Jan 29 ’25 that Samath Jamie (EVP & CFO & Enterprise Technol) sold a total of 94 shares of the company’s common stock. The trade occurred on Jan 29 ’25 and was made at $571.11 per share for $53684.0. Following the transaction, the insider now directly holds 2630.0 shares of the ISRG stock.

Still, SEC filings show that on Jan 29 ’25, JAMIE E SAMATH (Officer) Proposed Sale 94 shares at an average price of $571.11 for $53684.0. The insider now directly holds shares of Intuitive Surgical Inc (ISRG).

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