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.

GLW Free Cash Flow Trend

Free Cash Flow trendline for GLW
Free Cash Flow trendline for Corning Incorporated

Based on historical returns, we believe that Corning Incorporated can grow its free cash at a rate of about 3%. That's positive!

  • This company is very stable.
  • This company has fluctuating growth.
  • This company has an average dividend yield.
  • 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)
[?] GLW Fair Price
(based on intrinsic value)
[?] GLW Safety Price (based on a variable margin of safety) $30.23
[?] PE Ratio versus Sector 321% higher than other Technology stocks
[?] PE Ratio versus Industry 12% lower than other Electronic Components stocks
[?] Cash Yield 9.53%
[?] Free Cash Flow Jitter 31%
[?] Dividend Yield 2%
Shares Shorted 9,493,580

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 9,493,580 shares shorted. With 765,824,591 shares available for purchase and an average trading volume over the past 10 trading days of 5,588,471, it would take at least 1.699 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 like a price in the fair value range. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. See Before You Buy for your next steps.

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.