Corteva Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $49.5
- Today's High:
- $51.71
- Open Price:
- $50.04
- 52W Low:
- $49.5377
- 52W High:
- $67.9261
- Prev. Close:
- $49.81
- Volume:
- 6256740
Company Statistics
- Market Cap.:
- $39.95 billion
- Book Value:
- 36.021
- Revenue TTM:
- $17.74 billion
- Operating Margin TTM:
- 12.51%
- Gross Profit TTM:
- $7.03 billion
- Profit Margin:
- 6.64%
- Return on Assets TTM:
- 3.15%
- Return on Equity TTM:
- 4.81%
Company Profile
Corteva Inc had its IPO on 2019-05-24 under the ticker symbol CTVA.
The company operates in the Basic Materials sector and Agricultural Inputs industry. Corteva Inc has a staff strength of 21,000 employees.
Stock update
Shares of Corteva Inc opened at $50.04 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $49.5 - $51.71, and closed at $51.63.
This is a +3.65% increase from the previous day's closing price.
A total volume of 6,256,740 shares were traded at the close of the day’s session.
In the last one week, shares of Corteva Inc have increased by +1.02%.
Corteva Inc's Key Ratios
Corteva Inc has a market cap of $39.95 billion, indicating a price to book ratio of 1.8115 and a price to sales ratio of 2.5153.
In the last 12-months Corteva Inc’s revenue was $17.74 billion with a gross profit of $7.03 billion and an EBITDA of $3.42 billion. The EBITDA ratio measures Corteva Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Corteva Inc’s operating margin was 12.51% while its return on assets stood at 3.15% with a return of equity of 4.81%.
In Q1, Corteva Inc’s quarterly earnings growth was a positive 6.8% while revenue growth was a positive 6.2%.
Corteva Inc’s PE and PEG Ratio
- Forward PE
- 20.4082
- Trailing PE
- 32.8655
- PEG
- 1.3147
Its diluted EPS in the last 12-months stands at $1.71 per share while it has a forward price to earnings multiple of 20.4082 and a PEG multiple of 1.3147. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Corteva Inc’s profitability.
Corteva Inc stock is trading at a EV to sales ratio of 2.6618 and a EV to EBITDA ratio of 14.4071. Its price to sales ratio in the trailing 12-months stood at 2.5153.
Corteva Inc stock pays annual dividends of $0.6 per share, indicating a yield of 1.07% and a payout ratio of 21.13%.
Balance sheet and cash flow metrics
- Total Assets
- $45.50 billion
- Total Liabilities
- $13.23 billion
- Operating Cash Flow
- $-1511000000.00
- Capital Expenditure
- $151 million
- Dividend Payout Ratio
- 21.13%
Corteva Inc ended 2024 with $45.50 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $45.50 billion while shareholder equity stood at $25.60 billion.
Corteva Inc ended 2024 with $1.26 billion in deferred long-term liabilities, $13.23 billion in other current liabilities, 7000000.00 in common stock, $487.00 million in retained earnings and $10.51 billion in goodwill. Its cash balance stood at $1.65 billion and cash and short-term investments were $1.73 billion. The company’s total short-term debt was $3,787,000,000 while long-term debt stood at $1.24 billion.
Corteva Inc’s total current assets stands at $18.33 billion while long-term investments were $87.00 million and short-term investments were $85.00 million. Its net receivables were $8.68 billion compared to accounts payable of $3.96 billion and inventory worth $6.59 billion.
In 2024, Corteva Inc's operating cash flow was $-1511000000.00 while its capital expenditure stood at $151 million.
Comparatively, Corteva Inc paid $0.21 in dividends in 2024.
Other key metrics
- Current Trading Price
- $51.63
- 52-Week High
- $67.9261
- 52-Week Low
- $49.5377
- Analyst Target Price
- $72.18
Corteva Inc stock is currently trading at $51.63 per share. It touched a 52-week high of $67.9261 and a 52-week low of $67.9261. Analysts tracking the stock have a 12-month average target price of $72.18.
Its 50-day moving average was $53.16 and 200-day moving average was $58.12 The short ratio stood at 2.51 indicating a short percent outstanding of 0%.
Around 18.9% of the company’s stock are held by insiders while 8413.2% are held by institutions.
Frequently Asked Questions About Corteva Inc
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About
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.