Zoetis Inc. [NYSE: ZTS] loss -0.57% on the last trading session, reaching $133.30 price per share at the time. Zoetis Inc. represents 475.60 million in outstanding shares, while the company has a total market value of $61.89 billion with the latest information. ZTS stock price has been found in the range of $130.405 to $133.6599.
If compared to the average trading volume of 2.72M shares, ZTS reached a trading volume of 2457165 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Zoetis Inc. [ZTS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZTS shares is $138.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZTS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Zoetis Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 27, 2020. The new note on the price target was released on January 10, 2020, representing the official price target for Zoetis Inc. stock. Previously, the target price had yet another raise to $145, while Goldman analysts kept a Buy rating on ZTS stock. On July 01, 2019, analysts increased their price target for ZTS shares from 111 to 120.
The Average True Range (ATR) for Zoetis Inc. is set at 3.94, with the Price to Sales ratio for ZTS stock in the period of the last 12 months amounting to 9.76. The Price to Book ratio for the last quarter was 23.02. Price to Free Cash Flow for ZTS in the course of the last twelve months was 62.32 with Quick ratio for the last quarter at 1.90.
Trading performance analysis for ZTS stock
Zoetis Inc. [ZTS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.66. With this latest performance, ZTS shares gained by 5.77% in over the last four-week period, additionally plugging by 7.21% over the last 6 months – not to mention a rise of 20.32% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ZTS stock in for the last two-week period is set at 48.16, with the RSI for the last a single of trading hit 43.70, and the three-weeks RSI is set at 50.79 for Zoetis Inc. [ZTS]. The present Moving Average for the last 50 days of trading for this stock 130.06, while it was recorded at 135.43 for the last single week of trading, and 127.95 for the last 200 days.
Zoetis Inc. [ZTS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Zoetis Inc. [ZTS] shares currently have an operating margin of +32.24 and a Gross Margin at +65.70. Zoetis Inc.’s Net Margin is presently recorded at +23.96.
Return on Total Capital for ZTS is now 22.43, given the latest momentum, and Return on Invested Capital for the company is 17.19. Return on Equity for this stock inclined to 61.31, with Return on Assets sitting at 13.44. When it comes to the capital structure of this company, Zoetis Inc. [ZTS] has a Total Debt to Total Equity ratio set at 245.42. Additionally, ZTS Total Debt to Total Capital is recorded at 71.05, with Total Debt to Total Assets ending up at 57.57. Long-Term Debt to Equity for the company is recorded at 225.66, with the Long-Term Debt to Total Capital now at 65.33.
Reflecting on the efficiency of the workforce at the company, Zoetis Inc. [ZTS] managed to generate an average of $141,509 per employee. Receivables Turnover for the company is 5.90 with a Total Asset Turnover recorded at a value of 0.56.Zoetis Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.80.
Zoetis Inc. [ZTS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Zoetis Inc. posted 0.9/share EPS, while the average EPS was predicted by analysts to be reported at 0.82/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ZTS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zoetis Inc. go to 6.46%.
An analysis of insider ownership at Zoetis Inc. [ZTS]
There are presently around $58,964 million, or 95.00% of ZTS stock, in the hands of institutional investors. The top three institutional holders of ZTS stocks are: BLACKROCK INC. with ownership of 41,327,818, which is approximately -0.567% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 38,333,085 shares of the stock with an approximate value of $5.14 billion in ZTS stocks shares; and STATE STREET CORP, currently with $2.69 billion in ZTS stock with ownership of nearly 0.956% of the company’s market capitalization.
581 institutional holders increased their position in Zoetis Inc. [NYSE:ZTS] by around 27,724,222 shares. Additionally, 578 investors decreased positions by around 24,910,458 shares, while 137 investors held positions by with 387,162,781 shares. The mentioned changes placed institutional holdings at 439,797,461 shares, according to the latest SEC report filing. ZTS stock had 112 new institutional investments in for a total of 5,231,572 shares, while 91 institutional investors sold positions of 1,787,534 shares during the same period.