Technology

Sell , Buy or Hold Stock: Corning Incorporated (NYSE:GLW)

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Corning Incorporated (NYSE:GLW) ended its last trade at $22.59 with the move of +0.98%. The company has market value of $23.42B with the total traded volume of 7.06 million. The stock currently has its 52-Week top value of $23.13 and 52-week down value of $16.13. The price to book (P/B) ratio of the company is 1.34. Its previous closing price was recorded at $22.37.

Currently Corning Incorporated (GLW) captured an average recommendation of “ Overweight ” from analysts, according to FactSet data. The stock has been suggested as “Buy” from “7″ Analysts”. “2” rated “Sell” for the company. “8” said the company as a “Hold”. Overweight rating was given by “1” and Underweight rating was given by “1”.

Analysts are expecting that the company to achieve $21.83 Price Target in next 52-weeks, average price is come up through the consensus of analysts. High potential price target is set at $27.00 however minimum price target advised by analysts is $14.50. The Median price target for the stock is measured at $21.50.

Presently, Analysts decided consensus EPS estimate of $0.39 for present quarter and one month ago projected EPS estimate was at $0.38. If we take a look at back 3 month ago, consensus EPS estimate was $0.37.

A current consensus EPS estimate for next quarter is at $0.40 and 3 month ago EPS forecast was $0.38. Have a look at back 1 month ago, consensus EPS forecast was seen at $0.39.

For current fiscal year, most recent EPS estimate is set at $1.42 based on Analyst consensus and three month ago consensus EPS opinions was at $1.36. During period one month ago, consensus EPS forecast was decided at $1.41.

A current consensus EPS projection for next fiscal year is observed at $1.62 and one month ago consensus EPS forecast was at $1.59. Take a look at back three month ago, consensus EPS estimate opinions was decided at $1.55 by analysts.

One Month ago, the stock has gained consensus mean rating of Overweight based on the analysis of brokerage analyst firms polled. 7 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 1. 8 advised the “Hold” rating about this stock. 2 revealed “Sell” signal and “Underweight” rating was declared by 1.

Three Months Ago, Analysts recommended an average brokerage rating of Hold derived from brokerage firms, according to FactSet. 6 said a “Buy Rating” and 1 announced “Overweight Rating”. 8 advised “Hold Rating” regarding the stock. 2 announced “Sell Rating” and 1 disclosed “Underweight Rating”.

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