Analyst Ratings for Zoetis Inc. (ZTS)

Updated: 2017-07-28

Zoetis Inc. (NYSE:ZTS) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for ZTS last month.

Of the 20 analysts covering the stock, 13 gave it a buy rating, 1 issued an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for ZTS. The maximum price target given was 77, implying potential capital gains of 23.77 percent. The most pessimistic price target was 48, which equates to a potential downside of -22.84 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -3.64 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0.43 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

ZTS has an estimated earnings growth rate of 35.62 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ZTS is 1.02.

In the trailing 52-weeks, ZTS hit 63.85 at the highest peak, while it's lowest trading point was 46.86. Currently the stock is 32.76 percent higher than its low, and below the high by 2.57 percent. ZTS has a price/earnings ratio of 36.17. Investors typically compare the P/E ratio to a company's peers in the industry. The ZTS value stock report compares ZTS to some of its peers using value stock charts. The stock has a market capitalization of $30.43 billion. ZTS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.