Corteva Stock Today

CTVA Stock  USD 61.23  0.47  0.77%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Corteva is trading at 61.23 as of the 24th of November 2024, a 0.77 percent increase since the beginning of the trading day. The stock's open price was 60.76. Corteva has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on November 15, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Corteva's common stock.
Business Domain
Materials
IPO Date
24th of May 2019
Category
Basic Materials
The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana. Corteva operates under Agricultural Inputs classification in the United States and is traded on New York Stock Exchange. The company has 687.29 M outstanding shares of which 10.16 M shares are currently shorted by private and institutional investors with about 3.87 trading days to cover. More on Corteva

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Corteva Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOCharles Magro
Thematic IdeaAgriculture (View all Themes)
Business ConcentrationFertilizers & Agricultural Chemicals, Agricultural Inputs, Basic Materials, NYSE Composite, SP 500 Index, Agriculture, Materials, Chemicals, Agricultural Inputs, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.260.4006
Way Down
Slightly volatile
Gross Profit Margin0.320.4241
Way Down
Slightly volatile
Non Current Liabilities Total6.5 B7.3 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities1.3 B1.8 B
Way Down
Slightly volatile
Debt Levels
Corteva can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Corteva's financial leverage. It provides some insight into what part of Corteva's total assets is financed by creditors.
Liquidity
Corteva currently holds 2.49 B in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Corteva has a current ratio of 1.84, which is within standard range for the sector. Note, when we think about Corteva's use of debt, we should always consider it together with its cash and equity.

Sale Purchase Of Stock

(793.8 Million)
Corteva (CTVA) is traded on New York Stock Exchange in USA. It is located in 9330 Zionsville Road, Indianapolis, IN, United States, 46268 and employs 22,500 people. Corteva is listed under Fertilizers & Agricultural Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 42.08 B. Corteva conducts business under Chemicals sector and is part of Materials industry. The entity has 687.29 M outstanding shares of which 10.16 M shares are currently shorted by private and institutional investors with about 3.87 trading days to cover. Corteva currently holds about 2.66 B in cash with 1.77 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.69.
Check Corteva Probability Of Bankruptcy
Ownership Allocation
Corteva holds a total of 687.29 Million outstanding shares. The majority of Corteva outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Corteva to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Corteva. Please pay attention to any change in the institutional holdings of Corteva as this could imply that something significant has changed or is about to change at the company. On November 15, 2024, Senator Tommy Tuberville of US Senate acquired under $15k worth of Corteva's common stock.
Check Corteva Ownership Details

Corteva Stock Institutional Holders

InstituionRecorded OnShares
Hhg Plc2024-06-30
11.5 M
Northern Trust Corp2024-09-30
11 M
Independent Franchise Partners Llp2024-09-30
10.9 M
Fmr Inc2024-09-30
10.7 M
Amvescap Plc.2024-06-30
10 M
Van Eck Associates Corporation2024-06-30
8.7 M
State Farm Mutual Automobile Ins Co2024-09-30
7.6 M
Bank Of America Corp2024-06-30
7.6 M
Wcm Investment Management2024-09-30
6.9 M
Vanguard Group Inc2024-09-30
78.5 M
Blackrock Inc2024-06-30
53.7 M
View Corteva Diagnostics

Corteva Historical Income Statement

At present, Corteva's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 244.7 M, whereas Net Interest Income is forecasted to decline to (5.2 M). View More Fundamentals

Corteva Stock Against Markets

Corteva Corporate Management

MBA BSExecutive OfficerProfile
Brian TitusPrincipal Accounting Officer, Vice President ControllerProfile
Marcos LutzIndependent DirectorProfile
Patrick WardIndependent DirectorProfile
Cornel FuererSenior Vice President General Counsel, SecretaryProfile
Sid GorhamCEO PlatformProfile
When determining whether Corteva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Corteva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Corteva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Corteva Stock:
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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
0.96
Revenue Per Share
23.841
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.
Please note, there is a significant difference between Corteva's value and its price as these two are different measures arrived at by different 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.