Zoetis Inc. (ZTS)
NYSE: ZTS · IEX Real-Time Price · USD
169.56
+0.12 (0.07%)
May 31, 2024, 4:00 PM EDT - Market closed
Zoetis Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Zoetis stock have an average target of 211.57, with a low estimate of 180 and a high estimate of 230. The average target predicts an increase of 24.78% from the current stock price of 169.56.
Analyst Consensus: Strong Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 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 | 7 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Strong Buy Maintains $230 → $225 | Strong Buy | Maintains | $230 → $225 | +32.70% | May 8, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $223 → $196 | Strong Buy | Maintains | $223 → $196 | +15.59% | May 6, 2024 |
| Stifel | Stifel | Strong Buy Maintains $195 → $180 | Strong Buy | Maintains | $195 → $180 | +6.16% | Apr 30, 2024 |
| Barclays | Barclays | Buy Maintains $260 → $230 | Buy | Maintains | $260 → $230 | +35.65% | Apr 23, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $220 → $195 | Buy | Reiterates | $220 → $195 | +15.00% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
9.25B
from 8.54B
Increased by 8.20%
Revenue Next Year
9.81B
from 9.25B
Increased by 6.06%
EPS This Year
5.82
from 5.07
Increased by 14.87%
EPS Next Year
6.45
from 5.82
Increased by 10.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.7B | 10.5B | 11.4B | 12.6B | 13.5B |
| Avg | 9.2B | 9.8B | 10.5B | 11.3B | 12.0B |
| Low | 8.9B | 9.0B | 9.9B | 10.5B | 11.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.1% | 13.6% | 15.8% | 20.0% | 20.0% |
| Avg | 8.2% | 6.1% | 6.7% | 7.6% | 6.6% |
| Low | 4.6% | -2.7% | 0.6% | 0.4% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.09 | 7.24 | 8.10 | 9.26 | 10.25 |
| Avg | 5.82 | 6.45 | 7.06 | 8.04 | 9.04 |
| Low | 5.63 | 6.01 | 6.46 | 7.32 | 7.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0% | 24.3% | 25.6% | 31.2% | 27.4% |
| Avg | 14.9% | 10.7% | 9.5% | 14.0% | 12.5% |
| Low | 11.0% | 3.2% | 0.2% | 3.7% | -0.7% |
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.