How to Buy Intuitive Surgical Stock
Intuitive Surgical Inc
Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care in the United States and internationally.
Intuitive Surgical stock last closed at $550.41, up 0.5% from the previous day, and has increased 77.4% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.6 percentage points. Intuitive Surgical stock is currently +78.37% from its 52-week low of $308.58, and -1.05% from its 52-week high of $556.23.
As of Dec 6, 2024, there are 356.18M ISRG shares outstanding. The market cap of ISRG is $196.04B. In the last 24 hours, 1.01M ISRG shares were traded.
How to Buy Intuitive Surgical Stock
Not sure how to invest in Intuitive Surgical stock? Here's how.
- Decide where to buy Intuitive Surgical stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Intuitive Surgical stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your information.
- Research Intuitive Surgical stock: The Intuitive Surgical ticker symbol is ISRG. Is Intuitive Surgical stock a good investment? Should you buy shares of ISRG? How do ISRG's underlying business fundamentals look? Do top analysts think Intuitive Surgical is a good buy? Why has ISRG's stock price moved recently? (Hint: Our stock market research tools can help you understand if ISRG is a good stock to buy).
- Execute your ISRG buy order: Decide if you will purchase ISRG shares at the current market price or use a limit order to buy ISRG stock at a specific price.
- Track your ISRG position: Create a watchlist to watch your investment in Intuitive Surgical stock.
Step 1: Decide where to buy Intuitive Surgical stock
You will need an online brokerage account in order to access the NASDAQ market and buy ISRG shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Financial Services, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you can invest in ISRG today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock app for beginners, you need to deposit funds:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Research Intuitive Surgical stock
After you have identified the best place to buy Intuitive Surgical stock, it's crucial to research their stock prior to investing, so you can comprehend the risk and opportunity.
Overview of key ISRG info
Fundamentals of Intuitive Surgical
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on ISRG's stock page.
Is ISRG stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ISRG's intrinsic value.
Using relative valuations ratios:
- ISRG may be overvalued based on its P/E ratio of 86.95x, relative to Medical Instruments & Supplies industry P/E ratio of 38.62x
- ISRG could be overvalued based on its P/B ratio of 12.58x, relative to Medical Instruments & Supplies industry P/B ratio of 4.01x
- ISRG may be overvalued based on its PEG ratio of 17.43x
You can access additional valuation analysis on ISRG's stock here.
A quick look at ISRG Financials
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the ISRG balance sheet.
- There are more short-term assets than long-term liabilities on the ISRG balance sheet.
- Total ISRG debt is lower than 5 years ago, relative to shareholder equity.
- ISRG has a low debt to equity ratio of 0.13.
- ISRG's operating cash flow of $1.82B allows it to safely service it's debt of $0.00.
- ISRG profit margin has gone up from 22.1% to 28.5% in the past year.
- ISRG earnings of $2.36B is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy Intuitive Surgical stock
Out of 16 Wall Street analysts who give recommendations on ISRG, the consensus analyst rating on Intuitive Surgical is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent ISRG Analyst Upgrades/Downgrades
Larry Biegelsen, a top 10% analyst from Wells Fargo maintains ISRG with a strong buy rating and raises their ISRG price target from $466.00 to $549.00, on Oct 18, 2024.
Shagun Singh, a top 29% analyst from RBC Capital maintains ISRG with a buy rating and raises their ISRG price target from $525.00 to $555.00, on Oct 18, 2024.
David Rescott, a top 26% analyst from Baird maintains ISRG with a buy rating and raises their ISRG price target from $503.00 to $565.00, on Oct 18, 2024.
Jayson Bedford, a top 16% analyst from Raymond James maintains ISRG with a buy rating and raises their ISRG price target from $500.00 to $540.00, on Oct 14, 2024.
Richard Newitter, a top 6% analyst from Truist Securities maintains ISRG with a strong buy rating and raises their ISRG price target from $520.00 to $570.00, on Oct 14, 2024.
Truist Securities's Richard Newitter raised their price target on Intuitive Surgical (NASDAQ: ISRG) by 9.6% from $520 to $570 on 2024/10/14. The analyst maintained their Strong Buy rating on the stock.
Intuitive Surgical will report its Q3 2024 earnings on 2024/10/17.
In a MedTech sector preview note, Newitter cautioned that although the Street will probably give "a pass" to any hurricane-related headwind call-outs for Q4, "those headwinds could cause companies with elective or deferrable procedure areas to offer muted guidance raises."
For Intuitive Surgical, the analyst argued that "the stock deserves a premium (towards the upper-end of its historical range) multiple because of sustained, elevated procedure growth and a new product cycle now close with the potential to drive significant revenue and EPS growth acceleration."
Earnings Report
For Q3 2024, Intuitive Surgical reported:
- EPS of $1.84, which beat the Zacks Consensus Estimate of $1.65 and, by 26%, Q3 2023’s $1.46.
- Revenue of $2.04B, which beat the Zacks Consensus Estimate by 1.17% and, by 17%, Q3 2023’s $1.74.
For FY 2024, management guided:
- Procedure growth of 16% to 17%.
- Gross profit margin of 68.5% to 69% of net revenue.
- Operating expense growth of 10% and 12%.
- Other income of $325M to $345M.
- Capex of $1B to $1.2B.
CEO Gary S. Guthart commented in the earnings call: “Q3 2024 was a good quarter for us with healthy procedure growth, solid capital placements, and strong operational execution in a dynamic global environment.
“We're still relatively early in our opportunity to localize our capabilities to serve more patients worldwide.
“Overall, our teams have been strengthening our ability to serve our customers globally at an industrial scale, expanding the applicability of robot-assisted surgery and other interventions by pursuing new platforms, products, and services and obtaining new clinical indications.
“We've also been strengthening our digital ecosystem to support our customers and company with high-quality data and insight.
“The opportunity to improve outcomes for patients and our customers' quintuple aim through advanced technology ecosystems like ours is bigger than ever, and we are focused on disciplined execution to get there.”
You can dig deeper into what analysts are forecasting on the Intuitive Surgical stock forecast page.
ISRG Technical Indicators
ISRG Growth Metrics
Last year, ISRG earnings were $2.24B. During the past five year, ISRG's earnings have grown by 10.7% per year. This was slower than the Medical Instruments & Supplies industry average of 17.59%.
Last year, ISRG revenue was $7.87B. In the last 5 year, ISRG's revenue has gone up by 13.12% per year. This was faster than the Medical Instruments & Supplies industry average of 10.25%.
Learn more about ISRG's earnings and revenue performance here.
What are ISRG insiders up to?
In the last 12 months, insiders at ISRG have bought more shares than they have sold.
Robert Desantis, EVP Chief Strategy Corp Op of ISRG, was the latest ISRG insider to buy. They bought $39,273.20 worth of ISRG stock on Nov 29, 2024.
Get more info about who owns ISRG stock here.
Does ISRG stock generate passive income?
No, Intuitive Surgical doesn't provide an income stream by paying out dividends.
What others are saying about ISRG
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your ISRG buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Press the Open button and eToro will execute the order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Track your ISRG position
Now that you own some ISRG shares, you'll want to keep up with your new company.
Start a watchlist to track your ISRG stock.
ISRG Feed
How to Buy Stock in Intuitive Surgical
To reiterate, here are the 6 steps to buy stock in Intuitive Surgical:
- Decide where to buy Intuitive Surgical stock
- Create your brokerage account
- Deposit money your investment account
- Research Intuitive Surgical stock
- Execute your ISRG buy order
- Track your ISRG position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Intuitive Surgical, hit the button below to create your watchlist.
Other Articles You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.