Welcome to our dedicated page for ZOETIS news (Ticker: ZTS), a resource for investors and traders seeking the latest updates and insights on ZOETIS stock.
Zoetis Inc. (symbol: ZTS) is a leading American pharmaceutical company and the world's largest producer of medicines and vaccinations for pets and livestock. Originally a subsidiary of Pfizer, Zoetis became an independent company following Pfizer’s spinoff of its 83% interest. Zoetis specializes in a wide range of products including anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals.
The company's revenue is split between production animals (cattle, pigs, poultry, etc.), which contribute approximately 35%, and companion animals (dogs, horses, cats), which account for nearly 65%. In the U.S., Zoetis' business is predominantly focused on companion animals, while its international operations have a slight inclination towards production animals. As an industry leader, Zoetis holds the largest market share and continues to lead in innovation and product development for animal health.
Recent achievements include the launch of new vaccines and diagnostic tools aimed at improving animal health and productivity. Financially, Zoetis remains robust with consistent revenue growth and strategic partnerships to expand its market reach. Current projects include advancing their R&D pipeline to develop next-generation animal health solutions and expanding their global footprint through acquisitions and collaborations.
Stay updated with the latest performance metrics, developments, and events related to Zoetis Inc. to make informed investment decisions.
Zoetis (NYSE:ZTS) will participate in the William Blair 41st Annual Growth Stock Conference on June 2, 2021. Glenn David, Executive Vice President and CFO, is set to present at 12:20 p.m. ET. Investors can access a live audio webcast of the presentation through the Zoetis investor relations website, with a replay available post-event. Zoetis, recognized as the leader in animal health, generated $6.7 billion in revenue in 2020 and employs approximately 11,300 staff worldwide, committed to advancing animal care.
Zoetis (NYSE:ZTS) will take part in the Stifel 2021 Virtual Jaws & Paws Conference on June 3, 2021. CEO Kristin Peck is scheduled to present at 2:00 p.m. ET and answer questions from analysts. Investors can access a live audio webcast of the presentation at investor.zoetis.com/events-presentations, with a replay available post-event. Zoetis, a leader in animal health, generated $6.7 billion in revenue in 2020 and employs approximately 11,300 people, committed to advancing animal care worldwide.
Zoetis (NYSE:ZTS) announced the results of its 2021 Annual Meeting of Shareholders and declared a quarterly dividend of $0.25 per share, payable on Sept. 1, 2021. CEO Kristin Peck highlighted a 9% operational revenue growth and 10% adjusted net income growth in 2020, aided by strong cash flow. The company elected new directors and approved compensation packages for executives. Zoetis aims to maintain its growth trajectory with a focus on innovations in pet care, diagnostics, and international markets.
Zoetis (NYSE:ZTS) announced leadership changes aimed at enhancing its growth strategy. Effective June 1, 2021, Glenn David transitions from CFO to Executive Vice President and Group President, focusing on international operations and growth areas like aquaculture and pet insurance. Wetteny Joseph joins as CFO, bringing extensive financial expertise from Catalent. Both executives are expected to drive innovation and expand market presence, particularly in crucial regions like China and Brazil. These changes reflect Zoetis' commitment to sustained growth and maximizing shareholder value.
Zoetis reported strong Q1 2021 results with $1.9 billion in revenue, a 22% increase year-over-year. Net income rose 32% to $559 million, or $1.17 per diluted share. Adjusted net income was $603 million, up 33%. The company raised its full-year revenue guidance to $7.500-$7.625 billion, citing robust operational growth across its product segments, particularly in companion animal products, and successful sales in international markets. New product approvals and a recovering veterinary sector contributed to positive momentum. CEO Kristin Peck emphasized the company's diverse portfolio and commitment to innovation.
Zoetis (NYSE: ZTS) will host a webcast and conference call at 8:30 a.m. (ET) on May 6, 2021, to discuss its first quarter 2021 financial results. CEO Kristin Peck and CFO Glenn David will present the financial outcomes and address questions from analysts. Investors can access the live event via the Zoetis investor website, with a replay available post-event. In 2020, Zoetis generated $6.7 billion in revenue, emphasizing its position as a leading animal health company.
Zoetis (NYSE:ZTS) is set to participate in the Cowen 41st Annual Health Care Conference on March 1, 2021. CEO Kristin Peck will present at 1:20 p.m. ET and answer questions from analysts. Investors can access a live audio webcast of the presentation at investor.zoetis.com/events-presentations, with a replay available afterwards. As a leader in animal health, Zoetis generated $6.7 billion in revenue in 2020 and operates in over 100 countries, providing medicines, vaccines, and diagnostics for animal care.
Zoetis (NYSE:ZTS) will join the Bank of America Securities 2021 Animal Health Summit Virtual Forum on February 25, 2021. Glenn David, Executive Vice President and CFO, will present at 7:50 a.m. ET. Investors can listen to the live audio webcast at investor.zoetis.com/events-presentations, with a replay available post-event. Zoetis, a leader in animal health, reported $6.7 billion in annual revenue for 2020 and has a team of approximately 11,300 employees, providing essential products across over 100 countries.
Zoetis (NYSE:ZTS) has received marketing authorization from the European Commission for Solensia (frunevetmab), a groundbreaking treatment for feline osteoarthritis (OA). Affecting approximately 40% of cats, OA can severely impact their quality of life. Solensia is a monoclonal antibody that targets Nerve Growth Factor (NGF) to alleviate OA pain and is administered monthly by veterinarians. Clinical studies reveal that 76% of cat owners reported sustained improvements in their pets' pain symptoms, enhancing overall activity and sociability.
FAQ
What is the current stock price of ZOETIS (ZTS)?
What is the market cap of ZOETIS (ZTS)?
What does Zoetis Inc. specialize in?
Is Zoetis Inc. still part of Pfizer?
What percentage of Zoetis' revenue comes from companion animals?
Which segment contributes more to Zoetis' U.S. business?
How does Zoetis' international business differ from its U.S. business?
What recent achievements has Zoetis Inc. accomplished?
What are Zoetis' current projects?
What is Zoetis' market position in the industry?
Does Zoetis have any strategic partnerships?