Zoetis Inc Stock Price on May 22, 2024

ZTS Stock  USD 193.24  3.24  1.65%   
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 193.24, as last reported on the 20th of September, with the highest price reaching 193.24 and the lowest price hitting 193.24 during the day.
IPO Date
1st of February 2013
200 Day MA
179.9809
50 Day MA
184.2942
Beta
0.883
 
Yuan Drop
 
Covid
If you're considering investing in Zoetis Stock, it is important to understand the factors that can impact its price. Zoetis appears to be very steady, given 3 months investment horizon. 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. We have found twenty-seven technical indicators for Zoetis Inc, which you can use to evaluate the volatility of the company. Please utilize Zoetis' Downside Deviation of 1.16, mean deviation of 1.03, and Market Risk Adjusted Performance of 0.3533 to validate if our risk estimates are consistent with your expectations.
  
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 Earnings Ratio is likely to drop 28.97 in 2024. Zoetis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1397

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Estimated Market Risk

 1.46
  actual daily
12
88% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Zoetis is performing at about 10% of its full potential. 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 it to a well-diversified portfolio.
Price Book
17.925
Enterprise Value Ebitda
25.9324
Price Sales
9.9849
Shares Float
452.2 M
Dividend Share
1.614

Related Headline

PetIQ Headline on 22nd of May 2024

Filed transaction by PetIQ Inc Officer General Counsel And Secretary. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Zoetis Valuation on May 22, 2024

It is possible to determine the worth of Zoetis on a given historical date. On May 22, 2024 Zoetis was worth 171.61 at the beginning of the trading date compared to the closed value of 171.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zoetis stock. Still, in general, we apply an absolute valuation method to find Zoetis' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Zoetis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zoetis' related companies.
 Open High Low Close Volume
  173.06    175.36    172.11    172.38    1,600,357  
05/22/2024
  171.61    173.57    170.58    171.64    1,575,725  
  171.61    172.10    169.33    170.49    1,946,043  
Backtest Zoetis  |  Zoetis History  |  Zoetis Valuation   PreviousNext  
Open Value
171.61
167.24
Downside
171.64
Closing Value
175.98
Upside

Zoetis Trading Date Momentum on May 22, 2024

On May 23 2024 Zoetis Inc was traded for  170.49  at the closing time. Highest Zoetis's price during the trading hours was 172.10  and the lowest price during the day was  169.33 . The net volume was 1.9 M. The overall trading history on the 23rd of May contributed to the next trading period price depreciation. The trading date delta to the next next day price was 0.67% . The trading date delta to current price is 1.17% .

Zoetis Inc Fundamentals Correlations and Trends

By evaluating Zoetis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zoetis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zoetis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

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 Next Year
Common Stock Shares Outstanding462.3 M389.2 M
Net Income Applicable To Common Shares2.4 B2.6 B

Zoetis Quarterly Net Working Capital

4.41 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

Low
September 20, 2024
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High

 0.00 

     

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Zoetis Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Zoetis September 20, 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.

Additional 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.