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Cogent Communications (CCOI)
NASDAQ:CCOI
Cogent Comms (CCOI) Stock Price & Analysis
317 Followers
CCOI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.95 - $84.77
Previous Close$61.95
Volume30.68K
Average Volume (3M)447.92K
Market Cap
$2.97B
Enterprise Value$3.75B
Total Cash (Recent Filing)$75.09M
Total Debt (Recent Filing)$882.57M
Price to Earnings (P/E)2.3
Beta0.81
Next Earnings
May 02, 2024EPS Estimate
-$1.17Next Dividend Ex-DateN/A
Dividend Yield6.04%
Share Statistics
EPS (TTM)26.74
Shares Outstanding47,425,367
10 Day Avg. Volume451,806
30 Day Avg. Volume447,922
Standard Deviation0.09
R-Squared0.05
Alpha0.00686
Financial Highlights & Ratios
Price to Book (P/B)21.83
Price to Sales (P/S)10.80
Price to Cash Flow (P/CF)-15.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.98
Enterprise Value/Gross Profit9.44
Enterprise Value/Ebitda2.88
Forecast
1Y Price Target
$81.71Price Target Upside30.44% Upside
Rating ConsensusHold
Number of Analyst Covering8
Cogent Comms News
Bulls Say, Bears Say
Bulls Say
Cost SavingsManagement expects to reach a $220MM annualized cost savings run rate and potentially exceed this target.
Infrastructure ExpansionManagement is confident in retooling 800 data centers by year-end, indicating progress on Waves.
Long-term StabilityThe long-term story remains steady despite short-term noise from one-time costs and valuation adjustments.
Bears Say
Cash Flow And LeverageDespite cost synergy efforts, the outlook for free cash flow remains uncertain, with potential increases in leverage as the company continues to pay dividends.
Financial StabilityPayments from TMUS to CCOI are expected to significantly decrease, impacting CCOI's revenue and posing a risk to its financial stability.
Operational EfficiencyA drop in salesforce productivity has been observed, potentially hindering CCOI's revenue acceleration.
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Ownership Overview
11.38% Insiders
24.54% Mutual Funds
26.57% Other Institutional Investors
37.51% 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 $54.95 and its highest was $84.77 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 May 02, 2024 which is in 14 days.
How were Cogent Communications’s earnings last quarter?
Cogent Communications released its earnings results on Feb 29, 2024. The company reported $4.17 earnings per share for the quarter, beating the consensus estimate of -$1.013 by $5.183.
Is Cogent Communications overvalued?
According to Wall Street analysts Cogent Communications’s price is currently Undervalued.
Does Cogent Communications pay dividends?
Cogent Communications does not currently pay dividends.
What is Cogent Communications’s EPS estimate?
Cogent Communications’s EPS estimate is -$1.17.
How many shares outstanding does Cogent Communications have?
Cogent Communications has 47,425,365 shares outstanding.
What happened to Cogent Communications’s price movement after its last earnings report?
Cogent Communications reported an EPS of $4.17 in its last earnings report, beating expectations of -$1.013. Following the earnings report the stock price went up 0.239%.
Which hedge fund is a major shareholder of Cogent Communications?
Among the largest hedge funds holding Cogent Communications’s share is MIG Capital, Llc. It holds Cogent Communications’s shares valued at 62M.
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Cogent Comms Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$81.71 (30.44% Upside)
$81.71 (30.44% Upside)
Blogger Sentiment
Bullish
CCOI Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 197.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.29%
12-Months-Change
Fundamentals
Return on Equity
2801.11%
Trailing 12-Months
Asset Growth
243.88%
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 Earnings Call
Q4 2024
0:00 / 0:00
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CCOI Stock 12 Months Forecast
Average Price Target
$81.71
▲(30.44% Upside)
Technical Analysis
Best Analysts Covering CCOI
1 Year
1 Year Success Rate
7/9 ratings generated profit
1 Year Average Return
+7.92%
reiterated a buy rating last month
Copying Nick Del Deo's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +7.92% per trade.
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