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Corteva Inc (CTVA)

NYSE
Currency in USD
59.49
+0.19(+0.32%)
Closed
After Hours
59.50+0.01(+0.02%)
CTVA Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
58.7159.75
52 wk Range
44.0164.20
Key Statistics
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Prev. Close
59.3
Open
59.25
Day's Range
58.71-59.75
52 wk Range
44.01-64.2
Volume
1.99M
Average Volume (3m)
3.19M
1-Year Change
27.83%
Book Value / Share
35.73
Fair Value
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Fair Value Upside
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CTVA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
65.82
Upside
+10.64%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 6 consecutive years
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Corteva Inc Company Profile

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.

Industry
Chemicals
Employees
21000

Corteva Inc SWOT Analysis


Ag Giant's Crossroads
Corteva navigates market challenges and growth opportunities in seeds and crop protection, balancing financial headwinds with strategic initiatives
Financial Outlook
Explore Corteva's 2025 EBITDA guidance of $3.6-4.0 billion, reflecting cautious optimism amid recent underperformance and projected segment growth
Market Dynamics
Delve into Corteva's response to tight farmer margins, weather impacts, and competitive pressures, showcasing its adaptability in a volatile agricultural landscape
Strategic Position
Analysts set price targets ranging from $58 to $68, reflecting varied perspectives on Corteva's ability to leverage its strengths and navigate industry challenges
Read full SWOT analysis
CTVA Full Pro Research
Institutional-Grade Stock Analysis
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Corteva Inc Earnings Call Summary for Q3/2024

  • Q2 2024: Corteva reports growth in top and bottom-line results; operating EBITDA margin expands by ~250 basis points
  • Full-year guidance updated: Net sales up 1%, operating EBITDA to grow 4%; range of $17.2-17.5B and $3.4-3.6B respectively
  • Seed business strong: Enlist E3 tech on 65% of U.S. soybean acres; Z-series soybeans show 2.7 bushel/acre yield advantage
  • Strategic moves: $1B share repurchase plan, 6.25% dividend increase, new CFO starting September
  • Challenges: Crop Protection sales down 11%; competitive pressures and weather impacts affect guidance
Last Updated: 01/08/2024, 20:56
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Compare CTVA to Peers and Sector

Metrics to compare
CTVA
Peers
Sector
Relationship
P/E Ratio
61.0x29.3x−0.1x
PEG Ratio
−2.50−1.060.00
Price/Book
1.7x1.1x1.6x
Price / LTM Sales
2.5x0.6x1.3x
Upside (Analyst Target)
12.2%29.6%28.4%
Fair Value Upside
Unlock16.2%1.8%Unlock

Analysts' Recommendations

17 Buy
6 Hold
0 Sell
Ratings:
22 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 65.82

(+10.64% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.996
Dividend Yield
1.15%
Industry Median 1.56%
Annualised payout
0.6800
Paid quarterly
5-Years Growth
+20.48%
Growth Streak

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FAQ

What Is the Corteva (CTVA) Premarket Price Today?

The Corteva (CTVA) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 14 Dec 2024. Previous close: 59.30

What Stock Exchange Does Corteva Trade On?

Corteva is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Corteva?

The stock symbol for Corteva is "CTVA."

What Is the Corteva (CTVA) Afterhours Price Today? (Afterhours variable test: ) Current Date: 14 Dec 2024

After hours price: . After hours price change (units): . Price change percentage:

What Is the Corteva Market Cap?

As of today, Corteva market cap is 40.89B.

What is Corteva Earnings Per Share?

The Corteva EPS is 0.996.

What Is the Next Corteva Earnings Date?

Corteva will release its next earnings report on 28 Jan 2025.

From a Technical Analysis Perspective, Is CTVA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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