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. Its da Vinci surgical system include surgeon's consoles, patient-side carts, 3-D vision systems, da Vinci skills simulators, da Vinci Xi integrated table motions, and Firefly fluorescence imaging products that enable surgeons to perform various surgical procedures, including gynecologic, urologic, general, cardiothoracic, and head and neck surgical procedures. The company also manufactures EndoWrist instruments that include forceps, scissors, electrocautery, scalpels, and other surgical tools, which incorporate wrist joints for natural dexterity for various surgical procedures. In addition, it offers da Vinci Single-Site instruments and accessories that allow surgical systems to work through a single incision; and EndoWrist One vessel sealers that are wristed single-use instruments intended for bipolar coagulation and mechanical transection of vessels up to 7 mm in diameter and tissue bundles that fit in the jaws of the instrument. Further, the company provides EndoWrist stapler, a wristed stapling instrument intended for resection, transection, and/or creation of anastomoses, as well as sells various accessories, including replacement 3-D stereo endoscopes, camera heads, light guides, and other items that facilitate use of the da Vinci system, as well as sterile drapes for ensuring a sterile field during surgery. Intuitive Surgical, Inc. markets its products directly and through distributors in the United States, Europe, Asia, and internationally. The company was founded in 1995 and is headquartered in Sunnyvale, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Surgical appliances & supplies
Sub-IndustryHealth Care Equipment
SectorMedical
SymbolNASDAQ:ISRG
CUSIP46120E60
Phone408-523-2100
Debt
Debt-to-Equity RatioN/A
Current Ratio5.82
Quick Ratio5.33
Price-To-Earnings
Trailing P/E Ratio71.87
Forward P/E Ratio58.46
P/E Growth4.59
Sales & Book Value
Annual Sales$3.13 billion
Price / Sales18.71
Cash Flow$8.5461 per share
Price / Cash60.47
Book Value$42.19 per share
Price / Book12.25
Profitability
EPS (Most Recent Fiscal Year)$7.19
Net Income$660 million
Net Margins23.20%
Return on Equity21.38%
Return on Assets18.22%
Miscellaneous
Employees4,444
Outstanding Shares113,290,000
Market Cap$58,548.59
Intuitive Surgical (NASDAQ:ISRG) Frequently Asked Questions
What is Intuitive Surgical's stock symbol?
Intuitive Surgical trades on the NASDAQ under the ticker symbol "ISRG."
When did Intuitive Surgical's stock split? How did Intuitive Surgical's stock split work?
Shares of Intuitive Surgical split on Friday, October 6th 2017. The 3-1 split was announced on Friday, August 11th 2017. The newly created shares were issued to shareholders after the market closes on Thursday, October 5th 2017. An investor that had 100 shares of Intuitive Surgical stock prior to the split would have 300 shares after the split.
How were Intuitive Surgical's earnings last quarter?
Intuitive Surgical, Inc. (NASDAQ:ISRG) announced its earnings results on Thursday, July, 19th. The medical equipment provider reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.74. The medical equipment provider earned $909.30 million during the quarter, compared to analysts' expectations of $877.43 million. Intuitive Surgical had a net margin of 23.20% and a return on equity of 21.38%. The firm's revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.95 EPS. View Intuitive Surgical's Earnings History.
When is Intuitive Surgical's next earnings date?
What price target have analysts set for ISRG?
18 equities research analysts have issued 12-month target prices for Intuitive Surgical's stock. Their forecasts range from $300.00 to $630.00. On average, they anticipate Intuitive Surgical's stock price to reach $507.8333 in the next year. This suggests that the stock has a possible downside of 1.7%. View Analyst Ratings for Intuitive Surgical.
What is the consensus analysts' recommendation for Intuitive Surgical?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuitive Surgical in the last year. There are currently 1 sell rating, 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Intuitive Surgical stock?
Here are some recent quotes from research analysts about Intuitive Surgical stock:
- 1. BTIG Research analysts commented, "Surgical reported another sweep this quarter, exceeding consensus expectations on every key metric: procedures, systems, sales, and EPS. The company shipped 220 systems in Q2, well above our 197 units and the Street’s 191 units. As in recent quarters, a significant portion (20%) of these systems were placed under operating leases. We view this as a smart strategy that is helping boost procedure growth. Procedure volume increased ~18% y/y in the quarter, again eclipsing expectations. Instrument segments exceeded consensus estimates too. We think the factors underlying repeated outperformances are likely to continue for some time and there are exciting product catalysts on the way. We remain at Neutral, as shares trade at ~57x NTM EPS, which we think excessive. Still, this stock keeps motoring upwards and may keep doing so as long as this med tech bull market continues." (7/22/2018)
- 2. Northland Securities analysts commented, "We continue to be DEAD WRONG on the stock. The argument on this stock is now primarily about how much you can stretch valuation. The stock currently trades at ~ 15x forward P/S and ~54x forward P/E. We are not sure in what world these metrics can be sustained. The confluence of 4 factors….a nutty market which has no correlation to fundamentals, lack of any serious competition from the likes of MDT and JNJ, positive f/x contribution due to the weaker dollar, and finally, a lower tax rate due to the recent tax law passed, are yielding higher returns." (7/20/2018)
- 3. Cantor Fitzgerald analysts commented, ": We reiterate our Overweight rating on shares of ISRG and raise our price target to $620 from $510. Quarter after quarter, ISRG continues to justify its premium valuation, again significantly beating on all metrics we track, including the top and bottom line. ISRG delivered 18% procedure growth for 2Q18, one of the strongest quarterly procedure growth figures y/y in the last five years, with broad strength across all procedure categories. ISRG raised full-year 2018 procedure growth guidance to 14.5-16.5% from 12-15%. The installed based grew 12% and utilization was up by mid-single digits." (7/20/2018)
- 4. According to Zacks Investment Research, "Intuitive Surgical outperformed its industry in a year’s time. The company’s flagship da Vinci procedures recorded solid growth and holds promise for the quarters ahead. Moreover, recently, da Vinci Surgical System has successfully cured inguinal hernia. Intuitive Surgical also saw solid expansion outside the United States in the recent past. A suite of regulatory approvals buoys optimism. Solid growth in prostatectomy procedure volumes lent Intuitive Surgical a competitive edge in the broader prostate surgery market. However, the company expects U.S. sales to decline in the quarters ahead, which raises concern. Furthermore, looming foreign exchange volatility also adds to the woes. Intense competition in niche space and long sale and purchase order cycles of da Vinci unit has been currently plaguing the company." (6/19/2018)
Who are some of Intuitive Surgical's key competitors?
Some companies that are related to Intuitive Surgical include Edwards Lifesciences (EW), Align Technology (ALGN), Zimmer Biomet (ZBH), COLOPLAST A/S/ADR (CLPBY), Smith & Nephew (SNN), WILLIAM DEMANT/ADR (WILYY), Steris (STE), Inogen (INGN), MSA Safety (MSA), Halyard Health (HYH), Wright Medical Group (WMGI), CONSORT Med PLC/S (CSRMY), Invacare (IVC), Sientra (SIEN) and RTI Surgical (RTIX).
Who are Intuitive Surgical's key executives?
Intuitive Surgical's management team includes the folowing people:
- Dr. Gary S. Guthart, CEO, Pres & Director (Age 52)
- Mr. Marshall L. Mohr, Sr. VP & CFO (Age 62)
- Mr. Salvatore J. Brogna, Exec. VP & COO (Age 63)
- Mr. David J. Rosa, Exec. VP & Chief Commercial Officer (Age 50)
- Dr. Myriam J. Curet McAdams, Exec. VP & Chief Medical Officer (Age 61)
Has Intuitive Surgical been receiving favorable news coverage?
Media headlines about ISRG stock have trended somewhat negative this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources. 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 media sentiment score of -0.04 on Accern's scale. They also assigned news headlines about the medical equipment provider an impact score of 43.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Intuitive Surgical's major shareholders?
Intuitive Surgical's stock is owned by many different of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (2.09%), Fred Alger Management Inc. (0.22%), Bank of Montreal Can (0.17%), Cornerstone Wealth Management LLC (0.15%), Gateway Investment Advisers LLC (0.08%) and KAMES CAPITAL plc (0.08%). Company insiders that own Intuitive Surgical stock include Alan J Levy, Amal M Johnson, Colin Morales, Craig H Barratt, Curet Myriam, David J Rosa, Gary S Guthart, Jamie Samath, Keith R Leonard, Lonnie M Smith, Mark J Meltzer, Mark J Rubash, Marshall Mohr, Michael A Friedman and Salvatore Brogna. View Institutional Ownership Trends for Intuitive Surgical.
Which institutional investors are selling Intuitive Surgical stock?
ISRG stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Assenagon Asset Management S.A., Spence Asset Management, Hartford Investment Management Co., Manning & Napier Group LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Whittier Trust Co. and Gateway Investment Advisers LLC. Company insiders that have sold Intuitive Surgical company stock in the last year include Alan J Levy, Craig H Barratt, Curet Myriam, David J Rosa, Gary S Guthart, Jamie Samath, Keith R Leonard, Lonnie M Smith, Mark J Meltzer, Mark J Rubash, Marshall Mohr, Michael A Friedman and Salvatore Brogna. View Insider Buying and Selling for Intuitive Surgical.
Which institutional investors are buying Intuitive Surgical stock?
ISRG stock was acquired by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Fred Alger Management Inc., Mckinley Capital Management LLC Delaware, KAMES CAPITAL plc, Rathbone Brothers plc, Bank of Montreal Can, Westpac Banking Corp and Mitsubishi UFJ Asset Management UK Ltd.. View Insider Buying and Selling for Intuitive Surgical.
How do I buy shares of Intuitive Surgical?
Shares of ISRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Intuitive Surgical's stock price today?
One share of ISRG stock can currently be purchased for approximately $516.78.
How big of a company is Intuitive Surgical?
Intuitive Surgical has a market capitalization of $58.55 billion and generates $3.13 billion in revenue each year. The medical equipment provider earns $660 million in net income (profit) each year or $7.19 on an earnings per share basis. Intuitive Surgical employs 4,444 workers across the globe.
How can I contact Intuitive Surgical?
Intuitive Surgical's mailing address is 1020 KIFER ROAD, SUNNYVALE CA, 94086. The medical equipment provider can be reached via phone at 408-523-2100 or via email at [email protected]
MarketBeat Community Rating for Intuitive Surgical (NASDAQ ISRG)
MarketBeat's community ratings are surveys of what our community members think about Intuitive Surgical and other stocks. Vote "Outperform" if you believe ISRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ISRG will underperform the S&P 500 over the long term. You may vote once every thirty days.
