Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Zoetis Inc’s stock clocked out at $149.56, up 2.76% from its previous closing price of $145.54. In other words, the price has increased by $2.76 from its previous closing price. On the day, 4.11 million shares were traded. ZTS stock price reached its highest trading level at $149.8989 during the session, while it also had its lowest trading level at $145.18.
Ratios:
To gain a deeper understanding of ZTS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.20. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 3.36. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.35.
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, Stifel on January 12, 2024, Reiterated its Buy rating but revised its target price to $215 from $195 previously.
On December 07, 2023, Exane BNP Paribas started tracking the stock assigning a Outperform rating and target price of $237.Exane BNP Paribas initiated its Outperform rating on December 07, 2023, with a $237 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 68340994048 and an Enterprise Value of 71428980736. As of this moment, Zoetis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.50, and their Forward P/E ratio for the next fiscal year is 23.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.01 while its Price-to-Book (P/B) ratio in mrq is 13.72. Its current Enterprise Value per Revenue stands at 8.36 whereas that against EBITDA is 20.478.
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 -14.63%, while the 200-Day Moving Average is calculated to be -17.01%.
Shares Statistics:
It appears that ZTS traded 3.31M shares on average per day over the past three months and 5299230 shares per day over the past ten days. A total of 458.37M shares are outstanding, with a floating share count of 456.96M. Insiders hold about 0.09% of the company’s shares, while institutions hold 95.71% stake in the company. Shares short for ZTS as of 1711584000 were 3651701 with a Short Ratio of 1.10, compared to 1709164800 on 3772454. Therefore, it implies a Short% of Shares Outstanding of 3651701 and a Short% of Float of 0.8.
Dividends & Splits
With its trailing 12-month dividend rate of 1.5, ZTS has a forward annual dividend rate of 1.61. Against a Trailing Annual Dividend Yield of 0.010306446The stock’s 5-year Average Dividend Yield is 0.63.
