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How has Corning Incorporated:(NYSE:GLW) performed recently?

Corning Incorporated (NYSE: GLW) is a large market cap stock with a market cap of 25204.2. It is in the Diversified Electronics industry and sector Technology, with a current P/E of 13.06, a forward P/E of 14.6 and EPS of 1.82. At a stock price of 23.8 (1.67%) it has a dividend yield of 2.27%.

EPS growth for the last five years have been -15.00%, more recently this last year it has grown by -42.40%. The next year growth is going to be about 14.39% and more long-term 15.00% after five years. EPS growth quarter over quarter is 410.50%. Sales growth for the past five years have been 6.60% and sales growth quarter over quarter is 0.70%.

For performance, Corning Incorporated the past week has seen a gain of 0.72%. For the last month performance for Corning Incorporated is 4.02%. While the last quarter is 17.25% and half year, 16.68%. Finally for the year, performance is 37.21%.

The 52-week high for Corning Incorporated, is at -0.04%, and for the 52-week low it comes to a value of 50.53%. The 20-day simple moving average is 4.98% and 18.63% for the 200-day simple moving average.

Volatility for the week is at 1.40%, and for the month it is 1.29%. Corning Incorporated, has a target price of 22.37.

In terms of debt, long term debt/equity is 0.23, and for total debt/equity Corning Incorporated has 0.24. The gross margin is 38.90%, while operating margin is 10.10%, the profit margin is 24.40%. The current ratio is 4.4 and the quick ratio is 3.8.

Insider ownership is at 0.10%, with instituitional ownership at 77.20%. Corning Incorporated has a payout ratio of 25.10%. With the total shares outstanding coming to 1059. The shares float is 1034.17, with the float short at 7.22%, with short ratio coming to 8.2.

In terms of returns, the return on assets see Corning Incorporated, get 7.50%, with its returns on investment at 5.60%. Return on equity is 13.00%. So will the investors see the target price of 22.37, reached soon?

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Tony Dabbs

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