No. of Recommendations: 4
Zoetis (ZTS) down 50% in the last year, down 30.4% in the last month.
Animal healthcare (2/3 companion an 1/3 livestock) spun out of Pfizer in 2013. Market cap currently $34B and P/E 13.
As high as $250 December 2021, they were at $112 May 6, near term bottom of $74 on May 15, and last closed at $81 last week.
They dropped their 2026 guidance from $9.68B-$9.96B to $9.825B-$10.025B, missed EPS guidance at $1.53 vs $1.62 consensus, and lost share to generics.
AJM101,
Did you end up doing any active looking into Zoetis? I am starting a round of searching for a new business to add to he portfolio. This seemed interesting and I think I will start investing a little time looking into it. But concerned the business trends all seem negative in their results. Has anyone else done any looking?