Corning Incorporated Stock Price and Value Analysis

Should you buy Corning Incorporated stock? (NYSE:GLW). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
  • This company has fluctuating growth.
  • This company has a high dividend yield.
  • This company is very stable.
  • This company is making money at a modest rate.
  • This stock looks fairly priced.

Inside the GLW Numbers

GLW Price
(Corning Incorporated stock price per share)
$38.33
[?] GLW Fair Price
(based on intrinsic value)
$37.79
[?] GLW Safety Price (based on a variable margin of safety) $30.23
[?] PE Ratio versus Sector 65% higher than other Technology stocks
[?] PE Ratio versus Industry 12% lower than other Electronic Components stocks
[?] Cash Yield 8.41%
[?] Free Cash Flow Jitter 32%
[?] Dividend Yield 3%
Shares Shorted 14,598,516

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 14,598,516 shares shorted. With 771,549,706 shares available for purchase and an average trading volume over the past 10 trading days of 3,181,000, it would take at least 4.589 days for all of the short holders to cover their shorts.

Is Corning Incorporated Stock on Sale?

We believe that Corning Incorporated may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Corning Incorporated looks overpriced right now. If you're looking for a bargain in the stock market, you should probably look elsewhere for a great deal. This might still be a great stock to own—but it's not on sale right now.

Should You Buy GLW Stock?

Does Corning Incorporated have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.