With a market cap of has a large market cap size. Corning Incorporated (NYSE: GLW) has been on the stock market since its IPO date on the 12/31/1981. Corning Incorporated is in the Diversified Electronics industry and Technology sector. Average volume for Corning Incorporated, is 9034.65, and so far today it has a volume of 8663300. Performance year to date since the 12/31/1981 is 32.05%.
To help you determine whether Corning Incorporated is undervalued the following values will help you decide. P/E is 12.99 and forward P/E is 14.52. PEG perhaps more useful shows that Corning Incorporated has a value for PEG of 0.87. P/S ratio is 2.81 and the P/B ratio is 1.45. The P/Cash and P/Free cash flow is *TBA and 85.52 respectively.
At the current price Corning Incorporated is trading at, 23.66 (0.04% today), Corning Incorporated has a dividend yield of 2.28%, and this is covered by a payout ratio of 25.10%. Earnings per share (EPS) is 1.82, and this is looking to grow in the next year to 14.39% after growing -42.40% this past year. EPS growth quarter over quarter is 410.50%, and 0.70% for sales growth quarter over quarter.
The number of shares outstanding is 1059, and the number of shares float is 1034.17. The senior management bring insider ownership to 0.10%, and institutional ownership is at 77.20%. The float short is 7.22%, with the short ratio at a value of 8.27. Management has seen a return on assets of 7.50%, and also a return on investment of 5.60%.
The ability for Corning Incorporated, to deal with debt, means it current ratio is 4.4, and quick ratio is 3.8. Long term debt/equity is 0.23 and total debt/equity is 0.24. In terms of margins, Corning Incorporated has a gross margin of 38.90%, with its operating margin at 10.10%, and Corning Incorporated has a profit margin of 24.40%.
The 52 week high is -0.63%, with 49.65% being its 52 week low. The 20 day simple moving average is 4.74% and the 200 day simple moving average is 18.26%.
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.