Intuitive Surgical (ISRG) Hits New Lifetime High
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Intuitive Surgical as such a stock due to the following factors:
- ISRG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $195.5 million.
- ISRG has traded 24,060 shares today.
- ISRG is trading at a new lifetime high.
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More details on ISRG:
Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. ISRG has a PE ratio of 41. Currently there are 10 analysts that rate Intuitive Surgical a buy, no analysts rate it a sell, and 6 rate it a hold.
The average volume for Intuitive Surgical has been 308,200 shares per day over the past 30 days. Intuitive Surgical has a market cap of $25.5 billion and is part of the health care sector and health services industry. The stock has a beta of 0.31 and a short float of 3.6% with 3.63 days to cover. Shares are up 22.8% year-to-date as of the close of trading on Monday.
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Analysis:
rates Intuitive Surgical as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
Highlights from the ratings report include:
- ISRG's revenue growth has slightly outpaced the industry average of 8.0%. Since the same quarter one year prior, revenues rose by 11.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
- ISRG has no debt to speak of therefore resulting in a debt-to-equity ratio of zero, which we consider to be a relatively favorable sign. Along with this, the company maintains a quick ratio of 4.76, which clearly demonstrates the ability to cover short-term cash needs.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Health Care Equipment & Supplies industry and the overall market, INTUITIVE SURGICAL INC's return on equity exceeds that of both the industry average and the S&P 500.
- The gross profit margin for INTUITIVE SURGICAL INC is rather high; currently it is at 68.12%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 22.94% is above that of the industry average.
- Net operating cash flow has significantly increased by 68.55% to $208.50 million when compared to the same quarter last year. In addition, INTUITIVE SURGICAL INC has also vastly surpassed the industry average cash flow growth rate of -11.82%.
- You can view the full Intuitive Surgical Ratings Report.
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