Corteva Inc [CTVA] stock prices are up 0.85% to $54.49 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CTVA shares have gain 1.81% over the last week, with a monthly amount glided 4.61%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Corteva Inc [NYSE: CTVA] stock has seen the most recent analyst activity on March 01, 2024, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $67. Previously, Loop Capital upgraded its rating to Buy on February 12, 2024, and elevated its price target to $65. On February 02, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $53 on the stock. Berenberg downgraded its rating to a Hold and decreased its price target to $52 on November 27, 2023. Barclays downgraded its rating to a Equal Weight and reduced its price target to $50 on November 14, 2023. Oppenheimer upgraded its rating to Outperform for this stock on October 20, 2023. In a note dated September 05, 2023, UBS upgraded an Buy rating on this stock and boosted its target price from $63 to $67.
The stock price of Corteva Inc [CTVA] has been fluctuating between $43.22 and $63.37 over the past year. Currently, Wall Street analysts expect the stock to reach $68.45 within the next 12 months. Corteva Inc [NYSE: CTVA] shares were valued at $54.49 at the most recent close of the market. An investor can expect a potential return of 25.62% based on the average CTVA price forecast.
Analyzing the CTVA fundamentals
The Corteva Inc [NYSE:CTVA] reported sales of 17.23B for trailing twelve months, representing a drop of -3.08%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.13 points at the first support level, and at 53.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.99, and for the 2nd resistance point, it is at 55.50.
Ratios To Look Out For
It’s worth pointing out that Corteva Inc [NYSE:CTVA]’s Current Ratio is 1.56. Also, the Quick Ratio is 0.90, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 1.53 and price to earnings (TTM) ratio is 53.49.
Transactions by insiders
Recent insider trading involved Eathington Samuel R, that happened on Nov 28 ’23 when 1094.0 shares were purchased. EVP, Seed Business Unit, GLENN TIMOTHY P completed a deal on Nov 14 ’23 to buy 4000.0 shares. Meanwhile, EVP, Crop Protection Business King Robert D. bought 640.0 shares on Nov 14 ’23.
