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Is Intuitive Surgical (ISRG) Outperforming Other Medical Stocks This Year?

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Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Is Intuitive Surgical (ISRG - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Medical peers, we might be able to answer that question.

Intuitive Surgical is a member of our Medical group, which includes 1238 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ISRG is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for ISRG's full-year earnings has moved 12.65% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that ISRG has returned about 19.60% since the start of the calendar year. Meanwhile, stocks in the Medical group have lost about 2.82% on average. This means that Intuitive Surgical is performing better than its sector in terms of year-to-date returns.

Looking more specifically, ISRG belongs to the Medical - Instruments industry, which includes 159 individual stocks and currently sits at #177 in the Zacks Industry Rank. This group has lost an average of 9.53% so far this year, so ISRG is performing better in this area.

Investors with an interest in Medical stocks should continue to track ISRG. The stock will be looking to continue its solid performance.


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