These Analysts Raise Their Forecasts On Cogent Communications After Q2 Results

CCOI Stock  USD 82.57  0.07  0.08%   
Under 62% of Cogent Communications' investor base is looking to short. The analysis of overall sentiment of trading Cogent Communications Group stock suggests that many investors are alarmed at this time. Cogent Communications' investing sentiment shows overall attitude of investors towards Cogent Communications Group.
  

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Cogent Communications Current Investor Sentiment

Panic Vs Confidence

38

 
Panic
 
Confidence
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Cogent Communications' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Cogent Communications Group.

Cogent Communications Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Cogent Communications can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Cogent Communications Historical Investor Sentiment

Investor biases related to Cogent Communications' public news can be used to forecast risks associated with an investment in Cogent. The trend in average sentiment can be used to explain how an investor holding Cogent can time the market purely based on public headlines and social activities around Cogent Communications Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cogent Communications' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cogent Communications and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Cogent Communications news discussions. The higher the estimate score, the more favorable the investor's outlook on Cogent Communications.

Cogent Communications Fundamental Analysis

We analyze Cogent Communications' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cogent Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cogent Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

EBITDA

EBITDA Comparative Analysis

Cogent Communications is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Cogent Communications Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cogent Communications stock to make a market-neutral strategy. Peer analysis of Cogent Communications could also be used in its relative valuation, which is a method of valuing Cogent Communications by comparing valuation metrics with similar companies.

Peers

Cogent Communications Related Equities

ATEXAnterix   5.61   
0%
100.0%
KTKT   5.05   
0%
90.0%
IHSIHS Holding   4.15   
0%
73.0%
ATNIATN International   2.23   
0%
39.0%
SHENShenandoah Telecommunicatio   1.78   
0%
31.0%
IRDMIridium Communications   1.68   
0%
29.0%
LBTYALiberty Global   1.67   
0%
29.0%
LBRDPLiberty Broadband   0.29   
0%
5.0%
CABOCable One   0.02   
0%
1.0%
CHTRCharter Communications   0.12   
2.0%
0%
TLKTelkom Indonesia   0.18   
3.0%
0%
IDTIDT   0.42   
7.0%
0%
OOMAOoma   0.62   
11.0%
0%
LBRDALiberty Broadband   1.05   
18.0%
0%
LBRDKLiberty Broadband   1.10   
19.0%
0%
TIMBTIM Participacoes   2.63   
46.0%
0%

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When running Cogent Communications' price analysis, check to measure Cogent Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.
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