News headlines about Intuitive Surgical (NASDAQ:ISRG) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Intuitive Surgical earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the medical equipment provider an impact score of 45.7587159861607 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
A number of research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Intuitive Surgical from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 19th. Bank of America lifted their target price on shares of Intuitive Surgical from $465.00 to $510.00 and gave the company a “buy” rating in a research note on Wednesday, April 18th. Morgan Stanley boosted their price objective on shares of Intuitive Surgical from $525.00 to $535.00 and gave the stock an “overweight” rating in a research report on Friday, June 1st. Royal Bank of Canada set a $460.00 price objective on shares of Intuitive Surgical and gave the stock a “hold” rating in a research report on Wednesday, April 18th. Finally, Canaccord Genuity boosted their price objective on shares of Intuitive Surgical from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, April 18th. Five equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $458.22.
ISRG opened at $483.21 on Friday. Intuitive Surgical has a 52 week low of $306.86 and a 52 week high of $496.92. The firm has a market cap of $55.18 billion, a price-to-earnings ratio of 67.21, a price-to-earnings-growth ratio of 4.55 and a beta of 0.57.
Intuitive Surgical (NASDAQ:ISRG) last released its earnings results on Tuesday, April 17th. The medical equipment provider reported $2.44 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.37. Intuitive Surgical had a net margin of 23.25% and a return on equity of 20.72%. The firm had revenue of $848.00 million during the quarter, compared to analyst estimates of $773.20 million. During the same quarter in the previous year, the business earned $5.09 EPS. The business’s quarterly revenue was up 25.8% compared to the same quarter last year. equities analysts forecast that Intuitive Surgical will post 8.84 earnings per share for the current fiscal year.
In other Intuitive Surgical news, insider Craig H. Barratt sold 2,500 shares of Intuitive Surgical stock in a transaction on Monday, June 4th. The shares were sold at an average price of $482.00, for a total transaction of $1,205,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark J. Meltzer sold 6,000 shares of Intuitive Surgical stock in a transaction on Thursday, June 7th. The stock was sold at an average price of $483.65, for a total transaction of $2,901,900.00. Following the sale, the senior vice president now directly owns 11,552 shares of the company’s stock, valued at approximately $5,587,124.80. The disclosure for this sale can be found here. Insiders have sold a total of 170,767 shares of company stock valued at $77,995,219 in the last ninety days. Company insiders own 2.20% of the company’s stock.
Intuitive Surgical Company Profile
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.
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