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Cogent Communications Holdings Inc (NASDAQ: CCOI) closed the day trading at $63.89 down -6.25% from the previous closing price of $68.15. In other words, the price has decreased by -$6.25 from its previous closing price. On the day, 0.72 million shares were traded. CCOI stock price reached its highest trading level at $68.1 during the session, while it also had its lowest trading level at $63.86.
Ratios:
For a better understanding of CCOI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 10.49 whereas as Long-Term Debt/Eq ratio is at 10.13.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’25 when David Schaeffer bought 52,500 shares for $68.37 per share.
FERGUSON Lewis H sold 956 shares of CCOI for $66,313 on Mar 12 ’25. The Director now owns 18,652 shares after completing the transaction at $69.36 per share. On Mar 11 ’25, another insider, Lewis H FERGUSON , who serves as the Director of the company, bought 956 shares for $70.00 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 3151438080 and an Enterprise Value of 5217021952. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.04 while its Price-to-Book (P/B) ratio in mrq is 14.06. Its current Enterprise Value per Revenue stands at 5.459 whereas that against EBITDA is 44.03.
Stock Price History:
The Beta on a monthly basis for CCOI is 0.63, which has changed by -0.014195323 over the last 52 weeks, in comparison to a change of 0.10063088 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 $50.80. The 50-Day Moving Average of the stock is -14.38%, while the 200-Day Moving Average is calculated to be -12.11%.
Shares Statistics:
Over the past 3-months, CCOI traded about 371.98K shares per day on average, while over the past 10 days, CCOI traded about 410070 shares per day. A total of 49.03M shares are outstanding, with a floating share count of 43.44M. Insiders hold about 11.92% of the company’s shares, while institutions hold 93.02% stake in the company. Shares short for CCOI as of 1741910400 were 3804087 with a Short Ratio of 9.88, compared to 1739491200 on 3739926. Therefore, it implies a Short% of Shares Outstanding of 3804087 and a Short% of Float of 12.0799996.
Dividends & Splits
CCOI’s forward annual dividend rate is 3.96, up from 3.92 a year ago. Against a Trailing Annual Dividend Yield of 0.057520177The stock’s 5-year Average Dividend Yield is 5.01. The current Payout Ratio is 14.12% for CCOI, which recently paid a dividend on 2025-03-13 with an ex-dividend date of 1741824000. Stock splits for the company last occurred on 2005-03-24 when the company split stock in a 1:20 ratio.
Earnings Estimates
Investors are keenly observing as 3.0 analysts analyze and rate the current performance of Cogent Communications Holdings Inc (CCOI) in the stock market.The consensus estimate for the next quarter is -$0.93, with high estimates of -$0.78 and low estimates of -$1.04.
Analysts are recommending an EPS of between -$3.05 and -$3.74 for the fiscal current year, implying an average EPS of -$3.45. EPS for the following year is -$1.87, with 4.0 analysts recommending between -$1.64 and -$2.22.
Revenue Estimates
10 analysts predict $251.33M in revenue for the current quarter. It ranges from a high estimate of $256.74M to a low estimate of $244.1M. As of the current estimate, Cogent Communications Holdings Inc’s year-ago sales were $266.17MFor the next quarter, 10 analysts are estimating revenue of $254.68M. There is a high estimate of $262.13M for the next quarter, whereas the lowest estimate is $243.5M.
A total of 11 analysts have provided revenue estimates for CCOI’s current fiscal year. The highest revenue estimate was $1.05B, while the lowest revenue estimate was $989.6M, resulting in an average revenue estimate of $1.03B. In the same quarter a year ago, actual revenue was $1.04BBased on 11 analysts’ estimates, the company’s revenue will be $1.12B in the next fiscal year. The high estimate is $1.19B and the low estimate is $1.04B.
