Shares of Corteva have moved 3.7% today, and are now trading at a price of $58.62. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 1,308,971 compared to the stock's average volume of 2,895,883.
Corteva, Inc. operates in the agriculture business. Based in Indianapolis, United States the company has 21,000 full time employees and a market cap of $41,671,376,896. Corteva currently offers its equity investors a dividend that yields 1.1% per year.
The company is now trading -18.16% away from its average analyst target price of $71.63 per share. The 21 analysts following the stock have set target prices ranging from $61.0 to $82.0, and on average give Corteva a rating of buy.
Over the last year, CTVA shares have gone up 5.8%, which represents a difference of -11.0% when compared to the S&P 500. The stock's 52 week high is $68.43 per share whereas its 52 week low is $50.03. Based on Corteva's compound average gross margins growth rate of 1.4% over the last 4 years, its core business remains strong and the stock price may maintain this level of performance.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 17,455,000 | 10,436,000 | 40.21 | -2.19 |
| 2021-12-31 | 15,655,000 | 9,220,000 | 41.11 | 2.37 |
| 2020-12-31 | 14,217,000 | 8,507,000 | 40.16 | 5.49 |
| 2019-12-31 | 13,846,000 | 8,575,000 | 38.07 | n/a |
