Corteva Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 22 out of 69 in the Chemicals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 78.31.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Corteva Inc is 7.43, ranking 30 out of 69 in the Chemicals industry. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 2.62B, representing a year-over-year increase of 12.55%, while its net profit experienced a year-over-year increase of 38.93%.
Key Metrics
The current valuation score of Corteva Inc is 6.90, ranking 51 out of 69 in the Chemicals industry. Its current P/E ratio is 30.39, which is 137.81% below the recent high of 72.26 and 11.92% above the recent low of 26.76.
The current earnings forecast score of Corteva Inc is 7.92, ranking 23 out of 69 in the Chemicals industry. The average price target is 78.00, with a high of 86.00 and a low of 65.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Corteva Inc is 9.17, ranking 25 out of 69 in the Chemicals industry. Currently, the stock price is trading between the resistance level at 73.89 and the support level at 67.92, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Corteva Inc is 7.00, ranking 31 out of 69 in the Chemicals industry. The latest institutional shareholding proportion is 89.33%, representing a quarter-over-quarter decrease of 0.33%. The largest institutional shareholder is The Vanguard, holding a total of 79.91M shares, representing 11.82% of shares outstanding, with 1.45% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Chemicals domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Corteva Inc is 9.66, ranking 1 out of 69 in the Chemicals industry. The company's beta value is 0.75. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
