Zoetis Inc Class A
ZTS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$388.00 | Krqm | Bjlljnsmh |
Zoetis Earnings: Lumpiness With Distributors Damped Companion Animal Segment Growth
Wide-moat Zoetis delivered unusually muted first-quarter performance thanks to U.S. distributor stocking patterns, but these types of timing differences typically do not shift our long-term valuations much. We’re holding steady on our fair value estimate.