Zoetis Inc Stock Price on December 21, 2016

ZTS Stock  USD 169.21  0.70  0.42%   
Below is the normalized historical share price chart for Zoetis Inc extending back to February 01, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Zoetis stands at 169.21, as last reported on the 29th of March, with the highest price reaching 171.14 and the lowest price hitting 167.41 during the day.
IPO Date
1st of February 2013
200 Day MA
181.0793
50 Day MA
185.9706
Beta
0.867
 
Yuan Drop
 
Covid
If you're considering investing in Zoetis Stock, it is important to understand the factors that can impact its price. Zoetis Inc shows Sharpe Ratio of -0.14, which attests that the company had a -0.14% return per unit of risk over the last 3 months. Zoetis Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zoetis' Market Risk Adjusted Performance of (0.13), mean deviation of 1.17, and Standard Deviation of 1.61 to validate the risk estimate we provide.
  
Common Stock Shares Outstanding is likely to drop to about 389.2 M in 2024. Total Stockholder Equity is likely to drop to about 3.2 B in 2024. At this time, Zoetis' Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 58.96 in 2024, whereas Price To Sales Ratio is likely to drop 5.59 in 2024. Zoetis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1361

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsZTS

Estimated Market Risk

 1.67
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zoetis is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Zoetis by adding Zoetis to a well-diversified portfolio.
Price Book
15.4403
Enterprise Value Ebitda
22.3326
Price Sales
9.0303
Shares Float
456.9 M
Dividend Share
1.5

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Zoetis Stock history

Zoetis investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Zoetis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zoetis Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Zoetis stock prices may prove useful in developing a viable investing in Zoetis
Last ReportedProjected for 2024
Common Stock Shares Outstanding462.3 M389.2 M
Net Income Applicable To Common Shares2.4 B2.6 B

Zoetis Quarterly Net Working Capital

4.45 Billion

Zoetis Stock Technical Analysis

Zoetis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Zoetis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zoetis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zoetis Period Price Range

Zoetis March 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Zoetis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zoetis shares will generate the highest return on investment. By undertsting and applying Zoetis stock market strength indicators, traders can identify Zoetis Inc entry and exit signals to maximize returns

Zoetis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Zoetis' price direction in advance. Along with the technical and fundamental analysis of Zoetis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zoetis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Zoetis Inc is a strong investment it is important to analyze Zoetis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zoetis' future performance. For an informed investment choice regarding Zoetis Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zoetis Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for Zoetis Stock analysis

When running Zoetis' price analysis, check to measure Zoetis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zoetis is operating at the current time. Most of Zoetis' value examination focuses on studying past and present price action to predict the probability of Zoetis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoetis' price. Additionally, you may evaluate how the addition of Zoetis to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Bonds Directory
Find actively traded corporate debentures issued by US companies
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Is Zoetis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zoetis. If investors know Zoetis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zoetis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.164
Dividend Share
1.5
Earnings Share
5.07
Revenue Per Share
18.527
Quarterly Revenue Growth
0.085
The market value of Zoetis Inc is measured differently than its book value, which is the value of Zoetis that is recorded on the company's balance sheet. Investors also form their own opinion of Zoetis' value that differs from its market value or its book value, called intrinsic value, which is Zoetis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zoetis' market value can be influenced by many factors that don't directly affect Zoetis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zoetis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoetis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoetis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.