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.
Several price targets were given for ZTS by the analysts covering the stock. The most optimistic analyst gave a price target of 77, which equates to a potential upside of 23.77 percent. The most pessimistic 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.
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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.43 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
ZTS has an estimated earnings growth rate of 35.62 percent as forecasted by analysts. 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, but many choose to perform ratio comparisons with other companies in the industry. ZTS has a PEG ratio of 1.02.
ZTS has a 52-week high of 63.85 and a 52-week low of 46.86. Today's price is 32.76 percent above the 52-week 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 stock has a market capitalization of $30.43 billion. ZTS's next earnings release will be on 0000-00-00, which is days away.