Price Over Earnings Overview: Intuitive Surgical
Portfolio Pulse from Benzinga Insights
Intuitive Surgical Inc.'s (NASDAQ:ISRG) shares are trading at $314.13, after a 3.03% decrease. Over the past month, the stock fell by 5.92%, but over the past year, it increased by 29.56%. The company's price-to-earnings ratio is lower than the aggregate P/E of the Health Care Equipment & Supplies industry, which could indicate that the stock is undervalued or that shareholders do not expect future growth.
August 04, 2023 | 11:58 am
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Intuitive Surgical's stock has seen a decrease in the short term but an increase in the long term. Its lower P/E ratio compared to the industry average could suggest that the stock is undervalued or that future growth is not expected.
The stock's recent decrease and lower P/E ratio could indicate a lack of confidence in its short-term performance. However, the long-term increase and the possibility that the stock is undervalued could make it attractive to long-term investors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100