Zoetis (ZTS) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoetis in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZTS shares.
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6 equities research analysts have issued 12 month target prices for Zoetis' stock. Their ZTS share price forecasts range from $200.00 to $260.00. On average, they anticipate the company's stock price to reach $226.00 in the next year. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for ZTS or view top-rated stocks among Wall Street analysts.

Zoetis' stock was trading at $146.55 at the beginning of 2023. Since then, ZTS shares have increased by 30.2% and is now trading at $190.83.
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Zoetis saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,510,000 shares, an increase of 26.3% from the July 15th total of 2,780,000 shares. Based on an average daily volume of 2,060,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.8% of the shares of the company are short sold.
View Zoetis' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ZTS earnings forecast.

Zoetis Inc. (NYSE:ZTS) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.10. The firm earned $2.18 billion during the quarter, compared to analyst estimates of $2.16 billion. Zoetis had a net margin of 26.92% and a trailing twelve-month return on equity of 52.02%. The firm's revenue was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.20 EPS.
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Zoetis declared a quarterly dividend on Thursday, May 11th. Shareholders of record on Friday, July 21st will be given a dividend of $0.375 per share on Friday, September 1st. This represents a $1.50 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date is Thursday, July 20th.
Read our dividend analysis for ZTS.

ETFs with the largest weight of Zoetis (NYSE:ZTS) stock in their portfolio include ProShares Pet Care ETF (PAWZ), VanEck Agribusiness ETF (MOO), iShares U.S. Pharmaceuticals ETF (IHE), VanEck Pharmaceutical ETF (PPH), SPDR S&P Pharmaceuticals ETF (XPH), First Trust Nasdaq Pharmaceuticals ETF (FTXH), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL) and Future Fund Long/Short ETF (FFLS).

Zoetis (NYSE:ZTS) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.79%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 31.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZTS will have a dividend payout ratio of 24.88% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ZTS.

Zoetis updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of $5.37-$5.47 for the period, compared to the consensus EPS estimate of $5.40. The company issued revenue guidance of $8.50 billion-$8.65 billion, compared to the consensus revenue estimate of $8.63 billion.

50 employees have rated Zoetis Chief Executive Officer Kristin Peck on Glassdoor.com. Kristin Peck has an approval rating of 82% among the company's employees. 70.0% of employees surveyed would recommend working at Zoetis to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zoetis investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Accenture (ACN) and Transocean (RIG).

Zoetis trades on the New York Stock Exchange (NYSE) under the ticker symbol "ZTS."

Zoetis' stock is owned by many different retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (103.96%), BlackRock Inc. (8.29%), Capital International Investors (3.32%), Geode Capital Management LLC (2.18%), Capital World Investors (1.92%) and Northern Trust Corp (1.29%). Insiders that own company stock include Catherine A Knupp, Glenn David, Gregory Norden, Heidi C Chen, Juan Ramon Alaix, Kristin C Peck, Linda Rhodes, Robert Edward Kelly, Robert J Polzer, Robert W Scully, Roman Trawicki, Roxanne Lagano and Willie M Reed.
View institutional ownership trends.

Shares of ZTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ZTS stock can currently be purchased for approximately $190.83.

Zoetis (NYSE:ZTS) has a market capitalization of $87.84 billion and generates $8.08 billion in revenue each year. The company earns $2.11 billion in net income (profit) each year or $4.76 on an earnings per share basis.

The company employs 13,800 workers across the globe.

Zoetis' mailing address is 10 Sylvan Way, Parsippany NJ, 07054. The official website for the company is www.zoetis.com. The company can be reached via phone at (973) 822-7000, via email at steve.frank@zoetis.com, or via fax at 302-655-5049.