Corteva Inc
General ticker "CTVA" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $41.9B
Corteva Inc follows the US Stock Market performance with the rate: 53.9%.
Estimated limits based on current volatility of 1.3%: low 56.27$, high 57.78$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-12-02, amount 0.17$ (Y1.18%)
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [36.53$, 58.65$]
- 2024-12-30 to 2025-12-30 estimated range: [35.16$, 57.18$]
Financial Metrics affecting the CTVA estimates:
- Positive: Non-GAAP EPS, $ of 2.68 > 2.29
- Positive: 1.03 < Operating profit margin, % of 6.51
- Positive: Interest expense per share, $ of 0.33 <= 0.74
- Negative: Industry inventory ratio change (median), % of 0.71 > 0.49
- Positive: 2.14 < Industry operating profit margin (median), % of 6.58
- Positive: -3.48 < Investing cash flow per share, $ of -2.80
Short-term CTVA quotes
Long-term CTVA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $17,003.00MM | $17,455.00MM | $17,226.00MM |
| Operating Expenses | $14,657.00MM | $15,587.00MM | $15,116.00MM |
| Operating Income | $2,346.00MM | $1,868.00MM | $2,110.00MM |
| Non-Operating Income | $0.00MM | $-442.00MM | $-1,017.00MM |
| Interest Expense | $30.00MM | $79.00MM | $233.00MM |
| R&D Expense | $1,187.00MM | $1,216.00MM | $1,337.00MM |
| Income(Loss) | $2,346.00MM | $1,426.00MM | $1,093.00MM |
| Taxes | $524.00MM | $210.00MM | $152.00MM |
| Other Income(Loss) | $-53.00MM | $-58.00MM | $-194.00MM |
| Profit(Loss) | $1,769.00MM | $1,158.00MM | $747.00MM |
| Stockholders Equity | $25,384.00MM | $25,302.00MM | $25,037.00MM |
| Inventory | $5,180.00MM | $6,811.00MM | $6,899.00MM |
| Assets | $42,344.00MM | $42,618.00MM | $42,996.00MM |
| Operating Cash Flow | $2,727.00MM | $872.00MM | $1,769.00MM |
| Capital expenditure | $573.00MM | $605.00MM | $595.00MM |
| Investing Cash Flow | $-362.00MM | $-632.00MM | $-1,987.00MM |
| Financing Cash Flow | $-1,266.00MM | $-1,180.00MM | $-99.00MM |
| Earnings Per Share* | $2.39 | $1.59 | $1.04 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.