Key Considerations for Corteva Investors

By Scott Lee • Thursday, November 28 10:10 • Permanent Link

Join us for a quick overview of Corteva, a Farming company whose shares moved -1.2% today. Here are some facts about the stock that should help you see the bigger picture:

Corteva has moved 38.3% over the last year, and the S&P 500 logged a change of 31.3%
CTVA has an average analyst rating of buy and is -4.84% away from its mean target price of $65.68 per share
Its trailing earnings per share (EPS) is $0.96
Corteva has a trailing 12 month Price to Earnings (P/E) ratio of 65.1 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $3.21 and its forward P/E ratio is 19.5
The company has a Price to Book (P/B) ratio of 1.74 in contrast to the S&P 500's average ratio of 4.74
Corteva is part of the Consumer Staples sector, which has an average P/E ratio of 23.09 and an average P/B of 3.3
The company has a free cash flow of $2.41 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.