Large-cap Industrials company Corteva has moved 1.2% so far today on a volume of 4,482,924, compared to its average of 3,889,666. In contrast, the S&P 500 index moved 1.0%.
Corteva trades -21.64% away from its average analyst target price of $57.87 per share. The 23 analysts following the stock have set target prices ranging from $50.0 to $69.0, and on average have given Corteva a rating of buy.
If you are considering an investment in CTVA, you'll want to know the following:
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Corteva's current price is 37.2% above its Graham number of $33.04, which implies that at its current valuation it does not offer a margin of safety
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Corteva has moved -27.4% over the last year, and the S&P 500 logged a change of 16.2%
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Based on its trailing earnings per share of 1.57, Corteva has a trailing 12 month Price to Earnings (P/E) ratio of 28.9 while the S&P 500 average is 15.97
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CTVA has a forward P/E ratio of 15.0 based on its forward 12 month price to earnings (EPS) of $3.02 per share
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The company has a price to earnings growth (PEG) ratio of 1.76 — a number near or below 1 signifying that Corteva is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.27 compared to its sector average of 4.06
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Corteva, Inc. operates in the agriculture business.
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Based in Indianapolis, the company has 21,000 full time employees and a market cap of $31.96 Billion. Corteva currently returns an annual dividend yield of 1.4%.