Corning Incorporated (NYSE: GLW), is firmly in the large market cap category with market cap of 29.04 B. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Corning Incorporated is 30.85 (with a change from open of 0.10%), this in conjunction with a target price of 29.5. Volume today has so far reached 1735738, with an average volume of about 6258.67. The GAP for this stock, is -0.10%.
The P/E ratio is 8.46, bringing the forward P/E to a value of 16.4. The current EPS for Corning Incorporated, is 3.65, with a EPS growth for this year coming to a value of 224.00%. Performance has been interesting with performance year to date coming to 27.11%.
Looking further into the growth statistics for Corning Incorporated, EPS is looking like it will grow 8.73% in the next year. Looking even further it is projected to be 9.36%. Quarter over quarter is 118.60% for EPS growth and for sales growth quarter over quarter it is 16.00%. Looking at past EPS growth statistics we see that for the past five years it has been 12.70%. Sales growth for the past five years has in fact been 3.50%.
Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 76.20%. Shares outstanding is 941.22, while shares float is at a value of 917.53. Float short for Corning Incorporated is 1.55% and the short ratio is 2.27.
In terms of debt, long term debt/equity is 0.23, while the total debt/equity comes to 0.25. The ability to meet these debts, means that the current ratio is 3.6, and the quick ratio is 3. The most recent gross margin is 40.50% and their operating margin is 16.90%. The profit margin is 41.70%.
Corning Incorporated has seen returns on assets of 14.00%, and on investment, 7.20%. Return on equity is 25.20%. Price/Earnings to growth ratio is 0.9. Price/Sales ratio is at a value of 2.99, with Price/book ratio coming to 1.78 and Price/cash is 5.96, and finally Price/Free cash Flow is 31.19.
The simple moving averages are 2.73% and 16.71% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -0.32% and the 52 week low is 48.60%.
Corning Incorporated has a dividend yield of 2.01%, with a current price of 30.85. The ability to pay this means the payout ratio is 13.90%. This is in an industry, Diversified Electronics, with equally high dividends from other companies in this sector, which it is Technology. Corning Incorporated is based in USA.
Performance in the Diversified Electronics industry means that Corning Incorporated has seen performance for the past week of 1.18%, with performance for the month coming to 6.16%. Looking at the data for the quarter it is at a value of 14.90%, and for the half year the performance is 43.82%. Volatility for this week is 1.69% and for the month this is 1.42%.
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.