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In the latest session, Zoetis Inc (NYSE: ZTS) closed at $170.37 down -2.80% from its previous closing price of $175.27. In other words, the price has decreased by -$2.80 from its previous closing price. On the day, 5.27 million shares were traded. ZTS stock price reached its highest trading level at $178.76 during the session, while it also had its lowest trading level at $169.31.
Ratios:
For a deeper understanding of Zoetis Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.30. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 3.69. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on July 25, 2024, initiated with a Buy rating and assigned the stock a target price of $220.
On January 12, 2024, Stifel reiterated its Buy rating and also lowered its target price recommendation from $195 to $215.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 18 ’24 when Lagano Roxanne sold 923 shares for $151.17 per share. The transaction valued at 139,530 led to the insider holds 14,800 shares of the business.
Lagano Roxanne sold 923 shares of ZTS for $159,984 on Mar 18 ’24. The Executive Vice President now owns 15,723 shares after completing the transaction at $173.33 per share. On Mar 11 ’24, another insider, Reed Willie M, who serves as the Director of the company, sold 1,370 shares for $182.68 each. As a result, the insider received 250,265 and left with 9,994 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZTS now has a Market Capitalization of 79075696640 and an Enterprise Value of 81919983616. As of this moment, Zoetis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.03, and their Forward P/E ratio for the next fiscal year is 26.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.40 while its Price-to-Book (P/B) ratio in mrq is 14.70. Its current Enterprise Value per Revenue stands at 8.951 whereas that against EBITDA is 21.764.
Stock Price History:
Over the past 52 weeks, ZTS has reached a high of $201.92, while it has fallen to a 52-week low of $144.80. The 50-Day Moving Average of the stock is -9.59%, while the 200-Day Moving Average is calculated to be -4.90%.
Shares Statistics:
For the past three months, ZTS has traded an average of 1.86M shares per day and 2558820 over the past ten days. A total of 458.37M shares are outstanding, with a floating share count of 452.68M. Insiders hold about 0.08% of the company’s shares, while institutions hold 95.84% stake in the company. Shares short for ZTS as of 1728950400 were 4376960 with a Short Ratio of 2.35, compared to 1726185600 on 5044171. Therefore, it implies a Short% of Shares Outstanding of 4376960 and a Short% of Float of 0.97.
Dividends & Splits
According to the company, the forward annual dividend rate for ZTS is 1.73, from 1.671 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009533862The stock’s 5-year Average Dividend Yield is 0.68.
