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Corning LSE:0R2X Stock Report

Last Price

US$33.69

Market Cap

US$28.9b

7D

6.8%

1Y

7.6%

Updated

05 May, 2024

Data

Company Financials +

0R2X 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.

0R2X 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$33.69
52 Week HighUS$35.77
52 Week LowUS$25.30
Beta1.09
1 Month Change3.84%
3 Month Change5.25%
1 Year Change7.58%
3 Year Change-25.60%
5 Year Change8.09%
Change since IPO66.10%

Recent News & Updates

Recent updates

Shareholder Returns

0R2XGB ElectronicGB Market
7D6.8%1.1%1.0%
1Y7.6%-7.9%3.0%

Return vs Industry: 0R2X exceeded the UK Electronic industry which returned -7.9% over the past year.

Return vs Market: 0R2X exceeded the UK Market which returned 3% over the past year.

Price Volatility

Is 0R2X's price volatile compared to industry and market?
0R2X volatility
0R2X Average Weekly Movement3.0%
Electronic Industry Average Movement4.7%
Market Average Movement4.8%
10% most volatile stocks in GB Market11.4%
10% least volatile stocks in GB Market2.7%

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

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$28.89b
Earnings (TTM)US$614.00m
Revenue (TTM)US$12.39b

47.0x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0R2X income statement (TTM)
RevenueUS$12.39b
Cost of RevenueUS$8.18b
Gross ProfitUS$4.20b
Other ExpensesUS$3.59b
EarningsUS$614.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.72
Gross Margin33.94%
Net Profit Margin4.96%
Debt/Equity Ratio63.7%

How did 0R2X perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

155%

Payout Ratio
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