Corning Inc. (GLW)

$33.72

+0.15

(+0.45%)▲

Market is closed - opens 7 PM, 06 May 2024

Insights on Corning Inc.

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 3.24B → 2.99B (in $), with an average decrease of 3.9% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, 515.0M → -40.0M (in $), with an average decrease of 96.3% per quarter

  • Vs APH

    In the last 1 year, Amphenol Corporation has given 62.0% return, outperforming this stock by 54.9%

  • Vs JBL

    In the last 3 years, Jabil Circuit Inc. has given 83.3% return, outperforming this stock by 109.0%

Performance

  • $33.52
    $33.84
    $33.72
    downward going graph

    0.59%

    Downside

    Day's Volatility :0.93%

    Upside

    0.34%

    downward going graph
  • $24.80
    $35.06
    $33.72
    downward going graph

    26.45%

    Downside

    52 Weeks Volatility :29.26%

    Upside

    3.82%

    downward going graph

Returns

PeriodCorning Inc.Sector (Technology)S&P500
3 Months
5.34%
-0.1%
3.7%
6 Months
21.65%
17.9%
17.7%
1 Year
7.12%
33.9%
24.0%
3 Years
-25.74%
48.4%
23.0%

Highlights

Market Capitalization
27.0B
Book Value
$14.09
Dividend Share
1.12
Dividend Yield
3.55%
Earnings Per Share (EPS)
0.68
PE Ratio
46.35
PEG Ratio
1.12
Wall Street Target Price
34.8
Profit Margin
4.62%
Operating Margin TTM
16.43%
Return On Assets TTM
2.85%
Return On Equity TTM
5.37%
Revenue TTM
12.6B
Revenue Per Share TTM
14.84
Quarterly Revenue Growth YOY
-12.1%
Gross Profit TTM
4.8B
EBITDA
2.7B
Diluted Eps TTM
0.68
Quarterly Earnings Growth YOY
-0.21
EPS Estimate Current Year
1.87
EPS Estimate Next Year
2.18
EPS Estimate Current Quarter
0.39
EPS Estimate Next Quarter
0.38

Analyst Recommendation

Buy
    58%Buy
    41%Hold
    0
    0%Sell
Based on 17 Wall street analysts offering stock ratings for Corning Inc.(by analysts ranked 0 to 5 stars)
Based on 17 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
10
12
14
Hold
7
5
5
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 3.2%

Current $33.72
Target $34.80

Company Financials

FY18Y/Y Change
Revenue
11.3B
↑ 11.61%
Net Income
1.1B
↓ 314.49%
Net Profit Margin
9.44%
↑ 14.35%
FY19Y/Y Change
Revenue
11.5B
↑ 1.89%
Net Income
960.0M
↓ 9.94%
Net Profit Margin
8.35%
↓ 1.09%
FY20Y/Y Change
Revenue
11.3B
↓ 1.74%
Net Income
512.0M
↓ 46.67%
Net Profit Margin
4.53%
↓ 3.82%
FY21Y/Y Change
Revenue
14.1B
↑ 24.59%
Net Income
1.9B
↑ 272.27%
Net Profit Margin
13.54%
↑ 9.01%
FY22Y/Y Change
Revenue
14.2B
↑ 0.76%
Net Income
1.3B
↓ 30.95%
Net Profit Margin
9.27%
↓ 4.27%
FY23Y/Y Change
Revenue
12.6B
↓ 11.28%
Net Income
581.0M
↓ 55.85%
Net Profit Margin
4.62%
↓ 4.65%
Q3 FY22Q/Q Change
Revenue
3.5B
↓ 3.51%
Net Income
208.0M
↓ 63.06%
Net Profit Margin
5.96%
↓ 9.61%
Q4 FY22Q/Q Change
Revenue
3.4B
↓ 2.35%
Net Income
-27.0M
↓ 112.98%
Net Profit Margin
-0.79%
↓ 6.75%
Q1 FY23Q/Q Change
Revenue
3.2B
↓ 6.69%
Net Income
176.0M
↓ 751.85%
Net Profit Margin
5.54%
↑ 6.33%
Q2 FY23Q/Q Change
Revenue
3.2B
↑ 2.05%
Net Income
515.0M
↑ 192.61%
Net Profit Margin
15.88%
↑ 10.34%
Q3 FY23Q/Q Change
Revenue
3.2B
↓ 2.16%
Net Income
164.0M
↓ 68.16%
Net Profit Margin
5.17%
↓ 10.71%
Q4 FY23Q/Q Change
Revenue
3.0B
↓ 5.64%
Net Income
-40.0M
↓ 124.39%
Net Profit Margin
-1.34%
↓ 6.51%
FY18Y/Y Change
Total Assets
27.5B
↑ 0.09%
Total Liabilities
13.6B
↑ 16.57%
FY19Y/Y Change
Total Assets
28.9B
↑ 5.06%
Total Liabilities
15.9B
↑ 16.76%
FY20Y/Y Change
Total Assets
30.8B
↑ 6.5%
Total Liabilities
17.3B
↑ 8.97%
FY21Y/Y Change
Total Assets
30.1B
↓ 2.05%
Total Liabilities
17.6B
↑ 1.57%
FY22Y/Y Change
Total Assets
29.5B
↓ 2.14%
Total Liabilities
17.2B
↓ 2.13%
FY23Y/Y Change
Total Assets
28.5B
↓ 3.39%
Total Liabilities
16.6B
↓ 3.44%
Q3 FY22Q/Q Change
Total Assets
28.7B
↓ 3.31%
Total Liabilities
17.2B
↓ 3.1%
Q4 FY22Q/Q Change
Total Assets
29.5B
↑ 2.66%
Total Liabilities
17.2B
↑ 0.22%
Q1 FY23Q/Q Change
Total Assets
28.8B
↓ 2.29%
Total Liabilities
16.6B
↓ 3.54%
Q2 FY23Q/Q Change
Total Assets
28.6B
↓ 0.61%
Total Liabilities
16.9B
↑ 1.93%
Q3 FY23Q/Q Change
Total Assets
28.3B
↓ 1.28%
Total Liabilities
16.5B
↓ 2.37%
Q4 FY23Q/Q Change
Total Assets
28.5B
↑ 0.79%
Total Liabilities
16.6B
↑ 0.59%
FY18Y/Y Change
Operating Cash Flow
2.9B
↑ 45.66%
Investing Cash Flow
-2.9B
↑ 68.83%
Financing Cash Flow
-2.0B
↑ 22.84%
FY19Y/Y Change
Operating Cash Flow
2.0B
↓ 30.42%
Investing Cash Flow
-1.9B
↓ 34.5%
Financing Cash Flow
-47.0M
↓ 97.64%
FY20Y/Y Change
Operating Cash Flow
2.2B
↑ 7.34%
Investing Cash Flow
-1.3B
↓ 30.72%
Financing Cash Flow
-729.0M
↑ 1451.06%
FY21Y/Y Change
Operating Cash Flow
3.4B
↑ 56.51%
Investing Cash Flow
-1.4B
↑ 8.32%
Financing Cash Flow
-2.5B
↑ 236.35%
FY22Y/Y Change
Operating Cash Flow
2.6B
↓ 23.36%
Investing Cash Flow
-1.4B
↓ 4.51%
Financing Cash Flow
-1.6B
↓ 32.75%
Q3 FY22Q/Q Change
Operating Cash Flow
706.0M
↓ 6.86%
Investing Cash Flow
-969.0M
↑ 235.29%
Financing Cash Flow
-252.0M
↓ 68.62%
Q4 FY22Q/Q Change
Operating Cash Flow
617.0M
↓ 12.61%
Investing Cash Flow
-1.4B
↑ 39.83%
Financing Cash Flow
-219.0M
↓ 13.1%
Q1 FY23Q/Q Change
Operating Cash Flow
-49.0M
↓ 107.94%
Investing Cash Flow
-228.0M
↓ 83.17%
Financing Cash Flow
-248.0M
↑ 13.24%
Q2 FY23Q/Q Change
Operating Cash Flow
619.0M
↓ 1363.27%
Investing Cash Flow
-515.0M
↑ 125.88%
Financing Cash Flow
84.0M
↓ 133.87%
Q3 FY23Q/Q Change
Operating Cash Flow
722.0M
↑ 16.64%
Investing Cash Flow
-770.0M
↑ 49.51%
Financing Cash Flow
-356.0M
↓ 523.81%

Technicals Summary

Sell

Neutral

Buy

Corning Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Corning Inc.
Corning Inc.
3.63%
21.65%
7.12%
-25.74%
7.05%
Te Connectivity Ltd.
Te Connectivity Ltd.
-1.83%
12.8%
15.5%
5.41%
51.47%
Amphenol Corporation
Amphenol Corporation
4.48%
45.39%
61.99%
83.32%
149.29%
Jabil Circuit Inc.
Jabil Circuit Inc.
-16.55%
-7.82%
51.7%
123.83%
282.7%
Flextronics International Ltd.
Flextronics International Ltd.
-3.99%
7.51%
36.1%
57.98%
148.0%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Corning Inc.
Corning Inc.
46.35
46.35
1.12
1.87
0.05
0.03
0.04
14.09
Te Connectivity Ltd.
Te Connectivity Ltd.
13.32
13.32
1.82
7.58
0.27
0.08
0.02
42.45
Amphenol Corporation
Amphenol Corporation
37.4
37.4
5.85
3.3
0.25
0.1
0.01
13.94
Jabil Circuit Inc.
Jabil Circuit Inc.
10.42
10.42
0.91
8.37
0.57
0.05
0.0
21.71
Flextronics International Ltd.
Flextronics International Ltd.
16.96
16.96
0.97
2.36
0.22
0.04
NA
13.96
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Corning Inc.
Corning Inc.
Buy
$27.0B
7.05%
46.35
4.62%
Te Connectivity Ltd.
Te Connectivity Ltd.
Buy
$43.2B
51.47%
13.32
20.69%
Amphenol Corporation
Amphenol Corporation
Buy
$70.0B
149.29%
37.4
15.36%
Jabil Circuit Inc.
Jabil Circuit Inc.
Buy
$14.5B
282.7%
10.42
4.7%
Flextronics International Ltd.
Flextronics International Ltd.
Buy
$12.0B
148.0%
16.96
2.56%

Institutional Holdings

  • Vanguard Group Inc

    11.49%

  • BlackRock Inc

    7.04%

  • State Street Corporation

    3.76%

  • Wellington Management Company LLP

    3.66%

  • Morgan Stanley - Brokerage Accounts

    2.72%

  • JPMorgan Chase & Co

    2.11%

Corporate Announcements

  • Corning Inc. Dividends March,2024

    In the quarter ending March,2024. Corning Inc. has declared dividend of $0.28

    Read More

Company Information

about corning incorporated corning (www.corning.com) is one of the world’s leading innovators in materials science. for more than 160 years, corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. corning succeeds through sustained investment in r&d, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. corning’s businesses and markets are constantly evolving. today, corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. they include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissio

Organization
Corning Inc.
Employees
49800
CEO
Mr. Wendell P. Weeks
Industry
Electronic Technology

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