Corning, Inc (NYSE: GLW) has experienced a decline in its stock price by -1.03 compared to its previous closing price of 41.69. However, the company has seen a gain of 5.61% in its stock price over the last five trading days. seekingalpha.com reported 2025-04-13 that Corning’s diversified business model spans optical communications, display technologies, specialty materials, environmental technologies, and life sciences, driving balanced growth and strong financial performance. The “Springboard” strategic plan aims to accelerate revenue and achieve a 20% operating margin, with significant contributions from optics and specialty materials. Corning’s financial health is robust, with controlled costs, strong EBITDA, and a moderate debt burden, supporting ongoing investments and shareholder returns.
Is It Worth Investing in Corning, Inc (NYSE: GLW) Right Now?
The price-to-earnings ratio for Corning, Inc (NYSE: GLW) is 70.67x, which is above its average ratio. Moreover, the 36-month beta value for GLW is 1.09. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for GLW is 782.70M and currently, short sellers hold a 1.36% of that float. On April 14, 2025, GLW’s average trading volume was 6.55M shares.
GLW’s Market Performance
GLW’s stock has seen a 5.61% increase for the week, with a -9.52% drop in the past month and a -12.44% fall in the past quarter. The volatility ratio for the week is 8.26%, and the volatility levels for the past 30 days are at 4.70% for Corning, Inc The simple moving average for the last 20 days is -8.59% for GLW’s stock, with a simple moving average of -10.12% for the last 200 days.
Analysts’ Opinion of GLW
Many brokerage firms have already submitted their reports for GLW stocks, with HSBC Securities repeating the rating for GLW by listing it as a “Buy.” The predicted price for GLW in the upcoming period, according to HSBC Securities is $60 based on the research report published on January 30, 2025 of the current year 2025.
Mizuho, on the other hand, stated in their research note that they expect to see GLW reach a price target of $47, previously predicting the price at $44. The rating they have provided for GLW stocks is “Outperform” according to the report published on August 21st, 2024.
Deutsche Bank gave a rating of “Buy” to GLW, setting the target price at $46 in the report published on July 31st of the previous year.
GLW Trading at -14.03% from the 50-Day Moving Average
After a stumble in the market that brought GLW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.43% of loss for the given period.
Volatility was left at 4.70%, however, over the last 30 days, the volatility rate increased by 8.26%, as shares sank -11.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.46% lower at present.
During the last 5 trading sessions, GLW rose by +5.61%, which changed the moving average for the period of 200-days by +3.75% in comparison to the 20-day moving average, which settled at $45.14. In addition, Corning, Inc saw -13.17% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GLW starting from WEEKS WENDELL P, who sale 55,831 shares at the price of $50.11 back on Feb 28 ’25. After this action, WEEKS WENDELL P now owns 762,820 shares of Corning, Inc, valued at $2,797,853 using the latest closing price.
WEEKS WENDELL P, the Chairman and CEO of Corning, Inc, sale 44,169 shares at $50.04 during a trade that took place back on Feb 27 ’25, which means that WEEKS WENDELL P is holding 818,651 shares at $2,210,111 based on the most recent closing price.
Stock Fundamentals for GLW
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.32 for the gross margin
The net margin for Corning, Inc stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 4.55, with 1.80 for asset returns.
Based on Corning, Inc (GLW), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 3.96.
Currently, EBITDA for the company is 2.49 billion with net debt to EBITDA at 2.76. When we switch over and look at the enterprise to sales, we see a ratio of 3.18. The receivables turnover for the company is 6.39for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
To wrap up, the performance of Corning, Inc (GLW) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
