Company Overview
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.
Company Information
- CEO
- Wendell P. Weeks
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Employees
- 56300
Contact Information
- Website
- https://www.corning.com
- Address
- One Riverfront Plaza
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Technology leader with 56.16B market capitalization
- Trading Volume: 1.30M shares traded today
- Price Range: 52-week range of $37.31 - $66.50
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Corning Incorporated
Corning Incorporated (GLW) operates in the Hardware, Equipment & Parts industry within the Technology sector. With a current market capitalization of 56.16B, the company represents a significant player in its market. The stock is currently trading at $65.56 with a positivedaily change of 0.18%.
The company's 56300 employee base and presence on the New York Stock Exchangeexchange position it as a Technology sector leader. Investors should consider the stock's P/E ratio of 69.74, beta of 1.06, and 52-week price range from $37.31 to $66.50when evaluating investment opportunities.
Why Invest in Corning Incorporated?
Strengths
- • Established market presence in Technology
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Wendell P. Weeks
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Technology Sector
The Technology sector includes companies that develop and provide technology products and services, including software, hardware, and digital solutions.