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Corteva (CTVA)
NYSE:CTVA
Corteva (CTVA) Stock Price & Analysis
1,488 Followers
CTVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.82 - $58.59
Previous Close$55.54
Volume1.12M
Average Volume (3M)3.32M
Market Cap
$38.84B
Enterprise Value$38.70B
Total Cash (Recent Filing)$2.74B
Total Debt (Recent Filing)$2.49B
Price to Earnings (P/E)70.8
Beta0.75
Next Earnings
Jul 31, 2024EPS Estimate
$1.74Last Dividend Ex-Date
Jun 04, 2024Dividend Yield1.18%
Share Statistics
EPS (TTM)0.78
Shares Outstanding696,976,000
10 Day Avg. Volume4,134,593
30 Day Avg. Volume3,319,681
Standard Deviation0.08
R-Squared0.30
Alpha0.00634
Financial Highlights & Ratios
Price to Book (P/B)6.67
Price to Sales (P/S)2.14
Price to Cash Flow (P/CF)11.40
P/FCF Ratio11.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.21
Enterprise Value/Gross Profit5.30
Enterprise Value/Ebitda30.89
Forecast
1Y Price Target
$63.27Price Target Upside13.55% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Corteva News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement expects double-digit EBITDA and sales growth in the second half of the year.
Seed PortfolioStrong demand for corn seeds in North America helped offset volume weakness in other regions.
ValuationValuation attractive at 11.0x EBITDA, with a reiterated 'Buy' recommendation from the analyst.
Bears Say
Agriculture ComplexLower crop prices will impact farmers' income, adding pressure to the agriculture complex.
Crop ProtectionIn Crop Protection, pricing headwinds seem larger than expected, with a 5% price contraction assumed.
EarningsFull-year earnings guidance is not fully de-risked as significant volume recovery is needed in the second half, especially in Crop Protection.
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Ownership Overview
0.30% Insiders
32.45% Mutual Funds
23.82% Other Institutional Investors
43.43% 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.
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CTVA FAQ
What was Corteva’s price range in the past 12 months?
Corteva lowest stock price was $42.82 and its highest was $58.59 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 Jul 31, 2024 which is in 13 days.
How were Corteva’s earnings last quarter?
Corteva released its earnings results on May 01, 2024. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.823 by $0.067.
Is Corteva overvalued?
According to Wall Street analysts Corteva’s price is currently Undervalued.
Does Corteva pay dividends?
Corteva pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 1.18%. See more information on Corteva dividends here
What is Corteva’s EPS estimate?
Corteva’s EPS estimate is $1.74.
How many shares outstanding does Corteva have?
Corteva has 696,976,000 shares outstanding.
What happened to Corteva’s price movement after its last earnings report?
Corteva reported an EPS of $0.89 in its last earnings report, beating expectations of $0.823. Following the earnings report the stock price went up 5.712%.
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 832M.
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Corteva Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$63.27 (13.55% Upside)
$63.27 (13.55% Upside)
Blogger Sentiment
Bullish
CTVA Sentiment 93%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 5.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.01%
12-Months-Change
Fundamentals
Return on Equity
2.77%
Trailing 12-Months
Asset Growth
-4.12%
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.
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CTVA Company Deck
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CTVA Earnings Call
Q1 2024
0:00 / 0:00
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CTVA Revenue Breakdown
37.43% Corn
23.42% Herbicides
10.79% Soybean
9.28% Insecticides
19.09% Other
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CTVA Stock 12 Month Forecast
Average Price Target
$63.27
▲(13.55% Upside)
Technical Analysis
Best Analysts Covering CTVA
1 Year
1 Year Success Rate
21/29 ratings generated profit
1 Year Average Return
+11.37%
reiterated a buy rating 24 days ago
Copying Arun Viswanathan's trades and holding each position for 1 Year would result in 72.41% of your transactions generating a profit, with an average return of +11.37% per trade.
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