Corning, Inc (GLW)’s Market Momentum: Closing Strong at 64.98%, Down $-1.20

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As of close of business last night, Corning, Inc’s stock clocked out at $64.98%, Down $-1.20% from its previous closing price of $65.77. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 5.69 million shares were traded. GLW stock price reached its highest trading level at $65.755 during the session, while it also had its lowest trading level at $64.82.

Ratios:

To gain a deeper understanding of GLW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.68.

On January 30, 2025, HSBC Securities Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $51 to $60.

Mizuho Upgraded its Neutral to Outperform on August 21, 2024, whereas the target price for the stock was revised from $44 to $47.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 11 ’25 when Eric Musser bought 18,850 shares for $65.31 per share.

WEEKS WENDELL P sold 82,103 shares of GLW for $5,351,933 on Aug 07 ’25. The Chairman and CEO now owns 809,295 shares after completing the transaction at $65.19 per share. On Aug 07 ’25, another insider, Musser Eric S, who serves as the President of the company, sold 20,000 shares for $65.88 each. As a result, the insider received 1,317,576 and left with 163,130 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLW now has a Market Capitalization of 55663104000 and an Enterprise Value of 63100084224. As of this moment, Corning,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 68.80, and their Forward P/E ratio for the next fiscal year is 22.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.92 while its Price-to-Book (P/B) ratio in mrq is 4.73. Its current Enterprise Value per Revenue stands at 4.442 whereas that against EBITDA is 19.812.

Stock Price History:

The Beta on a monthly basis for GLW is 1.08, which has changed by 0.6338949 over the last 52 weeks, in comparison to a change of 0.17279088 over the same period for the S&P500. Over the past 52 weeks, GLW has reached a high of $66.50, while it has fallen to a 52-week low of $37.31. The 50-Day Moving Average of the stock is 19.41%, while the 200-Day Moving Average is calculated to be 31.75%.

Shares Statistics:

It appears that GLW traded 5.07M shares on average per day over the past three months and 7485080 shares per day over the past ten days. A total of 809.00M shares are outstanding, with a floating share count of 783.00M. Insiders hold about 8.59% of the company’s shares, while institutions hold 73.82% stake in the company. Shares short for GLW as of 1752537600 were 12707145 with a Short Ratio of 2.51, compared to 1749772800 on 13073036. Therefore, it implies a Short% of Shares Outstanding of 12707145 and a Short% of Float of 1.68.

Dividends & Splits

With its trailing 12-month dividend rate of 1.12, GLW has a forward annual dividend rate of 1.12. Against a Trailing Annual Dividend Yield of 0.017029041The stock’s 5-year Average Dividend Yield is 2.8. The current Payout Ratio is 192.34% for GLW, which recently paid a dividend on 2025-05-30 with an ex-dividend date of 2025-08-29. Stock splits for the company last occurred on 2000-10-04 when the company split stock in a 3:1 ratio.

Earnings Estimates

The current market rating for Corning, Inc (GLW) reflects the collective analysis of 9.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.67, with high estimates of $0.7 and low estimates of $0.64.

Analysts are recommending an EPS of between $2.51 and $2.44 for the fiscal current year, implying an average EPS of $2.47. EPS for the following year is $2.86, with 12.0 analysts recommending between $3.0 and $2.66.

Revenue Estimates

In the current quarter, 7 analysts expect revenue to total $4.21B. It ranges from a high estimate of $4.23B to a low estimate of $4.2B. As of the current estimate, Corning, Inc’s year-ago sales were $3.73BFor the next quarter, 7 analysts are estimating revenue of $4.23B. There is a high estimate of $4.33B for the next quarter, whereas the lowest estimate is $4.13B.

A total of 8 analysts have provided revenue estimates for GLW’s current fiscal year. The highest revenue estimate was $16.28B, while the lowest revenue estimate was $16.05B, resulting in an average revenue estimate of $16.15B. In the same quarter a year ago, actual revenue was $14.47BBased on 8 analysts’ estimates, the company’s revenue will be $17.64B in the next fiscal year. The high estimate is $18.31B and the low estimate is $17.02B.

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