Corning Incorporated (GLW): Price and Financial Metrics
Corning Incorporated (GLW)
Today's Latest Price: $32.15 USD
Updated Aug 10 7:00pm
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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 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 Price | DCF 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 Flow | Return 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.
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