Corning, Inc (GLW) concluded trading on Thursday at a closing price of $54.2, with 3.9 million shares of worth about $211.24 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.27% during that period and on July 17, 2025 the price saw a gain of about 2.32%. Currently the company’s common shares owned by public are about 810.00M shares, out of which, 782.79M shares are available for trading.
Stock saw a price change of 3.71% in past 5 days and over the past one month there was a price change of 6.73%. Year-to-date (YTD), GLW shares are showing a performance of 18.44% which increased to 14.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.18 but also hit the highest price of $55.33 during that period. The average intraday trading volume for Corning, Inc shares is 4.77 million. The stock is currently trading 3.80% above its 20-day simple moving average (SMA20), while that difference is up 8.04% for SMA50 and it goes to 12.68% higher than SMA200.
Corning, Inc (NYSE: GLW) currently have 810.00M outstanding shares and institutions hold larger chunk of about 73.51% of that.
The stock has a current market capitalization of $46.42B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 103.71, while it has posted earnings per share of $0.52 in the same period. Its PEG reads 6.45 and has Quick Ratio of 1.05 while making debt-to-equity ratio of 0.76. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GLW, volatility over the week remained 2.47% while standing at 1.73% over the month.
Stock’s fiscal year EPS is expected to rise by 20.20% while it is estimated to increase by 15.53% in next year. EPS is likely to grow at an annualized rate of 16.07% for next 5-years, compared to annual growth of -11.42% made by the stock over the past 5-years.
Coverage by HSBC Securities stated Corning, Inc (GLW) stock as a Buy in their note to investors on January 30, 2025, suggesting a price target of $60 for the stock. On August 21, 2024, Mizuho Upgrade their recommendations, while on July 31, 2024, Deutsche Bank Upgrade their ratings for the stock with a price target of $46. Stock get a Hold rating from HSBC Securities on July 09, 2024.
