Corteva (CTVA)
(Delayed Data from NYSE)
$57.16 USD
+0.18 (0.32%)
Updated May 3, 2024 03:59 PM ET
After-Market: $57.17 +0.01 (0.02%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth C Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
CTVA 57.16 +0.18(0.32%)
Will CTVA be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for CTVA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CTVA
Compared to Estimates, Corteva, Inc. (CTVA) Q1 Earnings: A Look at Key Metrics
Should You Invest in the VanEck Agribusiness ETF (MOO)?
CTVA: What are Zacks experts saying now?
Zacks Private Portfolio Services
Insights Into Corteva, Inc. (CTVA) Q1: Wall Street Projections for Key Metrics
Corteva, Inc. (CTVA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Wall Street Bulls Look Optimistic About Corteva, Inc. (CTVA): Should You Buy?
Other News for CTVA
9 out of 12 S&P500 materials stocks deliver EPS wins this week: Earnings Scorecard
Corteva price target raised by $2 at Oppenheimer, here's why
Corteva price target raised by $5 at Canaccord, here's why
Corteva price target raised by $1 at Wells Fargo, here's why
Analysts Have Conflicting Sentiments on These Materials Companies: Canfor (OtherCFPZF), Vulcan Materials (VMC) and Corteva (CTVA)