Corteva, Inc. (CTVA)
- Previous Close
55.18 - Open
54.65 - Bid 53.66 x 900
- Ask 55.80 x 1100
- Day's Range
54.30 - 55.06 - 52 Week Range
43.22 - 61.87 - Volume
1,811,674 - Avg. Volume
3,608,780 - Market Cap (intraday)
38.278B - Beta (5Y Monthly) 0.77
- PE Ratio (TTM)
42.13 - EPS (TTM)
1.30 - Earnings Date May 1, 2024
- Forward Dividend & Yield 0.64 (1.16%)
- Ex-Dividend Date Feb 29, 2024
- 1y Target Est
61.95
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.
www.corteva.com22,500
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: CTVA
Performance Overview: CTVA
Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: CTVA
Valuation Measures
Market Cap
38.56B
Enterprise Value
38.31B
Trailing P/E
42.45
Forward P/E
19.72
PEG Ratio (5yr expected)
2.42
Price/Sales (ttm)
2.28
Price/Book (mrq)
1.54
Enterprise Value/Revenue
2.22
Enterprise Value/EBITDA
15.10
Financial Highlights
Profitability and Income Statement
Profit Margin
4.27%
Return on Assets (ttm)
2.93%
Return on Equity (ttm)
3.70%
Revenue (ttm)
17.23B
Net Income Avi to Common (ttm)
929M
Diluted EPS (ttm)
1.30
Balance Sheet and Cash Flow
Total Cash (mrq)
2.74B
Total Debt/Equity (mrq)
11.77%
Levered Free Cash Flow (ttm)
1.22B
Research Analysis: CTVA
Company Insights: CTVA
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Research Reports: CTVA
Weekly Stock List
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The fourth-quarter earnings season has crossed the 95% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 10%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 53%. On the flipside, Energy (like last quarter) is performing the worst, down 22%. Our analysts are always on the lookout for companies that boost their outlooks during earnings season. Here is an initial list of BUY-rated companies in Argus' Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 4Q23 EPS reporting season.
Analyst Report: Corteva Inc
Corteva Inc., the former agricultural business of DowDuPont, has two business segments: Seeds and Crop Protection. The Seeds segment provides advanced germplasm and seeds that help farmers optimize yields. The Crop Protection segment develops and markets herbicides.
RatingPrice TargetMarket Digest: AN, FE, GPN, MGM, OMC, REGN, CHTR, CTVA
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Analyst Report: Corteva, Inc.
Corteva is an agriculture pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop chemicals products. Seeds generate a little over half of profits with the remainder coming from crop protection chemicals. Although Corteva operates globally, around half of revenue comes from North America.
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