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Wednesday, December 6, 2023

An Evaluation Of Zoetis Inc (NYSE: ZTS) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Zoetis Inc (ZTS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -0.02%, to $168.80. The Zoetis Inc has recorded 153,397 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Zoetis Announces Third Quarter 2023 Results.

Stocks Info

ZTS belongs to the Healthcare sector of the NYSE while operating in the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $168.83 and fluctuated between $169.61 as its day high and $167.57 as its day low. The current market capitalization of Zoetis Inc is $77.51B. A total of 1.54 million shares were traded on the day, compared to an average of 1.81M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ZTS has seen 3 BUY and 6 SELL insider trades, representing the acquisition of 13,308 and the disposition of 24,857 shares. Over the last 12 months, there were 29 BUYs and 33 SELLs from insiders. Insiders purchased 101,376 shares during that period but sold 87,682.

In the most recent transaction, Lagano Roxanne sold 923 shares of ZTS for 172.92 per share on Oct 18. After the transaction, the Executive Vice President now owns 23,588 company shares. In a previous transaction on Sep 18, Lagano Roxanne sold 923 shares at 179.58 per share. ZTS shares that Executive Vice President owns now total 24,511.

Among the insiders who sold shares, Chen Heidi C. disposed of 9,905 shares on Sep 15 at a per-share price of $180.15. This resulted in the Executive Vice President holding 27,478 shares of ZTS after the transaction. In another insider transaction, Lagano Roxanne sold 923 shares at $192.97 per share on Sep 01. Company shares held by the Executive Vice President now total 25,434.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Zoetis Inc pays an annual dividend of $1.49, resulting in a dividend yield of 0.88%, and it has a price to earnings (P/E) ratio of 34.34. ZTS’s most recent ex-dividend date was 10/31/2023 when it declared a $0.3750 quarterly dividend that was paid in cash on 12/1/2023. Previously, the company paid the dividend on 9/1/2023 with an ex-dividend date of 7/20/2023. The ZTS stock dividend was $0.3750 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ZTS in the last 3 months, the mean price target is $216.96 with high estimates of $255.00 and low estimates of $190.00. In terms of 52-week highs and lows, ZTS has a high of $194.99 and a low of $140.76.

As of this writing, ZTS has an earnings estimate of $1.32 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.34 per share and a lower estimate of $1.23. The company reported an EPS of $1.41 in the last quarter, which was 7.60% higher than expectations of $1.31.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ZTS’s latest balance sheet shows that the firm has $3.48B in Cash & Short Term Investments as of fiscal 2021. There were $6.74B in debt and $1.80B in liabilities at the time. Its Book Value Per Share was $11.05, while its Total Shareholder’s Equity was $4.54B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ZTS is Buy with a score of 4.92.

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