Corning Incorporated Stock Performance
| GLW Stock | USD 48.67 0.45 0.93% |
On a scale of 0 to 100, Corning Incorporated holds a performance score of 16. The firm shows a Beta (market volatility) of 1.04, which signifies a somewhat significant risk relative to the market. Corning Incorporated returns are very sensitive to returns on the market. As the market goes up or down, Corning Incorporated is expected to follow. Please check Corning Incorporated's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Corning Incorporated's price patterns will revert.
Risk-Adjusted Performance
16 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Corning Incorporated are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain essential indicators, Corning Incorporated showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.93 | Five Day Return (0.67) | Year To Date Return 59.63 | Ten Year Return 132.76 | All Time Return 750.87 |
Forward Dividend Yield 0.023 | Payout Ratio 0.6292 | Last Split Factor 3:1 | Forward Dividend Rate 1.12 | Dividend Date 2024-12-13 |
| Corning Incorporated dividend paid on 27th of September 2024 | 09/27/2024 |
1 | Corning Has Affirmed Its Dividend Of 0.28 | 11/05/2024 |
2 | Corning Incorporated Shares Sold by Amalgamated Bank | 11/07/2024 |
| Corning Incorporated dividend paid on 15th of November 2024 | 11/15/2024 |
4 | Primecap Management Co. CA Decreases Stake in Corning Incorporated | 11/21/2024 |
5 | Cornings retired executive sells 241,954 in stock | 11/22/2024 |
6 | Corning offers bundle of commitments in bid to settle EU antitrust probe | 11/25/2024 |
7 | Rock Point Advisors LLC Has 6 Million Holdings in Corning Incorporated | 11/26/2024 |
8 | Corning Incorporated Rising Demand for AI Data Center Optics Amid EU Competition Investigation | 11/27/2024 |
| Begin Period Cash Flow | 1.7 B |
Corning |
Corning Incorporated Relative Risk vs. Return Landscape
If you would invest 4,043 in Corning Incorporated on September 2, 2024 and sell it today you would earn a total of 824.00 from holding Corning Incorporated or generate 20.38% return on investment over 90 days. Corning Incorporated is generating 0.2999% of daily returns assuming volatility of 1.4036% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than Corning, and above 95% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Corning Incorporated Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Corning Incorporated's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Corning Incorporated, and traders can use it to determine the average amount a Corning Incorporated's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2136
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Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Corning Incorporated is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Corning Incorporated by adding it to a well-diversified portfolio.
Corning Incorporated Fundamentals Growth
Corning Stock prices reflect investors' perceptions of the future prospects and financial health of Corning Incorporated, and Corning Incorporated fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Corning Stock performance.
| Return On Equity | 0.0193 | ||||
| Return On Asset | 0.0275 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 48.4 B | ||||
| Shares Outstanding | 856.21 M | ||||
| Price To Earning | 15.78 X | ||||
| Price To Book | 3.75 X | ||||
| Price To Sales | 3.30 X | ||||
| Revenue | 12.59 B | ||||
| Gross Profit | 4.84 B | ||||
| EBITDA | 890 M | ||||
| Net Income | 648 M | ||||
| Cash And Equivalents | 1.67 B | ||||
| Cash Per Share | 1.93 X | ||||
| Total Debt | 8.48 B | ||||
| Debt To Equity | 0.65 % | ||||
| Current Ratio | 1.51 X | ||||
| Book Value Per Share | 13.64 X | ||||
| Cash Flow From Operations | 2 B | ||||
| Earnings Per Share | 0.19 X | ||||
| Market Capitalization | 41.67 B | ||||
| Total Asset | 28.5 B | ||||
| Retained Earnings | 16.39 B | ||||
| Working Capital | 2.89 B | ||||
| Current Asset | 8.27 B | ||||
| Current Liabilities | 2.81 B | ||||
About Corning Incorporated Performance
Evaluating Corning Incorporated's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Corning Incorporated has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Corning Incorporated has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 112.40 | 66.35 | |
| Return On Tangible Assets | 0.02 | 0.03 | |
| Return On Capital Employed | 0.04 | 0.05 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.05 | 0.05 |
Things to note about Corning Incorporated performance evaluation
Checking the ongoing alerts about Corning Incorporated for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Corning Incorporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Corning Incorporated is unlikely to experience financial distress in the next 2 years | |
| Corning Incorporated has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 Corning Incorporated paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Corning Incorporated Rising Demand for AI Data Center Optics Amid EU Competition Investigation |
- Analyzing Corning Incorporated's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Corning Incorporated's stock is overvalued or undervalued compared to its peers.
- Examining Corning Incorporated's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Corning Incorporated's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Corning Incorporated's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Corning Incorporated's stock. These opinions can provide insight into Corning Incorporated's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Corning Stock Analysis
When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.