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Corning Incorporated (GLW)

(Delayed Data from NYSE)

$46.00 USD

46.00
3,233,243

+0.33 (0.72%)

Updated May 7, 2021 04:04 PM ET

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy25.41%
2Buy19.02%
3Hold10.72%
4Sell6.46%
5Strong Sell3.06%
S&P50011.04%

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2-Buy of 5   2      

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth F Momentum C VGM

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 40% (101 out of 254)

Industry: Communication - Components

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Company Summary

New York-based Corning Incorporated started out as a glass business that was reincorporated in 1936. The company has since developed its glass technologies to produce advanced glass substrates that are used in a large number of applications across multiple markets. Currently, Corning reports results under five operating segments.

The Display Technologies segment (28.9% of total sales in first-quarter 2021) includes glass substrates that are commonly found in liquid crystal display (LCD) TVs, notebooks and flat-panel desktop personal computer (PC) monitors. The company’s specialty, active-matrix substrates improve the brightness and sharpness of images.

General Information

Corning Incorporated

ONE RIVERFRONT PLAZA

CORNING, NY 14831

Phone: 607-974-9000

Fax: 607-974-2063

Web: http://www.corning.com

Email: nicholsoas@corning.com

Industry Communication - Components
Sector Computer and Technology
Fiscal Year End December
Last Reported Quarter 3/31/2021
Next EPS Date 7/27/2021

EPS Information

Current Quarter EPS Consensus Estimate 0.51
Current Year EPS Consensus Estimate 2.11
Estimated Long-Term EPS Growth Rate 17.60
Next EPS Report Date 7/27/2021

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 45.67
52 Week High 46.82
52 Week Low 18.82
Beta 1.17
20 Day Moving Average 3,903,235.50
Target Price Consensus 46.57

GLW

% Price Change
4 Week 3.21
12 Week 25.14
YTD 27.78
% Price Change Relative to S&P 500
4 Week -0.09
12 Week 15.79
YTD 13.41
Share Information
Shares Outstanding (millions) 851.36
Market Capitalization (millions) 39,162.42
Short Ratio NA
Last Split Date 10/4/2000
Dividend Information
Dividend Yield 2.09%
Annual Dividend $0.96
Payout Ratio 0.58
Change in Payout Ratio 0.13
Last Dividend Payout / Amount 2/25/2021 / $0.24

Fundamental Ratios

P/E
P/E (F1) 21.80
Trailing 12 Months 27.88
PEG Ratio 1.24
EPS Growth
vs. Previous Year 125.00%
vs. Previous Quarter -13.46%
   
Sales Growth
vs. Previous Year 37.60%
vs. Previous Quarter -1.79%
   
Price Ratios
Price/Book 3.48
Price/Cash Flow 12.75
Price / Sales 3.21
ROE
3/31/21 13.66
12/31/20 11.92
9/30/20 11.50
ROA
3/31/21 4.93
12/31/20 4.25
9/30/20 4.12
Current Ratio
3/31/21 2.31
12/31/20 2.12
9/30/20 2.09
Quick Ratio
3/31/21 1.63
12/31/20 1.48
9/30/20 1.42
Operating Margin
3/31/21 11.98
12/31/20 10.94
9/30/20 10.97
Net Margin
3/31/21 9.89
12/31/20 4.53
9/30/20 2.71
Pre-Tax Margin
3/31/21 12.75
12/31/20 5.51
9/30/20 2.88
Book Value
3/31/21 13.22
12/31/20 14.59
9/30/20 13.82
Inventory Turnover
3/31/21 3.36
12/31/20 3.24
9/30/20 3.20
Debt-to-Equity
3/31/21 0.68
12/31/20 0.70
9/30/20 0.74
Debt to Capital
3/31/21 36.07
12/31/20 36.76
9/30/20 37.83