In the past week, GLW stock has gone up by 0.60%, with a monthly gain of 14.98% and a quarterly plunge of -16.03%. The volatility ratio for the week is 1.52%, and the volatility levels for the last 30 days are 3.13% for Corning, Inc The simple moving average for the last 20 days is 4.02% for GLW stock, with a simple moving average of -2.06% for the last 200 days.
Is It Worth Investing in Corning, Inc (NYSE: GLW) Right Now?
Corning, Inc (NYSE: GLW) has a price-to-earnings ratio that is above its average at 86.20x. The stock has a 36-month beta value of 1.08. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for GLW is 782.09M, and at present, short sellers hold a 1.42% of that float. On May 09, 2025, the average trading volume of GLW was 6.20M shares.
GLW) stock’s latest price update
Corning, Inc (NYSE: GLW)’s stock price has increased by 0.45 compared to its previous closing price of 44.85. However, the company has seen a 0.60% increase in its stock price over the last five trading sessions. businesswire.com reported 2025-05-01 that CORNING, N.Y.–(BUSINESS WIRE)–Corning Incorporated’s (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on June 27, 2025, to shareholders of record on May 30, 2025. Caution Concerning Forward-Looking Statements The statements contained in this release and related comments by management that are not historical facts or information and contain words such as “will,” “believe,” “anticipate,” “expect,” “intend,” “plan,” “seek,” “see,.
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 0.29% 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 -18.58% of loss for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares surge +4.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.92% lower at present.
During the last 5 trading sessions, GLW rose by +0.60%, which changed the moving average for the period of 200-days by +1.67% in comparison to the 20-day moving average, which settled at $43.31. In addition, Corning, Inc saw -5.20% 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 Bell Michael Alan, who sale 20,262 shares at the price of $44.06 back on Apr 30 ’25. After this action, Bell Michael Alan now owns 0 shares of Corning, Inc, valued at $892,768 using the latest closing price.
Michael Bell, the Officer of Corning, Inc, proposed sale 20,262 shares at $44.05 during a trade that took place back on Apr 30 ’25, which means that Michael Bell is holding shares at $892,637 based on the most recent closing price.
Stock Fundamentals for GLW
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.33 for the gross margin
The net margin for Corning, Inc stands at 0.03. The total capital return value is set at 0.07. Equity return is now at value 4.14, with 1.65 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 4.55.
Currently, EBITDA for the company is 2.49 billion with net debt to EBITDA at 2.91. When we switch over and look at the enterprise to sales, we see a ratio of 3.34. The receivables turnover for the company is 6.65for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To sum up, Corning, Inc (GLW) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
