Zoetis - ZTS Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zoetis in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZTS shares.
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7 analysts have issued 12 month price targets for Zoetis' shares. Their ZTS share price forecasts range from $180.00 to $260.00. On average, they expect the company's share price to reach $223.83 in the next year. This suggests a possible upside of 36.3% from the stock's current price.
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Zoetis' stock was trading at $146.55 at the beginning of the year. Since then, ZTS stock has increased by 12.0% and is now trading at $164.18.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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Zoetis Inc. (NYSE:ZTS) posted its quarterly earnings results on Tuesday, February, 14th. The company reported $1.15 earnings per share for the quarter, meeting analysts' consensus estimates of $1.15. The company earned $2.04 billion during the quarter, compared to analyst estimates of $2.01 billion. Zoetis had a net margin of 26.16% and a trailing twelve-month return on equity of 50.20%. Zoetis's quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 earnings per share.
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Zoetis declared a quarterly dividend on Wednesday, February 8th. Investors of record on Friday, April 21st will be given a dividend of $0.375 per share on Thursday, June 1st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Thursday, April 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), IQ Winslow Focused Large Cap Growth ETF (IWFG), SPDR S&P Pharmaceuticals ETF (XPH), Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL) and ClearBridge Large Cap Growth ESG ETF (LRGE).

Zoetis (NYSE:ZTS) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.93%. 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 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ZTS will have a dividend payout ratio of 25.04% 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, February, 14th. The company provided earnings per share (EPS) guidance of $5.34-$5.44 for the period, compared to the consensus estimate of $5.33. The company issued revenue guidance of $8.57 billion-$8.72 billion, compared to the consensus revenue estimate of $8.57 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 Alliancebernstein L.P. (4.19%), Morgan Stanley (2.33%), Geode Capital Management LLC (2.08%), Price T Rowe Associates Inc. MD (1.73%), Polen Capital Management LLC (1.20%) and Clearbridge Investments LLC (1.12%). 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.
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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 $164.18.

Zoetis (NYSE:ZTS) has a market capitalization of $76.08 billion and generates $8.08 billion in revenue each year. The company earns $2.11 billion in net income (profit) each year or $4.50 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.