Zoetis Inc (NYSE: ZTS) has reported E.P.S. of $1.31 for its first fiscal quarter (ending March 31) versus $1.19 for the same period a year ago — an increase of 10%. However, this performance was $-0.16 short of the consensus estimate of $1.47. E.P.S. were $5.19 for the latest four quarters through March 31 versus $4.44 for the same period a year ago — an increase of 17%.
Recent Price Action
Zoetis Inc (NYSE: ZTS) stock closed at $167.23 on 5/2/24 after a very large increase of 5.5%. Moreover, above average trading volume at 134% of normal accompanied the advance. The stock has risen 10.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ZTS is expected to continue to be a major Value Builder.
Zoetis has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Zoetis has a slightly negative Power Rating of 34 and a poor Appreciation Score of 26, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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