Analyst Revises Intuitive Surgical, Inc. (NASDAQ:ISRG) Stock Target


Intuitive Surgical, Inc. (NASDAQ:ISRG) mean price target has been set at $741.710 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $6.070 in the near-term quarter and $21.300 for the ongoing fiscal. The market cap of Intuitive Surgical, Inc. was recorded at $26.93B after the stock closed at $692.840 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Intuitive Surgical, Inc. (NASDAQ:ISRG) has a P/E ratio of 39.708. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Intuitive Surgical, Inc. (NASDAQ:ISRG) PEG ratio sits at 2.310. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of Intuitive Surgical, Inc. visibly illustrates that the 50-day MA of Intuitive Surgical, Inc. is $673.756, and stock is trading $25.939 points away or +3.850% from its 50-day moving average of $673.756. Further it is trading $82.539 or +13.374% away its 200-day moving average of $617.156. Intuitive Surgical, Inc. (NASDAQ:ISRG) 52-week high is $720.010 and the 52-week low is $447.000. This represents that if the stock moves $-20.315 points up on the chart to it will make a 52-week high. But, if it declines +56.531%, then the shares price can hit a new 52-week low.

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