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 analyst gave a price target of 58, implying potential capital gains of 2.76 percent. The lowest price target was 56, implying potential capital losses of -0.78 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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 made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. Currently the stock is 139.36 percent higher than its low, and below the high by 0.07 percent. 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.