Corning Incorporated (NYSE:GLW) has industry P/E ratio of 21.76

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Quarterly Sales and EPS Roundup:

Corning Incorporated (GLW) reported sales (ttm) of 9.72 Billion, whereas, 13 number of analysts estimated the mean sale of 2598.11 million. The analysts estimated sales for the higher end at 2674.9 million and lower end at 2478 million while the year ago reported sale was 2596.38 million.

13 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 2592.37 million while high and low sale targets are estimated at 2649.7 million and 2492.79 million respectively.

Corning Incorporated (GLW) reported earning per shares for the quarter ending Jul 26 BMO, whereas, 16 number of analysts estimated the mean EPS at 0.45. The analysts estimated EPS for the higher end at 0.48 and lower end at 0.41 while the year ago reported earnings per share was 0.43.

The company has mean EPS estimate of 0.51 reported by 16 number of analyst for the quarter ending Current Qtr.(Jun2017). The analysts estimated mean EPS at 0.51 while the high and low EPS estimate stand at 0.53 and 0.47 respectively. In contrast to the year ago quarter EPS was at 0.42. EPS long term mean growth rate estimated by 2 analysts is at 10.15%, whereas, the high and low Long term growth rate estimated at 10.29 and 10.

Valuation Ratios of Corning Incorporated (GLW) versus the Industry and Sector:

Let’s have a look at some of the important valuation ratios of the Corning Incorporated (GLW). These ratios are important while doing valuation of the company or the shares of the company.

Corning Incorporated (GLW) currently has P/E (Price to Earnings) ratio of 8.52 while the company’s industry has 21.76 P/E and the sector P/E is 18.41. Similarly, the company’s last 5 years high P/E ratio is 18.33 and low P/E is 7.51, whereas, the industry’s and sector’s  high P/E for the past year is 23 and 22.85 respectively and low P/E ratio for the last 5 years is 10.47 for the industry and 9.68 for the Sector.

Beta is also an important valuation ratio for analyzing the stock of the company, GLW has Beta of 1.41 while its industry and Sector’s beta remains at 0.76 and 1.3 respectively.

Price to Sale ratio of GLW stands at 2.94 while Price to Book Ratio stands at 1.79. Its Price to Cash Flow ratio shows the value of 5.47, whereas, the industry and sector ratio of Price to Cash Flow ticked at 9.44 and 14.93 respectively.

5 Year Growth Rate Analysis:

Growth rates are very important while analyzing the long term growth and valuation of a certain company.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Corning Incorporated (GLW) stands at 3.54 while the industry’s and the sector’s growth for next 5 years ticked at 9.68 and 5 respectively. The company’s 5 year Earnings per share growth and Capital Spending growth remains at 12.66 and -14.21.

Corning Incorporated (GLW) Trading Statistics:

The company surged 0.81% and closed its last trading session at $30.82. The market capitalization of the company is at $28.74 Billion. The stock touched 52-week High of $30.97 on 07/14/17 and 52-week Low of $20.76 on 07/27/16. The stock currently has Weekly Volatility of 1.30% and Monthly Volatility of 1.40%. The Beta for the company stands at 1.41 and its Average True Range (ATR) shows a value of 0.46.

 

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