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.
Several price targets were given for ZLTQ by the analysts covering the stock. The most optimistic price target was 58, which equates to a potential upside of 2.76 percent. The most pessimistic analyst gave a price target of 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. The average change in earnings estimates over the last 90 days is -14.36 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.85 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -30.72 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
In the last 52-weeks, ZLTQ has achieved a high of 56.48 and a low of 23.58. Currently the stock is 139.36 percent higher than its low, 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 market cap of ZLTQ is $2.28 billion. ZLTQ's next earnings release will be on 0000-00-00, which is days away.