Stock Scorecard



Stock Summary for Corning Inc (GLW) - $31.52 as of 4/25/2024 11:35:12 AM EST

Total Score

5 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for GLW

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for GLW

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for GLW

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for GLW

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for GLW

Analysts Estimate Altice USA, Inc. ( ATUS ) to Report a Decline in Earnings: What to Look Out for 4/25/2024 2:01:00 PM
Logitech ( LOGI ) to Report Q4 Earnings: What's in the Offing? 4/25/2024 12:46:00 PM
Owens Corning Credits Margin Expansion, Enhanced Product Lineup For Q1 Performance - Owens-Corning ( NYSE:OC ) 4/24/2024 4:05:00 PM
Can Solid Processor Revenues Boost Intel ( INTC ) Q1 Earnings? 4/24/2024 12:53:00 PM
Will Soft Data Center Revenues Mar Intel ( INTC ) Q1 Earnings? 4/24/2024 12:37:00 PM
Corning ( GLW ) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release 4/23/2024 2:01:00 PM
Why Corning ( GLW ) is a Top Value Stock for the Long-Term 4/17/2024 1:40:00 PM
Silicon Photonics Market size is set to grow by USD 5238.89 mn from 2024-2028,increasing need for higher bandwidth ... - PR Newswire 4/5/2024 10:01:00 PM
Single-use Bioprocessing System Market size is set to grow by USD 15.32 bn from 2024-2028,high demand for ... - PR Newswire 4/5/2024 10:01:00 AM
StockNews.com Upgrades Corning ( NYSE:GLW ) to "Hold" 4/1/2024 6:24:00 AM

Financial Details for GLW

Company Overview

Ticker GLW
Company Name Corning Inc
Country USA
Description Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications.
Sector Name MANUFACTURING
Industry Name DRAWING & INSULATING OF NONFERROUS WIRE
Most Recent Quarter 12/31/2023
Next Earnings Date 4/30/2024

Stock Price History

Last Day Price 31.52
Last Day Price Updated 4/25/2024 11:35:12 AM EST
Last Day Volume 3,203,487
Average Daily Volume 4,360,998
52-Week High 35.06
52-Week Low 24.80
Last Price to 52 Week Low 27.10%

Valuation Measures

Trailing PE 46.37
Industry PE 22.38
Sector PE 32.25
5-Year Average PE 14.46
Free Cash Flow Ratio 15.15
Industry Free Cash Flow Ratio 7.18
Sector Free Cash Flow Ratio 44.06
Current Ratio Most Recent Quarter 1.67
Total Cash Per Share 2.08
Book Value Per Share Most Recent Quarter 14.09
Price to Book Ratio 2.33
Industry Price to Book Ratio 1.84
Sector Price to Book Ratio 5.01
Price to Sales Ratio Twelve Trailing Months 2.14
Industry Price to Sales Ratio Twelve Trailing Months 1.20
Sector Price to Sales Ratio Twelve Trailing Months 2.17

Share Statistics

Total Shares Outstanding 855,352,000
Market Capitalization 26,960,695,040
Institutional Ownership N/A

Dividends

Ex-Dividend Date 2/28/2024
Last Dividend Amount 0.28
Current Dividend Amount 0.28
Dividend Aristocrat? False
Trailing Annual Dividend Rate 1.12
Trailing Annual Dividend Yield 3.55%
Forward Annual Dividend Rate 1.22
Forward Annual Dividend Yield 3.86%
5-Year Dividend Payments Count 20
3-Year Average Dividend Yield 3.21%
5-Year Average Dividend Yield 2.97%
1-Year Dividend Growth Rate Percentage 3.70%
3-Year Dividend Growth Rate Percentage 8.01%
5-Year Dividend Growth Rate Percentage 8.78%
All-Time Dividend Growth Rate Percentage 11.70%
Dividend Payout Ratio 164.71%

Income Statement

Quarterly Earnings Growth YOY -20.80%
Annual Earnings Growth -55.85%
Reported EPS 12 Trailing Months 0.68
Reported EPS Past Year 0.00
Reported EPS Prior Year 1.70
Net Income Twelve Trailing Months 581,000,000
Net Income Past Year 581,000,000
Net Income Prior Year 1,316,000,000
Quarterly Revenue Growth YOY -12.10%
5-Year Revenue Growth 2.20%

Balance Sheet

Total Cash Most Recent Quarter 1,779,000,000
Total Cash Past Year 1,779,000,000
Total Cash Prior Year 1,671,000,000
Net Cash Position Most Recent Quarter -5,541,000,000
Net Cash Position Past Year -5,541,000,000
Long Term Debt Past Year 7,320,000,000
Long Term Debt Prior Year 6,324,000,000
Total Debt Most Recent Quarter 7,320,000,000
Equity to Debt Ratio Past Year 0.61
Equity to Debt Ratio Most Recent Quarter 0.61
Total Stockholder Equity Past Year 11,551,000,000
Total Stockholder Equity Prior Year 12,008,000,000
Total Stockholder Equity Most Recent Quarter 11,551,000,000

Options

Put/Call Ratio 1.31
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.33
MACD Signal -0.17
20-Day Bollinger Lower Band 29.48
20-Day Bollinger Middle Band 31.48
20-Day Bollinger Upper Band 33.48
Beta 1.09
RSI 43.75
50-Day SMA 30.84
200-Day SMA 32.93

System

Modified 4/25/2024 1:41:18 AM EST