Latest news with #Corteva
Yahoo
5 days ago
- Business
- Yahoo
Why FMC Stock Popped Today
The company announced the signing of a new deal with a major peer in its industry. This should boost visibility and sales of a crucial fungicide it developed. 10 stocks we like better than FMC › The announcement of a new partnership was the plant food growing FMC's (NYSE: FMC) stock price during Wednesday's trading session. The agricultural sciences company's shares advanced to close the day more than 5% higher, a percentage rate that trounced the essentially flat performance of the benchmark S&P 500 (SNPINDEX: ^GSPC). Just after market close on Tuesday, FMC announced that it has signed a "strategic agreement" with agribusiness peer Corteva Agriscience (NYSE: CTVA). According to FMC, the deal will bolster its fungicide technology in the domestic corn and soybean markets. FMC and Corteva have agreed to market fluindapyr, FMC's fungicide, to growers of those crops. FMC is to continue offering its Adastrio fungicide containing the chemical, while Corteva has committed to launching a fluindapyr-based product at the start of next year's growing season. According to FMC, American corn and soybean agriculture comprise around 95 million and 80 million planted acres, respectively, so together they form a considerable market. To capitalize on this, FMC quoted president Ronaldo Pereira as saying that it and Corteva are "providing more growers with access to the advanced tools they need to effectively combat costly and challenging diseases, helping them protect yield potential and maximize their return on investment." FMC did not provide the financial particulars of its new tie-up with Corteva, nor did it supply the finer details of the agreement. Despite that, it's clearly a win for the company, as this is a big partnership in the U.S. agriculture science space that could expand its customer base substantially. Investors were right to bid the stock up on the news. Before you buy stock in FMC, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and FMC wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why FMC Stock Popped Today was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Corteva (NYSE:CTVA) Partners With FMC To Expand Fluindapyr Fungicide In U.S. Markets
Corteva recently entered a partnership with FMC Corporation to expand the use of FMC's fluindapyr fungicide technology in key markets, potentially enhancing its competitive edge. Over the last quarter, Corteva's stock saw a 16% increase, influenced by strong Q1 earnings and the approval of a cash dividend. The company also maintained its earnings guidance, suggesting stability and resilience, alongside its ongoing share repurchase program. These factors likely added weight to the stock's performance, aligning with the general upward market trend of 13% over the past year. Be aware that Corteva is showing 1 risk in our investment analysis. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. The recent partnership between Corteva and FMC Corporation to expand fluindapyr fungicide technology usage could bolster Corteva's competitive standing by enhancing its product offerings. This development aligns with Corteva's ongoing efforts to grow its market share, particularly in key regions like Brazil. Such initiatives contribute to anticipated revenue growth driven by strong demand for advanced seed technologies. Despite potential currency and pricing pressures, the company's strategic focus on cost initiatives and productivity enhancements may support improved earnings outcomes. Analysts project steady growth, with revenue expected to rise 2.9% annually over three years, and a potential increase in profit margins. These forecasts may reflect the positive effect of this collaboration on Corteva's financial future. Over the past five years, Corteva's total shareholder return, inclusive of share price movements and dividends, reached 155.14%. In contrast, a one-year comparison shows Corteva outperforming the US market return of 11.9% and significantly exceeding the US Chemicals industry's negative return. This longer-term performance showcases Corteva's resilience and investor appeal, although current share price movements indicate a 0.019% discount to the consensus price target of $72.56. As revenue and earnings forecasts factor in potential partnership gains, Corteva's share price trajectory could more closely align with analyst expectations. The consensus target suggests a 9.7% upside from the current price of $62.45, and the company's commitment to share repurchases and improving operating free cash flow further supports potential future returns. Gain insights into Corteva's past trends and performance with our report on the company's historical track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:CTVA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-05-2025
- Business
- Yahoo
Corteva's (NYSE:CTVA) investors will be pleased with their impressive 168% return over the last five years
When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Corteva, Inc. (NYSE:CTVA) share price has soared 153% in the last half decade. Most would be very happy with that. It's also up 12% in about a month. But this could be related to good market conditions -- stocks in its market are up 5.3% in the last month. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Corteva achieved compound earnings per share (EPS) growth of 48% per year. This EPS growth is higher than the 20% average annual increase in the share price. So it seems the market isn't so enthusiastic about the stock these days. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We know that Corteva has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. In the case of Corteva, it has a TSR of 168% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return. We're pleased to report that Corteva shareholders have received a total shareholder return of 26% over one year. And that does include the dividend. That's better than the annualised return of 22% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand Corteva better, we need to consider many other factors. For example, we've discovered 1 warning sign for Corteva that you should be aware of before investing here. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.


Forbes
15-05-2025
- Business
- Forbes
This Dividend Grower Taps The Tariff ‘Sweet Spot'
3D illustration of a rubber stamp with the word tariff stamped on paper background. Concept of taxes ... More or duties on imported goods. The UK trade deal was apparently the tasty egg roll before the main course of lower Chinese tariffs. A delightful order for this dividend grower, ready to feast on the 'Peking duck' of trade agreements. China is one of the biggest buyers of US crops, importing tens of billions of dollars of American agriculture every year. Soybeans and corn meander from Midwest farms all the way across the Pacific to feed China's large (and growing) livestock industry. Higher US-China tariffs have weighed on US farmers' profitability—and in turn, on business for key ag suppliers like Corteva Agriscience (CTVA). So the 'trade truce' with China (announced Monday) is quite bullish for Corteva. Tariffs have dropped from an atmospheric 125% down to a manageable 10% on US exports to China, and from 145% to 30% on imports from China. This will lift farmers' bottom lines and Corteva, thanks to its strong domestic footprint, should flourish in this new 'Goldilocks' tariff zone—where tariffs protect US suppliers but don't restrict trade altogether. Corteva, spun out from DuPont de Nemours (DD) in 2019, comes at the ag biz from many angles. Corteva supplies farmers with products for pest and disease control, as well as seeds, livestock feed and nutrient maximizers, which help stabilize nitrogen levels in the soil. All these products boost crop yields—critical because cheap food prices are a focus for the administration. President Trump and Treasury Secretary Scott Bessent want lower oil ('drill baby, drill') and grain prices so that inflation remains subdued. Thus, a domestic manufacturer like Corteva is doubly important to their goal of keeping a lid on corn prices. Upcoming infrastructure investments in the US, especially upgrades to rails and ports to expedite grain exports, will reduce operational costs and help farmers' margins. They will have the cash to invest more in crop optimization—where Corteva excels. The company's digital platform, Granular, helps farmers optimize planting decisions, monitor crop health and maximize harvests. This 'digital agriculture' is sweeping the heartland, projected to grow 12% per year for the foreseeable future, driving Corteva profits. Each new digital customer, of course, pays Corteva a recurring fee, the standard for profitability and predictability. The company knows it sits in a 'sweet spot' of farm productivity and domestic investments. It's so confident of cash flow and future profits that the board recently announced a $1 billion share buyback program for 2025, an initiative that will take a fat 2.5% of its float off the market. Fewer shares outstanding will bolster Corteva's earnings, dividend coverage and, of course, the payout itself. Which will set the stage for more dividend hikes down the road because it's easier to raise with fewer shares to pay out on. Corteva's divvie growth over its short life has already been tasty. Management has delivered four straight dividend hikes, powering the dividend magnet. Its stock price (orange below) has tracked the payout (purple) higher—sometimes running ahead, sometimes behind, but always snapping back. This was the 'dividend magnet' view when we added CTVA to our Hidden Yields portfolio just four weeks ago: CTVA Dividend Magnet Corteva can keep those hikes coming, too. Its conservative 30% free cash flow payout ratio means plenty of runway for future increases. My only problem with Corteva here is that it's already up 15% since our HY recommendation. This annualizes to a terrific 297%! The dividend magnet acted quickly and snapped this share price above my 'buy up to' price of $65. Let's be patient—and see if we can buy this on a dip below $65. Brett Owens is Chief Investment Strategist for Contrarian Outlook. For more great income ideas, get your free copy his latest special report: How to Live off Huge Monthly Dividends (up to 8.7%) — Practically Forever. Disclosure: none
Yahoo
10-05-2025
- Business
- Yahoo
Why Corteva, Inc. (CTVA) is Among the Best Agriculture Stocks to Buy Right Now
We recently published a list of . In this article, we are going to take a look at where Corteva, Inc. (NYSE:CTVA) stands against other best agriculture stocks to buy now. On April 28, CNBC reported that while other US sectors are nearing what President Trump's Treasury secretary Scott Bessent calls 'an unsustainable tariff war', the American farming sector has started to bear the effects of the economic crisis, with the damage already done. American agricultural exporters believe that the global backlash to tariffs imposed by Trump is punishing them, especially through a decrease in Chinese purchasing of US products. This trend is resulting in canceled export orders and layoffs. Data from the US Department of Agriculture shows that China canceled its biggest pork orders since 2020, stopping the shipment of 12,000 tons of pork. CNBC reported that Peter Friedmann, executive director of the Agriculture Transportation Coalition (AgTC), a leading export trade group for farmers, opined that calling the number of canceled orders of US agricultural products could not be called 'approaching a crisis', as 'it is a full-blown crisis already.' AgTC also reported that its members are experiencing 'massive' financial losses because of the trade war, based on the reports sent by member companies. A wood pulp and paperboard reported to AgTC the hold or immediate cancellation of 6,400 metric tons in a warehouse. It said that 9,000 metric tons of the product are already on their way to China through water, with the estimated arrival time being May 13. Chinese buyers may refuse to accept these shipments and abandon them at the port, which is why the threat of costly diversion to Chinese or other bonded warehouses looms over the journey. READ ALSO: and 11 Most Promising Future Stocks According to Hedge Funds. China-to-US vessel traffic has also seen a steep decline. CNBC reported that according to the Vizion Global Ocean Bookings Tracker, the traffic is down 22.15% week-over-week and 44% year-over-year through April 14. Ben Tracy, Vizion's vice president of strategic business development, said the following about the situation: 'What we've seen in the last two weeks is a continued correction in booking demand for US imports, especially US imports from China. We are now seeing this translate to a drop in departures as well.' Agricultural exporters opined that no other global markets hold the potential to swiftly replace China's demand and absorb the volume. These trends are already affecting operations and prices. CNBC reported that a lumber exporter told AgTC that some products have already fallen 20% in market value, which will likely impact future investments and inventory planning. 'The U.S. market was stable and improving, but now awash with inventory of former China products,' it said. 'We have diverted employees and production to other (less profitable) production and dramatically slowed down purchasing from independent vendors (loggers, truckers, sawmills).' We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 agriculture stocks and chose the top 10 most popular stocks among hedge funds. We sourced the hedge fund sentiment data from Insider Monkey's database. The list is ordered in ascending order of the number of hedge funds as of fiscal Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A farmer in overalls, harvesting a golden cornfield with a tractor in the background. Corteva, Inc. (NYSE:CTVA) provides seed and crop protection solutions, focusing on the agriculture industry and food supply. Its operations are divided into the Seed and Crop Protection segments. The Seed segment develops and supplies advanced germplasm and traits, producing yield for farms. The Crop Protection segment manages the global agricultural input industry, offering products for insects, weeds, pests, and disease protection. In a report released on April 7, Laurence Alexander from Jefferies maintained a Buy rating on Corteva, Inc. (NYSE:CTVA) and set a price target of $72.00. The analyst based their favorable outlook on the stock's attractive risk/reward profile, which reflects potential upside supported by improvements in R&D efficiency and cyclical recovery. Corteva, Inc. (NYSE:CTVA) is also poised to benefit from an expansion in the total addressable market, driven by structural margin enhancements and regulatory changes. The analyst expects the company to continue its share buyback program and maintain a strong balance sheet, focusing on conservative cash management in the future. Overall, CTVA ranks 3rd on our list of best agriculture stocks to buy according to hedge funds. While we acknowledge the potential for CTVA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CTVA but trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data