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Corning LSE:0R2X Stock Report

Last Price

US$47.14

Market Cap

US$40.5b

7D

-1.7%

1Y

55.1%

Updated

21 Dec, 2024

Data

Company Financials +

0R2X Stock Overview

Engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. More details

0R2X fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Corning Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Corning
Historical stock prices
Current Share PriceUS$47.14
52 Week HighUS$51.03
52 Week LowUS$29.64
Beta1.03
1 Month Change-1.89%
3 Month Change6.51%
1 Year Change55.12%
3 Year Change27.99%
5 Year Change61.88%
Change since IPO132.40%

Recent News & Updates

Recent updates

Shareholder Returns

0R2XGB ElectronicGB Market
7D-1.7%-0.7%-2.6%
1Y55.1%-3.3%2.4%

Return vs Industry: 0R2X exceeded the UK Electronic industry which returned -3.3% over the past year.

Return vs Market: 0R2X exceeded the UK Market which returned 2.4% over the past year.

Price Volatility

Is 0R2X's price volatile compared to industry and market?
0R2X volatility
0R2X Average Weekly Movement3.3%
Electronic Industry Average Movement6.1%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0R2X has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0R2X's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185149,800Wendell Weekswww.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?
0R2X fundamental statistics
Market capUS$40.51b
Earnings (TTM)US$156.00m
Revenue (TTM)US$12.61b

259.7x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0R2X income statement (TTM)
RevenueUS$12.61b
Cost of RevenueUS$8.37b
Gross ProfitUS$4.25b
Other ExpensesUS$4.09b
EarningsUS$156.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 29, 2025

Earnings per share (EPS)0.18
Gross Margin33.66%
Net Profit Margin1.24%
Debt/Equity Ratio64.6%

How did 0R2X perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

612%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 08:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Corning Incorporated is covered by 46 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ishan MajumdarBaptista Research
Amir RozwadowskiBarclays