Intuitive Surgical Stock Price Surges with 2.25M Average Trading Volume
December 29, 2022
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Intuitive Surgical ($NASDAQ:ISRG) Inc. is a leader in robotic-assisted surgeries and surgical navigation systems. The company has been at the forefront of innovative medical technologies for the past two decades and is a leader in the field of minimally invasive robotic surgery. The company’s stock price has been steadily rising in recent months, with an average trading volume of 2.25M over the past 3 months. This increase is likely due to increasing investor confidence in the company’s future prospects and in its innovative technology.
Additionally, Intuitive Surgical Inc. has a strong balance sheet, with total assets of over $3 billion and cash reserves of more than $1 billion. This strong financial performance provides investors with a sense of security when evaluating the company’s stock price. The company’s strong financials and innovative technology are just two of the reasons why investors are showing increasing confidence in Intuitive Surgical Inc.’s stock price. With increasing demand for robotic-assisted surgeries and surgical navigation systems, the company is well-positioned to capitalize on this trend and continue to grow its revenue and profits in the coming years.
Price History
Tuesday saw a surge in the stock price of Intuitive Surgical Inc., one of the world’s leading surgical robotics companies. Intuitive Surgical opened the trading day at $262.8, up 0.5% from the closing price of $262.7 the day before. Throughout the day, trading volume was strong, averaging 2.25 million shares. This heavy trading helped Intuitive Surgical close the day at $264.0, a gain of 0.5% for the day, and the stock has continued to show resilience in the face of market volatility. Intuitive Surgical has been one of the most successful firms in the surgical robotics market and has seen its share price rise steadily over the last few years.
The company’s success can be attributed to its innovative approach to surgical robotics, which allows surgeons to perform highly technical procedures with greater precision and minimal invasiveness. This has led to a growing number of hospitals and medical centers adopting Intuitive Surgical’s products, and the company is well-positioned to capitalize on this growth in demand. The surge in Intuitive Surgical’s stock price on Tuesday can be seen as a sign that investors are confident in the company’s future prospects. With a strong presence in the medical robotics market and a growing number of customers, Intuitive Surgical looks set to continue its success story for some time yet. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Intuitive Surgical. More…
| Total Revenues | Net Income | Net Margin |
| 6.12k | 1.38k | 22.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Intuitive Surgical. More…
| Operations | Investing | Financing |
| 1.62k | 155 | -1.59k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Intuitive Surgical. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.26k | 1.69k | 32.59 |
Key Ratios Snapshot
Some of the financial key ratios for Intuitive Surgical are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.9% | 8.1% | 27.1% |
| FCF Margin | ROE | ROA |
| 17.6% | 8.8% | 7.8% |
VI Analysis
According to the VI Star Chart, it is classified as a “gorilla”, a type of company that has achieved stable and high revenue and earning growth due to its competitive advantage. This makes it an attractive investment for growth investors looking for companies with potential for continued success. Intuitive Surgical is strong in assets, growth and profitability, but weak in dividend. It has a high health score of 10/10 considering its cashflows and debt, indicating that it is capable of paying off debt and funding future operations. The company also has a strong management team and a good reputation in the market, making it an attractive choice for investors looking for a safe and reliable investment. In short, Intuitive Surgical is a company with strong fundamentals that should be considered by any investor looking for growth potential and stability. More…
VI Peers
The company’s da Vinci surgical system consists of a surgeon’s console, a patient-side cart and a vision system. The company’s competitors in the robotic surgery market include Stryker Corp, Medtronic PLC, Becton, Dickinson and Co.
– Stryker Corp ($NYSE:SYK)
With a market capitalization of $84.98 billion as of 2022, Stryker Corporation is one of the world’s leading medical technology companies. Headquartered in Kalamazoo, Michigan, the company offers a broad range of products and services in orthopedics, medical and surgical, and neurotechnology and spine that help improve patient care and quality of life. The company’s products include implants used in hip, knee and shoulder replacements, as well as instrumentation and software used in operating rooms and for patient rehabilitation. In addition, Stryker offers a wide range of products and services for minimally invasive surgery, including robotic-assisted surgery systems. The company’s return on equity was 10.79% as of 2022.
– Medtronic PLC ($NYSE:MDT)
Medtronic PLC is a medical technology company that develops and produces a variety of medical devices and software products. The company has a market capitalization of 112.31 billion as of 2022 and a return on equity of 7.49%. Medtronic PLC’s products are used in a wide range of medical procedures, including cardiovascular, neurological, and orthopedic procedures. The company’s products are sold in over 150 countries around the world.
– Becton, Dickinson and Co ($NYSE:BDX)
Becton, Dickinson and Co is a medical technology company that manufactures and sells medical devices, laboratory equipment, and diagnostic products. The company has a market cap of 64.37B as of 2022 and a return on equity of 6.42%. The company’s products are used in a variety of medical procedures, including blood transfusions, IV start kits, and diabetes care.
Summary
Intuitive Surgical Inc. (INTU) has experienced a surge in stock price recently, with an average trading volume of 2.25 million shares. This surge is likely due to investors’ optimism that the company’s innovative robotic surgical systems will continue to be successful. Analysts are positive on the stock, citing its strong revenue and earnings growth, as well as its attractive valuation relative to competitors.
Additionally, the company has increased its focus on expanding its product offerings and enhancing customer experience, which should contribute to its long-term success. Overall, INTU is a solid investment for those looking for a promising healthcare technology company.
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