Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, Cogent Communications Holdings Inc’s stock clocked out at $47.41, down -0.38% from its previous closing price of $47.59. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 0.67 million shares were traded.
Ratios:
To gain a deeper understanding of CCOI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 16.53 whereas as Long-Term Debt/Eq ratio is at 15.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on November 14, 2024, initiated with a Buy rating and assigned the stock a target price of $102.
On August 21, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $75 to $65. On July 01, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $56.Goldman initiated its Neutral rating on July 01, 2024, with a $56 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 04 ’25 when SCHAEFFER DAVE sold 75,000 shares for $47.76 per share. The transaction valued at 3,581,982 led to the insider holds 3,856,721 shares of the business.
David Schaeffer bought 35,000 shares of CCOI for $1,665,650 on Jun 05 ’25. On Jun 05 ’25, another insider, SCHAEFFER DAVE, who serves as the FOUNDER & CEO of the company, bought 40,000 shares for $47.28 each.
Stock Price History:
Over the past 52 weeks, CCOI has reached a high of $86.76, while it has fallen to a 52-week low of $43.65. The 50-Day Moving Average of the stock is -9.79%, while the 200-Day Moving Average is calculated to be -32.66%.
Shares Statistics:
A total of 49.34M shares are outstanding, with a floating share count of 43.76M. Insiders hold about 11.30% of the company’s shares, while institutions hold 93.17% stake in the company.
Earnings Estimates
A comprehensive evaluation of Cogent Communications Holdings Inc (CCOI) is underway, with the input of 3.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$1.02, with high estimates of -$0.8 and low estimates of -$1.22.
Analysts are recommending an EPS of between -$3.15 and -$4.71 for the fiscal current year, implying an average EPS of -$3.88. EPS for the following year is -$2.21, with 4.0 analysts recommending between -$0.97 and -$3.21.
Revenue Estimates
In the current quarter, 11 analysts expect revenue to total $247.79M. It ranges from a high estimate of $252.85M to a low estimate of $245M. As of the current estimate, Cogent Communications Holdings Inc’s year-ago sales were $260.44MFor the next quarter, 11 analysts are estimating revenue of $250.4M. There is a high estimate of $257.92M for the next quarter, whereas the lowest estimate is $246.16M.
A total of 11 analysts have provided revenue estimates for CCOI’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $987.56M, resulting in an average revenue estimate of $1B. In the same quarter a year ago, actual revenue was $1.04BBased on 12 analysts’ estimates, the company’s revenue will be $1.09B in the next fiscal year. The high estimate is $1.24B and the low estimate is $1.01B.
