Zoetis (ZTS) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zoetis in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ZTS shares.
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9 analysts have issued 1-year price targets for Zoetis' shares. Their ZTS share price forecasts range from $200.00 to $260.00. On average, they anticipate the company's share price to reach $222.44 in the next twelve months. This suggests a possible upside of 25.9% 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 stock has increased by 20.6% and is now trading at $176.68.
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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 data on Tuesday, August, 8th. The company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.10. The company earned $2.18 billion during the quarter, compared to analysts' expectations of $2.16 billion. Zoetis had a trailing twelve-month return on equity of 52.02% and a net margin of 26.92%. Zoetis's revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.20 EPS.
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Zoetis declared a quarterly dividend on Thursday, May 11th. Stockholders of record on Friday, July 21st will be paid a dividend of $0.375 per share on Friday, September 1st. This represents a $1.50 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend 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 ETF (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 0.85%. 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 24.83% 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 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 a number of retail and institutional investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (103.96%), BlackRock Inc. (8.29%), State Street Corp (4.26%), Alliancebernstein L.P. (3.50%), Capital International Investors (3.32%) and Geode Capital Management LLC (2.18%). Insiders that own company stock include Glenn David, Gregory Norden, Heidi C Chen, Juan Ramon Alaix, Kristin C Peck, Robert Edward Kelly, Robert J Polzer, Robert W Scully, Roman Trawicki, Roxanne Lagano and Willie M Reed.
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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 $176.68.

Zoetis (NYSE:ZTS) has a market capitalization of $81.33 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.