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ZOETIS INC. - ZTS STOCK NEWS

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.

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Zoetis Inc. has received FDA approval for Librela, the first injectable monoclonal antibody treatment for canine osteoarthritis (OA) pain. The treatment is once-monthly and has been shown to improve mobility and overall quality of life in dogs. Canine OA is highly prevalent, affecting 40% of dogs, and current treatment options have limitations. Librela may help address the unmet need in treating OA pain in dogs.
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The Zoetis Foundation announced its first round of 2023 grants totaling $5.3 million, supporting 21 initiatives across 15 countries, benefiting livestock farmers and veterinary professionals, and providing earthquake relief in Türkiye. The funding aims to enhance veterinary education, promote diversity, and improve mental well-being in the profession. Notably, the Foundation has committed an additional $100,000 to the American Red Cross for Türkiye earthquake aid. Zoetis Inc. plans to distribute a total of $35 million in grants by the end of 2025, focusing on community and profession support.

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Zoetis Inc. (NYSE: ZTS) is set to host a webcast and conference call on May 4, 2023, at 8:30 a.m. (ET) to discuss its first quarter 2023 financial results. CEO Kristin Peck and CFO Wetteny Joseph will present the results and answer questions from financial analysts. Interested investors and the public can access the live webcast through the Zoetis website, and a replay will be available following the event. In 2022, Zoetis generated impressive revenue of $8.1 billion and continues to lead in animal health innovation across over 100 countries.

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Zoetis (NYSE:ZTS) will participate in the TD Cowen Health Care Conference on March 6, 2023. Wetteny Joseph, Executive Vice President and CFO, is set to present at 11:10 a.m. ET and address questions from analysts. A live audio webcast will be available at investor.zoetis.com/events-presentations. Following the event, a replay will be accessible on the Zoetis website. As a leading animal health company, Zoetis focuses on enhancing animal care globally, with $8.1 billion in revenue in 2022 and around 13,800 employees.

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Zoetis has secured a $15.3 million grant from the Bill & Melinda Gates Foundation to enhance veterinary care and livestock productivity in Sub-Saharan Africa. This funding will broaden the existing African Livestock Productivity and Health Advancement (A.L.P.H.A.) initiative to include aquaculture and expand into seven new countries, including Ethiopia, Nigeria, Tanzania, Uganda, and Kenya. Over five years, the program aims to train 100,000 stakeholders and improve access to veterinary products, especially for female farmers. This initiative is part of Zoetis' commitment to support sustainable agricultural practices in rapidly developing regions.

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Zoetis (NYSE: ZTS) will participate in the Bank of America Securities 2023 Animal Health Summit on March 2, 2023, at 12:30 p.m. ET. The company will be represented by Wetteny Joseph, Executive VP and CFO, who will answer questions from analysts. A live audio webcast will be available for interested parties at investor.zoetis.com/events-presentations. A replay will also be accessible after the event. Zoetis, a leading global animal health company, focuses on advancing animal care and reported revenues of $8.1 billion in 2022.

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FAQ

What is the current stock price of ZOETIS (ZTS)?

The current stock price of ZOETIS (ZTS) is $176.42 as of November 18, 2024.

What is the market cap of ZOETIS (ZTS)?

The market cap of ZOETIS (ZTS) is approximately 79.5B.

What does Zoetis Inc. specialize in?

Zoetis Inc. specializes in medicines and vaccinations for pets and livestock, including anti-infectives, vaccines, parasiticides, diagnostics, and other health products.

Is Zoetis Inc. still part of Pfizer?

No, Zoetis Inc. became an independent company after Pfizer spun off its 83% interest.

What percentage of Zoetis' revenue comes from companion animals?

Nearly 65% of Zoetis' revenue comes from companion animal products such as those for dogs, horses, and cats.

Which segment contributes more to Zoetis' U.S. business?

Zoetis' U.S. business is heavily skewed toward companion animals.

How does Zoetis' international business differ from its U.S. business?

Internationally, Zoetis' business is slightly skewed towards production animals, unlike its U.S. business, which focuses more on companion animals.

What recent achievements has Zoetis Inc. accomplished?

Recent achievements include the launch of new vaccines and diagnostic tools aimed at improving animal health and productivity.

What are Zoetis' current projects?

Current projects include advancing their R&D pipeline to develop next-generation animal health solutions and expanding their global footprint through acquisitions and collaborations.

What is Zoetis' market position in the industry?

Zoetis holds the largest market share in the animal health industry.

Does Zoetis have any strategic partnerships?

Yes, Zoetis has strategic partnerships to expand its market reach and foster innovation.

Where can I find the latest updates on Zoetis Inc.?

You can stay updated with the latest performance metrics, developments, and events related to Zoetis Inc. on StockTitan and other financial news platforms.

ZOETIS INC.

NYSE:ZTS

ZTS Rankings

ZTS Stock Data

79.51B
451.17M
0.2%
96.44%
0.97%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
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United States of America
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