Intuitive Surgical Inc (NASDAQ:ISRG) is ranked as a Strong Buy using Louis Navellier's methodology for investing and his Portfolio Grader stock evaluator. ISRG has maintained this ranking for 7 months.
The company is one of 162 companies within the Health Care Equipment & Supplies GICS industry group, which is in turn part of the 783 company GICS Health Care sector. ISRG's market value is $40.3 billion which falls in the top decile in its industry group The stock's current Portfolio Grader score places it 7 among the 162 companies in this industry group, putting it in the top decile.
Portfolio Grader currently ranks the Health Care sector number 10 among the 12 sectors in its universe putting it in the bottom quartile of all the GICS sectors. The Health Care Equipment & Supplies industry group is ranked 45 among the 69 industry groups within the GICS sectors, placing it below-average in terms of the Navellier scoring system.
Within the Portfolio Grader stock ranking system Intuitive Surgical has attained above-average scores in 6 of the 8 fundamental areas appraised.
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 score for return on equity is strikingly better than its industry group average but its grade for cash flow is below-average. Based on these fundamental scores, Intuitive Surgical places in the top quartile of the industry group.
Portfolio Grader uses the Navellier Proprietary Quantitative Score to view ISRG's shares from the viewpoint of risk/reward. This unique scoring methodology takes into account the relative value of the company'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. Using this risk/reward calculation, ISRG 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.