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.
A number of analysts gave price targets for ZLTQ. The maximum price target given was 58, which equates to a potential upside of 2.76 percent. The most pessimistic price target was 56, which equates to a potential downside of -0.78 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -14.36 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.85 percent, compared to last month. 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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
ZLTQ has traded between a high of 56.48 and a low of 23.58 over the past year. Currently the stock is 139.36 percent higher than its low, and below the high by 0.07 percent. ZLTQ has a price/earnings 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 market cap of ZLTQ is $2.28 billion. ZLTQ is estimated to release their earnings results for the quarter on 0000-00-00, days from today.