Is Corteva Stock a Good Investment?
Corteva Investment Advice | CTVA |
- Examine Corteva's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Corteva's leadership team and their track record. Good management can help Corteva navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Fertilizers & Agricultural Chemicals space and any emerging trends that could impact Corteva's business and its evolving consumer preferences.
- Compare Corteva's performance and market position to its competitors. Analyze how Corteva is positioned in terms of product offerings, innovation, and market share.
- Check if Corteva pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Corteva's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Corteva stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Corteva is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Corteva Stock
Researching Corteva's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. Corteva has Price/Earnings To Growth (PEG) ratio of 1.19. The entity last dividend was issued on the 2nd of December 2024.
To determine if Corteva is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Corteva's research are outlined below:
| Corteva is unlikely to experience financial distress in the next 2 years | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| On 16th of December 2024 Corteva paid $ 0.17 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: S.E.E.D. Planning Group LLC Boosts Stock Holdings in Corteva, Inc. |
Corteva Quarterly Good Will |
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Corteva uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Corteva. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Corteva's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 31st of January 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 31st of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Corteva's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Corteva's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-02-02 | 2021-12-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2019-10-31 | 2019-09-30 | -0.46 | -0.39 | 0.07 | 15 | ||
2024-01-31 | 2023-12-31 | 0.06 | 0.15 | 0.09 | 150 | ||
2021-02-03 | 2020-12-31 | -0.05 | 0.04 | 0.09 | 180 | ||
2023-02-01 | 2022-12-31 | 0.05 | 0.16 | 0.11 | 220 | ||
2022-11-03 | 2022-09-30 | -0.23 | -0.12 | 0.11 | 47 | ||
2021-08-05 | 2021-06-30 | 1.26 | 1.4 | 0.14 | 11 | ||
2021-05-04 | 2021-03-31 | 0.65 | 0.79 | 0.14 | 21 |
Corteva Target Price Consensus
Corteva target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Corteva's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 23 | Strong Buy |
Most Corteva analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Corteva stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Corteva, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCorteva Target Price Projection
Corteva's current and average target prices are 62.32 and 66.36, respectively. The current price of Corteva is the price at which Corteva is currently trading. On the other hand, Corteva's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Corteva Target Price
Corteva Analyst Ratings
Corteva's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Corteva stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Corteva's financials, market performance, and future outlook by experienced professionals. Corteva's historical ratings below, therefore, can serve as a valuable tool for investors.Know Corteva's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Corteva is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Corteva backward and forwards among themselves. Corteva's institutional investor refers to the entity that pools money to purchase Corteva's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 11 M | Independent Franchise Partners Llp | 2024-09-30 | 10.9 M | Amvescap Plc. | 2024-09-30 | 10.8 M | Fmr Inc | 2024-09-30 | 10.7 M | Van Eck Associates Corporation | 2024-09-30 | 8.9 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 7.8 M | State Farm Mutual Automobile Ins Co | 2024-09-30 | 7.6 M | Bank Of America Corp | 2024-09-30 | 7.3 M | Wcm Investment Management | 2024-09-30 | 6.9 M | Vanguard Group Inc | 2024-09-30 | 78.5 M | Blackrock Inc | 2024-09-30 | 53.1 M |
Corteva's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 42.36 B.Market Cap |
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Corteva's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.06 | 0.03 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.03 | 0.03 |
Determining Corteva's profitability involves analyzing its financial statements and using various financial metrics to determine if Corteva is a good buy. For example, gross profit margin measures Corteva's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Corteva's profitability and make more informed investment decisions.
Please note, the presentation of Corteva's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Corteva's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Corteva's management manipulating its earnings.
Evaluate Corteva's management efficiency
Corteva has return on total asset (ROA) of 0.0261 % which means that it generated a profit of $0.0261 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.027 %, meaning that it created $0.027 on every $100 dollars invested by stockholders. Corteva's management efficiency ratios could be used to measure how well Corteva manages its routine affairs as well as how well it operates its assets and liabilities. At present, Corteva's Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.02, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Corteva's Non Currrent Assets Other are projected to decrease significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.03, whereas Total Assets are forecasted to decline to about 36.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 41.00 | 47.77 | |
| Tangible Book Value Per Share | 8.19 | 11.59 | |
| Enterprise Value Over EBITDA | 15.33 | 13.68 | |
| Price Book Value Ratio | 1.22 | 0.88 | |
| Enterprise Value Multiple | 15.33 | 13.68 | |
| Price Fair Value | 1.22 | 0.88 |
The leadership approach at Corteva's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Basic technical analysis of Corteva Stock
As of the 17th of January 2025, Corteva shows the Downside Deviation of 1.55, risk adjusted performance of 0.0738, and Mean Deviation of 1.21. Corteva technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Corteva's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Corteva insiders, such as employees or executives, is commonly permitted as long as it does not rely on Corteva's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Corteva insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Corteva's Outstanding Corporate Bonds
Corteva issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Corteva uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Corteva bonds can be classified according to their maturity, which is the date when Corteva has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| International Game Technology Corp BondUS460599AD57 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Corteva's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Corteva's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0738 | |||
| Market Risk Adjusted Performance | 0.5863 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.43 | |||
| Downside Deviation | 1.55 | |||
| Coefficient Of Variation | 1217.01 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.97 | |||
| Information Ratio | 0.0784 | |||
| Jensen Alpha | 0.1323 | |||
| Total Risk Alpha | 0.1387 | |||
| Sortino Ratio | 0.0872 | |||
| Treynor Ratio | 0.5763 | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.21 | |||
| Downside Variance | 2.4 | |||
| Semi Variance | 2.05 | |||
| Expected Short fall | (1.47) | |||
| Skewness | 0.1346 | |||
| Kurtosis | 1.9 |
| Risk Adjusted Performance | 0.0738 | |||
| Market Risk Adjusted Performance | 0.5863 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.43 | |||
| Downside Deviation | 1.55 | |||
| Coefficient Of Variation | 1217.01 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.97 | |||
| Information Ratio | 0.0784 | |||
| Jensen Alpha | 0.1323 | |||
| Total Risk Alpha | 0.1387 | |||
| Sortino Ratio | 0.0872 | |||
| Treynor Ratio | 0.5763 | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.21 | |||
| Downside Variance | 2.4 | |||
| Semi Variance | 2.05 | |||
| Expected Short fall | (1.47) | |||
| Skewness | 0.1346 | |||
| Kurtosis | 1.9 |
Consider Corteva's intraday indicators
Corteva intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Corteva stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 34853.54 | |||
| Daily Balance Of Power | 0.8313 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 62.02 | |||
| Day Typical Price | 62.12 | |||
| Price Action Indicator | 0.65 | |||
| Period Momentum Indicator | 0.69 |
Corteva Corporate Filings
F3 | 5th of December 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Corteva Stock media impact
Far too much social signal, news, headlines, and media speculation about Corteva that are available to investors today. That information is available publicly through Corteva media outlets and privately through word of mouth or via Corteva internal channels. However, regardless of the origin, that massive amount of Corteva data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Corteva news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Corteva relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Corteva's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Corteva alpha.
Corteva Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Corteva can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Corteva Maximum Pain Price Across March 21st 2025 Option Contracts
Corteva's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Corteva close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Corteva's options.
Corteva Corporate Management
| MBA BS | Executive Officer | Profile | |
| Brian Titus | Principal Accounting Officer, Vice President Controller | Profile | |
| Marcos Lutz | Independent Director | Profile | |
| Patrick Ward | Independent Director | Profile | |
| Cornel Fuerer | Senior Vice President General Counsel, Secretary | Profile | |
| Sid Gorham | CEO Platform | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corteva. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corteva. If investors know Corteva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corteva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.508 | Dividend Share 0.66 | Earnings Share 0.97 | Revenue Per Share | Quarterly Revenue Growth (0.10) |
The market value of Corteva is measured differently than its book value, which is the value of Corteva that is recorded on the company's balance sheet. Investors also form their own opinion of Corteva's value that differs from its market value or its book value, called intrinsic value, which is Corteva's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corteva's market value can be influenced by many factors that don't directly affect Corteva's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Corteva's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Corteva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corteva's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.