Is Zoetis Inc. (ZTS) A Good Stock To Buy Now?
Is ZTS a good stock to buy? We came across a bullish thesis on Zoetis Inc. on r/ValueInvesting by ringdingjinglejangle. In this article, we will summarize the b
Is ZTS a good stock to buy? We came across a bullish thesis on Zoetis Inc. on r/ValueInvesting by ringdingjinglejangle. In this article, we will summarize the bulls' thesis on ZTS. Zoetis Inc.'s share was trading at $75.89 as of June 22nd. ZTS's trailing and forward P/E were 12.44 and 11.10 respectively according to Yahoo Finance.
Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of medicines, vaccines, diagnostic products and services, biodevices, genetic tests, and precision animal health solutions for the animal health industry in the United States and internationally.
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ZTS is presented as a compelling contrarian opportunity after a dramatic decline that has pushed the stock down more than 50% from its highs and compressed its valuation to roughly 12.8x trailing earnings, far below its historical average of 36.6x. The company remains the global leader in animal health, benefiting from a diversified portfolio across companion animals, livestock, therapeutics, vaccines, diagnostics, and international
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/zoetis-inc-zts-good-stock-180326060.html)
Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.