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How has Corning Inc.:(NYSE:GLW) performed recently?

Corning Inc. (NYSE: GLW) is a large market cap stock with a market cap of 22997.5. It is in the Diversified Electronics industry and sector Technology, with a current P/E of 65.61, a forward P/E of 13.84 and EPS of 0.34. At a stock price of 22.28 (0.77%) it has a dividend yield of 2.44%.

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 13.99% and more long-term 15.00% after five years. EPS growth quarter over quarter is 345.00%. Sales growth for the past five years have been 6.60% and sales growth quarter over quarter is 0.70%.

For performance, Corning Inc. the past week has seen a gain of 1.84%. For the last month performance for Corning Inc. is 8.97%. While the last quarter is 19.55% and half year, 23.95%. Finally for the year, performance is 24.97%.

The 52-week high for Corning Inc., is at -1.50%, and for the 52-week low it comes to a value of 48.55%. The 20-day simple moving average is 7.14% and 16.64% for the 200-day simple moving average.

Volatility for the week is at 2.62%, and for the month it is 1.64%. Corning Inc., has a target price of 21.54.

In terms of debt, long term debt/equity is 0.23, and for total debt/equity Corning Inc. has 0.24. The gross margin is 39.20%, while operating margin is *TBA, the profit margin is 24.80%. The current ratio is 4.4 and the quick ratio is 3.8.

Insider ownership is at 0.20%, with instituitional ownership at 76.50%. Corning Inc. has a payout ratio of 25.10%. With the total shares outstanding coming to 1040.14. The shares float is 1040.14, with the float short at 2.35%, with short ratio coming to 2.84.

In terms of returns, the return on assets see Corning Inc., get 7.60%, with its returns on investment at 5.60%. Return on equity is 13.10%. So will the investors see the target price of 21.54, 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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Mark Hines

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