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Intuitive Surgical (ISRG) Crumbles: Stock Falls by 6.8%
April 10, 2014

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Intuitive Surgical, Inc. (ISRG - Free Report) saw a big move last session, as the company’s shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend of the company, as the stock is now trading within the volatile price range of $422.1 to $540.6 in the past one-month time frame.
This Medical Equipments provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
ISRG currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked stocks in the Medical Instruments industry include Cynosure, Inc. , Syneron Medical Ltd. and Delcath Systems, Inc. . All these stocks carry a Zacks Rank #1 (Strong Buy).
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