Large-cap Consumer Staples company Corteva has moved -1.2% so far today on a volume of 2,535,464, compared to its average of 4,611,119. In contrast, the S&P 500 index moved -0.0%.
Corteva trades -16.1% away from its average analyst target price of $77.71 per share. The 21 analysts following the stock have set target prices ranging from $65.0 to $86.0, and on average have given Corteva a rating of buy.
Anyone interested in buying CTVA should be aware of the facts below:
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Corteva's current price is 106.2% above its Graham number of $31.62, which implies that at its current valuation it does not offer a margin of safety
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Corteva has moved 10.5% over the last year, and the S&P 500 logged a change of 13.5%
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Based on its trailing earnings per share of 2.47, Corteva has a trailing 12 month Price to Earnings (P/E) ratio of 26.4 while the S&P 500 average is None
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CTVA has a forward P/E ratio of 20.3 based on its forward 12 month price to earnings (EPS) of $3.21 per share
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Its Price to Book (P/B) ratio is 1.75 compared to its sector average of None
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Corteva, Inc. operates in the agriculture business.
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Based in Indianapolis, the company has 22,000 full time employees and a market cap of $44.28 Billion. Corteva currently returns an annual dividend yield of 1.1%.
