Earnings Calendar (15Apr24) - can Intuitive Surgical hit a new high?
Earnings Calendar (15 Apr 2024)
There are a few earnings of interest in the coming week with the likes of Goldman Sachs, Bank of America, United, Johnson & Johnson, ASML, Netflix and American Express.
Let us look into the recent performance of Intuitive Surgical ($ISRG).
ISRG has hit its 52-week high recently and is ranging near the top price.
The stock price has gained over 44% from a year ago. Investing has a recommended “Strong Sell” rating for this stock.
Observations:
Revenue growth $2.1B (2014) to $7.1B (2023)
The gross profit margin is 68.4% based on the 10-year median.
FCF is a strong 26.3% based on the 10-year median.
Operating profits growth $0.5B (2014) to $1.7B (2023)
For the coming earnings, the forecast is 1.42 and $1.87B respectively for its EPS and Revenue. Can ISRG break the ceiling to hit a new high?
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