For its third fiscal quarter (ending September 30), Zoetis Inc (NYSE: ZTS) has reported a 17% increase in E.P.S. from $1.29 a year ago to $1.51 in the current quarter. For the latest four quarters through September 30, E.P.S. were $5.32 versus $4.93 for the same period a year ago — an increase of 8%.
Recent Price Action
Zoetis Inc (NYSE: ZTS) stock declined by -3.7% on 11/4/24. The shares closed at $175.18. Moreover, exceptionally high trading volume at 221% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -2.7% during the last week.
Current PriceTarget Research Rating
ZTS’ future returns on capital are forecasted to exceed 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 C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Zoetis has a poor Appreciation Score of 27 but a slightly positive Power Rating of 62, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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