On Monday, Corning, Inc (NYSE: GLW) was 4.19% up from the session before settling in for the closing price of $45.08. A 52-week range for GLW has been $34.08 – $55.33.
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A company in the Technology sector has jumped its sales by 3.32% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 20.09%. With a float of $782.09 million, this company’s outstanding shares have now reached $810.00 million.
In an organization with 56300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 32.97%, operating margin of 10.98%, and the pretax margin is 5.57%.
Corning, Inc (GLW) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Corning, Inc stocks. The insider ownership of Corning, Inc is 8.68%, while institutional ownership is 73.27%. The most recent insider transaction that took place on May 12 ’25, was worth 375,288. Before that another transaction happened on Apr 30 ’25, when Company’s Retired Sr VP & GM, Opt Comm. sold 20,262 for $44.06, making the entire transaction worth $892,768. This insider now owns 0 shares in total.
Corning, Inc (GLW) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 20.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.60% during the next five years compared to -11.42% drop over the previous five years of trading.
Corning, Inc (NYSE: GLW) Trading Performance Indicators
You can see what Corning, Inc (GLW) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.96. Likewise, its price to free cash flow for the trailing twelve months is 37.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 2.71 in one year’s time.
Technical Analysis of Corning, Inc (GLW)
Let’s dig in a bit further. During the last 5-days, its volume was 3.25 million. That was inferior than the volume of 6.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.20%. Additionally, its Average True Range was 1.47.
During the past 100 days, Corning, Inc’s (GLW) raw stochastic average was set at 53.61%, which indicates a significant decrease from 93.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.31% in the past 14 days, which was lower than the 40.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.78, while its 200-day Moving Average is $46.02. However, in the short run, Corning, Inc’s stock first resistance to watch stands at $47.41. Second resistance stands at $47.85. The third major resistance level sits at $48.38. If the price goes on to break the first support level at $46.44, it is likely to go to the next support level at $45.90. Assuming the price breaks the second support level, the third support level stands at $45.46.
Corning, Inc (NYSE: GLW) Key Stats
There are 856,471K outstanding shares of the company, which has a market capitalization of 40.23 billion. As of now, sales total 13,118 M while income totals 506,000 K. Its latest quarter income was 3,452 M while its last quarter net income were 157,000 K.
