Intuitive Surgical (ISRG) Set to Announce Quarterly Earnings on Monday

Intuitive Surgical (NASDAQ:ISRG) is scheduled to announce its earnings results after the market closes on Monday, April 16th.

Intuitive Surgical (NASDAQ:ISRG) last released its quarterly earnings results on Thursday, January 25th. The medical equipment provider reported $2.54 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.27. Intuitive Surgical had a net margin of 21.09% and a return on equity of 19.93%. The business had revenue of $892.40 million for the quarter, compared to analyst estimates of $866.54 million. During the same period last year, the firm earned $2.03 earnings per share. Intuitive Surgical’s revenue for the quarter was up 17.9% compared to the same quarter last year. On average, analysts expect Intuitive Surgical to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

How to Become a New Pot Stock Millionaire

NASDAQ:ISRG opened at $396.55 on Monday. Intuitive Surgical has a 52 week low of $251.13 and a 52 week high of $452.00. The stock has a market cap of $44,834.73, a P/E ratio of 55.15, a price-to-earnings-growth ratio of 4.72 and a beta of 0.57.

ISRG has been the topic of several recent analyst reports. Citigroup reissued a “buy” rating and issued a $531.00 target price on shares of Intuitive Surgical in a report on Friday, January 26th. Stifel Nicolaus reissued a “buy” rating and issued a $480.00 target price (up from $400.00) on shares of Intuitive Surgical in a report on Thursday, January 25th. Vetr raised shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $434.75 target price on the stock in a report on Monday, January 8th. BidaskClub lowered shares of Intuitive Surgical from a “strong-buy” rating to a “buy” rating in a report on Tuesday, December 12th. Finally, Zacks Investment Research raised shares of Intuitive Surgical from a “hold” rating to a “buy” rating and set a $409.00 target price on the stock in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $413.84.

In related news, EVP Curet Myriam sold 262 shares of Intuitive Surgical stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $431.50, for a total transaction of $113,053.00. Following the sale, the executive vice president now directly owns 2,152 shares of the company’s stock, valued at approximately $928,588. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary S. Guthart sold 28,525 shares of Intuitive Surgical stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $414.50, for a total transaction of $11,823,612.50. Following the sale, the chief executive officer now directly owns 311,469 shares in the company, valued at $129,103,900.50. The disclosure for this sale can be found here. Insiders have sold a total of 102,770 shares of company stock worth $43,410,836 over the last ninety days. 2.20% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION WARNING: This article was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.tickerreport.com/banking-finance/3342056/intuitive-surgical-isrg-set-to-announce-quarterly-earnings-on-monday.html.

About Intuitive Surgical

Intuitive Surgical, Inc designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. The company's da Vinci surgical System translates a surgeon's natural 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.

Earnings History for Intuitive Surgical (NASDAQ:ISRG)

Receive News & Ratings for Intuitive Surgical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Topaz Coin  Tops 24-Hour Volume of $0.00
Topaz Coin Tops 24-Hour Volume of $0.00
Cannation Reaches Market Capitalization of $81,370.00
Cannation Reaches Market Capitalization of $81,370.00
Zacks: Brokerages Expect Energy Transfer Partners  to Announce $0.26 EPS
Zacks: Brokerages Expect Energy Transfer Partners to Announce $0.26 EPS
Clean Energy Fuels  Given Daily Media Impact Rating of -0.02
Clean Energy Fuels Given Daily Media Impact Rating of -0.02
Somewhat Favorable News Coverage Somewhat Unlikely to Affect Monroe Bank & Trust  Share Price
Somewhat Favorable News Coverage Somewhat Unlikely to Affect Monroe Bank & Trust Share Price
Northrim BanCorp  Receiving Positive Media Coverage, Analysis Shows
Northrim BanCorp Receiving Positive Media Coverage, Analysis Shows


© 2006-2018 Ticker Report. Google+.