Analyst Ratings for Zeltiq Aesthetics Inc (ZLTQ)Updated: 2017-04-07
Zeltiq Aesthetics Inc (NASDAQ:ZLTQ) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, ZLTQ was issued an average rating of Hold.
Of the 10 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 9 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 9 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for ZLTQ. The most optimistic price target was 58, implying potential capital gains of 2.76 percent. The lowest price target was 56, implying a possible loss of -0.78 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -14.36 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.85 percent. If we look at the last 90 days instead, we find a net average change of -30.72 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, ZLTQ hit 56.48 at the highest peak, while it's lowest trading point was 23.58. The current market price is above the trailing year's low by 139.36 percent, and 0.07 percent lower than its 52-week high. ZLTQ has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ZLTQ value stock report compares ZLTQ to some of its peers using value stock charts. The stock has a market capitalization of $2.28 billion. ZLTQ will post this quarters earnings in days, on 0000-00-00.