Corteva Stock Earnings Per Share
| CTVA Stock | USD 55.18 0.02 0.04% |
Corteva fundamentals help investors to digest information that contributes to Corteva's financial success or failures. It also enables traders to predict the movement of Corteva Stock. The fundamental analysis module provides a way to measure Corteva's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Corteva stock.
Corteva | Earnings Per Share |
Corteva Company Earnings Per Share Analysis
Corteva's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Corteva Earnings Per Share | 1.30 X |
Most of Corteva's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Corteva is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Corteva Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Corteva is extremely important. It helps to project a fair market value of Corteva Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Corteva's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Corteva's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Corteva's interrelated accounts and indicators.
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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
Corteva Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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According to the company disclosure, Corteva has an Earnings Per Share of 1.3 times. This is 303.12% lower than that of the Chemicals sector and 16.07% higher than that of the Materials industry. The earnings per share for all United States stocks is 58.33% higher than that of the company.
Corteva Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Corteva's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Corteva could also be used in its relative valuation, which is a method of valuing Corteva by comparing valuation metrics of similar companies.Corteva is rated fourth in earnings per share category among related companies.
Corteva Fundamentals
| Return On Equity | 0.037 | ||||
| Return On Asset | 0.0293 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 38.91 B | ||||
| Shares Outstanding | 698.88 M | ||||
| Shares Owned By Insiders | 0.09 % | ||||
| Shares Owned By Institutions | 82.82 % | ||||
| Number Of Shares Shorted | 9.58 M | ||||
| Price To Earning | 29.88 X | ||||
| Price To Book | 1.50 X | ||||
| Price To Sales | 2.18 X | ||||
| Revenue | 17.23 B | ||||
| Gross Profit | 7.03 B | ||||
| EBITDA | 941 M | ||||
| Net Income | 941 M | ||||
| Cash And Equivalents | 2.66 B | ||||
| Cash Per Share | 3.69 X | ||||
| Total Debt | 2.49 B | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 1.88 X | ||||
| Book Value Per Share | 35.70 X | ||||
| Cash Flow From Operations | 1.77 B | ||||
| Short Ratio | 3.03 X | ||||
| Earnings Per Share | 1.30 X | ||||
| Price To Earnings To Growth | 2.35 X | ||||
| Target Price | 61.95 | ||||
| Number Of Employees | 22.5 K | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 38.28 B | ||||
| Total Asset | 43 B | ||||
| Retained Earnings | (41 M) | ||||
| Working Capital | 5.85 B | ||||
| Current Asset | 14.8 B | ||||
| Current Liabilities | 8.87 B | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 43 B | ||||
| Last Dividend Paid | 0.63 |
About Corteva Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Corteva's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corteva using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corteva based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Corteva
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corteva position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corteva will appreciate offsetting losses from the drop in the long position's value.Moving together with Corteva Stock
| 0.62 | CF | CF Industries Holdings Earnings Call This Week | PairCorr |
| 0.72 | CGA | China Green Agriculture | PairCorr |
| 0.62 | ICL | ICL Israel Chemicals Financial Report 8th of May 2024 | PairCorr |
Moving against Corteva Stock
| 0.81 | IVP | Inspire Veterinary | PairCorr |
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| 0.59 | BIOX | Bioceres Crop Solutions Financial Report 8th of May 2024 | PairCorr |
| 0.57 | NITO | N2OFF Inc Symbol Change | PairCorr |
| 0.55 | X | United States Steel Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Corteva could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corteva when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corteva - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corteva to buy it.
The correlation of Corteva is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corteva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corteva moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corteva can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Corteva Piotroski F Score and Corteva Altman Z Score analysis. For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Corteva Stock analysis
When running Corteva's price analysis, check to measure Corteva's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corteva is operating at the current time. Most of Corteva's value examination focuses on studying past and present price action to predict the probability of Corteva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corteva's price. Additionally, you may evaluate how the addition of Corteva to your portfolios can decrease your overall portfolio volatility.
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Is Corteva's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corteva. If investors know Corteva will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corteva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 0.63 | Earnings Share 1.3 | Revenue Per Share 24.296 | Quarterly Revenue Growth (0.03) |
The market value of Corteva is measured differently than its book value, which is the value of Corteva that is recorded on the company's balance sheet. Investors also form their own opinion of Corteva's value that differs from its market value or its book value, called intrinsic value, which is Corteva's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corteva's market value can be influenced by many factors that don't directly affect Corteva's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corteva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corteva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corteva's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.