Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Corteva (CTVA)
NYSE:CTVA
Holding CTVA?
Track your performance easily
CTVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.89 - $63.75
Previous Close$58.24
Volume3.51M
Average Volume (3M)3.06M
Market Cap
$40.03B
Enterprise Value$43.49B
Total Cash (Recent Filing)$2.49B
Total Debt (Recent Filing)$5.72B
Price to Earnings (P/E)59.0
Beta0.68
Next Earnings
Jan 29, 2025EPS Estimate
$0.32Next Dividend Ex-Date
Dec 02, 2024Dividend Yield1.14%
Share Statistics
EPS (TTM)0.99
Shares Outstanding687,293,000
10 Day Avg. Volume4,126,870
30 Day Avg. Volume3,064,030
Standard Deviation0.07
R-Squared0.30
Alpha0.00861
Financial Highlights & Ratios
Price to Book (P/B)1.63
Price to Sales (P/S)2.28
Price to Cash Flow (P/CF)-40.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.25
Enterprise Value/Gross Profit5.95
Enterprise Value/Ebitda9.31
Forecast
1Y Price Target
$64.67Price Target Upside10.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Corteva News
Bulls Say, Bears Say
Bulls Say
Product InnovationGene editing is expected to accelerate genetic yield gains and incorporate crop protection traits, leading to branded and licensee market share gains.
Revenue GrowthCorteva expects $1B incremental sales growth from out-licensing, new CP products, and Biologicals, showing potential for substantial revenue increase.
Shareholder ReturnsThe new $3 billion share buyback program indicates significant return of capital to shareholders.
Bears Say
Financial PerformanceOrganic sales declined significantly in Latin America, with a 36% drop due to lower corn acreage and competitive pricing pressure.
Market ConditionsPricing pressure has intensified, with prices down 10% in the crop protection segment.
Regulatory RisksLitigation risks remain a concern, particularly with the FTC's investigation into alleged anti-competitive contracts that could lead to increased competition.
---
Ownership Overview
0.17% Insiders
28.97% Mutual Funds
23.78% Other Institutional Investors
23.84% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
CTVA FAQ
What was Corteva’s price range in the past 12 months?
Corteva lowest stock price was $43.89 and its highest was $63.75 in the past 12 months.
What is Corteva’s market cap?
Currently, no data Available
When is Corteva’s upcoming earnings report date?
Corteva’s upcoming earnings report date is Jan 29, 2025 which is in 69 days.
How were Corteva’s earnings last quarter?
Corteva released its earnings results on Nov 06, 2024. The company reported -$0.49 earnings per share for the quarter, missing the consensus estimate of -$0.303 by -$0.187.
Is Corteva overvalued?
According to Wall Street analysts Corteva’s price is currently Undervalued.
Does Corteva pay dividends?
Corteva pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 1.14%. See more information on Corteva dividends here
What is Corteva’s EPS estimate?
Corteva’s EPS estimate is $0.32.
How many shares outstanding does Corteva have?
Corteva has 687,293,000 shares outstanding.
What happened to Corteva’s price movement after its last earnings report?
Corteva reported an EPS of -$0.49 in its last earnings report, missing expectations of -$0.303. Following the earnings report the stock price went down -5.021%.
Which hedge fund is a major shareholder of Corteva?
Among the largest hedge funds holding Corteva’s share is Independent Franchise Partners Llp. It holds Corteva’s shares valued at 654M.
---
Corteva Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$64.67 (10.06% Upside)
$64.67 (10.06% Upside)
Blogger Sentiment
Bullish
CTVA Sentiment 88%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 8.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.60%
12-Months-Change
Fundamentals
Return on Equity
2.68%
Trailing 12-Months
Asset Growth
-2.79%
Trailing 12-Months
Company Description
Corteva
Corteva, Inc. is an agricultural chemical and seed company. It develops and supplies advanced germplasm and traits that helps in maximizing yield for farms. It also supplies products that enhances enhance crop health and protectagainst weeds, insects and other pests, and diseases.
---
CTVA Company Deck
---
CTVA Earnings Call
Q3 2024
0:00 / 0:00
---
CTVA Revenue Breakdown
37.43% Corn
23.42% Herbicides
10.79% Soybean
9.28% Insecticides
19.09% Other
---
CTVA Stock 12 Month Forecast
Average Price Target
$64.67
▲(10.06% Upside)
Technical Analysis
Best Analysts Covering CTVA
1 Year
1 Year Success Rate
13/18 ratings generated profit
1 Year Average Return
+11.68%
reiterated a buy rating 4 months ago
Copying David Begleiter's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +11.68% per trade.
---