Published: Tue, April 17, 2018
Business | By Tara Barton

Zoetis (ZTS) Expected to Announce Quarterly Sales of $1.33 Billion

The stock had a trading volume of 1,987,902 shares. Zoetis Inc Class A (ZTS) presently has a 14-day Commodity Channel Index (CCI) of 113.16. It has underperformed by 11.55% the S&P500.

In trying to identify a general trend, we determine that Zoetis Inc Class A (ZTS) now shows a Buy, according to the Trendspotter signal. 12Th Street Asset Management Company Llc bought 9,419 shares as the company's stock rose 13.71% while stock markets declined. Guggenheim Capital LLC now owns 982,380 shares of the company's stock worth $52,586,000 after buying an additional 72,468 shares in the last quarter. The stock increased 1.18% or $1.44 during the last trading session, reaching $123.95. About 420,857 shares traded.

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 15 have Buy rating, 0 Sell and 6 Hold. ZTS outperformed by 40.13% the S&P500. (NYSE:ZTS) earned "Market Perform" rating by BMO Capital Markets on Friday, November 3. During the same period in the prior year, the company posted $0.47 EPS. ZTS's profit will be $329.88M for 30.72 P/E if the $0.68 EPS becomes a reality. Therefore 85% are positive. Zoetis Inc had 77 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Tuesday, January 16 by Jefferies. As per Friday, July 22, the company rating was initiated by Standpoint Research. The rating was initiated by Citigroup on Thursday, January 21 with "Buy". The company was maintained on Friday, April 13 by Jefferies. The stock of General Electric Company (NYSE:GE) has "Hold" rating given on Tuesday, September 22 by Vetr. Finally, Cantor Fitzgerald set a $85.00 price target on Zoetis and gave the stock a "buy" rating in a research report on Tuesday, January 2nd. The stock rating was maintained by Stifel Nicolaus with "Buy" on Monday, October 23. As per Wednesday, November 29, the company rating was upgraded by Morgan Stanley.

Investors sentiment decreased to 0.5 in Q4 2017. Its up 0.03, from 1.1 in 2017Q3. Shareholders of record on Friday, April 20th will be paid a $0.126 dividend. Sandy Spring Bank raised its position in Zoetis by 2.3% during the 4th quarter. Ibm Retirement Fund, a New York-based fund reported 12,320 shares. Compton Cap Mngmt Ri reported 0.8% of its portfolio in General Electric Company (NYSE:GE). Over the last 90 days, insiders have sold 112,952 shares of company stock worth $9,219,843.

According to 20 stock analysts, Zoetis Inc., is being kept at an average Outperform, rating, with at least 1.02% of shares outstanding that are now legally short sold. Hbk Sorce Advisory reported 7,673 shares. Ahl Partners Llp has invested 0.15% in General Electric Company (NYSE:GE).

A number of equities research analysts have recently issued reports on ZTS shares. Moreover, Hamlin Cap Mngmt Ltd Limited Liability Company has 3.91% invested in Intel Corporation (NASDAQ:INTC). Alps Advsr reported 0.33% stake. First Republic Inv has invested 0.02% in Zoetis Inc. (NYSE:ZTS). Dsm Capital Prns Lc reported 4.55M shares. Staley Advisers stated it has 0.08% in General Electric Company (NYSE:GE). Zoetis Inc has a one year low of $39.35 and a one year high of $56.50.

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Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the United States and internationally.The firm is valued at $40.96 billion. (NYSE:ZTS) or 35,663 shs. Craig Hallum has "Buy" rating and $7000 target. On Monday, February 26 the stock of Zoetis Inc. (NYSE:ZTS) has "Buy" rating given by Jefferies. Cowen & Co maintained the shares of ZTS in report on Monday, July 17 with "Buy" rating. The firm has "Buy" rating by Cantor Fitzgerald given on Tuesday, August 8. The stock has "Equal-Weight" rating by Morgan Stanley on Monday, March 19. Cowen & Co maintained it with "Buy" rating and $85.0 target in Thursday, February 15 report. On Thursday, February 15 the rating was maintained by Stifel Nicolaus with "Buy".

Since February 21, 2018, it had 0 buys, and 4 sales for $6.83 million activity. PECK KRISTIN C had sold 32,000 shares worth $2.60 million. After $0.69 actual EPS reported by Zoetis Inc. for the previous quarter, Wall Street now forecasts -1.45% negative EPS growth. The ratio improved due to Zoetis Inc. positioning: 34 sold and 251 reduced. Robecosam AG raised its position in Zoetis by 4.6% during the 4th quarter. 1,162,616 shares of the company were exchanged, compared to its average volume of 2,575,120.

Dekabank Deutsche Girozentrale, Germany-based fund reported 313,656 shs. Loring Wolcott Coolidge Fiduciary Llp Ma reported 6,173 shares. Bancshares Of Montreal Can reported 0.03% of its portfolio in Zoetis Inc.

Analysts expect that Zoetis Inc (NYSE:ZTS) will announce sales of $1.33 billion for the current fiscal quarter, according to Zacks Investment Research. (NYSE:ZTS). 27,129 were accumulated by Rmb Ltd Liability. The company reported $0.69 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.03.

News stories about Zoetis (NYSE:ZTS) have been trending somewhat positive this week, according to Accern Sentiment. Sei Invs holds 0.17% of its portfolio in Zoetis Inc. (ZTS) in Coming 5 Years? One Association invested in 0.25% or 52,284 shares. Washington Tru National Bank has 0% invested in Zoetis Inc.

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