Corning Incorporated Net Worth
Corning Incorporated Net Worth Breakdown | GLW |
Corning Incorporated Net Worth Analysis
Corning Incorporated's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Corning Incorporated's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Corning Incorporated's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Corning Incorporated's net worth analysis. One common approach is to calculate Corning Incorporated's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Corning Incorporated's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Corning Incorporated's net worth. This approach calculates the present value of Corning Incorporated's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Corning Incorporated's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Corning Incorporated's net worth. This involves comparing Corning Incorporated's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Corning Incorporated's net worth relative to its peers.
Enterprise Value |
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To determine if Corning Incorporated is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Corning Incorporated's net worth research are outlined below:
| Corning Incorporated is unlikely to experience financial distress in the next 2 years | |
| Corning Incorporated has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| On 15th of November 2024 Corning Incorporated paid $ 0.28 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Cornings AI Surge Key Meeting with China Amid Rising US Tensions |
Corning Incorporated Quarterly Good Will |
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Corning Incorporated uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Corning Incorporated. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Corning Incorporated's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Corning Incorporated's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Corning Incorporated is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Corning Incorporated backward and forwards among themselves. Corning Incorporated's institutional investor refers to the entity that pools money to purchase Corning Incorporated's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2024-06-30 | 13.3 M | Northern Trust Corp | 2024-09-30 | 10.7 M | Norges Bank | 2024-06-30 | 10.1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 9.7 M | Primecap Management Company | 2024-09-30 | 8.6 M | Amvescap Plc. | 2024-06-30 | 7.9 M | Fidelity International Ltd | 2024-06-30 | 7.3 M | Bank Of New York Mellon Corp | 2024-06-30 | 7.1 M | Legal & General Group Plc | 2024-06-30 | 6.4 M | Vanguard Group Inc | 2024-09-30 | 99 M | Blackrock Inc | 2024-06-30 | 62.2 M |
Follow Corning Incorporated's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 41.29 B.Market Cap |
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Project Corning Incorporated's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.03 | |
| Return On Capital Employed | 0.04 | 0.05 | |
| Return On Assets | 0.02 | 0.03 | |
| Return On Equity | 0.05 | 0.05 |
When accessing Corning Incorporated's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Corning Incorporated's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Corning Incorporated's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Corning Incorporated's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corning Incorporated. Check Corning Incorporated's Beneish M Score to see the likelihood of Corning Incorporated's management manipulating its earnings.
Evaluate Corning Incorporated's management efficiency
Corning Incorporated has Return on Asset of 0.0275 % which means that on every $100 spent on assets, it made $0.0275 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0193 %, implying that it generated $0.0193 on every 100 dollars invested. Corning Incorporated's management efficiency ratios could be used to measure how well Corning Incorporated manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.03 in 2024. Return On Capital Employed is likely to climb to 0.05 in 2024. At this time, Corning Incorporated's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 1.3 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 12 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 14.00 | 14.70 | |
| Tangible Book Value Per Share | 10.12 | 5.43 | |
| Enterprise Value Over EBITDA | 12.94 | 8.27 | |
| Price Book Value Ratio | 2.24 | 4.20 | |
| Enterprise Value Multiple | 12.94 | 8.27 | |
| Price Fair Value | 2.24 | 4.20 | |
| Enterprise Value | 26.5 B | 27.8 B |
The decision-making processes within Corning Incorporated are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 3.8073 | Revenue 12.6 B | Quarterly Revenue Growth 0.069 | Revenue Per Share 14.806 | Return On Equity 0.0193 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Corning Incorporated insiders, such as employees or executives, is commonly permitted as long as it does not rely on Corning Incorporated's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Corning Incorporated insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
John Bayne over three months ago Disposition of 4189 shares by John Bayne of Corning Incorporated at 20.89 subject to Rule 16b-3 | ||
Michael Bell over three months ago Disposition of 2175 shares by Michael Bell of Corning Incorporated at .0245 subject to Rule 16b-3 | ||
John Zhang over three months ago Disposition of 13652 shares by John Zhang of Corning Incorporated subject to Rule 16b-3 | ||
Eric Musser over six months ago Disposition of 31785 shares by Eric Musser of Corning Incorporated at 31.29 subject to Rule 16b-3 | ||
John Bayne over six months ago Disposition of 2305 shares by John Bayne of Corning Incorporated at 31.73 subject to Rule 16b-3 | ||
Jaymin Amin over six months ago Disposition of 2390 shares by Jaymin Amin of Corning Incorporated at 20.92 subject to Rule 16b-3 | ||
John Zhang over six months ago Exercise or conversion by John Zhang of 4951 shares of Corning Incorporated subject to Rule 16b-3 |
Corning Incorporated Corporate Filings
F4 | 26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 22nd of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 29th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Corning Incorporated Earnings per Share Projection vs Actual
Corning Incorporated Corporate Directors
| Deborah Rieman | Independent Director | Profile | |
| Daniel Huttenlocher | Independent Director | Profile | |
| Kevin Martin | Independent Director | Profile | |
| Deborah Henretta | Independent Director | Profile |
Additional Tools for Corning Stock Analysis
When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.