Is Philip Morris Stock Overvalued?
If there is one industry that can be termed truly…
Buy
60
GLW Quote, Financials, Valuation and Earnings
Last price:
$51.55
Seasonality move
:
5.81%
Day range:
$50.00 - $52.03
52-week range:
$30.30 - $52.03
Dividend yield:
2.17%
P/E ratio:
303.24x
P/S ratio:
3.52x
P/B ratio:
3.98x
Volume:
7.1M
Avg. volume:
4.1M
1-year change:
69.35%
Market cap:
$44.1B
Revenue:
$12.6B
EPS (TTM):
$0.17
Analysts' Opinion
-
Consensus RatingCorning has received a consensus rating of Buy. The company's average rating is a Buy based on 7 Buy ratings, 6 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $53.21, Corning has an estimated upside of 3.22% from its current price of $51.55.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $37.00 representing 28.23% downside risk from its current price of $51.55.
Fair Value
-
According to the consensus of 13 analysts, Corning has 3.22% upside to fair value with a price target of $53.21 per share.
GLW vs. S&P 500
-
Over the past 5 trading days, Corning has overperformed the S&P 500 by 8.62% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
Corning does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Corning has grown year-over-year revenues for 2 quarters straight. In the most recent quarter Corning reported revenues of $3.4B.
Earnings Growth
-
Corning earnings have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter Corning reported earnings per share of -$0.14.
Enterprise value:
50.3B
EV / Invested capital:
--
Price / LTM sales:
3.52x
EV / EBIT:
74.18x
EV / Revenue:
3.99x
PEG ratio (5yr expected):
--
EV / Free cash flow:
48.41x
Price / Operating cash flow:
42.69x
Enterprise value / EBITDA:
24.68x
Gross Profit (TTM):
$4B
Return On Assets:
0.56%
Net Income Margin (TTM):
1.24%
Return On Equity:
1.36%
Return On Invested Capital:
0.82%
Operating Margin:
8.91%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $14.5B | $13B | $12.6B | $3.2B | $3.4B | |
| Gross Profit | $4.9B | $3.9B | $4B | $1B | $1.1B | |
| Operating Income | $1.8B | $898M | $820M | $236M | $302M | |
| EBITDA | $4.2B | $2.5B | $2B | $639M | $332M | |
| Diluted EPS | $2.14 | $0.68 | $0.17 | $0.19 | -$0.14 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $8.1B | $7.7B | $7.8B | $7.3B | $7.7B | |
| Total Assets | $30.3B | $29.7B | $28.7B | $28.3B | $28.3B | |
| Current Liabilities | $3.8B | $4.3B | $5.2B | $4.3B | $4.6B | |
| Total Liabilities | $17.4B | $17.4B | $17.2B | $16.5B | $16.9B | |
| Total Equity | $12.9B | $12.4B | $11.5B | $11.7B | $11.5B | |
| Total Debt | $8.1B | $7.1B | $6.7B | $7.5B | $7.4B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $3B | $1.9B | $2B | $722M | $699M | |
| Cash From Investing | -$1.6B | -$1.2B | -$767M | -$255M | -$199M | |
| Cash From Financing | -$1.9B | -$739M | -$1.3B | -$356M | -$332M | |
| Free Cash Flow | $1.2B | $395M | $1B | $381M | $482M | |
GLW
Sector
Market Cap
$44.1B
$117.2M
Price % of 52-Week High
99.08%
68.86%
Dividend Yield
2.17%
0%
Shareholder Yield
--
0.91%
1-Year Price Total Return
69.35%
-3.38%
Beta (5-Year)
1.036
0.915
Dividend yield:
2.17%
Annualized payout:
$1.12
Payout ratio:
631.41%
Growth streak:
13 years
SEE THE 1% OF STOCKS YOU NEED TO OWN FOR MASSIVE RETURNS
GET BETTER TRADE IDEAS
Technicals
8-day SMA
Buy
Level
$48.54
200-day SMA
Buy
Level
$41.96
Bollinger Bands (100)
Buy
Level
43.91 - 48.81
Chaikin Money Flow
Buy
Level
310.2M
20-day SMA
Buy
Level
$47.96
Relative Strength Index (RSI14)
Buy
Level
69.93
ADX Line
Buy
Level
23.77
Williams %R
Sell
Level
-8.2192
50-day SMA
Buy
Level
$48.07
MACD (12, 26)
Buy
Level
0.49
25-day Aroon Oscillator
Buy
Level
20
On Balance Volume
Neutral
Level
218M
Financial Scores
Hold
Altman Z-Score
(Annual)
Level (2.4384)
Sell
CA Score
(Annual)
Level (-0.5478)
Buy
Beneish M-Score
(Annual)
Level (-2.7782)
Buy
Momentum Score
Level (9)
Buy
Ohlson Score
Level (0.085)
Buy
Piotroski F Score
(Annual)
Level (5)
Sell
Quality Ratio Score
Level (3)
Buy
Fundamental Score
Level (7)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.
Stock Forecast FAQ
In the current month, GLW has received 7 Buy ratings 6 Hold ratings, and 0 Sell ratings. The GLW average analyst price target in the past 3 months is $53.21.
-
Where Will Corning Stock Be In 1 Year?
According to analysts, the consensus estimate is that Corning share price will rise to $53.21 per share over the next 12 months.
-
What Do Analysts Say About Corning?
Analysts are divided on their view about Corning share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Corning is a Sell and believe this share price will drop from its current level to $37.00.
-
What Is Corning's Price Target?
The price target for Corning over the next 1-year time period is forecast to be $53.21 according to 13 Wall Street analysts, 7 of them rate the stock a Buy, 0 rate the stock a Sell, and 6 analysts rate the stock a Hold.
-
Is GLW A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Corning is a Buy. 7 of 13 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of GLW?
You can purchase shares of Corning via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Corning shares.
-
What Is The Corning Share Price Today?
Corning was last trading at $51.55 per share. This represents the most recent stock quote for Corning. Yesterday, Corning closed at $51.55 per share.
-
How To Buy Corning Stock Online?
In order to purchase Corning stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
Related Companies
SEE THE 1% OF STOCKS YOU NEED TO OWN FOR MASSIVE RETURNS
GET BETTER TRADE IDEAS
Popular
What Quantum Stocks Should I Buy?
The last several years have seen a series of tech…
Will Sirius XM Be a 10-Bagger Stock?
Last year, Warren Buffett surprised practically everyone when he acquired…
Stock Ideas
Buy
52
Is NVDA Stock a Buy?
Market Cap: $3.4T
P/E Ratio: 118x
Sell
43
Is AAPL Stock a Buy?
Market Cap: $3.3T
P/E Ratio: 37x
Buy
51
Is MSFT Stock a Buy?
Market Cap: $3.2T
P/E Ratio: 36x
Alerts
Sell
49
RKLB alert for Jan 22
Rocket Lab USA [RKLB] is down 5.95% over the past day.
Sell
32
FTAI alert for Jan 22
FTAI Aviation [FTAI] is down 0.95% over the past day.
Sell
2
EDU alert for Jan 22
New Oriental Education & Technology Group [EDU] is down 3.21% over the past day.
