Corning, Inc (NYSE: GLW) on Tuesday, plunged -1.04% from the previous trading day, before settling in for the closing price of $85.5. Within the past 52 weeks, GLW’s price has moved between $37.31 and $87.78.
A company in the Technology sector has dropped its sales by -11.42% annually for the last half of the decade. The company achieved an average annual earnings per share of 26.76%. With a float of $786.20 million, this company’s outstanding shares have now reached $809.00 million.
In an organization with 56300 employees, it is important to assess its efficiency.
Corning, Inc (GLW) Insider and Institutional Ownership
Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Corning, Inc is 8.22%, while institutional ownership is 74.77%. The most recent insider transaction that took place on Sep 17 ’25, was worth 1,367,698. In this transaction SVP and Chief Tech. Officer of this company sold 17,721 shares at a rate of $77.18, taking the stock ownership to the 88,722 shares. Before that another transaction happened on Sep 17 ’25, when Company’s Officer proposed sale 17,721 for $77.18, making the entire transaction worth $1,367,672.
Corning, Inc (GLW) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.54 earnings per share (EPS) for the period topping the consensus outlook (set at 0.52) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.92% during the next five years compared to -11.42% drop over the previous five years of trading.
Corning, Inc (NYSE: GLW) Trading Performance Indicators
Corning, Inc (GLW) is currently performing well based on its current performance indicators. A quick ratio of 0.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.10. Likewise, its price to free cash flow for the trailing twelve months is 60.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.94, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 2.91 in one year’s time.
