Cogent Communications Group Stock Buy Hold or Sell Recommendation
| CCOI Stock | USD 72.60 0.40 0.55% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Cogent Communications Group is 'Strong Hold'. The recommendation algorithm takes into account all of Cogent Communications' available fundamental, technical, and predictive indicators you will find on this site.
Check out Cogent Communications Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Cogent and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Cogent Communications Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Cogent |
Execute Cogent Communications Buy or Sell Advice
The Cogent recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cogent Communications Group. Macroaxis does not own or have any residual interests in Cogent Communications Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cogent Communications' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Cogent Communications Trading Alerts and Improvement Suggestions
| Cogent Communications generated a negative expected return over the last 90 days | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| On 6th of December 2024 Cogent Communications paid $ 0.995 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Cogent Communications Holdings, Inc. A Bull Case Theory |
Cogent Communications Returns Distribution Density
The distribution of Cogent Communications' historical returns is an attempt to chart the uncertainty of Cogent Communications' future price movements. The chart of the probability distribution of Cogent Communications daily returns describes the distribution of returns around its average expected value. We use Cogent Communications Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cogent Communications returns is essential to provide solid investment advice for Cogent Communications.
| Mean Return | -0.13 | Value At Risk | -3.04 | Potential Upside | 2.47 | Standard Deviation | 1.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cogent Communications historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cogent Stock Institutional Investors
| Shares | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 918.6 K | Renaissance Technologies Corp | 2024-09-30 | 895.2 K | Fmr Inc | 2024-09-30 | 800.8 K | Copeland Capital Management, Llc | 2024-09-30 | 759.3 K | Broad Run Investment Management, Llc | 2024-09-30 | 707 K | Tyro Capital Management Llc | 2024-09-30 | 700.6 K | Senator Investment Group Lp | 2024-09-30 | 664.2 K | Westwood Holdings Group Inc | 2024-09-30 | 620.1 K | Boston Financial Mangement Inc | 2024-09-30 | 609.8 K | Blackrock Inc | 2024-09-30 | 6.9 M | Vanguard Group Inc | 2024-09-30 | 5.1 M |
Cogent Communications Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | (28.1M) | (42.7M) | (52.7M) | (162.1M) | (145.9M) | (138.6M) | |
| Free Cash Flow | 84.4M | 100.3M | 94.7M | (112.3M) | (129.1M) | (122.7M) | |
| Depreciation | 83.5M | 89.2M | 92.2M | 232.2M | 267.0M | 280.4M | |
| Other Non Cash Items | 36.5M | (23.4M) | (17.8M) | (1.4B) | (1.3B) | (1.2B) | |
| Capital Expenditures | 56.0M | 69.9M | 79.0M | 129.6M | 149.1M | 156.5M | |
| Net Income | 6.2M | 48.2M | 5.1M | 1.3B | 1.5B | 1.5B | |
| End Period Cash Flow | 371.3M | 328.6M | 275.9M | 113.8M | 130.8M | 191.4M | |
| Change Receivables | 1.1M | (2.7M) | 1.4M | (2.8M) | (3.3M) | (3.4M) | |
| Net Borrowings | 142.1M | 40.5M | 490.0M | 445.2M | 512.0M | 537.6M | |
| Dividends Paid | 129.4M | 150.3M | 169.9M | 181.7M | 209.0M | 219.4M | |
| Change To Netincome | 28.0M | 58.4M | 27.2M | 52.9M | 60.8M | 63.9M | |
| Investments | (56.0M) | (69.9M) | (79.0M) | (3.0M) | (3.4M) | (3.6M) |
Cogent Communications Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cogent Communications or Diversified Telecommunication Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cogent Communications' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cogent stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | -0.09 |
Cogent Communications Volatility Alert
Cogent Communications Group exhibits very low volatility with skewness of -0.17 and kurtosis of 0.45. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cogent Communications' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cogent Communications' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cogent Communications Fundamentals Vs Peers
Comparing Cogent Communications' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cogent Communications' direct or indirect competition across all of the common fundamentals between Cogent Communications and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cogent Communications or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cogent Communications' fundamental indicators could also be used in its relative valuation, which is a method of valuing Cogent Communications by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Cogent Communications to competition |
| Fundamentals | Cogent Communications | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | -0.0401 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | (0.24) % | (5.51) % |
| Current Valuation | 5.55 B | 16.62 B |
| Shares Outstanding | 49.02 M | 571.82 M |
| Shares Owned By Insiders | 9.75 % | 10.09 % |
| Shares Owned By Institutions | 96.66 % | 39.21 % |
| Number Of Shares Shorted | 3.62 M | 4.71 M |
| Price To Earning | 166.38 X | 28.72 X |
| Price To Book | 11.06 X | 9.51 X |
| Price To Sales | 3.67 X | 11.42 X |
| Revenue | 940.92 M | 9.43 B |
| Gross Profit | 394.76 M | 27.38 B |
| EBITDA | 1.56 B | 3.9 B |
| Net Income | 1.27 B | 570.98 M |
| Cash And Equivalents | 312.05 M | 2.7 B |
| Cash Per Share | 6.69 X | 5.01 X |
| Total Debt | 1.83 B | 5.32 B |
| Debt To Equity | (55.02) % | 48.70 % |
| Current Ratio | 4.52 X | 2.16 X |
| Book Value Per Share | 6.82 X | 1.93 K |
| Cash Flow From Operations | 17.34 M | 971.22 M |
| Short Ratio | 8.08 X | 4.00 X |
| Earnings Per Share | 0.68 X | 3.12 X |
| Price To Earnings To Growth | 85.89 X | 4.89 X |
| Target Price | 82.09 | |
| Number Of Employees | 1.91 K | 18.84 K |
| Beta | 0.38 | -0.15 |
| Market Capitalization | 3.58 B | 19.03 B |
| Total Asset | 3.21 B | 29.47 B |
| Retained Earnings | 17.14 M | 9.33 B |
| Working Capital | 140.3 M | 1.48 B |
Note: Acquisition by Schaeffer Dave of 84000 shares of Cogent Communications subject to Rule 16b-3 [view details]
Cogent Communications Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cogent . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4010.56 | |||
| Daily Balance Of Power | 0.2941 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 72.92 | |||
| Day Typical Price | 72.81 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | 0.4 |
About Cogent Communications Buy or Sell Advice
When is the right time to buy or sell Cogent Communications Group? Buying financial instruments such as Cogent Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Cogent Communications Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cogent Communications. If investors know Cogent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cogent Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 228.092 | Dividend Share 3.88 | Earnings Share 0.68 | Revenue Per Share | Quarterly Revenue Growth (0.09) |
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.