Corteva Inc (NYSE: CTVA) is 8.11% higher on its value in year-to-date trading and has touched a low of $50.01 and a high of $66.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CTVA stock was last observed hovering at around $61.58 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $61.58, the stock is 0.29% and -0.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.44 million and changing 0.00% at the moment leaves the stock 6.66% off its SMA200. CTVA registered 11.56% gain for a year compared to 6-month gain of 8.74%. The firm has a 50-day simple moving average (SMA 50) of $61.8824 and a 200-day simple moving average (SMA200) of $57.73225.
The stock witnessed a -3.72% loss in the last 1 month and extending the period to 3 months gives it a 3.84%, and is 2.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.34% over the week and 2.15% over the month.
Corteva Inc (CTVA) has around 22000 employees, a market worth around $42.22B and $16.91B in sales. Current P/E ratio is 47.86 and Fwd P/E is 17.71. Profit margin for the company is 5.36%. Distance from 52-week low is 23.14% and -7.04% from its 52-week high. The company has generated returns on investments over the last 12 months (3.48%).
with sales reaching $4.55B over the same period.The EPS is expected to grow by 14.13% this year, but quarterly earnings will post 2.25% year-over-year. Quarterly sales are estimated to grow 1.33% in year-over-year returns.
Corteva Inc (CTVA) Top Institutional Holders
1675.0 institutions hold shares in Corteva Inc (CTVA), with institutional investors hold 88.04% of the company’s shares. The shares outstanding are 685.60M, and float is at 684.25M with Short Float at 1.56%. Institutions hold 87.94% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 78.39 million shares valued at $4.23 billion. The investor’s holdings represent 11.1928% of the CTVA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 53.66 million shares valued at $2.89 billion to account for 7.6611 of the shares outstanding. The other top investors are STATE STREET CORP which holds 33.52 million shares representing 4.817% and valued at over $1.81 billion, while ARISTOTLE CAPITAL MANAGEMENT, LLC holds 3.4626 of the shares totaling 24.1 million with a market value of $1.3 billion.
Corteva Inc (CTVA) Insider Activity
The most recent transaction is an insider sale by TITUS BRIAN. SEC filings show that TITUS BRIAN sold 26,560 shares of the company’s common stock on Feb 20 ’25 at a price of $63.74 per share for a total of $1.69 million. Following the sale, the insider now owns 11347.0 shares.
Corteva Inc disclosed in a document filed with the SEC on Feb 19 ’25 that Magro Charles V. (Chief Executive Officer) sold a total of 46,905 shares of the company’s common stock. The trade occurred on Feb 19 ’25 and was made at $63.82 per share for $2.99 million. Following the transaction, the insider now directly holds 0.23 million shares of the CTVA stock.
Still, SEC filings show that on Feb 20 ’25, TITUS BRIAN (Officer) Proposed Sale 26,560 shares at an average price of $63.60 for $1.69 million. The insider now directly holds shares of Corteva Inc (CTVA).
