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Cogent Communications (CCOI)
NASDAQ:CCOI
Cogent Comms (CCOI) Stock Price & Analysis
350 Followers
CCOI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$50.80 - $83.38
Previous Close$66.31
Volume394.42K
Average Volume (3M)543.52K
Market Cap
$3.25B
Enterprise Value$4.04B
Total Cash (Recent Filing)$118.43M
Total Debt (Recent Filing)$904.97M
Price to Earnings (P/E)2.6
Beta0.66
Next Earnings
Aug 08, 2024EPS Estimate
-$1.3Last Dividend Ex-Date
May 22, 2024Dividend Yield5.79%
Share Statistics
EPS (TTM)25.23
Shares Outstanding49,024,447
10 Day Avg. Volume685,876
30 Day Avg. Volume543,518
Standard Deviation0.09
R-Squared0.06
Alpha0.00352
Financial Highlights & Ratios
Price to Book (P/B)89.66
Price to Sales (P/S)2.69
Price to Cash Flow (P/CF)33.00
P/FCF Ratio347.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.83
Enterprise Value/Gross Profit10.18
Enterprise Value/Ebitda2.54
Forecast
1Y Price Target
$66.75Price Target Upside0.66% Upside
Rating ConsensusHold
Number of Analyst Covering9
Cogent Comms News
PremiumCompany Announcements
Cogent Comms Announces $300M Senior Notes Private PlacementPremiumCompany Announcements
Cogent Comms Announces $300M Senior Notes Private Placement
Bulls Say, Bears Say
Bulls Say
Asset UtilizationCogent remains in a favorable position to capitalize on the underutilized Sprint wireline assets, while improving long-term financial performance.
Corporate PerformanceThere is still opportunity for Cogent to improve performance within its corporate segment, better monetize its inventory of IPV4 addresses, accelerate wave sales, and capture significant merger-related synergies.
Synergy CaptureAnalyst anticipates Cogent capturing over its $220 million target in run-rate synergies of which roughly $90 million has already been captured.
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.
RevenuePayments from TMUS to CCOI are expected to significantly decrease, which will impact CCOI's revenue and pose a risk to its financial stability.
Sales PerformanceA drop in salesforce productivity has been observed, potentially hindering CCOI's revenue acceleration.
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Ownership Overview
10.68% Insiders
26.38% Mutual Funds
27.86% Other Institutional Investors
35.08% 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 $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 17 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 5.79%. See more information on Cogent Communications dividends here
What is Cogent Communications’s EPS estimate?
Cogent Communications’s EPS estimate is -$1.3.
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
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$66.75 (0.66% Upside)
$66.75 (0.66% Upside)
Blogger Sentiment
Bullish
CCOI Sentiment 85%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 998.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.6%
Last 30 Days ▲ 7.9%
Last 30 Days ▲ 7.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.27%
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
$66.75
▲(0.66% Upside)
Technical Analysis
Best Analysts Covering CCOI
1 Year
1 Year Success Rate
17/23 ratings generated profit
1 Year Average Return
+9.88%
reiterated a buy rating 2 months ago
Copying Timothy Horan's trades and holding each position for 1 Year would result in 73.91% of your transactions generating a profit, with an average return of +9.88% per trade.
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