Corning Inc. (GLW): Price and Financial Metrics
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GLW POWR Grades
- Quality is the dimension where GLW ranks best; there it ranks ahead of 84.53% of US stocks.
- GLW's strongest trending metric is Growth; it's been moving down over the last 179 days.
- GLW's current lowest rank is in the Growth metric (where it is better than 14.37% of US stocks).
GLW Stock Summary
- GLW has a market capitalization of $28,004,814,659 -- more than approximately 92.05% of US stocks.
- GLW's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 259.41 -- higher than 90.53% of US-listed equities with positive expected earnings growth.
- GLW's went public 36.94 years ago, making it older than 93.49% of listed US stocks we're tracking.
- If you're looking for stocks that are quantitatively similar to CORNING INC, a group of peers worth examining would be KEYS, JKHY, DOX, NATI, and TEL.
- GLW's SEC filings can be seen here. And to visit CORNING INC's official web site, go to www.corning.com.
GLW Valuation Summary
- In comparison to the median Technology stock, GLW's price/sales ratio is 20% lower, now standing at 2.
- Over the past 243 months, GLW's price/sales ratio has gone up 0.7.
Below are key valuation metrics over time for GLW.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| GLW | 2022-11-18 | 2.0 | 2.5 | 15.6 | 13.0 |
| GLW | 2022-11-17 | 1.9 | 2.5 | 15.3 | 12.8 |
| GLW | 2022-11-16 | 2.0 | 2.5 | 15.4 | 12.9 |
| GLW | 2022-11-15 | 2.0 | 2.6 | 15.8 | 13.2 |
| GLW | 2022-11-14 | 2.0 | 2.5 | 15.6 | 13.0 |
| GLW | 2022-11-11 | 2.0 | 2.6 | 15.8 | 13.2 |
GLW Growth Metrics
- Its 5 year price growth rate is now at -22.61%.
- The 2 year cash and equivalents growth rate now stands at -0.44%.
- The 4 year net cashflow from operations growth rate now stands at -8.45%.
The table below shows GLW's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 14,459 | 3,021 | 1,839 |
| 2022-06-30 | 14,586 | 3,210 | 2,002 |
| 2022-03-31 | 14,472 | 3,223 | 1,085 |
| 2021-12-31 | 14,082 | 3,412 | 1,079 |
| 2021-09-30 | 13,756 | 3,163 | 868 |
| 2021-06-30 | 13,142 | 2,876 | 924 |
GLW's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- GLW has a Quality Grade of C, ranking ahead of 74.6% of graded US stocks.
- GLW's asset turnover comes in at 0.457 -- ranking 36th of 40 Steel Works Etc stocks.
- CENX, TWI, and AA are the stocks whose asset turnover ratios are most correlated with GLW.
The table below shows GLW's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-30 | 0.457 | 0.364 | 0.090 |
| 2021-06-30 | 0.434 | 0.356 | 0.087 |
| 2021-03-31 | 0.411 | 0.338 | 0.066 |
| 2020-12-31 | 0.388 | 0.312 | 0.032 |
| 2020-09-30 | 0.376 | 0.295 | 0.021 |
| 2020-06-30 | 0.384 | 0.298 | 0.019 |
GLW Price Target
For more insight on analysts targets of GLW, see our GLW price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $48.45 | Average Broker Recommendation | 1.46 (Moderate Buy) |
GLW Stock Price Chart Interactive Chart >
GLW Price/Volume Stats
| Current price | $34.24 | 52-week high | $43.47 |
| Prev. close | $34.13 | 52-week low | $28.98 |
| Day low | $34.12 | Volume | 4,394,300 |
| Day high | $34.74 | Avg. volume | 4,964,882 |
| 50-day MA | $32.00 | Dividend yield | 3.16% |
| 200-day MA | $34.47 | Market Cap | 28.96B |
Corning Inc. (GLW) Company Bio
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989. Corning divested its consumer product lines (including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bakeware) in 1998 by selling the Corning Consumer Products Company subsidiary (now known as Corelle Brands) to Borden, but still holds an interest of about 8 percent. (Source:Wikipedia)
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.
Is Corning Incorporated (NYSE:GLW) Trading At A 22% Discount?Does the November share price for Corning Incorporated ( NYSE:GLW ) reflect what it's really worth? Today, we will... |
If You Invested $1000 In This Stock 20 Years Ago, You Would Have $8,000 TodayCorning (NYSE: GLW ) has outperformed the market over the past 20 years by 3.93% on an annualized basis producing an average annual return of 11.48%. Currently, Corning has a market capitalization of $27.89 billion. Buying $1000 In GLW: If an … Full story available on Benzinga.com |
Corning Incorporated (NYSE:GLW) Is About To Go Ex-Dividend, And It Pays A 3.1% YieldReaders hoping to buy Corning Incorporated ( NYSE:GLW ) for its dividend will need to make their move shortly, as the... |
iPhone 14’s Emergency SOS via satellite feature is coming later this monthImage: Apple Apple’s new Emergency SOS via satellite feature for its iPhone 14 and iPhone 14 Pro models is arriving later this month . iPhone 14 and 14 Pro owners in the US and Canada will be able to start using satellite connectivity to help relay messages and location info to emergency services when they’re out of cell range. The service will be free for the first two years for new iPhone 14 and 14 Pro owners, and it will rely on the phone’s antennas to connect to satellite frequencies. During its initial announcement of the service, Apple said it can take less than 15 seconds to send a message with a clear view of the sky. You can also use the Find My app to share your location with friends and family. Image: Apple Globalstar will power Apple’s new Emergency SOS via satellite feature... |
Corning Incorporated (NYSE: GLW) Is Up 1.21% – Is It Capable Of A Rally?Corning Incorporated (NYSE:GLW) traded at $32.56 at close of the session on Tuesday, 11/01/22, made an upward move of 1.21% on its previous day’s price. Looking at the stock we see that its previous close was $32.17 and the beta (5Y monthly) reads 0.95 with the day’s price range being $31.97 – $32.67. The company … Corning Incorporated (NYSE: GLW) Is Up 1.21% – Is It Capable Of A Rally? Read More » |
GLW Price Returns
| 1-mo | 8.72% |
| 3-mo | 4.13% |
| 6-mo | -2.92% |
| 1-year | -5.95% |
| 3-year | 33.04% |
| 5-year | 23.17% |
| YTD | -5.20% |
| 2021 | 5.92% |
| 2020 | 27.57% |
| 2019 | -1.02% |
| 2018 | -3.28% |
| 2017 | 34.63% |
GLW Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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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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