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Corning Incorporated

GLW | US

46.46

USD

0.44

0.96%

GLW | US

About Corning Incorporated

Sector

Technology

Industry

Electronic Components

Earnings date

30/06/2024

As of date

11/10/2024

Close

46.46

Open

46.14

High

46.92

Low

46.11

Corning Incorporated engages in the display technologies optical communications environmental technologies specialty materials and life sciences businesses worldwide. 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. The company's Specialty Materials segment manufactures products that offer material formulations for glass glass ceramics crystals precision metrology instruments and software as well as glass wafers and substrates tinted sunglasses and radiation shielding products for various markets comprising mobile consumer electronics semiconductor equipment optics and consumables aerospace and defense optics radiation shielding products sunglasses and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile gasoline and diesel applications. The company's Life Sciences segment offers laboratory products including consumables such as plastic vessels liquid handling plastics specialty surfaces cell culture media and serum as well as general labware and glassware and equipment under the Corning Falcon Pyrex and Axygen brands. Corning Incorporated was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. The company was founded in 1851 and is headquartered in Corning New York.

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GLW | US

Risk
23.4
Sharpe
2.20
Luna's Score
55/100
Recommendation
Hold

Luna says (GLW | US)

What's Working

Positive Momentum

Largecap (10B - 200B USD)

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Strong Sharpe Ratio (> 1.2)

What's not Working

High Short-term Volatility

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

30.6%

1 month

23.4%

3 months

27.2%

6 months

30.9%

Returns

Fundamental Ratios

PE

88.00

Fwd. PE

19.61

Price to book

3.63

Debt to equity

0.77

Debt to assets

0.30

Ent. to EBITDA

19.27

Ent. to rev.

3.65

PEG

0.57

Other Fundamentals

EBITDA

2.67B

MarketCap

39.76B

MarketCap(USD)

39.76B

Div. yield

2.50

Op. margin

10.09

Erngs. growth

-63.60

Rev. growth

0.20

Ret. on equity

4.43

Short ratio

2.65

Short perc.

1.25

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

3.43

Range1M

6.70

Range3M

10.27

Volumes: Market Activity

Rel. volume

0.71

Price X volume

152.27M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA19.2726.44Cheaper
Ent. to Revenue3.654.52Par
PE Ratio88.0027.08Expensive
Price to Book3.635.39Cheaper
Dividend Yield2.501.21Leader
Std. Deviation (3M)27.2557.49Lower Risk
Debt to Equity0.770.45Expensive
Debt to Assets0.300.22Expensive
Market Cap39.76B6.09BMarket Leader
  • 1

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