Intuitive Surgical Inc (NASDAQ:ISRG) is ranked as a Strong Buy using the Portfolio Grader stock evaluator of Louis Navellier, which incorporates his investing methodology. This represents no change from the previous week and is the same ranking ISRG has had from Portfolio Grader for 6 months.
The company ranks in the top decile in its industry group, Health Care Equipment & Supplies, and in the top 10% of its sector group, Health Care, with a market value of $37.4 billion.
The Health Care sector is ranked number 8 among the 12 sectors in the Portfolio Grader universe putting it in the third quartile of all the GICS sectors. The Health Care Equipment & Supplies industry group is ranked 44 among the 69 industry groups within the GICS sectors, placing it below-average in terms of the Navellier scoring system.
Intuitive Surgical has realized above-average scores in 6 of the 8 fundamental areas appraised by Portfolio Grader in the ranking of company stocks.
The company's operational scores are a source of strength with a ranking for sales growth, operating margin and earnings growth that are discernibly above average. Scores for visibility of earnings are mixed, with a ranking for earnings surprises that is worse than average, while the scores for earnings revisions and earnings momentum are better than average. ISRG's ranking for return on equity is significantly better than its industry group average but its grade for cash flow is below-average. Intuitive Surgical's fundamental scores give ISRG a place in the top quartile of the industry group.
Portfolio Grader quantitatively gauges ISRG's shares using the Navellier Proprietary Quantitative Score. This metric looks at ISRG's shares from the angle of risk/reward. This unique scoring methodology takes into account the relative value of ISRG's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Considering this risk/reward calculation, the company currently scores well above-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.