Corteva Inc (NYSE: CTVA) kicked off on Friday, down -3.83% from the previous trading day, before settling in for the closing price of $57.41. Over the past 52 weeks, CTVA has traded in a range of $43.89-$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
Annual sales at Basic Materials sector company grew by 3.98% over the past five years. While this was happening, its average annual earnings per share was recorded -4.60%. With a float of $686.18 million, this company’s outstanding shares have now reached $701.26 million.
Let’s look at the performance matrix of the company that is accounted for 22500 employees. In terms of profitability, gross margin is 41.71%, operating margin of 11.8%, and the pretax margin is 5.19%.
Corteva Inc (CTVA) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Agricultural Inputs Industry. The insider ownership of Corteva Inc is 0.16%, while institutional ownership is 85.92%. The most recent insider transaction that took place on May 14 ’24, was worth 2,281,244. In this transaction SVP, Gen Counsel and Secretary of this company sold 39,736 shares at a rate of $57.41, taking the stock ownership to the 126,628 shares. Before that another transaction happened on May 09 ’24, when Company’s See Remarks sold 31,686 for $57.64, making the entire transaction worth $1,826,381. This insider now owns 53,854 shares in total.
Corteva Inc (CTVA) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.15 earnings per share (EPS), higher than consensus estimate (set at 0.06) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.97 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.60% per share during the next fiscal year.
Corteva Inc (NYSE: CTVA) Trading Performance Indicators
Take a look at Corteva Inc’s (CTVA) current performance indicators. Last quarter, stock had a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19. Likewise, its price to free cash flow for the trailing twelve months is 20.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 3.23 in one year’s time.
Technical Analysis of Corteva Inc (CTVA)
Corteva Inc (NYSE: CTVA) saw its 5-day average volume 3.22 million, a negative change from its year-to-date volume of 3.27 million. As of the previous 9 days, the stock’s Stochastic %D was 5.40%. Additionally, its Average True Range was 1.38.
During the past 100 days, Corteva Inc’s (CTVA) raw stochastic average was set at 36.51%, which indicates a significant increase from 0.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.33% in the past 14 days, which was higher than the 23.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.34, while its 200-day Moving Average is $55.48. Nevertheless, the first resistance level for the watch stands at $56.72 in the near term. At $58.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $59.00. If the price goes on to break the first support level at $54.44, it is likely to go to the next support level at $53.67. Assuming the price breaks the second support level, the third support level stands at $52.16.
Corteva Inc (NYSE: CTVA) Key Stats
The company with the Market Capitalisation of 36.49 billion has total of 687,293K Shares Outstanding. Its annual sales at the moment are 17,226 M in contrast with the sum of 735,000 K annual income. Company’s last quarter sales were recorded 2,326 M and last quarter income was -524,000 K.
