Zoetis Inc (NYSE: ZTS) Recovers 30.52% From 52-Week Low, Is ZTS Still A High-Risk, High-Reward Play?

Zoetis Inc (NYSE:ZTS) currently has a daily average trading volume of 1.79M but it saw 1339482 shares traded in last market. With a market cap of 85.62B USD, the company’s current market price of $188.99 came falling about -0.27 while comparing to the previous closing price of $189.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $201.92 and as low as $144.80. In the recent trading on the day, stock has struck highest price mark of $187.56 while lowest mark touched by it was $189.98.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BTIG Research which initiated the stock as “Buy” in its note to investors issued on July 25, 2024, recommending a price target of $220 for it. Jefferies issued its recommendations for the stock as it resumed the price target for the stock is $230.

Over the week, ZTS’s stock price is moving -2.80% down while it is -2.43% when we observe its performance for the past one month. Year-to-date it is -4.25% down and over the past year, the stock is showing an upside performance of 13.51%.

Currently, Zoetis Inc’s total number of outstanding shares is 458.37M. Company’s return on investment (ROI) stands at 20.02% and return on equity (ROE) at 48.88%. It has a price to earnings ratio (P/E ratio) of 37.01 while having a 29.20 of forward P/E ratio. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 17.27 while price to sale or P/S ratio amounts to 9.60. Its return on asset (ROA) is 16.79% on average.