Corning, Inc (NYSE: GLW) kicked off on Monday, up 2.95% from the previous trading day, before settling in for the closing price of $51.6. Over the past 52 weeks, GLW has traded in a range of $37.18-$55.33.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -11.42%. While this was happening, its average annual earnings per share was recorded 20.21%. With a float of $782.77 million, this company’s outstanding shares have now reached $810.00 million.
Considering the fact that the conglomerate employs 56300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.97%, operating margin of 10.98%, and the pretax margin is 5.57%.
Corning, Inc (GLW) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Electronic Components Industry. The insider ownership of Corning, Inc is 8.60%, while institutional ownership is 73.52%. The most recent insider transaction that took place on Jun 11 ’25, was worth 1,010,406. In this transaction SVP Emerging Innovations Group of this company sold 20,000 shares at a rate of $50.52, taking the stock ownership to the 54,288 shares. Before that another transaction happened on Jun 11 ’25, when Company’s Officer proposed sale 20,000 for $50.52, making the entire transaction worth $1,010,380.
Corning, Inc (GLW) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 20.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.53% during the next five years compared to -11.42% drop over the previous five years of trading.
Corning, Inc (NYSE: GLW) Trading Performance Indicators
Take a look at Corning, Inc’s (GLW) current performance indicators. Last quarter, stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.35. Likewise, its price to free cash flow for the trailing twelve months is 42.40.
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 2.72 in one year’s time.
Technical Analysis of Corning, Inc (GLW)
Compared to the last year’s volume of 5.66 million, its volume of 4.15 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.84%.
During the past 100 days, Corning, Inc’s (GLW) raw stochastic average was set at 94.73%, which indicates a significant increase from 69.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.85 in the past 14 days, which was lower than the 1.25 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $49.69, while its 200-day Moving Average is $47.98. Nevertheless, the first resistance level for the watch stands at $54.31 in the near term. At $55.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $56.99. If the price goes on to break the first support level at $51.63, it is likely to go to the next support level at $50.13. Now, if the price goes above the second support level, the third support stands at $48.95.
Corning, Inc (NYSE: GLW) Key Stats
The company with the Market Capitalisation of 45.50 billion has total of 856,471K Shares Outstanding. Its annual sales at the moment are 13,118 M in contrast with the sum of 506,000 K annual income. Company’s last quarter sales were recorded 3,452 M and last quarter income was 157,000 K.
