Zoetis (ZTS) Set to Announce Quarterly Earnings on Thursday

Zoetis (NYSE:ZTS) is scheduled to announce its earnings results before the market opens on Thursday, February 15th. Analysts expect the company to announce earnings of $0.66 per share for the quarter.

Shares of Zoetis (NYSE:ZTS) opened at $73.86 on Thursday. The company has a market capitalization of $35,990.00, a price-to-earnings ratio of 38.87, a PEG ratio of 1.63 and a beta of 1.07. The company has a quick ratio of 1.95, a current ratio of 2.80 and a debt-to-equity ratio of 2.45. Zoetis has a 12-month low of $52.00 and a 12-month high of $80.13.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, January 19th will be given a $0.126 dividend. This represents a $0.50 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Thursday, January 18th. This is a boost from Zoetis’s previous quarterly dividend of $0.11. Zoetis’s dividend payout ratio (DPR) is 26.32%.

A number of analysts recently issued reports on ZTS shares. Zacks Investment Research raised Zoetis from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Thursday, October 12th. BidaskClub raised Zoetis from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Cantor Fitzgerald reissued a “buy” rating and set a $75.00 price objective on shares of Zoetis in a research report on Tuesday, October 24th. Stifel Nicolaus reissued a “buy” rating and set a $65.00 price objective on shares of Zoetis in a research report on Tuesday, October 24th. Finally, Jefferies Group reissued a “buy” rating on shares of Zoetis in a research report on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Zoetis has an average rating of “Buy” and a consensus price target of $73.72.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/02/08/zoetis-zts-set-to-announce-quarterly-earnings-on-thursday.html.

About Zoetis

Zoetis Inc is engaged in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals. The Company has a business, commercializing products across eight core species: cattle, swine, poultry, sheep and fish (collectively, livestock) and dogs, cats and horses (collectively, companion animals), and within five product categories: anti-infectives, vaccines, parasiticides, medicated feed additives and other pharmaceuticals.

Earnings History for Zoetis (NYSE:ZTS)

Receive News & Ratings for Zoetis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoetis and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply