Zoetis Inc. (ZTS)
NYSE: ZTS · IEX Real-Time Price · USD
169.21
+0.70 (0.42%)
At close: Mar 28, 2024, 4:00 PM
169.47
+0.26 (0.15%)
After-hours: Mar 28, 2024, 7:53 PM EDT
Zoetis Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Zoetis stock have an average target of 226.57, with a low estimate of 195 and a high estimate of 260. The average target predicts an increase of 33.90% from the current stock price of 169.21.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 20, 2024.
Analyst Ratings
The average analyst rating for Zoetis stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 3 | 4 | 4 | 4 | 4 |
Buy | 4 | 4 | 3 | 3 | 3 | 3 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 8 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Buy Maintains $215 → $220 | Buy | Maintains | $215 → $220 | +30.02% | Feb 20, 2024 |
Barclays | Barclays | Buy Maintains $255 → $260 | Buy | Maintains | $255 → $260 | +53.66% | Feb 14, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $190 → $226 | Strong Buy | Maintains | $190 → $226 | +33.56% | Jan 17, 2024 |
Jefferies | Jefferies | Strong Buy Initiates $230 | Strong Buy | Initiates | $230 | +35.93% | Dec 19, 2023 |
Piper Sandler | Piper Sandler | Buy Maintains $210 → $215 | Buy | Maintains | $210 → $215 | +27.06% | Nov 6, 2023 |
Financial Forecast
Revenue This Year
9.28B
from 8.54B
Increased by 8.60%
Revenue Next Year
9.94B
from 9.28B
Increased by 7.10%
EPS This Year
5.86
from 5.07
Increased by 15.52%
EPS Next Year
6.54
from 5.86
Increased by 11.72%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 9.8B | 10.7B | 11.6B | 12.8B | 12.3B |
Avg | 9.3B | 9.9B | 10.6B | 11.3B | 11.8B |
Low | 8.9B | 9.4B | 10.0B | 10.2B | 11.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 14.6% | 15.0% | 17.1% | 21.2% | 8.8% |
Avg | 8.6% | 7.1% | 6.5% | 6.8% | 4.6% |
Low | 4.7% | 1.4% | 0.5% | -3.4% | 1.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.34 | 7.34 | 8.31 | 9.74 | 8.82 |
Avg | 5.86 | 6.54 | 7.23 | 8.38 | 8.48 |
Low | 5.55 | 6.05 | 6.53 | 7.55 | 8.23 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 25.1% | 25.3% | 27.0% | 34.7% | 5.3% |
Avg | 15.5% | 11.7% | 10.5% | 15.8% | 1.3% |
Low | 9.4% | 3.2% | -0.3% | 4.3% | -1.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.