How Much Can Intuitive Surgical’s Stock Move In 2018?
2017 was a solid year for Intuitive Surgical’s (NASDAQ:ISRG) stock. The stock has more than doubled since the beginning of 2017. There has been renewed investor enthusiasm as product sales accelerated and the company’s flagship da Vinci surgical systems have expanded into a wider range of surgical procedures. Is this stock price level sustainable? If the multiples were to remain the same, the market price could see some correction this year. We have created an interactive valuation calculator dashboard using Trefis’ interactive technology where you can modify inputs such as EBITDA multiples and fundamentals determining Intuitive Surgical’s 2018 EBITDA (earnings before interest, taxes, depreciation and amortization) and valuation.
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