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About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Intuitive Surgical Confirms Bullish Flag: 25% to 30% Upside Ahead

By: MarketBeat

Robotic surgery. Medical team performing operation. Minimally invasive robotic surgery.

Technical traders and technically-minded investors will rejoice after a look at the Intuitive Surgical (NASDAQ: ISRG) price chart. The market for this leading med-tech company has produced a strong rally since summer, rising $115 from the low to the high in September, or about 30%, and now signaling that the trend will continue for this healthcare company. 

The signal is a solid bullish flag pattern that suggests the move is only half over. The projections from the critical point, the point of the flag, put the market at $595 to $624, which is good for another 25% to 30% upside. And the best news is that this run is not merely technical. There are ample reasons for investors to love this stock, including its market position, industry-leading growth, cash flow, and value-building capability. 

Intuitive Surgical Accelerates Business in Q3 2024

There is nothing in Intuitive Surgicals Q3 release that investors won’t like. The company reported $2.04 billion in net revenue for a gain of 17.2% over last year, outpacing the consensus forecasts as revenue growth accelerated sequentially and YoY. Strength is due to results in both segments, with systems and services producing solid growth. Systems include 379 new da Vinci placements, a 15% increase in the installed base, and significant demand for the da Vinci 5 next-gen robotic surgical system. It accounted for 30% of the systems placed. Services grew on an 18% increase in procedure volume and Instruments & Accessories demand. 

The margin news is equally good. The company widened its margins at the gross and operating levels to deliver leverage bottom-line growth. The GAAP net income is up 35%, leaving the GAAP EPS at $1.56 and adjusted at $1.84. The adjusted earnings are up by 26% compared to last year and outpaced the consensus by $0.20 or 1200 basis points, strengthening an already solid financial position. The guidance issued during the conference is also good, with revenue targets raised to the high end and expense growth lowered to the low, setting up another quarter for significant cash flow and value growth. 

Intuitive Surgical: Banking on Healthcare

Intuitive Surgical’s cash flow and operational quality are unmatched. The company produces robust earnings and cash flow, with the Q3 adjusted income of $669 million, 32% of revenue. The cash flow and free cash flow allow for reinvestment, R&D, and CAPEX while sustaining and improving the fortress balance sheet. 

The company doesn’t pay dividends or buy back significant amounts of stock but is building a robust cash position, has no debt and incredibly low liability, and is creating shareholder value. The highlights from Q3 include an 8.25% build in cash, a 15% increase in total assets, 0.25x total leverage relative to cash, 0.12x relative to equity, and a 17% increase in equity. 

Analysts Drive ISRG Stock to New Highs

The analysts' response to the news was favorable to the market. The fifteen revisions released immediately after the report were positive, reaffirming the Moderate Buy/Buy consensus and raising price targets. The range of new targets runs from $475 to $604, a slight decline to a 17% upside at the high end, with most targets in the $550 to $604 range. 

The risk for investors is the valuation. Trading at all-time highs, the stock is nearly 70x its current-year earnings, which is a high valuation pricing in substantial growth. However, with growth accelerating in 2024 and expected to be sustained at high levels in 2025 and 2026, the market can continue to run higher until the outlook changes. That may not be for several more years because da Vinci is gaining traction globally with new approvals announced regularly.

Intuitive Surgical ISRG stock chart

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