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Zoetis Inc. (ZTS) Stock Records -0.66% Quarterly Movement

The stock of Zoetis Inc. (ZTS) has gone down by -8.06% for the week, with a -4.45% drop in the past month and a -0.66% drop in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are 2.55% for ZTS. The simple moving average for the last 20 days is -8.11% for ZTS stock, with a simple moving average of 2.89% for the last 200 days.

Is It Worth Investing in Zoetis Inc. (NYSE: ZTS) Right Now?

Zoetis Inc. (NYSE: ZTS) has a higher price-to-earnings ratio of 37.32x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.76. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The average price point forecasted by analysts for Zoetis Inc. (ZTS) is $218.27, which is $49.84 above the current market price. The public float for ZTS is 461.18M, and currently, short sellers hold a 0.80% ratio of that float. The average trading volume of ZTS on May 26, 2023 was 1.83M shares.

ZTS) stock’s latest price update

Zoetis Inc. (NYSE: ZTS)’s stock price has plunge by -2.31relation to previous closing price of 169.14. Nevertheless, the company has seen a -8.06% plunge in its stock price over the last five trading sessions. Barron’s reported on 05/04/23 that Zoetis Stock Is Rising After Profit Tops Estimates

ZTS Trading at -4.64% from the 50-Day Moving Average

After a stumble in the market that brought ZTS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.02% of loss for the given period.

Volatility was left at 2.55%, however, over the last 30 days, the volatility rate increased by 2.57%, as shares sank -5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.02% upper at present.

During the last 5 trading sessions, ZTS fell by -8.06%, which changed the moving average for the period of 200-days by -2.54% in comparison to the 20-day moving average, which settled at $179.39. In addition, Zoetis Inc. saw 12.75% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ZTS starting from PECK KRISTIN C, who sale 13,000 shares at the price of $176.56 back on May 23. After this action, PECK KRISTIN C now owns 56,843 shares of Zoetis Inc., valued at $2,295,335 using the latest closing price.

Lagano Roxanne, the Executive Vice President of Zoetis Inc., sale 4,338 shares at $175.94 during a trade that took place back on Apr 18, which means that Lagano Roxanne is holding 26,357 shares at $763,228 based on the most recent closing price.

Stock Fundamentals for ZTS

Current profitability levels for the company are sitting at:

  • +36.24 for the present operating margin
  • +67.77 for the gross margin

The net margin for Zoetis Inc. stands at +26.16. The total capital return value is set at 24.54, while invested capital returns managed to touch 18.85. Equity return is now at value 45.70, with 14.80 for asset returns.

Based on Zoetis Inc. (ZTS), the company’s capital structure generated 184.63 points at debt to equity in total, while total debt to capital is 64.87. Total debt to assets is 54.49, with long-term debt to equity ratio resting at 152.96. Finally, the long-term debt to capital ratio is 53.74.

When we switch over and look at the enterprise to sales, we see a ratio of 10.22, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 6.88 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.37.

Conclusion

To put it simply, Zoetis Inc. (ZTS) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.