Large-cap Consumer Staples company Corteva has moved 1.6% so far today on a volume of 2,554,080, compared to its average of 3,241,890. In contrast, the S&P 500 index moved -0.0%.
Corteva trades -13.72% away from its average analyst target price of $63.65 per share. The 20 analysts following the stock have set target prices ranging from $54.0 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 92.4% above its Graham number of $28.55, which implies that at its current valuation it does not offer a margin of safety
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Corteva has moved -6.5% over the last year, and the S&P 500 logged a change of 24.7%
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Based on its trailing earnings per share of 0.99, Corteva has a trailing 12 month Price to Earnings (P/E) ratio of 55.5 while the S&P 500 average is 27.65
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CTVA has a forward P/E ratio of 15.9 based on its forward 12 month price to earnings (EPS) of $3.46 per share
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The company has a price to earnings growth (PEG) ratio of 1.41 — 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 1.55 compared to its sector average of 2.79
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Corteva, Inc. operates in the agriculture business.
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Based in Indianapolis, the company has 22,500 full time employees and a market cap of $38.28 Billion. Corteva currently returns an annual dividend yield of 1.2%.