Why Zoetis Stock Took Another Tumble Today
One day after unveiling quarterly results that disappointed the market and engendered a stock sell-off, (NYSE: ZTS) shares again tumbled. As of late-session trading on Friday, they were down by 4%, in no small part due to several analyst price target cuts. Meanwhile, the benchmark S 500 (SNPINDEX: ^GSPC) essentially traded sideways on the day.
Zoetis slightly topped analyst estimates for profitability and met those for revenue in its fourth quarter. But as investors know, stocks overwhelmingly trade more on future potential than historical performance. The problem was that the animal healthcare specialist's full-year 2025 revenue and earnings guidance came well short of the consensus pundit projection.
So it didn't come as a major shock on Friday when several of those analysts weighed in with new, more bearish takes on Zoetis.
Source Fool.com
Zoetis Inc. A Stock
Zoetis Inc. A is currently one of the favorites of our community with 19 Buy predictions and no Sell predictions.
With a target price of 179 € there is a hugely positive potential of 69.03% for Zoetis Inc. A compared to the current price of 105.9 €.
