Technical Analysis
Based on the latest market data, ZTS closed at $168.61 on January 24, 2025, with a regular market gain of 0.99%. The stock is currently showing mixed technical signals.
The RSI(14) reading of 51.88 indicates a neutral momentum, suggesting the stock is neither overbought nor oversold. The stock is trading below its 200-day SMA of $175.63 but above its 20-day SMA of $165.33, indicating a potential consolidation phase.
News Impact
Recent significant news that could impact next week's trading:
European and U.S. regulators are investigating potential health concerns regarding ZTS's arthritis medications for animals. This regulatory scrutiny could create near-term pressure on the stock.
Piper Sandler's recent survey highlights ZTS as the only overweight-rated stock in the animal health sector, noting its strong pricing power and irreplaceable therapeutics despite macro challenges.
Price Prediction for Next Week
Based on Fibonacci levels:
Expected price movement:
Trading Recommendation
SELL with target entry at current levels ($168-$169):
Rationale:
The price of ZTS is predicted to go up -32.54%, based on the high correlation periods with GRI. The similarity of these two price pattern on the periods is 97.73%.
ZTS
GRI
Growing interest in probiotics, antibacterial peptides, and immune modulators as alternatives to antibiotics offer many targets for innovation.
Companion animals are increasingly viewed as family members, drastically increasing owners' willingness to spend on pet healthcare.
Because the animal health industry lacks large payers like Medicare, single-payer governments, or large insurance companies, Zoetis maintains significant pricing power.
Leerink Partners
Price Target
$215
Upside
+21.6%
Stifel
Price Target
$200 → $210
Upside
+6.9%