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Cogent Communications (CCOI)
NASDAQ:CCOI
Cogent Comms (CCOI) Stock Price & Analysis
338 Followers
CCOI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.06 - $83.38
Previous Close$59.14
Volume284.56K
Average Volume (3M)515.56K
Market Cap
$2.87B
Enterprise Value$3.67B
Total Cash (Recent Filing)$75.09M
Total Debt (Recent Filing)$882.57M
Price to Earnings (P/E)2.3
Beta0.74
Next Earnings
Aug 08, 2024EPS Estimate
-$1.28Last Dividend Ex-Date
May 22, 2024Dividend Yield6.5%
Share Statistics
EPS (TTM)25.23
Shares Outstanding49,024,447
10 Day Avg. Volume479,310
30 Day Avg. Volume515,561
Standard Deviation0.09
R-Squared0.05
Alpha0.00676
Financial Highlights & Ratios
Price to Book (P/B)101.42
Price to Sales (P/S)10.65
Price to Cash Flow (P/CF)37.30
P/FCF Ratio532.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.91
Enterprise Value/Gross Profit9.26
Enterprise Value/Ebitda2.24
Forecast
1Y Price Target
$78.60Price Target Upside32.90% Upside
Rating ConsensusHold
Number of Analyst Covering8
Cogent Comms News
Bulls Say, Bears Say
Bulls Say
Business StrategyManagement is confident in retooling 800 data centers, signaling progress on strategic initiatives.
Cost ManagementManagement expects to achieve substantial annualized cost savings, with potential to surpass initial targets.
Revenue GrowthAnalyst recognizes a significant revenue growth opportunity, with a substantial target set for the coming years.
Bears Say
Financial PerformanceThe integration of Sprint has led to a decrease in 'organic' EBITDA and challenges in free cash flow, indicating a tough financial period for Cogent Communications.
Operational EfficiencyA drop in salesforce productivity has been observed, potentially hindering CCOI's revenue acceleration.
Revenue RiskPayments from TMUS to CCOI are expected to significantly decrease, which will impact CCOI's revenue and pose a risk to its financial stability.
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Ownership Overview
10.90% Insiders
23.73% Mutual Funds
57.13% Other Institutional Investors
8.24% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CCOI FAQ
What was Cogent Communications’s price range in the past 12 months?
Cogent Communications lowest stock price was $54.05 and its highest was $83.38 in the past 12 months.
What is Cogent Communications’s market cap?
Currently, no data Available
When is Cogent Communications’s upcoming earnings report date?
Cogent Communications’s upcoming earnings report date is Aug 08, 2024 which is in 75 days.
How were Cogent Communications’s earnings last quarter?
Cogent Communications released its earnings results on May 09, 2024. The company reported -$1.38 earnings per share for the quarter, missing the consensus estimate of -$1.17 by -$0.21.
Is Cogent Communications overvalued?
According to Wall Street analysts Cogent Communications’s price is currently Undervalued.
Does Cogent Communications pay dividends?
Cogent Communications pays a Quarterly dividend of $0.97 which represents an annual dividend yield of 6.5%. See more information on Cogent Communications dividends here
What is Cogent Communications’s EPS estimate?
Cogent Communications’s EPS estimate is -$1.28.
How many shares outstanding does Cogent Communications have?
Cogent Communications has 49,024,450 shares outstanding.
What happened to Cogent Communications’s price movement after its last earnings report?
Cogent Communications reported an EPS of -$1.38 in its last earnings report, missing expectations of -$1.17. Following the earnings report the stock price went down -2.694%.
Which hedge fund is a major shareholder of Cogent Communications?
Among the largest hedge funds holding Cogent Communications’s share is EdgePoint Investment Group Inc.. It holds Cogent Communications’s shares valued at 69M.
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Cogent Comms Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$78.60 (32.90% Upside)
$78.60 (32.90% Upside)
Blogger Sentiment
Bullish
CCOI Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 998.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 8.5%
Last 30 Days ▲ 8.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.25%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
215.04%
Trailing 12-Months
Company Description
Cogent Communications
Cogent Communications Holdings, Inc. engages in the provision of internet access and Internet Protocol communications services. It offers internet access and data transport through its fiber optic, IP data-only network, ethernet transport, and colocation services. The company was founded by David Schaeffer in August 1999 and is headquartered in Washington, DC.
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CCOI Company Deck
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CCOI Earnings Call
Q1 2024
0:00 / 0:00
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CCOI Stock 12 Month Forecast
Average Price Target
$78.60
▲(32.90% Upside)
Technical Analysis
Best Analysts Covering CCOI
1 Year
1 Year Success Rate
14/23 ratings generated profit
1 Year Average Return
+6.30%
reiterated a buy rating 16 days ago
Copying Timothy Horan's trades and holding each position for 1 Year would result in 60.87% of your transactions generating a profit, with an average return of +6.30% per trade.
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