The price-to-earnings ratio for Zoetis Inc (NYSE: ZTS) is above average at 35.51x. The 36-month beta value for ZTS is also noteworthy at 0.83. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 2 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for ZTS is $216.96, which is $42.34 above than the current price. The public float for ZTS is 458.79M, and at present, short sellers hold a 0.68% of that float. The average trading volume of ZTS on November 16, 2023 was 1.81M shares.
ZTS) stock’s latest price update
Zoetis Inc (NYSE: ZTS) has seen a rise in its stock price by 1.14 in relation to its previous close of 172.65. However, the company has experienced a 2.19% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-03 that The SPDR S&P 500 ETF posted its third consecutive losing month in October, the first time this has happened since I started tracking this series in September 2020. The top 15 dividend growth stocks for November offer an average dividend yield of 1.90% and appear to be about 40% undervalued based on dividend yield theory. Since inception, September 2020, the watchlist is outperforming VIG by 1.49% and SPY by 1.18%, on an annualized basis.
ZTS’s Market Performance
Zoetis Inc (ZTS) has experienced a 2.19% rise in stock performance for the past week, with a 0.21% rise in the past month, and a -4.46% drop in the past quarter. The volatility ratio for the week is 1.93%, and the volatility levels for the past 30 days are at 2.51% for ZTS. The simple moving average for the last 20 days is 6.24% for ZTS stock, with a simple moving average of 0.70% for the last 200 days.
Analysts’ Opinion of ZTS
Many brokerage firms have already submitted their reports for ZTS stocks, with HSBC Securities repeating the rating for ZTS by listing it as a “Buy.” The predicted price for ZTS in the upcoming period, according to HSBC Securities is $230 based on the research report published on September 06, 2023 of the current year 2023.
ZTS Trading at 1.20% 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 -10.45% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +3.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.55% lower at present.
During the last 5 trading sessions, ZTS rose by +2.19%, which changed the moving average for the period of 200-days by +5.52% in comparison to the 20-day moving average, which settled at $164.62. In addition, Zoetis Inc saw 19.15% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ZTS starting from Lagano Roxanne, who sale 923 shares at the price of $172.92 back on Oct 18. After this action, Lagano Roxanne now owns 23,588 shares of Zoetis Inc, valued at $159,605 using the latest closing price.
Lagano Roxanne, the Executive Vice President of Zoetis Inc, sale 923 shares at $179.58 during a trade that took place back on Sep 18, which means that Lagano Roxanne is holding 24,511 shares at $165,752 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 46.81, with 16.41 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 10.01, 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.
In summary, Zoetis Inc (ZTS) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.