Intuitive Surgical develops, manufactures, and markets the da Vinci® Surgical System and the Ion™ endoluminal system. The systems consist of a surgeon console or consoles, a patient-side cart, a vision system, and proprietary instruments and accessories. Co.'s technology is designed to provide surgeons with a range of motion analogous to the motions of a human wrist, while filtering out the tremors inherent in a surgeon's hands. Co.'s primary platform for robotic-assisted surgery is its family of da Vinci Surgical Systems. The da Vinci Surgical System allows surgeons to operate while seated at an ergonomic console viewing a three-dimensional, high definition image of the surgical field. We show 47 historical shares outstanding datapoints in our ISRG shares outstanding history coverage, used to compute ISRG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ISRG market cap history over the course of time is important for investors
interested in comparing ISRG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ISRG versus a peer is one thing; comparing
ISRG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ISRG can fluctuate over the course of history.
With this page we aim to empower investors researching ISRG by allowing them to research the ISRG market cap history. |
Video: The Importance of Market Cap
