Shares of Zoetis Inc. Class A (NYSE:ZTS) traded at a new 52-week high today of $244.13. So far today approximately 305,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns slightly less than half of total revenue from production animals (cattle, pigs, poultry, and so on), and more than half from companion animal (dogs, horses, cats) products make up the other half. Its U.S. business is heavily skewed toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer’s animal health unit.
In the past 52 weeks, Zoetis Inc. Class A share prices are bracketed by a low of $141.41 and a high of $244.13 and is now at $243.91, 72% above that low price.
Zoetis Inc. Class A (NYSE:ZTS) defies analysts with a current price ($243.91) 18.4% above its average consensus price target of $199.04.
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