Corning Inc: (NYSE: GLW)

$15.75

-0.05 (-0.32%)

Volume 13,620,327

May 23 04:00 PM ET

Zacks Rank: 1-Strong Buy

#1
 
 
 
 

Overview Quote

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Stock Activity

Day Low - High 15.23 - 15.79
52wk Low - High 10.62 - 16.43
Previous Close 15.80
Avg. Volume 13,768,405
Industry COMMUNICATIONS COMPONENTS
Market Cap 23.20 B
Div - Yield 0.36 - 2.28
Beta 1.44
PE (Forward) 11.68
Current Year Est. 1.35
Quarterly Earnings ESP -3.13%

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Zacks Recommendation Long-Term: 6+ Months

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Neutral

Zacks Industry Rank

176 out of 265

Equity Research Report

Updated as of 04/25/2013

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Key Earnings Data

PE (Forward) 11.65
PEG Ratio 1.16
Current Year Est. 1.35
Current Quarter Estimate 0.32
Most Accurate Estimate 0.31
Earnings ESP -3.13%
Next Earnings Report Date 07-24-2013
EPS Last Year 1.30
Expected Earnings Growth 10.00%

Company Description

Corning Incorporated creates leading-edge technologies for the fastest-growing markets of the world's economy. Corning manufactures optical fiber, cable and photonic products for the telecommunications industry; and high-performance displays and components for television and other communications-related industries. The company also uses advanced materials to manufacture products for scientific, semiconductor and environmental markets. (Company Press Release)

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Earnings Estimates

Current Qtr
(06/2013)
Next Qtr
(09/2013)
Current Year
(12/2013)
Next Year
(12/2014)
Average Estimate 0.32 0.36 1.35 1.39
Number of Estimates 11 10 13 12
Low Estimate 0.26 0.28 1.05 1.10
High Estimate 0.50 0.55 2.05 NA
Year Ago EPS 0.31 0.35 1.29 1.35
EPS Growth 3.23% 2.29% 4.83% 2.85%

Average Earnings Estimates for GLW

EPS Growth for GLW

Industry Analysis

Name Symbol Previous Close Zacks Rank Zacks Recommendation
CORNING INC GLW 15.80
VELTI PLC VELT 2.13
NICE SYSTEM-ADR NICE 36.54
WESTELL TECH-A WSTL 1.95
8X8 INC EGHT 7.37
ALCATEL ADS ALU 1.45
AUDIOCODES LTD AUDC 4.00
BREKFORD CORP BFDI 0.61
ENVIVIO INC ENVI 1.71
GLOWPOINT INC GLOW 0.99

Sector:Computer and Technology>> Industry:COMMUNICATIONS COMPONENTS

COMPARE TICKER vs. Its Peers

Financials

EPS TTM 1.30
Sales 8,012
Net Income 1,760
Price/Earnings 12.11
Price/Book 1.08
Price/Cash Flow 7.93
Price/Sales 2.93

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