Shares of Zoetis Inc. Class A (NYSE:ZTS) traded at a new 52-week high today of $200.39. This new high was reached on approximately average trading volume as 1.3 million shares traded hands, while the average 30-day volume is approximately 1.7 million shares.
In the past 52 weeks, Zoetis Inc. Class A share prices are bracketed by a low of $138.12 and a high of $200.39 and is now at $200.32, 45% above that low price.
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.
Based on a current price of $200.32, Zoetis Inc. Class A is currently 10.2% above its average consensus analyst price target of $179.89.
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