Corning Inc
NYSE:GLW
Intrinsic Value
Corning, Inc. develops and manufactures specialty glass and ceramics. [ Read More ]
The intrinsic value of one
GLW
stock under the Base Case scenario is
40.48
USD.
Compared to the current market price of 31.16 USD,
Corning Inc
is
Undervalued by 23%.
Fundamental Analysis
Balance Sheet Decomposition
Corning Inc
| Current Assets | 6.9B |
| Cash & Short-Term Investments | 1.1B |
| Receivables | 1.7B |
| Other Current Assets | 4B |
| Non-Current Assets | 21.9B |
| PP&E | 15.1B |
| Intangibles | 3.4B |
| Other Non-Current Assets | 3.4B |
| Current Liabilities | 4.8B |
| Accounts Payable | 1.7B |
| Accrued Liabilities | 2.9B |
| Other Current Liabilities | 197M |
| Non-Current Liabilities | 12.1B |
| Long-Term Debt | 6.7B |
| Other Non-Current Liabilities | 5.5B |
GLW Profitability Score
Profitability Due Diligence
Corning Inc's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
Score
Corning Inc's profitability score is 51/100. The higher the profitability score, the more profitable the company is.
GLW Solvency Score
Solvency Due Diligence
Corning Inc's solvency score is 44/100. The higher the solvency score, the more solvent the company is.
Score
Corning Inc's solvency score is 44/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
GLW Price Targets Summary
Corning Inc
According to Wall Street analysts, the average 1-year price target for
GLW
is 37.83 USD
with a low forecast of 30.3 USD and a high forecast of 44.1 USD.
Ownership
GLW Insider Trading
Buy and sell transactions by insiders
During the last 12 months Corning Inc insiders have not bought any shares, and sold 10.5M USD worth of shares. The last transaction was made on May 15, 2023 by Evenson Jeffrey W (Exec. VP & Chief Strategy Off), who sold 637k USD worth of GLW shares.
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
3.5M
USD
|
N/A
|
-3.5M
|
| 6 Months |
8.7M
USD
|
N/A
|
-8.7M
|
| 9 Months |
8.7M
USD
|
N/A
|
-8.7M
|
| 12 Months |
10.5M
USD
|
N/A
|
-10.5M
|
Shareholder Return
GLW Return Decomposition
Main factors of price return
is not available
It is impossible to break down the market cap return as the net margin from 5 years ago is negative.
GLW Price
Corning Inc
| Average Annual Return | 10.88% |
| Standard Deviation of Annual Returns | 7.04% |
| Max Drawdown | -49% |
| Market Capitalization | 25.6B USD |
| Shares Outstanding | 847 232 000 |
| Percentage of Shares Shorted | 0.73% |
Company Profile
Corning Inc
Country
Industry
Market Cap
Dividend Yield
Description
Corning, Inc. develops and manufactures specialty glass and ceramics. The company is headquartered in Corning, New York and currently employs 61,200 full-time employees. The firm operates through five segments: Display Technologies, Optical Communications, Specialty Materials, Environmental Technologies and Life Sciences. The Display Technologies segment manufactures glass substrates for flat panel liquid crystal displays and other high-performance display panels. The Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. The Specialty Materials segment manufactures products that provide more than 150 material formulations for glass, glass ceramics and fluoride crystals. The Environmental Technologies segment manufactures ceramic substrates and filters for automotive and diesel applications. The Life Sciences segment manufactures glass and plastic labware, equipment, media, serum and reagents enabling workflow solutions for drug discovery and bioproduction.
Contact
IPO
Employees
Officers
The intrinsic value of one
GLW
stock under the Base Case scenario is
40.48
USD.
Compared to the current market price of 31.16 USD,
Corning Inc
is
Undervalued by 23%.
Sensibly Priced Quality
Significantly Undervalued
Magic Formula
High Growth
