As on Thursday, Corteva Inc (NYSE: CTVA) started slowly as it slid -1.22% to $56.46, before settling in for the price of $57.16 at the close. Taking a more long-term approach, CTVA posted a 52-week range of $43.22-$63.37.
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The Basic Materials Sector giants’ yearly sales growth during the last 5-year period was 3.98%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.54%. This publicly-traded company’s shares outstanding now amounts to $701.26 million, simultaneously with a float of $686.69 million. The organization now has a market capitalization sitting at $38.83 billion. At the time of writing, stock’s 50-day Moving Average stood at $54.87, while the 200-day Moving Average is $51.18.
Corteva Inc (CTVA) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Agricultural Inputs industry. Corteva Inc’s current insider ownership accounts for 0.16%, in contrast to 83.91% institutional ownership. According to the most recent insider trade that took place on Nov 28 ’23, this organization’s insider bought 1,094 shares at the rate of 46.07, making the entire transaction reach 50,401 in total value, affecting insider ownership by 41,066. Preceding that transaction, on Nov 14 ’23, Company’s EVP, Seed Business Unit bought 4,000 for 45.99, making the whole transaction’s value amount to 183,944. This particular insider is now the holder of 163,121 in total.
Corteva Inc (CTVA) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.06) by $0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.79 per share during the current fiscal year.
Corteva Inc’s EPS increase for this current 12-month fiscal period is 5.54% and is forecasted to reach 3.45 in the upcoming year.
Corteva Inc (NYSE: CTVA) Trading Performance Indicators
Let’s observe the current performance indicators for Corteva Inc (CTVA). It’s Quick Ratio in the last reported quarter now stands at 0.90. The Stock has managed to achieve an average true range (ATR) of 0.95. Alongside those numbers, its PE Ratio stands at $55.42, and its Beta score is 0.78. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.25. Similarly, its price to free cash flow for trailing twelve months is now 33.08.
In the same vein, CTVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.02, a figure that is expected to reach 0.86 in the next quarter, and analysts are predicting that it will be 3.45 at the market close of one year from today.
Technical Analysis of Corteva Inc (CTVA)
Through scrutinizing the latest numbers posted by the [Corteva Inc, CTVA], it can be observed that its last 5-days Average volume of 2.39 million was lower the volume of 3.7 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 44.39% While, its Average True Range was 0.95.
Raw Stochastic average of Corteva Inc (CTVA) in the period of the previous 100 days is set at 87.96%, which indicates a major rise in contrast to 46.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.57% that was lower than 33.49% volatility it exhibited in the past 100-days period.
