$1.40M in average volume shows that Intuitive Surgical Inc (ISRG) is heading in the right direction

A new trading day began on Friday, with Intuitive Surgical Inc (NASDAQ: ISRG) stock price down -0.13% from the previous day of trading, before settling in for the closing price of $418.15. ISRG’s price has ranged from $254.85 to $419.17 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 14.41% over the last five years. Meanwhile, its annual earnings per share averaged 10.02%. With a float of $352.27 million, this company’s outstanding shares have now reached $352.30 million.

The firm has a total of 13676 workers. Let’s measure their productivity.

Intuitive Surgical Inc (ISRG) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Intuitive Surgical Inc is 0.69%, while institutional ownership is 86.19%. The most recent insider transaction that took place on Jun 05 ’24, was worth 575,400. In this transaction Director of this company sold 1,400 shares at a rate of $411.00, taking the stock ownership to the 0 shares. Before that another transaction happened on Jun 03 ’24, when Company’s Director sold 2,496 for $402.89, making the entire transaction worth $1,005,613. This insider now owns 0 shares in total.

Intuitive Surgical Inc (ISRG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 10.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.56% during the next five years compared to 9.71% growth over the previous five years of trading.

Intuitive Surgical Inc (NASDAQ: ISRG) Trading Performance Indicators

Here are Intuitive Surgical Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 20.24. Likewise, its price to free cash flow for the trailing twelve months is 248.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.54, a number that is poised to hit 1.54 in the next quarter and is forecasted to reach 7.37 in one year’s time.

Technical Analysis of Intuitive Surgical Inc (ISRG)

Analysing the last 5-days average volume posted by the [Intuitive Surgical Inc, ISRG], we can find that recorded value of 1.4 million was lower than the volume posted last year of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 93.12%. Additionally, its Average True Range was 8.98.

During the past 100 days, Intuitive Surgical Inc’s (ISRG) raw stochastic average was set at 95.47%, which indicates a significant increase from 88.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.71% in the past 14 days, which was lower than the 21.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $388.86, while its 200-day Moving Average is $344.72. Now, the first resistance to watch is $420.19. This is followed by the second major resistance level at $422.76. The third major resistance level sits at $424.96. If the price goes on to break the first support level at $415.42, it is likely to go to the next support level at $413.22. Should the price break the second support level, the third support level stands at $410.65.

Intuitive Surgical Inc (NASDAQ: ISRG) Key Stats

With a market capitalization of 148.13 billion, the company has a total of 354,700K Shares Outstanding. Currently, annual sales are 7,124 M while annual income is 1,798 M. The company’s previous quarter sales were 1,891 M while its latest quarter income was 544,900 K.