Corning Incorporated with ticker code (GLW) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $40.00 and $29.00 suggesting an average Analsyt target price of $34.70. Given that the stocks previous close was at $32.03 this would indicate that there is a potential upside of 8.3%. The day 50 moving average is $30.77 and the 200 day moving average is $31.08. The company has a market cap of 27.23B. The stock price is currently at: $31.91 USD
The potential market cap would be $29,504,593,364 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 46.93, revenue per share of $14.84 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.
