Why Investors Need To Watch Corteva, Inc. (CTVA)?


Corteva, Inc. (NYSE:CTVA) went up by 3.12% from its latest closing price when compared to the 1-year high value of $32.08 and move down -8.97%, while CTVA stocks collected 2.76% of gains with the last five trading sessions. Press Release reported on 08/31/20 that AMVAC and Corteva Collaborate on SIMPAS Prescription Application Technology

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Corteva, Inc. (NYSE:CTVA) Worth an Investment?

Corteva, Inc. (NYSE: CTVA) scored price to earnings ratio above its average ratio, recording 47.26 times of increase in earnings at the present.

CTVA Market Performance

CTVA stocks went up by 2.76% for the week, with the monthly jump of 3.23% and a quarterly performance of 3.30%, while its annual performance rate touched 4.29%. The simple moving average for the period of the last 20 days is 5.69% for CTVA stocks with the simple moving average of 9.21% for the last 200 days.

Analysts’ Opinion on Corteva, Inc. (NYSE:CTVA)

Many brokerage firms have already submitted their reports for CTVA stocks, with KeyBanc Capital Markets repeating the rating for CTVA shares by setting it to “Overweight”. The predicted price for CTVA socks in the upcoming period according to KeyBanc Capital Markets is $31 based on the research report published on August 11, 2020.

BofA Securities, on the other hand, stated in their research note that they expect to see CTVA stock at the price of $28. The rating they have provided for CTVA stocks is “Neutral” according to the report published on August 10, 2020.

BofA Securities gave “ Buy” rating to CTVA stocks, setting the target price at $28 in the report published on July 13, 2020.

CTVA Stocks 6.50% Far from 50 Day Moving Average

After a stumble in the market that brought CTVA to its low price for the period of the last 52 weeks, Corteva, Inc. was unable to take a rebound, for now settling with -8.23% of loss for the given period.

The stock volatility was left at 3.17%, however, within the period of a single month, the volatility rate increased by 2.70%, while the shares surge at the distance of +2.54% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +6.74% upper at the present time.

In the course of the last 5 trading sessions, CTVA went up by +2.76%, which changed the moving average for the period of 200 days to the total of +11.60% of gains for the stock in comparison to the 20-day moving average settled at $27.89. In addition, Corteva, Inc. saw -0.41% in overturn over the period of a single year with a tendency to cut further losses.

CTVA Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Corteva, Inc. (CTVA), starting from PAGE GREGORY R, who bought 5,000 shares at the price of $25.30 back on Aug 10. After this action, Rushing now owns 35,758 shares of Corteva, Inc., valued at $126,500 with the latest closing price.

GAJARIA RAJAN, the EVP, Business Platforms of Corteva, Inc., bought 2,010 shares at the value of $25.20 during a trade that took place back on Aug 10, which means that GAJARIA RAJAN is holding 60,462 shares at the value of $50,652 based on the most recent closing price.

CTVA Stock Fundamentals

The current profitability levels are settled at +4.25 for the present operating margin and +34.67 for gross margin. The net margin for Corteva, Inc. stands at -2.08. Total capital return value is set at 1.14, while invested capital returns managed to touch -0.57. Equity return holds the value 2.10%, with 1.20% for asset returns.

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Based on Corteva, Inc. (CTVA), the company’s capital structure generated 2.83 points for debt to equity in total, while total debt to capital is set at the value of 2.75. Total debt to assets is settled at the value of 1.62 with long-term debt to equity ratio rests at 4.32 and long-term debt to capital is 2.23.

The value for Enterprise to Sales is 1.51 with debt to enterprise value settled at 0.03. The receivables turnover for Corteva, Inc. is 2.49 with the total asset turnover at the value of 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.


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