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Cogent Communications (CCOI)
NASDAQ:CCOI
Cogent Comms (CCOI) Stock Price & Analysis
332 Followers
CCOI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$54.95 - $84.77
Previous Close$57.88
Volume508.31K
Average Volume (3M)512.67K
Market Cap
$2.84B
Enterprise Value$3.65B
Total Cash (Recent Filing)$75.09M
Total Debt (Recent Filing)$882.57M
Price to Earnings (P/E)2.3
Beta0.75
Next Earnings
Aug 08, 2024EPS Estimate
-$1.28Next Dividend Ex-Date
May 22, 2024Dividend Yield6.47%
Share Statistics
EPS (TTM)25.23
Shares Outstanding49,024,447
10 Day Avg. Volume592,027
30 Day Avg. Volume512,672
Standard Deviation0.09
R-Squared0.05
Alpha0.00676
Financial Highlights & Ratios
Price to Book (P/B)100.36
Price to Sales (P/S)10.66
Price to Cash Flow (P/CF)36.90
P/FCF Ratio527.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.87
Enterprise Value/Gross Profit9.19
Enterprise Value/Ebitda2.22
Forecast
1Y Price Target
$78.60Price Target Upside32.88% Upside
Rating ConsensusHold
Number of Analyst Covering8
Cogent Comms News
PremiumCompany Announcements
Cogent Communications Prices Secured Revenue Notes OfferingBulls Say, Bears Say
Bulls Say
Corporate StrategyManagement is confident in retooling 800 data centers by year-end, indicating progress on strategic initiatives.
Cost ManagementManagement expects to reach a $220MM annualized cost savings run rate, with potential to exceed this target, showcasing efficient cost management.
Revenue Growth PotentialAnalyst highlights Cogent's significant long-term revenue growth potential, with a target revenue run rate of $500MM by year-end 2028.
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.
Revenue RisksPayments from TMUS to CCOI are expected to significantly decrease, which will impact CCOI's revenue and pose a risk to its financial stability.
Salesforce ProductivityA drop in salesforce productivity has been observed, potentially hindering CCOI's revenue acceleration.
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Ownership Overview
10.91% Insiders
23.73% Mutual Funds
57.13% Other Institutional Investors
8.23% 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 Aug 08, 2024 which is in 82 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 6.47%. 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 -2.681%.
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
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10
Analyst Consensus
Hold
Average Price Target:
$78.60 (32.88% Upside)
$78.60 (32.88% 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 $7.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days <0.1%
Last 30 Days ▲ 8.8%
Last 30 Days ▲ 8.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-2.82%
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
▲(32.88% Upside)
Technical Analysis
Best Analysts Covering CCOI
1 Year
1 Year Success Rate
14/23 ratings generated profit
1 Year Average Return
+5.59%
reiterated a buy rating 8 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 +5.59% per trade.
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