Intuitive Surgical (NASDAQ:ISRG) had its target price decreased by Goldman Sachs Group Inc. to $391.00 in a report issued on Friday, AnalystRatingsNetwork reports.
ISRG has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Intuitive Surgical from $403.00 to $395.00 in a research note to investors on Friday. They now have a hold rating on the stock. Separately, analysts at Northland Capital Partners downgraded shares of Intuitive Surgical from a market perform rating to an under perform rating in a research note to investors on Friday. They now have a $275.00 price target on the stock, down previously from $370.00. Finally, analysts at Northland Securities downgraded shares of Intuitive Surgical from a market perform rating to an underperform rating in a research note to investors on Friday. They now have a $275.00 price target on the stock, down previously from $370.00. Four research analysts have rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of Hold and an average price target of $460.07.
Shares of Intuitive Surgical (NASDAQ:ISRG) traded down 0.40% during mid-day trading on Friday, hitting $370.54. 294,590 shares of the company’s stock traded hands. Intuitive Surgical has a 52 week low of $357.02 and a 52 week high of $585.67. The stock has a 50-day moving average of $378.4 and a 200-day moving average of $438.. The company has a market cap of $14.302 billion and a price-to-earnings ratio of 22.25.
Intuitive Surgical (NASDAQ:ISRG) last issued its quarterly earnings data on Thursday, October 17th. The company reported $3.99 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $4.46 earnings per share. The company’s quarterly revenue was down 7.2% on a year-over-year basis. On average, analysts predict that Intuitive Surgical will post $16.23 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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