Zoetis (ZTS) Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zoetis in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ZTS shares.
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8 brokers have issued 12 month price targets for Zoetis' stock. Their ZTS share price forecasts range from $180.00 to $260.00. On average, they predict the company's stock price to reach $221.14 in the next year. This suggests a possible upside of 34.2% 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 the year. Since then, ZTS shares have increased by 12.4% and is now trading at $164.74.
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Zoetis saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,710,000 shares, a drop of 18.5% from the April 30th total of 4,550,000 shares. Based on an average daily trading volume, of 1,830,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.8% of the company's shares are short sold.
View Zoetis' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ZTS earnings forecast.

Zoetis Inc. (NYSE:ZTS) issued its quarterly earnings results on Thursday, May, 4th. The company reported $1.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.04. The company earned $2 billion during the quarter, compared to the consensus estimate of $2.02 billion. Zoetis had a trailing twelve-month return on equity of 50.26% and a net margin of 25.59%. Zoetis's revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.32 earnings per share.
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Zoetis declared a quarterly dividend on Thursday, May 11th. Investors 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 dividend yield of 0.91%. 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), IQ Winslow Focused Large Cap Growth ETF (IWFG), SPDR S&P Pharmaceuticals ETF (XPH), iShares U.S. Pharmaceuticals ETF (IHE), VanEck Pharmaceutical ETF (PPH), First Trust Nasdaq Pharmaceuticals ETF (FTXH) and Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL).

Zoetis (NYSE:ZTS) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.91%. 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 33.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZTS will have a dividend payout ratio of 25.13% 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 Thursday, May, 4th. The company provided earnings per share guidance of $5.34-$5.44 for the period, compared to the consensus earnings per share estimate of $5.40. The company issued revenue guidance of $8.57 billion-$8.72 billion, compared to the consensus revenue estimate of $8.65 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.63%), State Street Corp (4.20%), Wellington Management Group LLP (2.60%), Price T Rowe Associates Inc. MD (2.22%), Geode Capital Management LLC (2.11%) and FMR LLC (1.74%). 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 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 $164.74.

Zoetis (NYSE:ZTS) has a market capitalization of $76.13 billion and generates $8.08 billion in revenue each year. The company earns $2.11 billion in net income (profit) each year or $4.43 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.