What is 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.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
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. It offers the da Vinci Surgical System that enables surgical procedures using a minimally invasive approach; and Ion endoluminal system, which extends its commercial offerings beyond surgery into diagnostic endoluminal procedures enabling minimally invasive biopsies in the lung. The company is listed on the NASDAQ in USA, operating in the Healthcare sector, with a market capitalisation of 150.74B, and a P/E ratio of 48.9x.
A short list of Medical Instruments & Supplies names that are close enough in size to make side-by-side comparison useful.
| Shares sold | Shares bought | |
|---|---|---|
| 0-3months | 0 | 0 |
| 3-6months | 0 | 0 |
| 6-9months | 1332,943 shares $17.3M | 0 |
| 9-12months | 0 | 0 |
Openbook research
Intuitive beat with 22% revenue growth and 546 da Vinci placements, yet ISRG fell 7% after it flagged a 3-5% cut to instrument revenue per procedure.
J&J beat on adjusted EPS and raised full-year guidance, yet the shares closed 5.73% lower at $248.61. MedTech growth of just 2.5% is the reason.