Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Intuitive Surgical fell $5.93 (-1.1%) to $511.57 on average volume. Throughout the day, 252,236 shares of Intuitive Surgical exchanged hands as compared to its average daily volume of 307,000 shares. The stock ranged in price between $511.12-$521.63 after having opened the day at $517.57 as compared to the previous trading day's close of $517.50. Other companies within the Health Services industry that declined today were:
), down 8.6%,
), down 8.5%,
), down 7%, and
), down 6.7%.
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Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems for various surgical procedures, including urologic, gynecologic, cardiothoracic, general, and head and neck surgeries. Intuitive Surgical has a market cap of $20.68 billion and is part of the
sector. The company has a P/E ratio of 36.8, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Monday. Currently there are five analysts that rate Intuitive Surgical a buy, no analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Intuitive Surgical as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Intuitive Surgical Ratings Report.
On the positive front,
), up 19.7%,
), up 17.8%,
), up 15.8%, and
), up 9%, were all gainers within the health services industry with
) being today's featured health services industry leader.
- Use our health services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider
) while those bearish on the health services industry could consider
- Find other investment ideas from our top rated ETFs lists.
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