Professional
Added to YB: 2024-02-27
Pitch date: 2024-02-26
CTVA [bullish]
Corteva, Inc.
+47%
current return
Author Info
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Company Info
Corteva, Inc. operates in the agriculture business. The company operates through two segments, Seed and Crop Protection.
Market Cap
$54.2B
Pitch Price
$53.77
Price Target
N/A
Dividend
0.89%
EV/EBITDA
12.80
P/E
44.09
EV/Sales
3.12
Sector
Chemicals
Category
turnaround
Show full summary:
Aristotle Capital Value Equity Portfolio Holding - Corteva, Inc.
CTVA: Crop protection headwinds, Brazil destocking drove Q3 miss, FY23 guide cut -2% rev/-3% profit. Seeds +14% price/mix, -12% vol. Proactive mgmt, strong FCF generation through downturn. Focus on margin expansion via pricing, mix, lower royalties despite challenges.
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