Financhill
Sell
44

GLW Quote, Financials, Valuation and Earnings

Last price:
$42.48
Seasonality move :
4%
Day range:
$44.50 - $46.93
52-week range:
$30.72 - $55.33
Dividend yield:
2.41%
P/E ratio:
80.24x
P/S ratio:
3.06x
P/B ratio:
3.73x
Volume:
4.7M
Avg. volume:
6.5M
1-year change:
43.16%
Market cap:
$39.9B
Revenue:
$13.1B
EPS (TTM):
$0.58

Analysts' Opinion

  • Consensus Rating
    Corning has received a consensus rating of Buy. The company's average rating is a Buy based on 8 Buy ratings, 5 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $55.46, Corning has an estimated upside of 19.16% from its current price of $46.54.
  • Price Target Downside
    According to analysts, the lowest downside price target is $43.92 representing 100% downside risk from its current price of $46.54.

Fair Value

  • According to the consensus of 13 analysts, Corning has 19.16% upside to fair value with a price target of $55.46 per share.

GLW vs. S&P 500

  • Over the past 5 trading days, Corning has underperformed the S&P 500 by -2.76% suggesting its relative strength compared to the major market average is weak at this time.

Share Buyback

  • Corning does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Corning has grown year-over-year revenues for 3 quarters straight. In the most recent quarter Corning reported revenues of $3.5B.

Earnings Growth

  • Corning earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Corning reported earnings per share of $0.36.
Enterprise value:
45.7B
EV / Invested capital:
--
Price / LTM sales:
3.06x
EV / EBIT:
40.01x
EV / Revenue:
3.48x
PEG ratio (5yr expected):
--
EV / Free cash flow:
46.91x
Price / Operating cash flow:
41.24x
Enterprise value / EBITDA:
18.34x
Gross Profit (TTM):
$4.3B
Return On Assets:
1.82%
Net Income Margin (TTM):
3.86%
Return On Equity:
4.45%
Return On Invested Capital:
2.7%
Operating Margin:
11.23%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $14.2B $12.6B $13.1B $3B $3.5B
Gross Profit $4.5B $3.9B $4.3B $911M $1.2B
Operating Income $1.4B $890M $1.1B $78M $393M
EBITDA $3.5B $2.5B $2.5B $397M $851M
Diluted EPS $1.54 $0.67 $0.58 -$0.05 $0.36
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $8B $7.7B $7.5B $7.2B $8B
Total Assets $30.8B $30.2B $29.5B $28.5B $27.7B
Current Liabilities $3.8B $4.8B $5.2B $4.3B $4.9B
Total Liabilities $17.3B $17.6B $17.2B $16.6B $16.7B
Total Equity $13.4B $12.5B $12.3B $11.9B $11.1B
Total Debt $7.8B $7B $6.9B $7.5B $7.2B
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $2.6B $2B $1.9B $713M $623M
Cash From Investing -$1.4B -$1B -$744M -$230M -$207M
Cash From Financing -$1.6B -$883M -$1.2B -$363M -$220M
Free Cash Flow $1B $615M $974M $434M $369M
GLW
Sector
Market Cap
$39.9B
$83.5M
Price % of 52-Week High
84.11%
58.46%
Dividend Yield
2.41%
0%
Shareholder Yield
--
0.8%
1-Year Price Total Return
43.16%
-19.05%
Beta (5-Year)
1.031
0.881
Dividend yield:
2.41%
Annualized payout:
$1.12
Payout ratio:
194.86%
Growth streak:
0 years

Technicals

8-day SMA
Sell
Level $47.03
200-day SMA
Buy
Level $45.71
Bollinger Bands (100)
Sell
Level 46.55 - 51.01
Chaikin Money Flow
Buy
Level 340.2M
20-day SMA
Sell
Level $46.87
Relative Strength Index (RSI14)
Sell
Level 44.24
ADX Line
Sell
Level 21.62
Williams %R
Neutral
Level -59.3592
50-day SMA
Sell
Level $49.63
MACD (12, 26)
Sell
Level -0.78
25-day Aroon Oscillator
Sell
Level -16
On Balance Volume
Neutral
Level 225.1M

Financial Scores

Buy
Altman Z-Score (Annual)
Level (3.0068)
Sell
CA Score (Annual)
Level (-0.5793)
Buy
Beneish M-Score (Annual)
Level (-2.4867)
Buy
Momentum Score
Level (10)
Buy
Ohlson Score
Level (-0.3957)
Buy
Piotroski F Score (Annual)
Level (6)
Sell
Quality Ratio Score
Level (3)
Buy
Fundamental Score
Level (7)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.

Stock Forecast FAQ

In the current month, GLW has received 8 Buy ratings 5 Hold ratings, and 0 Sell ratings. The GLW average analyst price target in the past 3 months is $55.46.

  • Where Will Corning Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Corning share price will rise to $55.46 per share over the next 12 months.

  • What Do Analysts Say About Corning?

    Analysts are divided on their view about Corning share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Corning is a Sell and believe this share price will drop from its current level to $43.92.

  • What Is Corning's Price Target?

    The price target for Corning over the next 1-year time period is forecast to be $55.46 according to 13 Wall Street analysts, 8 of them rate the stock a Buy, 0 rate the stock a Sell, and 5 analysts rate the stock a Hold.

  • Is GLW A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Corning is a Buy. 8 of 13 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of GLW?

    You can purchase shares of Corning via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Corning shares.

  • What Is The Corning Share Price Today?

    Corning was last trading at $42.48 per share. This represents the most recent stock quote for Corning. Yesterday, Corning closed at $46.54 per share.

  • How To Buy Corning Stock Online?

    In order to purchase Corning stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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