Corning (NYSE:GLW – Get Free Report) and KVH Industries (NASDAQ:KVHI – Get Free Report) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, earnings, dividends, valuation, risk and institutional ownership.
Analyst Recommendations
This is a breakdown of current recommendations for Corning and KVH Industries, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Corning | 0 | 3 | 11 | 1 | 2.87 |
KVH Industries | 1 | 0 | 0 | 0 | 1.00 |
Corning currently has a consensus target price of $73.00, indicating a potential downside of 13.80%. Given Corning’s stronger consensus rating and higher possible upside, research analysts plainly believe Corning is more favorable than KVH Industries.
Earnings & Valuation
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Corning | $13.12 billion | 5.53 | $506.00 million | $0.94 | 90.10 |
KVH Industries | $113.83 million | 0.97 | -$11.05 million | ($0.32) | -17.78 |
Corning has higher revenue and earnings than KVH Industries. KVH Industries is trading at a lower price-to-earnings ratio than Corning, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Corning and KVH Industries’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Corning | 5.77% | 17.27% | 6.96% |
KVH Industries | -5.83% | -3.41% | -3.04% |
Volatility and Risk
Corning has a beta of 1.14, indicating that its stock price is 14% more volatile than the S&P 500. Comparatively, KVH Industries has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500.
Institutional and Insider Ownership
69.8% of Corning shares are held by institutional investors. Comparatively, 73.7% of KVH Industries shares are held by institutional investors. 0.3% of Corning shares are held by company insiders. Comparatively, 21.1% of KVH Industries shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary
Corning beats KVH Industries on 13 of the 15 factors compared between the two stocks.
About Corning
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are 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, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, 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.
About KVH Industries
KVH Industries, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. The company offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; KVH Link, a crew wellbeing content subscription service with delivery by IP-Mobilecast; and OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals. It also provides TracNet, an integrated hybrid two-way communication terminal with VSAT, 5G/LTE, and shore-based Wi-Fi; TracPhone, a two-way VSAT-only satellite communications system; CommBox, ship-to-shore network management software for maritime communications; CommBox Edge, an advanced maritime network optimization and management solution; Starlink, a companion terminal for TracNet and TracPhone systems; KVH ONE, a global hybrid communication network supporting Internet, VoIP, content delivery, and other; and TracVision, a satellite television antenna system for vessels, recreational vehicles, buses, conversion vans, and automobiles. In addition, the company offers KVH Elite, a streaming service for leisure yachts; KVH OneCare, a services and support for TracNet and TracPhone systems; MOVIElink, a movie distribution solution; MUSIClink, a music and karaoke delivery solution; NEWSlink, a maritime news delivery solution; SPORTSlink, a sporting content delivery solution; TVlink, a television programming delivery solution; and news from home, a digital newspaper service. It sells its mobile communications products through a network of independent retailers, chain stores, distributors, and service providers, as well as to manufacturers of vessels, maritime equipment, and vehicles. The company was founded in 1982 and is headquartered in Middletown, Rhode Island.
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