Corning Incorporated (GLW): Price and Financial Metrics
Corning Incorporated (GLW)
Today's Latest Price: $19.71 USD
Updated Apr 6 4:10pm
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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
- GLW has a higher market value than 91.17% of US stocks; more precisely, its current market capitalization is $15,287,837,885.
- GLW's went public 34.28 years ago, making it older than 92.66% of listed US stocks we're tracking.
- In terms of volatility of its share price, GLW is more volatile than only 24.8% of stocks we're observing.
- Stocks that are quantitatively similar to GLW, based on their financial statements, market capitalization, and price volatility, are FCAU, ZBRA, CMI, TEL, and JKHY.
- 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 More Charts
GLW Price/Volume Stats
| Current price | $19.71 | 52-week high | $35.34 |
| Prev. close | $17.91 | 52-week low | $17.44 |
| Day low | $18.35 | Volume | 10,710,081 |
| Day high | $19.84 | Avg. volume | 7,085,677 |
| 50-day MA | $24.29 | Dividend yield | 4.91% |
| 200-day MA | $28.32 | Market Cap | 15.03B |
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: |
| $19.71 | $0.1 | -99% |
Below please find a table outlining a discounted cash flow forecast for GLW, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Corning Inc ranked in the 3th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 99%. In terms of the factors that were most noteworthy in this DCF analysis for GLW, they are:
- The company's balance sheet shows it gets 64% of its capital from equity, and 36% of its capital from debt. Its equity weight surpasses that of just 19.55% of free cash flow generating stocks in the Technology sector.
- Its compound free cash flow growth rate, as measured over the past 5.56 years, is -0.44% -- higher than merely 2.83% of stocks in our DCF forecasting set.
- Corning Inc's weighted average cost of capital (WACC) is 6%; for context, that number is higher than just 14.21% of tickers in our DCF set.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -99% |
| 1% | -99% |
| 2% | -99% |
| 3% | -99% |
| 4% | -99% |
| 5% | -99% |
GSKY, PRTS, YGEHY, ZIXI, and AIRG 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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