Corning, Inc (NYSE:GLW) currently has a daily average trading volume of 5.95M but it saw 3129800 shares traded in last market. With a market cap of 43.24B USD, the company’s current market price of $50.49 came rising about 0.02 while comparing to the previous closing price of $50.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.33 and as low as $37.18.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the HSBC Securities which upgraded the stock as “Buy” in its note to investors issued on January 30, 2025, recommending a price target of between $51 and $60 for it. Mizuho upgraded its recommendation for the stock as a “Outperform” from “Neutral” on August 21, 2024 while assigning a price target range of $44-$47. Deutsche Bank also issued its recommendations for the stock as it upgraded the price target for the stock is $46.
Over the week, GLW’s stock price is moving 0.08% up while it is 4.90% when we observe its performance for the past one month. Year-to-date it is 6.25% up and over the past year, the stock is showing an upside performance of 35.54%.
Currently, Corning, Inc’s total number of outstanding shares is 810.00M. Company’s return on investment (ROI) stands at 2.45% and return on equity (ROE) at 4.14%. It has a price to earnings ratio (P/E ratio) of 96.61 while having a 18.65 of forward P/E ratio. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 3.82 while price to sale or P/S ratio amounts to 3.18. Its return on asset (ROA) is 1.65% on average.
