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Corning Inc (NYSE:GLW) shares traded -3.24% down during most recent session to reach at the closing price of $28.64. The stock exchanged hands 6.32 Million shares versus average trading capacity of 6.17 Million shares, yielding a market cap of $26.36 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $29.03 within the next 52-weeks. The mean target projections are based on 15 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Corning Inc (NYSE:GLW) high  price target $34 and with a conservative view have low price target $17.5.

Citigroup “Downgrades” Corning Inc (NYSE:GLW) in a research note issued to investors on 3/31/17 to Neutral with price target $29.

Additionally on 3/14/17 Goldman Sachs “Downgrades” Corning Inc (NYSE:GLW) to Neutral setting price target at $0 and on 2/01/17 Bernstein “Downgrades” the stock to Market Perform at $0. Furthermore on 1/04/17 Guggenheim “Initiates Coverage On” the stock to Buy at $28.

On the other hand the company has Relative Strength Index (RSI 14) of 52.66 along with Average True Range (ATR 14) of 0.46, Consequently Corning Inc (NYSE:GLW)’s weekly and monthly volatility is 1.73%, 1.42% respectively. The company’s beta value is at 1.36.

In terms of Buy, Sell or Hold recommendations, Corning Inc (NYSE:GLW) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Corning Inc (NYSE:GLW)’s minimum EPS for the current quarter is at $0.38 and can go high up to $0.42. The consensus mean EPS for the current quarter is at $0.4 derived from a total of 16 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.37 earnings per share for the same quarter during last year.

Previously Corning Inc (NYSE:GLW) reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The company posted an earnings surprise of 11.4%.

While considering growth estimates of the company, it has next quarter growth estimates of 7.1% whereas during current quarter it has 8.1% estimations over growth, comparing to the estimations of 12.9% during current year and 6.9% for next year. Past 5 years growth of Corning Inc (NYSE:GLW) observed at 5.59%, looking forward for the next 5 years it has a strong prediction of 9.36% over growth.

Corning Inc (NYSE:GLW)’s revenue estimates for the current quarter are $2.54 Billion according to 13 number of analysts, for the current quarter the company has high revenue estimates of $2.58 Billion in contradiction of low revenue estimates of $2.46 Billion. For the current year the company’s revenue estimates are $10.21 Billion compared to low analyst estimates of $9.98 Billion and high estimates of $10.37 Billion according to 14 number of analysts.

Currently Corning Inc (NYSE:GLW)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 78.4%. However the six-month change in the insider ownership was recorded -58.56%, as well as three-month change in the institutional ownership was recorded -1.39%.

Corning Inc (NYSE:GLW) 52-week high price stands at $29.72 and low price stands at $18.30, its price distance from 52-week high is -3.63% while its distance from 52-week low price is 56.48%. The stock hit its 52-week high on 05/16/17, and 52-week low on 05/19/16.

Corning Inc (NYSE:GLW)’s trailing twelve month revenues are $9.72 Billion, whereas its price to sales ratio for the same period is 2.73. Its book value per share for the most recent quarter is $17.31 while its price to book ratio for the same period is 1.65, as for as the company’s cash per share for the most recent quarter is $5.27, however its price to cash per share ratio for the same period is 5.44. The stock has 5 year expected PEG ratio of 0.84 whereas its trailing twelve month P/E ratio is 7.86.