Why ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $37.22 on ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.01 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) stands at 40.61. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For ZELTIQ Aesthetics, Inc., the PEG ratio for coming 3-5 years is 112.13. Technical Analysis The technical analysis highlights that ZELTIQ Aesthetics, Inc. current price is trading $4.20 points away +14.23% from $29.55, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $26.63 and, for now, the stock price is trading $7.12 or +26.73% away from that point. The 52-week high of ZELTIQ Aesthetics, Inc. (NASDAQ:ZLTQ) was $38.49 while lowest point recorded in 52-week was $18.41. It implies if stock price makes a movement of over $-4.74, it will record a new 52-week high. In the case of $+83.32% points drop, it will touch a new 52-week low.

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