ducovest

GLW:NYE-Corning Incorporated (USD)

COMMON STOCK | Electronic Components |

Last Closing

USD 43.42

Change

+0.12 (+0.28)%

Market Cap

USD 35.22B

Volume

3.85M

Analyst Target

USD 31.69
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

Company Website : https://www.corning.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

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 N/A

ETFs Containing GLW

TINT ProShares Smart Materials.. 6.05 % 0.00 %

+0.01 (+0.38%)

 USD 1.58M
KNGZ First Trust Exchange-Trad.. 4.38 % 0.00 %

+0.02 (+0.38%)

 N/A
OCFS Professionally Managed Po.. 4.15 % 0.00 %

+0.10 (+0.38%)

 N/A
LADR:XETRA L&G Optical Technology & .. 3.92 % 0.00 %

-0.09 (0.38%)

 N/A
RNDV First Trust US Equity Div.. 3.53 % 0.50 %

+0.02 (+0.38%)

 USD 0.04B
AVMV American Century ETF Trus.. 1.15 % 0.00 %

+0.09 (+0.38%)

 USD 0.02B
QUDV:CA 0.62 % 0.00 %

N/A

 N/A
EWSP:LSE iShares S&P 500 Equal Wei.. 0.24 % 0.00 %

-0.04 (0.38%)

 N/A
SPES:LSE Invesco S&P 500 Equal Wei.. 0.23 % 0.00 %

-31.50 (0.38%)

 N/A
SPEX:LSE Invesco S&P 500 Equal Wei.. 0.23 % 0.00 %

-33.75 (0.38%)

 N/A
BTAL AGFiQ U.S. Market Neutral.. 0.00 % 0.00 %

-0.08 (0.38%)

 N/A
FBU:CA 0.00 % 0.84 %

N/A

 N/A
GTO Invesco Total Return Bond.. 0.00 % 0.50 %

-0.14 (0.38%)

 USD 1.69B
RSP Invesco S&P 500® Equal W.. 0.00 % 0.20 %

-0.33 (0.38%)

 N/A
XDEW:LSE Xtrackers S&P 500 Equal W.. 0.00 % 0.00 %

-0.47 (0.38%)

 N/A
XDWE:LSE Xtrackers (IE) Public Lim.. 0.00 % 0.00 %

-57.00 (0.38%)

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Electronic Components) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 42.59% 82% B 95% A
Dividend Return 1.84% 75% C 41% F
Total Return 44.43% 82% B 95% A
Trailing 12 Months  
Capital Gain 37.32% 71% C- 88% B+
Dividend Return 2.66% 75% C 40% F
Total Return 39.97% 71% C- 87% B+
Trailing 5 Years  
Capital Gain 56.41% 71% C- 74% C
Dividend Return 17.29% 88% B+ 62% D
Total Return 73.70% 79% B- 77% C+
Average Annual (5 Year Horizon)  
Capital Gain 8.74% 61% D- 66% D+
Dividend Return 11.75% 67% D+ 67% D+
Total Return 3.02% 89% A- 59% D-
Risk Return Profile  
Volatility (Standard Deviation) 32.90% 50% F 30% F
Risk Adjusted Return 35.72% 61% D- 54% F
Market Capitalization 35.22B 90% A- 94% A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.