Navigating the Corteva (CTVA) Stock – Key Points for Investors

Corteva sank -3.7% today, compared to the S&P 500's day change of -0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

  • Corteva has moved -2.7% over the last year, and the S&P 500 logged a change of 24.5%

  • CTVA has an average analyst rating of buy and is -16.89% away from its mean target price of $63.65 per share

  • Its trailing earnings per share (EPS) is $0.99

  • Corteva has a trailing 12 month Price to Earnings (P/E) ratio of 53.4 while the S&P 500 average is 27.65

  • Its forward earnings per share (EPS) is $3.46 and its forward P/E ratio is 15.3

  • The company has a Price to Book (P/B) ratio of 1.49 in contrast to the S&P 500's average ratio of 4.59

  • Corteva is part of the Consumer Staples sector, which has an average P/E ratio of 22.64 and an average P/B of 2.79

  • CTVA has reported YOY quarterly earnings growth of -28.0% and gross profit margins of 0.4%

  • The company has a free cash flow of $2.48 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.