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Corteva (CTVA)
NYSE:CTVA
Holding CTVA?
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CTVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$43.22 - $58.76
Previous Close$57.44
Volume929.40K
Average Volume (3M)2.91M
Market Cap
$40.73B
Enterprise Value$42.77B
Total Cash (Recent Filing)$1.96B
Total Debt (Recent Filing)$4.72B
Price to Earnings (P/E)44.1
Beta0.75
Next Earnings
Nov 06, 2024EPS Estimate
-$0.29Last Dividend Ex-Date
Sep 03, 2024Dividend Yield1.12%
Share Statistics
EPS (TTM)1.29
Shares Outstanding692,247,000
10 Day Avg. Volume2,923,319
30 Day Avg. Volume2,907,887
Standard Deviation0.08
R-Squared0.29
Alpha0.00548
Financial Highlights & Ratios
Price to Book (P/B)1.58
Price to Sales (P/S)2.34
Price to Cash Flow (P/CF)116.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.05
Enterprise Value/Gross Profit5.85
Enterprise Value/Ebitda12.77
Forecast
1Y Price Target
$61.55Price Target Upside4.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Corteva News
PremiumCompany Announcements
Corteva Announces CFO Retirement and Successor Appointment
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSeed delivered another strong performance with EBITDA up 16% YoY and 10% above consensus on broad-based price increases.
Market PositionDespite lower crop prices and significant pressure on the agriculture sector, CTVA is considered the best-positioned agriculture company in the coverage.
Product InnovationCTVA’s Enlist soybean platform continues to grow with additional benefits from outlicensing and germplasm migration.
Bears Say
Financial PerformanceCrop Protection EBITDA was down 20% YoY and 19% below consensus due to competitive pricing pressure in North America and Latin America and residual destocking.
Market ConditionsLower crop prices will impact farmers' income, adding pressure to the agriculture complex.
OutlookFull-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
32.39% Mutual Funds
46.06% Other Institutional Investors
21.25% 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 $43.22 and its highest was $58.76 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 Nov 06, 2024 which is in 48 days.
How were Corteva’s earnings last quarter?
Corteva released its earnings results on Jul 31, 2024. The company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.721 by $0.109.
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 1.12%. See more information on Corteva dividends here
What is Corteva’s EPS estimate?
Corteva’s EPS estimate is -$0.29.
How many shares outstanding does Corteva have?
Corteva has 692,247,000 shares outstanding.
What happened to Corteva’s price movement after its last earnings report?
Corteva reported an EPS of $1.83 in its last earnings report, beating expectations of $1.721. Following the earnings report the stock price went down -5.525%.
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 600M.
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Corteva Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$61.55 (4.61% Upside)
$61.55 (4.61% Upside)
Blogger Sentiment
Bullish
CTVA Sentiment 90%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 6.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.2%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.11%
12-Months-Change
Fundamentals
Return on Equity
3.40%
Trailing 12-Months
Asset Growth
-6.17%
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
Q2 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
$61.55
▲(4.61% Upside)
Technical Analysis
Best Analysts Covering CTVA
1 Year
1 Year Success Rate
15/19 ratings generated profit
1 Year Average Return
+15.80%
reiterated a buy rating 2 months ago
Copying Aleksey Yefremov's trades and holding each position for 1 Year would result in 78.95% of your transactions generating a profit, with an average return of +15.80% per trade.
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