NasdaqGS:ISRG

Stock Analysis Report

Executive Summary

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Intuitive Surgical's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.6%

NasdaqGS:ISRG

-0.9%

US Medical Equipment

1.3%

US Market


1 Year Return

-7.9%

NasdaqGS:ISRG

9.1%

US Medical Equipment

2.0%

US Market

ISRG underperformed the Medical Equipment industry which returned 8.7% over the past year.

ISRG underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

ISRGIndustryMarket
7 Day3.6%-0.9%1.3%
30 Day5.6%0.7%3.9%
90 Day3.2%4.4%3.4%
1 Year-7.9%-7.9%10.0%9.1%4.2%2.0%
3 Year128.7%128.7%70.7%65.5%47.2%37.6%
5 Year234.3%234.3%130.7%104.3%60.5%42.9%

Price Volatility Vs. Market

How volatile is Intuitive Surgical's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Intuitive Surgical undervalued based on future cash flows and its price relative to the stock market?

49.61x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Intuitive Surgical's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Intuitive Surgical's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Intuitive Surgical is overvalued based on earnings compared to the US Medical Equipment industry average.

Intuitive Surgical is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Intuitive Surgical is poor value based on expected growth next year.


Price Based on Value of Assets

Intuitive Surgical is overvalued based on assets compared to the US Medical Equipment industry average.


Next Steps

Future Growth

How is Intuitive Surgical expected to perform in the next 1 to 3 years based on estimates from 18 analysts?

8.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Intuitive Surgical's revenue is expected to grow by 13% yearly, however this is not considered high growth (20% yearly).

Intuitive Surgical's earnings are expected to grow by 8.8% yearly, however this is not considered high growth (20% yearly).

Intuitive Surgical's revenue growth is expected to exceed the United States of America market average.

Intuitive Surgical's earnings growth is positive but not above the United States of America market average.

Intuitive Surgical's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Intuitive Surgical is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Intuitive Surgical performed over the past 5 years?

18.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Intuitive Surgical's year on year earnings growth rate has been positive over the past 5 years.

Intuitive Surgical's 1-year earnings growth exceeds its 5-year average (49.4% vs 18.7%)

Intuitive Surgical's earnings growth has exceeded the US Medical Equipment industry average in the past year (49.4% vs 28.9%).


Return on Equity

Intuitive Surgical has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Intuitive Surgical used its assets more efficiently than the US Medical Equipment industry average last year based on Return on Assets.


Return on Capital Employed

Intuitive Surgical's use of capital has not improved over the past 3 years (Return on Capital Employed).


Next Steps

Financial Health

How is Intuitive Surgical's financial position?


Financial Position Analysis

Intuitive Surgical is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Intuitive Surgical's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Intuitive Surgical has no debt.

Intuitive Surgical has not taken on any debt in the past 5 years.

Intuitive Surgical has no debt, it does not need to be covered by operating cash flow.

Intuitive Surgical has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Intuitive Surgical has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Intuitive Surgical's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Intuitive Surgical's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Intuitive Surgical's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Intuitive Surgical has not reported any payouts.

Unable to verify if Intuitive Surgical's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Intuitive Surgical has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Intuitive Surgical's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Intuitive Surgical's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average management tenure


CEO

Gary Guthart (53yo)

9.7yrs

Tenure

US$6,423,078

Compensation

Dr. Gary S. Guthart, Ph.D., has been Chief Executive Officer of Intuitive Surgical, Inc. since January 01, 2010 and also had been its President since July 12, 2007 until 2019. Dr. Guthart served as the Chi ...


CEO Compensation Analysis

Gary's remuneration is lower than average for companies of similar size in United States of America.

Gary's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.8yrs

Average Tenure

55yo

Average Age

The average tenure for the Intuitive Surgical management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.5yrs

Average Tenure

61yo

Average Age

The tenure for the Intuitive Surgical board of directors is about average.


Insider Trading

Intuitive Surgical individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$106,03420 Aug 19
Lonnie Smith
EntityIndividual
Role
Chairman of the Board
Chairman
Shares215
Max PriceUS$493.18
SellUS$112,00018 May 19
Lonnie Smith
EntityIndividual
Role
Chairman of the Board
Chairman
Shares227
Max PriceUS$493.39
SellUS$114,77728 Feb 19
Lonnie Smith
EntityIndividual
Role
Chairman of the Board
Chairman
Shares210
Max PriceUS$546.56
SellUS$121,50908 Nov 18
Lonnie Smith
EntityIndividual
Role
Chairman of the Board
Chairman
Shares225
Max PriceUS$540.04

Ownership Breakdown


Management Team

  • Marshall Mohr (63yo)

    Executive VP & CFO

    • Tenure: 0yrs
    • Compensation: US$3.33m
  • Gary Guthart (53yo)

    CEO & Director

    • Tenure: 9.7yrs
    • Compensation: US$6.42m
  • Jamie Samath (48yo)

    VP, Corporate Controller & Principal Accounting Officer

    • Tenure: 5.9yrs
  • Kara Reiter (55yo)

    Senior VP

    • Tenure: 1.2yrs
  • David Stoffel

    Vice President of Marketing & New Business Development

    • Tenure: 5.7yrs
  • Sal Brogna (64yo)

    Executive VP & COO

    • Tenure: 1.8yrs
    • Compensation: US$4.58m
  • Dave Rosa (51yo)

    Executive VP & Chief Business Officer

    • Tenure: 6.7yrs
    • Compensation: US$4.54m
  • Myriam J. McAdams (62yo)

    Executive VP & Chief Medical Officer

    • Tenure: 13.8yrs
    • Compensation: US$4.15m
  • Calvin Darling

    Senior Director of IR

    • Tenure: 0yrs
  • Suresh Sathyamurthy

    Senior Vice President of Global Marketing

    • Tenure: 1yrs

Board Members

  • Amal Johnson (66yo)

    Director

    • Tenure: 9.4yrs
    • Compensation: US$364.57k
  • Lonnie Smith (75yo)

    Chairman

    • Tenure: 16.4yrs
    • Compensation: US$445.97k
  • Don Kania (64yo)

    Director

    • Tenure: 1.2yrs
    • Compensation: US$236.36k
  • Craig Barratt (57yo)

    Independent lead Director

    • Tenure: 1.4yrs
    • Compensation: US$399.27k
  • Alan Levy (81yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$363.57k
  • Jami K. Nachtsheim (60yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$350.57k
  • Gary Guthart (53yo)

    CEO & Director

    • Tenure: 9.7yrs
    • Compensation: US$6.42m
  • Keith Leonard (57yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$354.57k
  • Amy Ladd

    Director

    • Tenure: 0.08yrs
  • Mark Rubash (61yo)

    Independent Director

    • Tenure: 11.9yrs
    • Compensation: US$367.57k

Company Information

Intuitive Surgical, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Intuitive Surgical, Inc.
  • Ticker: ISRG
  • Exchange: NasdaqGS
  • Founded: 1995
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: US$60.303b
  • Shares outstanding: 115.25m
  • Website: https://www.intuitive.com

Number of Employees


Location

  • Intuitive Surgical, Inc.
  • 1020 Kifer Road
  • Sunnyvale
  • California
  • 94086
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ISRGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2000
IUI1DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2000
0R29LSE (London Stock Exchange)YesCommon StockGBUSDJun 2000
ISRGWBAG (Wiener Boerse AG)YesCommon StockATEURJun 2000
ISRG *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJun 2000

Biography

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. Its da Vinci Surgical System transforms the surgeon’s natural hand movements  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 23:39
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.