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.
Investment analysts gave a few price targets for ZTS. The highest price target was 77, implying a possible profit of 23.77 percent. The lowest price target was 48, implying potential capital losses of -22.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.64 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. 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, while 2 analysts decreased their estimates.
Analysts estimate earnings of ZTS to grow at a rate of 35.62 percent. People on Wall Street often look at a company's 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. ZTS has a PEG ratio of 1.02.
ZTS has traded between a high of 63.85 and a low of 46.86 over the past year. Currently the stock is 32.76 percent higher than its low, and 2.57 percent lower than its 52-week 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 market cap of ZTS is $30.43 billion. ZTS will post this quarters earnings in days, on 0000-00-00.