For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Cogent Communications Holdings Inc’s stock clocked out at $46.85, down -1.35% from its previous closing price of $47.49. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 0.52 million shares were traded. CCOI stock price reached its highest trading level at $47.93 during the session, while it also had its lowest trading level at $46.82.
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 16 ’25 when David Schaeffer bought 25,000 shares for $46.98 per share.
SCHAEFFER DAVE sold 70,000 shares of CCOI for $3,297,609 on Jun 16 ’25. The CHAIRMAN, CEO, AND PRESIDENT now owns 3,356,721 shares after completing the transaction at $47.11 per share. On Jun 16 ’25, another insider, SCHAEFFER DAVE, who serves as the FOUNDER & CEO of the company, bought 45,000 shares for $47.32 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCOI now has a Market Capitalization of 2311452416 and an Enterprise Value of 4463381504. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 16.18. Its current Enterprise Value per Revenue stands at 4.764 whereas that against EBITDA is 33.385.
Stock Price History:
The Beta on a monthly basis for CCOI is 0.65, which has changed by -0.33630824 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. 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 -3.60%, while the 200-Day Moving Average is calculated to be -29.08%.
Shares Statistics:
It appears that CCOI traded 750.14K shares on average per day over the past three months and 660400 shares per day over the past ten days. A total of 49.34M shares are outstanding, with a floating share count of 44.47M. Insiders hold about 9.87% of the company’s shares, while institutions hold 93.00% stake in the company. Shares short for CCOI as of 1752537600 were 4986902 with a Short Ratio of 6.65, compared to 1749772800 on 5110170. Therefore, it implies a Short% of Shares Outstanding of 4986902 and a Short% of Float of 15.409999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 3.96, CCOI has a forward annual dividend rate of 3.99. Against a Trailing Annual Dividend Yield of 0.083385974The stock’s 5-year Average Dividend Yield is 5.31.
Earnings Estimates
Currently, 3.0 analysts are dedicated to thoroughly evaluating and rating the performance of Cogent Communications Holdings Inc (CCOI) in the stock market.The consensus estimate for the next quarter is -$1.04, 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 -$3.92. EPS for the following year is -$2.3, with 4.0 analysts recommending between -$0.97 and -$3.21.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $247.67M. 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, 12 analysts are estimating revenue of $250.07M. There is a high estimate of $255.6M for the next quarter, whereas the lowest estimate is $246.16M.
A total of 12 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 $1.08B in the next fiscal year. The high estimate is $1.15B and the low estimate is $1.01B.
