Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally.
Adequate balance sheet with acceptable track record.
Share Price & News
How has Zoetis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZTS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ZTS exceeded the US Pharmaceuticals industry which returned 3.7% over the past year.
Return vs Market: ZTS exceeded the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Zoetis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAre Zoetis Inc. (NYSE:ZTS) Investors Paying Above The Intrinsic Value?
3 weeks ago | Simply Wall StWe Think Zoetis (NYSE:ZTS) Can Stay On Top Of Its Debt
1 month ago | Simply Wall StThe Zoetis (NYSE:ZTS) Share Price Is Up 211% And Shareholders Are Boasting About It
Is Zoetis undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ZTS ($138.39) is trading above our estimate of fair value ($113.34)
Significantly Below Fair Value: ZTS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ZTS is poor value based on its PE Ratio (44.1x) compared to the Pharmaceuticals industry average (21.3x).
PE vs Market: ZTS is poor value based on its PE Ratio (44.1x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: ZTS is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: ZTS is overvalued based on its PB Ratio (24.3x) compared to the US Pharmaceuticals industry average (2.9x).
How is Zoetis forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZTS's forecast earnings growth (11.2% per year) is above the savings rate (1.7%).
Earnings vs Market: ZTS's earnings (11.2% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: ZTS's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZTS's revenue (6% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: ZTS's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZTS's Return on Equity is forecast to be very high in 3 years time (47%).
How has Zoetis performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZTS has high quality earnings.
Growing Profit Margin: ZTS's current net profit margins (24%) are lower than last year (24.5%).
Past Earnings Growth Analysis
Earnings Trend: ZTS's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: ZTS's earnings growth over the past year (5%) is below its 5-year average (25.8% per year).
Earnings vs Industry: ZTS earnings growth over the past year (5%) exceeded the Pharmaceuticals industry 2.4%.
Return on Equity
High ROE: Whilst ZTS's Return on Equity (55.39%) is outstanding, this metric is skewed due to their high level of debt.
How is Zoetis's financial position?
Financial Position Analysis
Short Term Liabilities: ZTS's short term assets ($4.7B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: ZTS's short term assets ($4.7B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: ZTS's debt to equity ratio (238.3%) is considered high.
Reducing Debt: ZTS's debt to equity ratio has reduced from 271.7% to 238.3% over the past 5 years.
Debt Coverage: ZTS's debt is well covered by operating cash flow (27.8%).
Interest Coverage: ZTS's interest payments on its debt are well covered by EBIT (11.8x coverage).
Inventory Level: ZTS has a high level of physical assets or inventory.
Debt Coverage by Assets: ZTS's debt is not covered by short term assets (assets are 0.7x debt).
What is Zoetis's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ZTS's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: ZTS's dividend (0.58%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: ZTS is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: ZTS is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ZTS is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ZTS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kristin Peck (48yo)
Ms. Kristin C. Peck serves as Chief Executive Officer of Zoetis Inc. since January 2020 and serves as its Director since October 3, 2019. Ms. Peck served as Group President of U.S. Operations, Business Dev ...
CEO Compensation Analysis
Compensation vs Market: Kristin's total compensation ($USD3.04M) is below average for companies of similar size in the US market ($USD10.82M).
Compensation vs Earnings: Kristin's compensation has been consistent with company performance over the past year.
|CEO & Director||0.08yrs||US$3.04m||0.0097% $6.4m|
|Executive VP & CFO||3.5yrs||US$3.04m||0.0059% $3.9m|
|Advisor & Director||7.6yrs||US$11.67m||0.020% $13.3m|
|Executive VP and President of Research & Development||7.3yrs||US$2.92m||0.014% $8.9m|
|Employee Advisor||7.3yrs||US$4.63m||0.0059% $3.9m|
|Executive VP and Chief Human Resources Officer & Global Operations||0yrs||no data||0.0075% $4.9m|
|Executive VP and Chief Information & Digital Officer||0.08yrs||no data||no data|
|Vice President of Investor Relations||0yrs||no data||no data|
|Executive VP||7.3yrs||no data||0.0034% $2.3m|
|VP & Chief Communications Officer||0yrs||no data||no data|
Experienced Management: ZTS's management team is considered experienced (3.5 years average tenure).
|CEO & Director||0.08yrs||US$3.04m||0.0097% $6.4m|
|Advisor & Director||7.6yrs||US$11.67m||0.020% $13.3m|
|Independent Director||6.5yrs||US$300.00k||0.0016% $1.0m|
|Non-Executive Chairman||6.7yrs||US$475.00k||0.0039% $2.6m|
|Independent Director||7.1yrs||US$300.00k||0.0034% $2.2m|
|Independent Director||7.6yrs||US$300.00k||0.0027% $1.8m|
|Independent Director||6.7yrs||US$300.00k||0.0017% $1.1m|
|Independent Director||6.7yrs||US$325.00k||0.0019% $1.2m|
|Independent Director||7.1yrs||US$325.00k||0.0025% $1.6m|
|Independent Director||5.9yrs||US$300.00k||0.0014% $900.4k|
Experienced Board: ZTS's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Zoetis Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Zoetis Inc.
- Ticker: ZTS
- Exchange: NYSE
- Founded: 1952
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Market Cap: US$65.726b
- Shares outstanding: 474.93m
- Website: https://www.zoetis.com
Number of Employees
- Zoetis Inc.
- 10 Sylvan Way
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZTS||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Feb 2013|
|ZOE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2013|
|0M3Q||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Feb 2013|
|ZTS *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Feb 2013|
|ZOE||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Feb 2013|
|ZOTS||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Feb 2013|
|Z1TS34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 4 REPR 1 COM||BR||BRL||Jan 2020|
Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally. It commercializes products primarily across species, including livestock, such as cattle, swine, poultry, fish, and sheep; and companion animals comprising dogs, cats, and horses. The company offers vaccines, which are biological preparations to prevent diseases of the respiratory, gastrointestinal, and reproductive tracts or induce a specific immune response; anti-infectives that prevent, kill, or slow the growth of bacteria, fungi, or protozoa; and parasiticides, which prevent or eliminate external and internal parasites comprising fleas, ticks, and worms. It also provides other pharmaceutical products comprising pain and sedation, antiemetic, reproductive, and oncology products; dermatology products for itch associated with allergic conditions and atopic dermatitis; and medicated feed additives that offer medicines to livestock. In addition, the company offers portable blood and urine analysis systems, and point-of-care diagnostic products, including instruments and reagents, rapid immunoassay tests, reference laboratory kits, and blood glucose monitors; and other non-pharmaceutical products, such as nutritionals and agribusiness, as well as products and services in the areas of biodevices, genetics tests, and precision livestock farming. It markets its products to veterinarians, livestock producers, and retail outlets, as well as third-party veterinary distributors through its sales representatives, and technical and veterinary operations specialists. The company was founded in 1952 and is headquartered in Parsippany, New Jersey.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:46|
|End of Day Share Price||2020/02/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.