Corning Incorporated Net Worth

Corning Incorporated Net Worth Analysis

Corning Incorporated Target Price Consensus

Corning Incorporated Target Price Projection

Corning Incorporated's current and average target prices are 54.30 and 52.33, respectively. The current price of Corning Incorporated is the price at which Corning Incorporated is currently trading. On the other hand, Corning Incorporated's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Corning Incorporated and the information provided on this page.

Know Corning Incorporated's Top Institutional Investors

Note, although Corning Incorporated's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Corning Incorporated's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 46.26 B.

Project Corning Incorporated's profitablity

The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate Corning Incorporated's management efficiency

Corning Incorporated has Return on Asset of 0.0359 % which means that on every $100 spent on assets, it made $0.0359 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0487 %, implying that it generated $0.0487 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 2025. Return On Capital Employed is likely to climb to 0.05 in 2025. 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 1.5 B in 2025, whereas Non Current Assets Total are likely to drop slightly above 12.3 B in 2025.

Corning Incorporated Corporate Filings

Corning Incorporated time-series forecasting models is one of many Corning Incorporated's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Corning Incorporated's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Corning Incorporated Earnings Estimation Breakdown

The calculation of Corning Incorporated's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Corning Incorporated is estimated to be 0.57 with the future projection ranging from a low of 0.555 to a high of 0.59. Please be aware that this consensus of annual earnings estimates for Corning Incorporated is based on EPS before non-recurring items and includes expenses related to employee stock options.

Corning Incorporated Earnings Projection Consensus

Corning Incorporated Earnings History

Earnings estimate consensus by Corning Incorporated analysts from Wall Street is used by the market to judge Corning Incorporated's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Corning Incorporated's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods. At this time, Corning Incorporated's Retained Earnings are fairly stable compared to the past year. Earnings Yield is likely to climb to 0.02 in 2025, whereas Retained Earnings Total Equity is likely to drop slightly above 14.4 B in 2025. Common Stock Shares Outstanding is likely to climb to about 1.1 B in 2025, whereas Net Income Applicable To Common Shares is likely to drop slightly above 480.7 M in 2025.

Hype Prediction Low Estimated High 53.44 54.69 55.94 Details

Intrinsic Valuation Low Real High 48.61 56.63 57.88 Details

Naive Forecast Low Next High 52.87 54.13 55.38 Details

14 Analysts Consensus Low Target High 47.62 52.33 58.09 Details

Note that many institutional investors and large investment bankers can move markets due to the volume of Corning assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Corning Incorporated. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Corning Incorporated's stock price in the short term.

Corning Incorporated Earnings per Share Projection vs Actual

Actual Earning per Share of Corning Incorporated refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Corning Incorporated predict the company's earnings will be in the future. The higher the earnings per share of Corning Incorporated, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Corning Incorporated Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Corning Incorporated, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Corning Incorporated should always be considered in relation to other companies to make a more educated investment decision.

Corning Quarterly Analyst Estimates and Surprise Metrics

Corning Incorporated Corporate Directors

Additional Tools for Corning Stock Analysis