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 most optimistic price target was 77, which equates to a potential upside of 23.77 percent. The minimum price target given was 48, which equates to a potential downside of -22.84 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -3.64 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.43 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of ZTS's earnings is estimated by analysts to be 35.62 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of ZTS is 1.02.
ZTS has a 52-week high of 63.85 and a 52-week low of 46.86. The current market price is above the trailing year's low by 32.76 percent, and 2.57 percent below the high. ZTS has a P/E 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.