Corteva (NYSE:CTVA – Get Rating) is one of 32 public companies in the “Agricultural production – crops” industry, but how does it contrast to its peers? We will compare Corteva to related companies based on the strength of its risk, profitability, valuation, dividends, institutional ownership, analyst recommendations and earnings.
Earnings and Valuation
This table compares Corteva and its peers top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Corteva | $15.66 billion | $1.76 billion | 26.08 |
| Corteva Competitors | $1.62 billion | $90.75 million | 4.24 |
Corteva has higher revenue and earnings than its peers. Corteva is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Corteva has a beta of 0.68, meaning that its share price is 32% less volatile than the S&P 500. Comparatively, Corteva’s peers have a beta of -28.78, meaning that their average share price is 2,978% less volatile than the S&P 500.
Dividends
Corteva pays an annual dividend of $0.60 per share and has a dividend yield of 1.0%. Corteva pays out 25.3% of its earnings in the form of a dividend. As a group, “Agricultural production – crops” companies pay a dividend yield of 3.1% and pay out 45.5% of their earnings in the form of a dividend. Corteva has raised its dividend for 2 consecutive years.
Institutional & Insider Ownership
79.0% of Corteva shares are held by institutional investors. Comparatively, 31.8% of shares of all “Agricultural production – crops” companies are held by institutional investors. 0.1% of Corteva shares are held by insiders. Comparatively, 19.3% of shares of all “Agricultural production – crops” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a summary of current ratings for Corteva and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Corteva | 0 | 1 | 12 | 0 | 2.92 |
| Corteva Competitors | 34 | 127 | 416 | 23 | 2.71 |
Corteva currently has a consensus target price of $67.21, suggesting a potential upside of 8.73%. As a group, “Agricultural production – crops” companies have a potential upside of 164.66%. Given Corteva’s peers higher probable upside, analysts clearly believe Corteva has less favorable growth aspects than its peers.
Profitability
This table compares Corteva and its peers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Corteva | 10.31% | 7.26% | 4.46% |
| Corteva Competitors | -180.78% | -13.66% | -9.38% |
Summary
Corteva beats its peers on 11 of the 15 factors compared.
About Corteva
Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics. This segment also provides digital solutions that assist farmer decision-making with a view to optimize product selection, and maximize yield and profitability. The Crop Protection segment offers products that protect against weeds, insects and other pests, and diseases, as well as enhances crop health above and below ground through nitrogen management and seed-applied technologies. This segment provides herbicides, insecticides, nitrogen stabilizers, and pasture and range management herbicides. It serves agricultural input industry. The company operates in the United States, Canada, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. Corteva, Inc. was incorporated in 2018 and is headquartered in Indianapolis, Indiana.
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