Stock FAQs

why did isrg stock drop

by Laurel Huels Published 3 years ago Updated 2 years ago
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The robotic surgery company and maker of the Da Vinci surgical system reported its first-quarter earnings, which caused its stock to drop.May 5, 2022

Full Answer

Who sold ISRG stock in the last quarter?

ISRG stock was sold by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Moody National Bank Trust Division, Crossmark Global Holdings Inc., Brookstone Capital Management, and IAM Advisory LLC.

Is Intuitive Surgical Inc (ISRG) a great value stock?

ISRG ranks lowest in Value; there it ranks in the 15th percentile. With a market capitalization of $119,381,414,209, Intuitive Surgical Inc has a greater market value than 97.81% of US stocks.

How much did earnings per share rise year over year?

On the other hand, when calculated according to generally accepted accounting principles (GAAP), earnings per share rose only 3% year over year to $1.04. (Turns out, the $1.30 profit was only a non-GAAP number).

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IS ISRG a good stock to buy?

Analysts, on average, see it as having an upside of 15% in the next 12 months. Considering that Intuitive is trading more than 20% below its 52-week high of $369.69 per share, it looks like the right time to buy this healthcare stock. Intuitive has the potential to outperform the market in the longer run.

Is ISRG a buy Zacks?

A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return5Strong Sell2.83%S&P50011.24%4 more rows

Is Intuitive Surgical overvalued?

Summary. ISRG' has a weak valuation at its current share price on account of a overvalued PEG ratio due to strong growth. ISRG's PE and PEG are worse than the market average leading to a below average valuation score. Click Here to get the full Report on Intuitive Surgical, Inc.

Does ISRG have debt?

Debt Coverage: ISRG has no debt, therefore it does not need to be covered by operating cash flow.

When did Intuitive stock split?

October 5, 2021As per the approval, each shareholder of record on September 27 would receive two additional shares of ISRG common stock for every one share held, with trading on the split-adjusted basis to become effective on October 5, 2021.

What is a VGM Score?

V stands for Value, G for Growth and M for Momentum. The VGM score is simply a weighted combination of those scores. The score will be a comprehensive tool that will allow investors to filter through the standard scoring system and better choose winning stocks.

How many times has Intuitive Surgical stock split?

According to our Intuitive Surgical stock split history records, Intuitive Surgical has had 2 splits.

How much cash does Intuitive Surgical have?

Intuitive Surgical cash on hand for the quarter ending March 31, 2022 was $3.986B, a 12.55% decline year-over-year. Intuitive Surgical cash on hand for 2021 was $4.204B, a 17.75% decline from 2020. Intuitive Surgical cash on hand for 2020 was $5.111B, a 58.66% increase from 2019.

Is Intuitive Surgical a buy right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intuitive Surgical in the last twelve months. There are...

When is Intuitive Surgical's next earnings date?

Intuitive Surgical is scheduled to release its next quarterly earnings announcement on Tuesday, July 19th 2022. View our earnings forecast for Int...

How were Intuitive Surgical's earnings last quarter?

Intuitive Surgical, Inc. (NASDAQ:ISRG) announced its quarterly earnings results on Thursday, April, 21st. The medical equipment provider reported $...

When did Intuitive Surgical's stock split? How did Intuitive Surgical's stock split work?

Intuitive Surgical's stock split on the morning of Tuesday, October 5th 2021. The 3-1 split was announced on Thursday, August 5th 2021. The newly i...

What price target have analysts set for ISRG?

18 Wall Street analysts have issued 1-year price objectives for Intuitive Surgical's stock. Their forecasts range from $280.00 to $363.33. On avera...

Who are Intuitive Surgical's key executives?

Intuitive Surgical's management team includes the following people: Dr. Gary S. Guthart Ph.D. , Pres, CEO & Director (Age 56, Pay $2.22M) Mr. Ma...

What is Gary S. Guthart's approval rating as Intuitive Surgical's CEO?

431 employees have rated Intuitive Surgical CEO Gary S. Guthart on Glassdoor.com . Gary S. Guthart has an approval rating of 99% among Intuitive S...

Who are some of Intuitive Surgical's key competitors?

Some companies that are related to Intuitive Surgical include Abbott Laboratories (ABT) , Medtronic (MDT) , Stryker (SYK) , Becton, Dickinson a...

What other stocks do shareholders of Intuitive Surgical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intuitive Surgical investors own include NVIDIA (NVDA) ,...

What happened

A little over a week after preannouncing sales for Q4 and full-year 2020 (which sent the stock up), robotic surgery specialist Intuitive Surgical ( ISRG -1.16% ) released its full earnings results last night -- which sent the stock down.

So what

We already knew (from the preannouncement) that Q4 sales had exceeded expectations -- $1.33 billion versus a consensus target of $1.23 billion. Last night, Intuitive Surgical confirmed that earnings were also better than expected.

NASDAQ: ISRG

When calculated according to generally accepted accounting principles ( GAAP ), Intuitive's profits weren't as great as that pro forma number, but Intuitive still earned $3.02, which was 1% better than in last year's Q4.

Now what

Honestly, I suspect this is the reason investors are selling off Intuitive Surgical stock this morning: They were hoping that the company's earnings beat would dwarf the size of its sales beat, and that didn't happen. But this doesn't mean the news was bad.

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Reason for ISRG stock decline

The revenue of the fourth quarter was $1.55 billion. It is an increase of 17% from the Q4 of 2020. In the fourth quarter of last year, the revenue was around $1.33 billion. The revenue increased due to the Vinci procedure volume and system placement sales. The sales from World da Vinci increased by 19% compared to the Q4 of fiscal 2021.

The effect on the stock decline

The fourth-quarter results were awe-inspiring when facing colossal supply chain problems. Investors are taking considerable interest in Intuitive Surgical, Inc. (ISRG) stock. The trading volume increased bad its stock is facing a slight decline in the regular trading session.

Conclusion

Intuitive Surgical, Inc. (ISRG) has reported a successful quarter and expects to grow simultaneously. The fourth quarter saw a massive supply chain disruption due to which it did not achieve the desired target, but the company is still in profit in the fourth quarter.

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Is Citigroup a Motley Fool company?

Citigroup is an advertising partner of The Ascent, a Motley Fool company. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Intuitive Surgical. The Motley Fool recommends the following options: long January 2022 $580 calls on Intuitive Surgical and short January 2022 $600 calls on Intuitive Surgical. The Motley Fool has a disclosure policy.

What is the symbol for Isrg?

Intuitive Surgical trades on the NASDAQ under the ticker symbol "ISRG."

When will intuitive surgical stock split?

Intuitive Surgical's stock split before market open on Tuesday, October 5th 2021. The 3-1 split was announced on Thursday, August 5th 2021. The newly minted shares were distributed to shareholders after the market closes on Monday, October 4th 2021. An investor that had 100 shares of Intuitive Surgical stock prior to the split would have 300 shares after the split.

When did the 3-1 split happen?

The 3-1 split was announced on Friday, August 11th 2017. The newly minted shares were payable 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.

Does intuitive surgical pay dividends?

Intuitive Surgical does not currently pay a dividend.

Intuitive Surgical, Inc. (ISRG) Gains But Lags Market: What You Should Know

Intuitive Surgical, Inc. (ISRG) closed at $293.51 in the latest trading session, marking a +1.78% move from the prior day.

2 Unstoppable Growth Stocks to Buy and Hold Forever

Historically, the stock market has been one of the best tools available to the ordinary person looking to get richer. If that's your goal, two stocks that are worth your hard-earned money are Intuitive Surgical (NASDAQ: ISRG) and Shopify (NYSE: SHOP).

Could The Intuitive Surgical, Inc. (NASDAQ:ISRG) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Intuitive Surgical, Inc. ( NASDAQ:ISRG ), then you'll have to look at the...

What is the quality of ISRG?

ISRG has a Quality Grade of B, ranking ahead of 83% of graded US stocks.

What is lung cancer surgery market?

Lung Cancer Surgery Market is an outstanding market research report that conducts industry analysis on products, markets, companies, industries, and many countries worldwide. When it is about guessing general market conditions, the growth prospects in the market, likely restrictions, significant

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