0R2X.L

Corning Incorporated [0R2X.L] Stock Forecast

Q: What is Corning Incorporated stock symbol ?

Corning Incorporated is a US stock, located in Corning of Ny and trading under the symbol 0R2X.L

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0R2X.L Stock Summary

Earnings are expected to rise 19.73% next year

Unstable dividend track record

EPS has been decreasing for the past 3 years (Yearly statements)

EPS has been decreasing for the past 3 quarters (Quarter statements)

0R2X.L has less than 1 year of cash runway

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0R2X.L

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0R2X.L Financial details

Company Rating

Neutral

Market Cap

26.96B

Income

581M

Revenue

12.59B

Book val./share

13.57

Cash/share

2.09

Dividend

1.12

Dividend %

3.66%

Employees

49.8K

Optionable

Shortable

Yes

Earnings

30 Apr 2024

P/E

45.14

Forward P/E

14.41

PEG

-8.03

P/S

2.01

P/B

2.31

P/C

14.89

P/FCF

66.07

Quick Ratio

0.79

Current Ratio

1.7

Debt / Equity

0.66

LT Debt / Equity

0.61

EPS (TTM)

0.68

EPS next Y

2.16

EPS next Q

EPS this Y

-55.77%

EPS next Y

215.71%

EPS next 5Y

224.99%

EPS last 5Y

-11.06%

Revenue last 5Y

1.82%

Revenue Q/Q

-5.64%

EPS Q/Q

-124.74%

SMA20

-3.03%

SMA50

SMA100

14.29%

Inst Own

Inst Trans

ROA

ROE

ROC

0.05%

Gross Margin

33%

Oper. Margin

10%

Profit Margin

Payout

167%

Shs Outstand

Shs Float

Target Price

52W Range

25.295-35.7716

52W High

-11.06%

52W Low

+24.52%

RSI

Rel Volume

0.19

Avg Volume

8.81K

Volume

1.68K

Perf Week

-4.27%

Perf Month

-4.13%

Perf Quarter

13.9%

Perf Half Y

9.3%

Beta

1.089

Volatility

0.48%, 0.46%

Prev Close

-2.41%

Price

31.13

Change

-2.81%

0R2X.L Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	14.82	14.86	16.99	16.77	14.84
Net income per share	1.24	0.67	2.3	1.56	0.69
Operating cash flow per share	2.62	2.86	4.12	3.1	2.36
Free cash flow per share	0.06	1.06	2.14	1.2	0.73
Cash per share	3.14	3.51	2.59	1.98	2.1
Book value per share	16.63	17.42	14.89	14.24	13.62
Tangible book value per share	12.73	12.72	10.84	10.5	11.19
Share holders equity per share	16.63	17.42	14.89	14.24	13.62
Interest debt per share	10.06	10.83	9.03	8.73	9.4
Market cap	22.81B	26.86B	30.83B	26.66B	25.74B
Enterprise value	28.62B	32.88B	36.51B	32.81B	32.44B
P/E ratio	23.76	52.45	16.17	20.26	44.3
Price to sales ratio	1.98	2.37	2.19	1.89	2.04
POCF ratio	11.23	12.32	9.03	10.2	12.84
PFCF ratio	518.33	33.44	17.37	26.37	41.85
P/B Ratio	1.77	2.03	2.5	2.22	2.23
PTB ratio	1.77	2.03	2.5	2.22	2.23
EV to sales	2.49	2.91	2.6	2.32	2.58
Enterprise value over EBITDA	10.23	11.72	10.09	10.22	12.34
EV to operating cash flow	14.09	15.08	10.7	12.55	16.18
EV to free cash flow	650.56	40.95	20.57	32.45	52.75
Earnings yield	0.04	0.02	0.06	0.05	0.02
Free cash flow yield	0	0.03	0.06	0.04	0.02
Debt to equity	0.58	0.6	0.58	0.58	0.66
Debt to assets	0.26	0.26	0.24	0.24	0.27
Net debt to EBITDA	2.08	2.15	1.57	1.91	2.55
Current ratio	2.12	2.12	1.59	1.44	1.67
Interest coverage	4.71	3.85	6.36	5.17	3.83
Income quality	2.12	4.26	1.79	1.99	3.45
Dividend Yield	0.03	0.03	0.03	0.03	0.04
Payout ratio	0.77	1.54	0.46	0.71	1.7
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0.07	0.08	0.07	0.07	0.08
Intangibles to total assets	0.11	0.12	0.12	0.12	0.08
Capex to operating cash flow	-0.98	-0.63	-0.48	-0.61	-0.69
Capex to revenue	-0.17	-0.12	-0.12	-0.11	-0.11
Capex to depreciation	-1.32	-0.91	-1.11	-1.1	-1.02
Stock based compensation to revenue	0	0.02	0.01	0.01	-0.22
Graham number	21.52	16.24	27.78	22.37	14.49
ROIC	0.05	0.05	0.08	0.07	0.05
Return on tangible assets	0.04	0.02	0.07	0.05	0.02
Graham Net	-14.09	-15.55	-15.36	-15.2	-14.55
Working capital	3.94B	4.24B	2.85B	2.28B	2.89B
Tangible asset value	9.88B	9.68B	8.98B	8.85B	9.49B
Net current asset value	-8.44B	-9.32B	-9.95B	-9.77B	-9.42B
Invested capital	0.58	0.6	0.58	0.58	0.66
Average receivables	1.89B	1.98B	2.07B	1.86B	1.65B
Average payables	1.52B	1.38B	1.39B	1.71B	1.64B
Average inventory	2.18B	2.38B	2.46B	2.69B	2.79B
Days sales outstanding	58.26	68.84	51.99	44.43	45.58
Days payables outstanding	74.36	57.42	64.61	69.3	62.62
Days of inventory on hand	108.7	119.24	99.44	111.56	113.88
Receivables turnover	6.27	5.3	7.02	8.21	8.01
Payables turnover	4.91	6.36	5.65	5.27	5.83
Inventory turnover	3.36	3.06	3.67	3.27	3.21
ROE	0.07	0.04	0.15	0.11	0.05
Capex per share	-2.56	-1.81	-1.98	-1.9	-1.64

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	4.02	3.77	3.82	3.73	3.52
Net income per share	-0.04	0.21	0.33	0.19	-0.05
Operating cash flow per share	0.73	-0.06	0.73	0.85	0.84
Free cash flow per share	0.25	-0.51	0.27	0.45	0.51
Cash per share	1.98	1.36	1.81	1.93	2.09
Book value per share	14.24	14.13	13.46	13.45	13.57
Tangible book value per share	10.5	10.44	9.85	9.92	11.15
Share holders equity per share	14.24	14.13	13.46	13.45	13.57
Interest debt per share	8.48	8.33	9.21	9.06	9.08
Market cap	26.66B	29.75B	29.61B	25.93B	25.83B
Enterprise value	32.81B	36.4B	36.63B	32.74B	32.53B
P/E ratio	-185.17	42.26	26.35	39.52	-161.42
Price to sales ratio	7.86	9.36	9.13	8.17	8.63
POCF ratio	43.22	-607.16	47.84	35.91	36.22
PFCF ratio	124.6	-69.03	128.19	68.04	59.51
P/B Ratio	2.22	2.49	2.59	2.27	2.24
PTB ratio	2.22	2.49	2.59	2.27	2.24
EV to sales	9.67	11.45	11.29	10.32	10.87
Enterprise value over EBITDA	81.82	57.69	59.95	56.85	53.16
EV to operating cash flow	53.18	-742.9	59.17	45.35	45.63
EV to free cash flow	153.32	-84.46	158.56	85.94	74.96
Earnings yield	0	0.01	0.01	0.01	0
Free cash flow yield	0.01	-0.01	0.01	0.01	0.02
Debt to equity	0.58	0.58	0.68	0.67	0.66
Debt to assets	0.24	0.24	0.27	0.27	0.27
Net debt to EBITDA	15.33	10.54	11.48	11.84	10.96
Current ratio	1.44	1.44	1.65	1.7	1.67
Interest coverage	0.44	3.82	3.31	2.88	2.97
Income quality	-17.14	-0.28	2.2	4.4	-17.83
Dividend Yield	0.01	0.01	0.01	0.01	0.01
Payout ratio	-6.56	1.36	0.91	1.5	-6.2
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0.08	0.08	0.08	0.09	0.09
Intangibles to total assets	0.12	0.12	0.12	0.12	0.08
Capex to operating cash flow	-0.65	7.8	-0.63	-0.47	-0.39
Capex to revenue	-0.12	-0.12	-0.12	-0.11	-0.09
Capex to depreciation	-1.16	-1.12	-1.13	-1	-0.81
Stock based compensation to revenue	0.01	0.02	0.02	0.02	-0.14
Graham number	3.7	8.14	10.02	7.64	3.79
ROIC	-0.02	0.01	0.01	0.01	0.01
Return on tangible assets	0	0.01	0.01	0.01	0
Graham Net	-15.2	-15.13	-15.05	-14.44	-14.5
Working capital	2.28B	2.1B	2.88B	3.01B	2.89B
Tangible asset value	8.85B	8.81B	8.36B	8.43B	9.49B
Net current asset value	-9.77B	-9.74B	-9.64B	-9.24B	-9.42B
Invested capital	0.58	0.58	0.68	0.67	0.66
Average receivables	1.67B	1.7B	1.68B	1.7B	1.65B
Average payables	1.81B	1.73B	1.59B	1.49B	1.46B
Average inventory	2.93B	2.88B	2.81B	2.71B	2.66B
Days sales outstanding	45.66	47.8	46.46	48.93	47.25
Days payables outstanding	64.05	67.59	60.17	59.71	64.61
Days of inventory on hand	103.1	116.43	109.21	108.66	117.5
Receivables turnover	1.97	1.88	1.94	1.84	1.9
Payables turnover	1.41	1.33	1.5	1.51	1.39
Inventory turnover	0.87	0.77	0.82	0.83	0.77
ROE	0	0.01	0.02	0.01	0
Capex per share	-0.48	-0.45	-0.46	-0.4	-0.33

0R2X.L Dividend History

0R2X.L Frequently Asked Questions

What is Corning Incorporated stock symbol ?

Corning Incorporated is a US stock , located in Corning of Ny and trading under the symbol 0R2X.L

What is Corning Incorporated stock quote today ?

Corning Incorporated stock price is $31.13 today.

Is Corning Incorporated stock public?

Yes, Corning Incorporated is a publicly traded company.

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Company Profile

Volume Average 8.81K
Market Capitalization 26.96B
Employee 49.8K
CEO Mr. Wendell P. Weeks
Headquarters Corning,NY,US
IPO Date 2014-11-05
Website https://www.corning.com

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to businesses, governments, and individuals. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, crystals, precision metrology instruments, software; as well as ultra-thin and ultra-flat glass wafers, substrates, tinted sunglasses, and radiation shielding products. This segment serves various industries, including mobile consumer electronics, semiconductor equipment optics and consumables; aerospace and defense optics; radiation shielding products, sunglasses, and telecommunications components. The company's Environmental Technologies segment offers ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products comprising consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware and equipment under the Corning, Falcon, Pyrex, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.