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.
Many analysts weighed in on price targets for ZLTQ. The most optimistic analyst gave a price target of 58, implying potential capital gains of 2.76 percent. The lowest price target was 56, implying a possible loss of -0.78 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
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 below the 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 market cap of ZLTQ is $2.28 billion. ZLTQ's next earnings release will be on 0000-00-00, which is days away.