Stock analysts at Jefferies Group began coverage on shares of Intuitive Surgical (NASDAQ:ISRG) in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
A number of other firms have also recently commented on ISRG. Analysts at CRT Capital initiated coverage on shares of Intuitive Surgical in a research note to investors on Monday, November 25th. They set a “sell” rating and a $305.00 price target on the stock. Separately, analysts at TheStreet downgraded shares of Intuitive Surgical from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, October 29th. Finally, analysts at TheStreet downgraded shares of Intuitive Surgical from a “buy” rating to a “hold” rating in a research note to investors on Monday, October 21st. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $449.73.
Shares of Intuitive Surgical (NASDAQ:ISRG) traded down 0.77% on Thursday, hitting $367.84. 269,680 shares of the company’s stock traded hands. Intuitive Surgical has a 1-year low of $357.02 and a 1-year high of $585.67. The stock has a 50-day moving average of $382.3 and a 200-day moving average of $413.5. The company has a market cap of $14.001 billion and a P/E ratio of 22.17.
Intuitive Surgical (NASDAQ:ISRG) last announced its earnings results on Thursday, October 17th. The company reported $3.99 earnings per share for the quarter, beating the analysts’ consensus estimate of $3.40 by $0.59. The company had revenue of $499.00 million for the quarter, compared to the consensus estimate of $525.47 million. During the same quarter last year, the company posted $4.46 earnings per share. Intuitive Surgical’s revenue was down 7.2% compared to the same quarter last year. On average, analysts predict that Intuitive Surgical will post $16.25 earnings per share for the current fiscal year.
Intuitive Surgical, Inc (NASDAQ:ISRG) designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories.
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