A share price of Zoetis Inc [ZTS] is currently trading at $174.81, up 1.29%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ZTS shares have gain 4.07% over the last week, with a monthly amount glided 3.10%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Zoetis Inc [NYSE: ZTS] stock has seen the most recent analyst activity on January 12, 2024, when Stifel reiterated its Buy rating and also boosted its price target to $215 from $195. On December 07, 2023, Exane BNP Paribas initiated with a Outperform rating and assigned a price target of $237 on the stock. HSBC Securities started tracking the stock assigning a Buy rating and suggested a price target of $230 on September 06, 2023. Piper Sandler initiated its recommendation with a Overweight and recommended $205 as its price target on July 12, 2022. Morgan Stanley started tracking with a Overweight rating for this stock on November 18, 2021, and assigned it a price target of $40. In a note dated November 18, 2021, Morgan Stanley initiated an Overweight rating and provided a target price of $264 on this stock.
Zoetis Inc experienced fluctuations in its stock price throughout the past year between $144.80 and $201.92. Currently, Wall Street analysts expect the stock to reach $224.5 within the next 12 months. Zoetis Inc [NYSE: ZTS] shares were valued at $174.81 at the most recent close of the market. An investor can expect a potential return of 28.43% based on the average ZTS price forecast.
Analyzing the ZTS fundamentals
Trailing Twelve Months sales for Zoetis Inc [NYSE:ZTS] were 8.73B which represents 9.50% growth. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.48 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 172.87 points at the first support level, and at 170.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.37, and for the 2nd resistance point, it is at 177.93.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Zoetis Inc [NYSE:ZTS] is 3.33. Further, the Quick Ratio stands at 1.94, while the Cash Ratio is 1.03. Considering the valuation of this stock, the price to sales ratio is 9.13, the price to book ratio is 15.79 and price to earnings (TTM) ratio is 33.70.
Transactions by insiders
Recent insider trading involved Lagano Roxanne, Executive Vice President, that happened on Apr 18 ’24 when 923.0 shares were sold. Executive Vice President, Lagano Roxanne completed a deal on Mar 18 ’24 to sell 923.0 shares. Meanwhile, Director Reed Willie M sold 1370.0 shares on Mar 11 ’24.
