November 28, 2016 - By Peter Erickson · 0 Comments
Intuitive Surgical Inc (NASDAQ:ISRG) institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.14, from 1.12 in 2016Q1. The ratio has increased, as 239 funds opened new or increased positions, while 213 sold and decreased their stock positions in Intuitive Surgical Inc. The funds in our partner’s database now own: 36.66 million shares, down from 44.18 million shares in 2016Q1. Also, the number of funds holding Intuitive Surgical Inc in their top 10 positions increased from 11 to 18 for an increase of 7. Sold All: 35 Reduced: 178 Increased: 185 New Position: 54.
Intuitive Surgical, Inc. designs, makes and markets da Vinci Surgical Systems, and related instruments and accessories. The company has a market cap of $25.88 billion. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. It has a 35.41 P/E ratio. The da Vinci Surgical System translates a surgeon’s 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.
The stock increased 1.74% or $11.23 on November 25, hitting $656.51. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 2.78% since April 25, 2016 and is uptrending. It has underperformed by 3.23% the S&P500.
Analysts await Intuitive Surgical, Inc. (NASDAQ:ISRG) to report earnings on January, 24 after the close. They expect $5.23 earnings per share, up 0.97% or $0.05 from last year’s $5.18 per share. ISRG’s profit will be $206.17M for 31.38 P/E if the $5.23 EPS becomes a reality. After $5.39 actual earnings per share reported by Intuitive Surgical, Inc. for the previous quarter, Wall Street now forecasts -2.97% negative EPS growth.
According to Zacks Investment Research, “Intuitive Surgical, Inc. designs and manufactures the da Vinci Surgical System. The da Vinci Surgical System seamlessly translates the surgeon’s natural hand movements on instrument controls at a console into corresponding micromovements of instruments positioned inside the patient through small puncture incisions, or ports. The products provide the surgeon with the range of motion and fine tissue control previously possible only with open surgery, while simultaneously allowing the surgeon to work through small ports.”
Biondo Investment Advisors Llc holds 7.72% of its portfolio in Intuitive Surgical, Inc. for 32,697 shares. Bender Robert & Associates owns 14,324 shares or 6.69% of their US portfolio. Moreover, Cim Llc has 4.94% invested in the company for 14,933 shares. The Illinois-based Premier Asset Managment Llc has invested 4.56% in the stock. Hudson Valley Investment Advisors Inc Adv, a New York-based fund reported 19,460 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 8 insider sales for $30.82 million net activity.
Ratings analysis reveals 75% of Intuitive Surgical Inc’s analysts are positive. Out of 16 Wall Street analysts rating Intuitive Surgical Inc, 12 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $565 while the high is $800. The stock’s average target of $689.94 is 5.09% above today’s ($656.51) share price. ISRG was included in 31 notes of analysts from July 22, 2015. The company was downgraded on Friday, April 1 by BTIG Research. On Wednesday, April 20 the stock rating was maintained by Bank of America with “Buy”. The firm earned “Outperform” rating on Wednesday, July 20 by Wedbush. The firm earned “Buy” rating on Wednesday, July 20 by Canaccord Genuity. The stock of Intuitive Surgical, Inc. (NASDAQ:ISRG) has “Buy” rating given on Wednesday, July 20 by Citigroup. On Thursday, November 12 the stock rating was initiated by Citigroup with “Buy”. The rating was maintained by Canaccord Genuity on Wednesday, October 19 with “Buy”. The firm has “Sector Perform” rating given on Wednesday, October 19 by RBC Capital Markets. Stifel Nicolaus maintained Intuitive Surgical, Inc. (NASDAQ:ISRG) on Friday, January 22 with “Buy” rating. The firm has “Outperform” rating given on Friday, August 26 by Raymond James.
Intuitive Surgical, Inc. (Intuitive), incorporated on November 9, 1995, designs, makes and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s 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. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation solution and three-dimensional (3-D), high-definition (HD) vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery (MIS) procedures. The Company’s da Vinci Surgery utilizes computational, robotic and imaging technologies.
More notable recent Intuitive Surgical, Inc. (NASDAQ:ISRG) news were published by: Fool.com which released: “Better Buy: Intuitive Surgical, Inc. vs. Accuray” on November 19, 2016, also Fool.com with their article: “Better Buy: Intuitive Surgical, Inc. vs. Medtronic” published on October 26, 2016, Fool.com published: “Better Buy: Intuitive Surgical, Inc. vs. Johnson & Johnson” on October 16, 2016. More interesting news about Intuitive Surgical, Inc. (NASDAQ:ISRG) were released by: Fool.com and their article: “How Big Could This New Procedure Be for Intuitive Surgical, Inc.?” published on November 08, 2016 as well as Fool.com‘s news article titled: “Here’s Why Hernia Operations Are Picking Up So Much for Intuitive Surgical, Inc.” with publication date: November 15, 2016.
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By Peter Erickson