Corning Inc., GLW is in the exchange NYSE and its industry is Diversified Electronics in the sector of Technology. Based in USA, Corning Inc., GLW has a market cap of 23567.63. Since its IPO date on the 12/31/1981, Corning Inc., GLW performance year to date is 24.73%. Today Corning Inc., GLW has gained -0.58%, with a current price of 22.35.
Ownership of the company is 0.10% for insider ownership while institutional ownership is 77.10%. The management of the company have seen the company have a payout ratio of 25.10%. Return of assets are at 7.50%, with return on investment at 5.60%.
In terms of debt levels and profit levels, Corning Inc., GLW is seeing a long-term debt/equity of 0.23. While Total debt/equity is 0.24. With a profit margin of 24.40%, this is combined with a gross margin of 38.90%, and operating margin of 10.10%. Corning Inc. ability to meet debt levels, with a current ratio of 4.4, while the quick ratio is 3.8.
For the last year Corning Inc., GLW has seen a EPS growth of -42.40%. A performance for the year of 30.24%. The 52-week high is -2.79%, and the 52-week low is 41.39%. The average volume for Corning Inc., GLW is 10014800.
With a target price of 21.75, can Corning Inc., GLW reach this target? Looking at the value indicators of Corning Inc., GLW. Corning Inc. has a P/E of 12.27 and a forward P/E of 13.78. Perhaps the more useful indicator than P/E, is PEG which has a value of 0.82. Corning Inc. also has a P/S and a P/B of 2.65 and 1.37 respectively. For P/cash, Corning Inc. has a value of *TBA, while it is 80.44 for P/free cash flow.
At the current price of 22.35, Corning Inc. has a dividend yield of 2.42%. We see a return on equity of 13.00%.
Looking more long-term Corning Inc., is projected to get an EPS growth for the next five years of 15.00%. In the short-term an EPS growth of 13.90% in the next year is forecasted. This is after a EPS growth of -42.40% for this year and for the last five years a -15.00% growth has been seen.