Zoetis Inc (NYSE:ZTS) traded at $161.79 at last check on Monday, April 29, made an upward move of 2.12% on its previous day’s price.
Looking at the stock we see that its previous close was $158.42. The company has a trailing 12-month PE ratio of 31.91. In terms of its 52-week price range, ZTS has a high of $201.92 and a low of $144.80. The company’s stock has lost about -4.39% over that past 30 days.
Zoetis Inc has a market cap of $73.99 billion. With its Forward Dividend at 1.61 and a yield of 1.00%, the company’s investors could be anxious for the ZTS stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $1.34, with the EPS growth for the year raised at $5.79 for 2024 and $6.44 for next year. These figures represent 8.80% and 11.20% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.15 billion, with a low of $2.11 billion and a high of $2.18 billion. The median projection represents growth squeezing down to 6.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $9.17 billion, or 7.30% up from figures reported last year.
On the other hand, looking at the outlook for the ZTS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note that the PEG ratio for the ZTS stock currently stands at 3.28, and the most recent price level today is 2.81% off its SMA20 and -6.05% from its 50-day simple moving average. The RSI (14) is pointing at 51.91 while the volatility over the past week is 3.26% and jumps to 2.64% over the past one month. The beta value is 0.86, while the average true range (ATR) is currently pointing at 4.83.
Coming back to Zoetis Inc (NYSE:ZTS), we note that the average 3-month trading volume was 3.47 million. Current shares outstanding are 458.37 million.
The insiders hold 0.09% of the company’s shares while institutions hold 95.81%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -18.03% down in year-to-date price movement.
