Wondering if Zoetis is starting to look like good value after a tough run, or if the current price still asks too much of future expectations?
The stock last closed at US$126.73, with a 4.1% gain over the past 7 days, a 2.0% decline over 30 days, a 0.6% return year to date, and a 26.2% decline over the past year, as well as 18.5% and 19.2% declines over the past 3 and 5 years respectively.
Recent attention on Zoetis has focused on its position in animal health and how investors are weighing long term demand for veterinary products against current pricing of the shares. This mix of interest and caution helps explain why some investors are re-examining what they are willing to pay for the stock today.
