At the time of writing, Zoetis Inc [ZTS] stock is trading at $177.04, up 1.77%. 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 3.92% over the last week, with a monthly amount drifted -7.98%, and not 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 July 25, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $220. Previously, Stifel reaffirmed its Buy rating on January 12, 2024, and elevated its price target to $215. Exane BNP Paribas started tracking the stock assigning a Outperform rating and suggested a price target of $237 on December 07, 2023. HSBC Securities initiated its recommendation with a Buy and recommended $230 as its price target on September 06, 2023. Piper Sandler started tracking with a Overweight rating for this stock on July 12, 2022, and assigned it a price target of $205. In a note dated November 18, 2021, Morgan Stanley initiated an Overweight rating and provided a target price of $40 on this stock.
For the past year, the stock price of Zoetis Inc fluctuated between $144.80 and $201.92. Currently, Wall Street analysts expect the stock to reach $227.71 within the next 12 months. Zoetis Inc [NYSE: ZTS] shares were valued at $177.04 at the most recent close of the market. An investor can expect a potential return of 28.62% based on the average ZTS price forecast.
Analyzing the ZTS fundamentals
According to Zoetis Inc [NYSE:ZTS], the company’s sales were 9.15B for trailing twelve months, which represents an 11.02% jump. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.33%, 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 0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.
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 175.47 points at the first support level, and at 173.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 178.06, and for the 2nd resistance point, it is at 179.07.
Ratios To Look Out For
It is important to note that Zoetis Inc [NYSE:ZTS] has a current ratio of 3.69. Further, the Quick Ratio stands at 2.27, while the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 8.73, the price to book ratio is 15.27 and price to earnings (TTM) ratio is 33.29.
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.
