Zoetis Inc [ZTS] stock prices are up 1.84% to $166.32 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ZTS shares have gain 1.84% over the last week, with a monthly amount drifted -5.88%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Zoetis Inc [NYSE: ZTS] stock has seen the most recent analyst activity on December 02, 2024, when Leerink Partners initiated its Outperform rating and assigned the stock a price target of $215. Previously, BTIG Research started tracking the stock with Buy rating on July 25, 2024, and set its price target to $220. On January 12, 2024, Stifel reiterated its Buy rating and revised its price target to $215 on the stock. Exane BNP Paribas initiated its recommendation with a Outperform and recommended $237 as its price target on December 07, 2023. HSBC Securities started tracking with a Buy rating for this stock on September 06, 2023, and assigned it a price target of $230. In a note dated July 12, 2022, Piper Sandler initiated an Overweight rating and provided a target price of $205 on this stock.
The stock price of Zoetis Inc [ZTS] has been fluctuating between $144.80 and $200.53 over the past year. Currently, Wall Street analysts expect the stock to reach $221 within the next 12 months. Zoetis Inc [NYSE: ZTS] shares were valued at $166.32 at the most recent close of the market. An investor can expect a potential return of 32.88% based on the average ZTS price forecast.
Analyzing the ZTS fundamentals
The Zoetis Inc [NYSE:ZTS] reported sales of 9.15B for trailing twelve months, representing a surge of 11.02%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at 0.36%, 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 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.26.
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 163.71 points at the first support level, and at 161.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 167.90, and for the 2nd resistance point, it is at 169.48.
Ratios To Look Out For
It’s worth pointing out that Zoetis Inc [NYSE:ZTS]’s Current Ratio is 3.69. On the other hand, the Quick Ratio is 2.27, and the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 8.20, the price to book ratio is 14.35 and price to earnings (TTM) ratio is 31.27.
Transactions by insiders
Recent insider trading involved Polzer Robert J, Executive Vice President, that happened on Nov 25 ’24 when 3477.0 shares were sold. Officer, Polzer Robert J completed a deal on Nov 25 ’24 to buy 3477.0 shares. Meanwhile, Executive Vice President Lagano Roxanne sold 923.0 shares on Apr 18 ’24.
