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Cogent Communications (CCOI)
NASDAQ:CCOI
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CCOI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$50.80 - $86.76
Previous CloseN/A
Volume119.39K
Average Volume (3M)420.99K
Market Cap
$3.54B
Enterprise Value$5.53B
Total Cash (Recent Filing)$274.32M
Total Debt (Recent Filing)$695.19M
Price to Earnings (P/E)92.8
Beta0.59
Next Earnings
Feb 20, 2025EPS Estimate
-1.2Last Dividend Ex-Date
Nov 22, 2024Dividend Yield5.43%
Share Statistics
EPS (TTM)0.78
Shares Outstanding49,024,303
10 Day Avg. Volume388,366
30 Day Avg. Volume420,989
Standard Deviation0.10
R-Squared0.05
Alpha0.00686
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.63
Price to Cash Flow (P/CF)-43.80
P/FCF Ratio0.00
Enterprise Value/Market Cap1.56
Enterprise Value/Revenue5.24
Enterprise Value/Gross Profit13.95
Enterprise Value/Ebitda16.61
Forecast
1Y Price Target
$87.60Price Target Upside20.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Cogent Comms News
PremiumCompany Announcements
Cogent Comms Extends CEO Contract with New Incentives
PremiumCompany Announcements
Cogent Communications Reports Q3 Results and Dividend IncreaseBulls Say, Bears Say
Bulls Say
Asset MonetizationPotential monetization of underutilized data center and IPv4 assets could generate significant proceeds and reduce net debt.
Business TransformationCogent is transforming a previously unprofitable asset acquired for $1 into a profitable wavelength business with a $2B total addressable market.
Financial PerformanceCore growth is anticipated to improve, leading to higher cash flow, better leverage, and a decreasing dividend payout in the future.
Bears Say
Data Center Sale Pricing ConcernsConcerns exist whether Cogent Communications will fetch the anticipated $10MM/MW sale pricing for its data centers.
Execution RiskScaling in waves has been slower, which is a key driver of sentiment and contributes to execution risk.
Rating And Price ObjectiveThe company has an Underperform rating with a price objective significantly lower than the current price.
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Ownership Overview
9.66% Insiders
23.46% Mutual Funds
0.17% Other Institutional Investors
42.05% 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 $50.80 and its highest was $86.76 in the past 12 months.
What is Cogent Communications’s market cap?
Cogent Communications’s market cap is $3.54B.
When is Cogent Communications’s upcoming earnings report date?
Cogent Communications’s upcoming earnings report date is Feb 20, 2025 which is in 29 days.
How were Cogent Communications’s earnings last quarter?
Cogent Communications released its earnings results on Nov 07, 2024. The company reported -$1.33 earnings per share for the quarter, missing the consensus estimate of -$1.193 by -$0.137.
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 $3.919 which represents an annual dividend yield of 5.43%. See more information on Cogent Communications dividends here
What is Cogent Communications’s EPS estimate?
Cogent Communications’s EPS estimate is -1.2.
How many shares outstanding does Cogent Communications have?
Cogent Communications has 49,024,303 shares outstanding.
What happened to Cogent Communications’s price movement after its last earnings report?
Cogent Communications reported an EPS of -$1.33 in its last earnings report, missing expectations of -$1.193. Following the earnings report the stock price went up 0.777%.
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 117M.
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Cogent Comms Stock Smart Score
Unlock Smart Score
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$87.60 (20.66% Upside)
$87.60 (20.66% Upside)
Blogger Sentiment
Bullish
CCOI Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 48.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.39%
12-Months-Change
Fundamentals
Return on Equity
10.29%
Trailing 12-Months
Asset Growth
8.18%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in cost savings and growth in key areas like wavelength and IPv4 leasing revenues. However, these positives were somewhat offset by revenue declines in certain segments, increased costs, and higher debt ratios. The balance between achievements and challenges suggests a mixed outlook.Read More>---
CCOI Stock 12 Month Forecast
Average Price Target
$87.60
▲(20.66% Upside)
Technical Analysis
Lumen Technologies
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Telephone & Data Systems
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Best Analysts Covering CCOI
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+16.68%
assigned a buy rating 5 months ago
Copying Brandon Nispel's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +16.68% per trade.
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