Corning Incorporated which can be found using ticker (GLW) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $40.00 and $29.00 calculating the mean target price we have $35.92. Given that the stocks previous close was at $36.93 this indicates there is a potential downside of -2.7%. The 50 day MA is $33.91 while the 200 day moving average is $31.30. The market cap for the company is 31.57B. The stock price for the company is currently is currently $36.86 USD
The potential market cap would be $30,711,431,257 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 51.19, revenue per share of $14.57 and a 2.85% return on assets.
Corning Incorporated is a materials science technology and innovation company. The Company operates through five segments: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies and Life Sciences. The Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. The Display Technologies segment manufactures glass substrates for flat panel liquid crystal displays and other high-performance display panels. Its Specialty Materials segment is engaged in manufacturing products that provide material formulations for glass, glass ceramics and fluoride crystals to meet demand for customer needs. Its Environmental Technologies segment manufactures ceramic substrates and filters for emission control systems. Its Life Sciences segment manufactures glass and plastic labware, equipment, media, serum and reagents enabling workflow solutions for drug discovery and bioproduction.
