Corning Incorporated Shares Owned By Insiders vs. Gross Profit
| GLW Stock | USD 48.67 0.45 0.93% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.44 | 0.3123 |
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| Operating Profit Margin | 0.0505 | 0.0707 |
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| Pretax Profit Margin | 0.0779 | 0.0648 |
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For Corning Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Corning Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Corning Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Corning Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Corning Incorporated over time as well as its relative position and ranking within its peers.
Corning |
Corning Incorporated's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corning Incorporated. If investors know Corning will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corning Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Dividend Share 1.12 | Earnings Share 0.19 | Revenue Per Share 14.806 | Quarterly Revenue Growth 0.069 |
The market value of Corning Incorporated is measured differently than its book value, which is the value of Corning that is recorded on the company's balance sheet. Investors also form their own opinion of Corning Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Corning Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corning Incorporated's market value can be influenced by many factors that don't directly affect Corning Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corning Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corning Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corning Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Corning Incorporated Gross Profit vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Corning Incorporated's current stock value. Our valuation model uses many indicators to compare Corning Incorporated value to that of its competitors to determine the firm's financial worth. Corning Incorporated is one of the top stocks in shares owned by insiders category among its peers. It is rated # 2 in gross profit category among its peers fabricating about 540,694,429 of Gross Profit per Shares Owned By Insiders. At this time, Corning Incorporated's Gross Profit is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Corning Incorporated by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Corning Gross Profit vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Corning Incorporated |
| = | 8.96 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Corning Incorporated |
| = | 4.84 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Corning Gross Profit Comparison
Corning Incorporated is currently under evaluation in gross profit category among its peers.
Corning Incorporated Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Corning Incorporated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Corning Incorporated will eventually generate negative long term returns. The profitability progress is the general direction of Corning Incorporated's change in net profit over the period of time. It can combine multiple indicators of Corning Incorporated, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -2 B | -1.9 B | |
| Operating Income | 890 M | 608.9 M | |
| Income Before Tax | 816 M | 895.7 M | |
| Total Other Income Expense Net | -74 M | -70.3 M | |
| Net Income | 648 M | 910.3 M | |
| Income Tax Expense | -168 M | -159.6 M | |
| Net Income Applicable To Common Shares | 1.2 B | 1.4 B | |
| Net Income From Continuing Ops | 648 M | 1.2 B | |
| Non Operating Income Net Other | 270 M | 256.5 M | |
| Interest Income | 38 M | 42.7 M | |
| Net Interest Income | -291 M | -305.6 M | |
| Change To Netincome | 524.4 M | 550.6 M | |
| Net Income Per Share | 0.69 | 0.50 | |
| Income Quality | 3.09 | 3.25 | |
| Net Income Per E B T | 0.71 | 0.62 |
Corning Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Corning Incorporated. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Corning Incorporated position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Corning Incorporated's important profitability drivers and their relationship over time.
Use Corning Incorporated in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corning Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corning Incorporated will appreciate offsetting losses from the drop in the long position's value.Corning Incorporated Pair Trading
Corning Incorporated Pair Trading Analysis
The ability to find closely correlated positions to Corning Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corning Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corning Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corning Incorporated to buy it.
The correlation of Corning Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corning Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corning Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corning Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Corning Incorporated position
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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.