Corteva Inc (CTVA) EPS is poised to hit 0.25 next quarter: How Investors Can Make It Count the Most?

Corteva Inc (NYSE: CTVA) started the day on Thursday, with a price decrease of -5.02% at $58.64, before settling in for the price of $61.74 at the close. Taking a more long-term approach, CTVA posted a 52-week range of $43.22-$63.75.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 3.98%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.37%. This publicly-traded company’s shares outstanding now amounts to $701.26 million, simultaneously with a float of $691.14 million. The organization now has a market capitalization sitting at $40.59 billion. At the time of writing, stock’s 50-day Moving Average stood at $58.17, while the 200-day Moving Average is $55.17.

Corteva Inc (CTVA) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Agricultural Inputs Industry. Corteva Inc’s current insider ownership accounts for 0.16%, in contrast to 84.28% institutional ownership. According to the most recent insider trade that took place on May 14 ’24, this organization’s SVP, Gen Counsel and Secretary sold 39,736 shares at the rate of 57.41, making the entire transaction reach 2,281,244 in total value, affecting insider ownership by 126,628. Preceding that transaction, on May 09 ’24, Company’s insider sold 31,686 for 57.64, making the whole transaction’s value amount to 1,826,381. This particular insider is now the holder of 53,854 in total.

Corteva Inc (CTVA) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.01 per share during the current fiscal year.

Corteva Inc’s EPS decrease for this current 12-month fiscal period is -1.37% and is forecasted to reach 3.32 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 0.96. The Stock has managed to achieve an average true range (ATR) of 1.41. Alongside those numbers, its PE Ratio stands at $59.41, 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 2.44. Similarly, its price to free cash flow for trailing twelve months is now 23.25.

In the same vein, CTVA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.99, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 3.32 at the market close of one year from today.

Technical Analysis of Corteva Inc (CTVA)

If we take a close look at the recent performances of Corteva Inc (NYSE: CTVA), its last 5-days Average volume was 3.86 million that shows progress from its year to date volume of 3.26 million. During the previous 9 days, stock’s Stochastic %D was recorded 43.76% While, its Average True Range was 1.60.

Raw Stochastic average of Corteva Inc (CTVA) in the period of the previous 100 days is set at 62.01%, which indicates a major rise in contrast to 20.78% 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 27.03% that was higher than 22.26% volatility it exhibited in the past 100-days period.