Corning Incorporated (GLW): Price and Financial Metrics


Corning Incorporated (GLW)

Today's Latest Price: $32.15 USD

0.30 (0.94%)

Updated Aug 10 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 38 in Industrial - Manufacturing

See all "A" rated Strong Buy stocks

GLW Stock Summary

  • With a market capitalization of $24,262,575,474, Corning Inc has a greater market value than 92.02% of US stocks.
  • GLW's went public 34.62 years ago, making it older than 92.86% of listed US stocks we're tracking.
  • With a price/earnings ratio of 120.11, Corning Inc P/E ratio is greater than that of about 93.39% of stocks in our set with positive earnings.
  • If you're looking for stocks that are quantitatively similar to Corning Inc, a group of peers worth examining would be THRM, ITRI, ALTR, GILT, and XERS.
  • Visit GLW's SEC page to see the company's official filings. To visit the company's web site, go to www.corning.com.
GLW Daily Price Range
GLW 52-Week Price Range

GLW Stock Price Chart Technical Analysis Charts


GLW Price/Volume Stats

Current price $32.15 52-week high $32.25
Prev. close $31.85 52-week low $17.44
Day low $31.76 Volume 5,447,855
Day high $32.25 Avg. volume 6,317,571
50-day MA $27.86 Dividend yield 2.76%
200-day MA $26.15 Market Cap 24.49B

Corning Incorporated (GLW) Company Bio


Corning manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The company was founded in 1851 and is based in Corning, New York.

GLW Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$32.15$4.25 -87%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Corning Inc. To summarize, we found that Corning Inc ranked in the 14th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Corning Inc, consider:

  • The company's balance sheet shows it gets 76% of its capital from equity, and 24% of its capital from debt. Notably, its equity weight is greater than merely 23.98% of US equities in the Technology sector yielding a positive free cash flow.
  • The company's compound free cash flow growth rate over the past 5.76 years comes in at -0.2%; that's greater than only 8.62% of US stocks we're applying DCF forecasting to.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-87%
1%-87%
2%-87%
3%-87%
4%-86%
5%-86%

EPAY, TACT, CLRO, IEC, and FEYE can be thought of as valuation peers to GLW, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.





GLW Latest News Stream


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Latest GLW News From Around the Web

Below are the latest news stories about Corning Inc that investors may wish to consider to help them evaluate GLW as an investment opportunity.

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Andrew Sather on Seeking Alpha | July 30, 2020

How Many Corning Incorporated (NYSE:GLW) Shares Do Institutions Own?

If you want to know who really controls Corning Incorporated (NYSE:GLW), then you'll have to look at the makeup of its...

Yahoo | July 29, 2020

Corning (GLW) Q2 2020 Earnings Call Transcript

GLW earnings call for the period ending June 30, 2020.

Yahoo | July 29, 2020

Corning Incorporated 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Corning Incorporated in conjunction with their 2020 Q2 earnings call....

SA Transcripts on Seeking Alpha | July 28, 2020

Corning unveils next-generation Gorilla Glass - Victus

Corning claims that the scratch resistance of Gorilla Glass Victus is up to 4X better than competitive aluminosilicate glasses

Business Today | July 24, 2020

Read More 'GLW' Stories Here

GLW Price Returns

1-mo 20.55%
3-mo 59.02%
6-mo 13.53%
1-year 17.43%
3-year 20.08%
5-year 104.00%
YTD 12.47%
2019 -1.02%
2018 -3.28%
2017 34.63%
2016 36.23%
2015 -18.32%

GLW Dividends

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Continue Researching GLW

Want to see what other sources are saying about Corning Inc's financials and stock price? Try the links below:

Corning Inc (GLW) Stock Price | Nasdaq
Corning Inc (GLW) Stock Quote, History and News - Yahoo Finance
Corning Inc (GLW) Stock Price and Basic Information | MarketWatch


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