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Corning DB:GLW Stock Report

Last Price

€29.83

Market Cap

€26.1b

7D

-0.5%

1Y

-3.8%

Updated

27 Mar, 2024

Data

Company Financials +

GLW Stock Overview

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally.

GLW fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends3/6

Corning Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Corning
Historical stock prices
Current Share PriceUS$29.83
52 Week HighUS$32.64
52 Week LowUS$24.98
Beta1.07
1 Month Change-0.93%
3 Month Change8.71%
1 Year Change-3.81%
3 Year Change-19.92%
5 Year Change-2.07%
Change since IPO164.38%

Recent News & Updates

Recent updates

Shareholder Returns

GLWDE ElectronicDE Market
7D-0.5%1.4%2.5%
1Y-3.8%-17.0%7.0%

Return vs Industry: GLW exceeded the German Electronic industry which returned -16.9% over the past year.

Return vs Market: GLW underperformed the German Market which returned 7.3% over the past year.

Price Volatility

Is GLW's price volatile compared to industry and market?
GLW volatility
GLW Average Weekly Movement3.0%
Electronic Industry Average Movement5.3%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.1%
10% least volatile stocks in DE Market2.4%

Stable Share Price: GLW has not had significant price volatility in the past 3 months.

Volatility Over Time: GLW's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185149,800Wendell Weekshttps://www.corning.com

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company’s Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals.

Corning Incorporated Fundamentals Summary

How do Corning's earnings and revenue compare to its market cap?
GLW fundamental statistics
Market cap€26.09b
Earnings (TTM)€536.67m
Revenue (TTM)€11.63b

48.6x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLW income statement (TTM)
RevenueUS$12.59b
Cost of RevenueUS$8.37b
Gross ProfitUS$4.21b
Other ExpensesUS$3.63b
EarningsUS$581.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)0.68
Gross Margin33.48%
Net Profit Margin4.62%
Debt/Equity Ratio61.8%

How did GLW perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

163%

Payout Ratio
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