Recent extremely meaningful negative changes in investment behavior have impacted Zoetis Inc (NYSE: ZTS): its shorter term price trend turned down, and the stock fell on very heavy volume.
Recent meaningful negative changes in fundamentals have impacted Zoetis Inc (NYSE: ZTS): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
ZTS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Zoetis has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Zoetis has a poor Appreciation Score of 22 but a slightly positive Power Rating of 64, with the Negative Value Trend Rating the result.
Recent Price Action
Zoetis Inc (NYSE: ZTS) stock declined slightly by -0.9% on 3/6/24. The stock closed at $183.53. Moreover, this decline was accompanied by exceptionally high trading volume at 228% of normal. The stock has been strong relative to the market over the last nine months but has declined -7.8% during the last week.
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