Zoetis Inc (NYSE: ZTS) is 0.91% higher on its value in year-to-date trading and has touched a low of $144.80 and a high of $200.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZTS stock was last observed hovering at around $166.32 in the last trading session, with the day’s loss setting it -1.91%.
Currently trading at $164.41, the stock is -0.92% and -4.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.19 million and changing -1.15% at the moment leaves the stock -6.60% off its SMA200. ZTS registered -16.42% loss for a year compared to 6-month loss of -7.62%. The firm has a 50-day simple moving average (SMA 50) of $172.5112 and a 200-day simple moving average (SMA200) of $176.04875.
The stock witnessed a -7.20% gain in the last 1 month and extending the period to 3 months gives it a -13.50%, and is -0.90% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.44% over the week and 2.26% over the month.
Zoetis Inc (ZTS) has around 14100 employees, a market worth around $74.18B and $9.15B in sales. Current P/E ratio is 30.91 and Fwd P/E is 25.79. Profit margin for the company is 26.55%. Distance from 52-week low is 13.54% and -18.01% from its 52-week high. The company has generated returns on investments over the last 12 months (20.27%).
with sales reaching $2.33B over the same period.The EPS is expected to grow by 10.59% this year, but quarterly earnings will post 8.48% year-over-year. Quarterly sales are estimated to grow 5.21% in year-over-year returns.
Zoetis Inc (ZTS) Top Institutional Holders
2423.0 institutions hold shares in Zoetis Inc (ZTS), with institutional investors hold 96.16% of the company’s shares. The shares outstanding are 451.55M, and float is at 450.77M with Short Float at 1.55%. Institutions hold 95.97% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 41.22 million shares valued at $7.15 billion. The investor’s holdings represent 9.0484% of the ZTS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 36.84 million shares valued at $6.39 billion to account for 8.0426 of the shares outstanding. The other top investors are STATE STREET CORP which holds 19.68 million shares representing 4.3213% and valued at over $3.41 billion, while STATE FARM MUTUAL AUTOMOBILE INSURANCE CO holds 3.5459 of the shares totaling 16.15 million with a market value of $2.8 billion.
Zoetis Inc (ZTS) Insider Activity
The most recent transaction is an insider sale by Polzer Robert J, the company’s Executive Vice President. SEC filings show that Polzer Robert J sold 3,477 shares of the company’s common stock on Nov 25 ’24 at a price of $177.46 per share for a total of $0.62 million. Following the sale, the insider now owns 3249.0 shares.
Still, SEC filings show that on Apr 18 ’24, Lagano Roxanne (Executive Vice President) disposed off 923 shares at an average price of $151.17 for $0.14 million. The insider now directly holds 14,800 shares of Zoetis Inc (ZTS).
