Cogent Communications Group Stock Analysis

CCOI Stock  USD 83.79  2.39  2.94%   
Cogent Communications Group is overvalued with Real Value of 72.27 and Target Price of 77.5. The main objective of Cogent Communications stock analysis is to determine its intrinsic value, which is an estimate of what Cogent Communications Group is worth, separate from its market price. There are two main types of Cogent Communications' stock analysis: fundamental analysis and technical analysis.
The Cogent Communications stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Cogent Communications' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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 Stock Analysis Notes

About 96.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings (P/E) ratio of 166.38. Cogent Communications last dividend was issued on the 22nd of November 2024. The entity had 1:20 split on the 24th of March 2005. Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia. Cogent Comm operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 988 people. For more info on Cogent Communications Group please contact David Schaeffer at 202 295 4200 or go to https://www.cogentco.com.

Cogent Communications Investment Alerts

Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: Insider Sell Lewis Ferguson Sells Shares of Cogent Communications Holdings Inc

Cogent Communications Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cogent Communications previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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22nd of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Cogent Largest EPS Surprises

Earnings surprises can significantly impact Cogent Communications' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-05-05
2016-03-310.070.080.0114 
2013-05-07
2013-03-310.020.01-0.0150 
2012-05-03
2012-03-31-0.04-0.05-0.0125 
View All Earnings Estimates

Cogent Communications Environmental, Social, and Governance (ESG) Scores

Cogent Communications' ESG score is a quantitative measure that evaluates Cogent Communications' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Cogent Communications' operations that may have significant financial implications and affect Cogent Communications' stock price as well as guide investors towards more socially responsible investments.

Cogent Stock Institutional Investors

Shares
Capital World Investors2024-09-30
981.6 K
Renaissance Technologies Corp2024-09-30
895.2 K
Fmr Inc2024-09-30
800.8 K
Copeland Capital Management, Llc2024-09-30
759.3 K
Broad Run Investment Management, Llc2024-09-30
707 K
Amvescap Plc.2024-06-30
689.1 K
Senator Investment Group Lp2024-09-30
664.2 K
Westwood Holdings Group Inc2024-06-30
650 K
Bank Of New York Mellon Corp2024-06-30
609.1 K
Blackrock Inc2024-06-30
6.8 M
Vanguard Group Inc2024-09-30
5.1 M
Note, although Cogent Communications' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cogent Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.99 B.

Cogent Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.24) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.24.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.42  0.45 
Return On Capital Employed(0.04)(0.04)
Return On Assets 0.37  0.38 
Return On Equity 2.09  2.19 

Management Efficiency

Cogent Communications has return on total asset (ROA) of (0.0401) % which means that it has lost $0.0401 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1029 %, meaning that it created $0.1029 on every $100 dollars invested by stockholders. Cogent Communications' management efficiency ratios could be used to measure how well Cogent Communications manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Cogent Communications' Return On Tangible Assets are increasing as compared to previous years. The Cogent Communications' current Return On Assets is estimated to increase to 0.38, while Return On Capital Employed is forecasted to increase to (0.04). As of now, Cogent Communications' Other Assets are increasing as compared to previous years. The Cogent Communications' current Other Current Assets is estimated to increase to about 84.6 M, while Net Tangible Assets are forecasted to increase to (443.4 M).
Last ReportedProjected for Next Year
Book Value Per Share 12.87  12.22 
Tangible Book Value Per Share 2.89  2.74 
Enterprise Value Over EBITDA 43.81  46.00 
Price Book Value Ratio 5.91  6.21 
Enterprise Value Multiple 43.81  46.00 
Price Fair Value 5.91  6.21 
Enterprise Value5.3 B5.6 B
The management team at Cogent Communications has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Dividend Yield
0.0489
Operating Margin
(0.24)
Profit Margin
0.0404
Forward Dividend Yield
0.0489
Beta
0.38

Technical Drivers

As of the 21st of November, Cogent Communications shows the Mean Deviation of 1.28, risk adjusted performance of 0.0803, and Downside Deviation of 1.58. Cogent Communications technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Cogent Communications Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cogent Communications middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cogent Communications. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Cogent Communications Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cogent Communications insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cogent Communications' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cogent Communications insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
De Sa Paul over a month ago
Acquisition by De Sa Paul of 1452 shares of Cogent Communications subject to Rule 16b-3
 
John Chang over two months ago
Disposition of 1400 shares by John Chang of Cogent Communications at 71.67 subject to Rule 16b-3
 
Kennedy Sheryl Lynn over two months ago
Disposition of 1550 shares by Kennedy Sheryl Lynn of Cogent Communications at 71.0573 subject to Rule 16b-3
 
Thaddeus Weed over two months ago
Disposition of 2400 shares by Thaddeus Weed of Cogent Communications at 69.6757 subject to Rule 16b-3
 
John Chang over two months ago
Disposition of 2055 shares by John Chang of Cogent Communications at 74.0 subject to Rule 16b-3
 
Ferguson Lewis H over three months ago
Disposition of 1550 shares by Ferguson Lewis H of Cogent Communications at 72.6155 subject to Rule 16b-3
 
Montagner Marc over three months ago
Acquisition by Montagner Marc of 1675 shares of Cogent Communications subject to Rule 16b-3
 
Schaeffer Dave over three months ago
Disposition of 60000 shares by Schaeffer Dave of Cogent Communications at 51.7805 subject to Rule 16b-3
 
James Bubeck over three months ago
Disposition of 1920 shares by James Bubeck of Cogent Communications at 58.9693 subject to Rule 16b-3
 
Kilmer Henry W over three months ago
Disposition of 2400 shares by Kilmer Henry W of Cogent Communications at 56.0 subject to Rule 16b-3
 
James Bubeck over three months ago
Disposition of 1920 shares by James Bubeck of Cogent Communications at 58.9693 subject to Rule 16b-3
 
Kennedy Sheryl Lynn over six months ago
Disposition of 550 shares by Kennedy Sheryl Lynn of Cogent Communications at 68.8454 subject to Rule 16b-3

Cogent Communications Outstanding Bonds

Cogent Communications issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cogent Communications uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cogent bonds can be classified according to their maturity, which is the date when Cogent Communications Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Cogent Communications Predictive Daily Indicators

Cogent Communications intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cogent Communications stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cogent Communications Corporate Filings

F4
19th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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F4
14th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
12th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
8th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
7th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
23rd of October 2024
An amended filing to the original Schedule 13G
ViewVerify
22nd of October 2024
Other Reports
ViewVerify
F4
2nd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Cogent Communications Forecast Models

Cogent Communications' time-series forecasting models are one of many Cogent Communications' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cogent Communications' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cogent Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cogent Communications prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cogent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cogent Communications. By using and applying Cogent Stock analysis, traders can create a robust methodology for identifying Cogent entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 1.30  1.36 
Operating Profit Margin(0.14)(0.13)
Net Profit Margin 1.35  1.42 
Gross Profit Margin 0.42  0.44 

Current Cogent Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cogent analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cogent analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
77.5Buy12Odds
Cogent Communications Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cogent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cogent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cogent Communications, talking to its executives and customers, or listening to Cogent conference calls.
Cogent Analyst Advice Details

Cogent Stock Analysis Indicators

Cogent Communications Group stock analysis indicators help investors evaluate how Cogent Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cogent Communications shares will generate the highest return on investment. By understating and applying Cogent Communications stock analysis, traders can identify Cogent Communications position entry and exit signals to maximize returns.
Begin Period Cash Flow275.9 M
Long Term Debt945.6 M
Common Stock Shares Outstanding47.8 M
Total Stockholder Equity609.6 M
Tax Provision-54 M
Quarterly Earnings Growth Y O Y228.092
Property Plant And Equipment Net1.9 B
Cash And Short Term Investments113.8 M
Cash113.8 M
Accounts Payable48.4 M
Net Debt1.7 B
50 Day M A78.7668
Total Current Liabilities373.3 M
Other Operating Expenses1.1 B
Non Current Assets Total2.7 B
Forward Price Earnings5000
Non Currrent Assets Other325.8 M
Stock Based Compensation26.9 M

Complementary Tools for Cogent Stock analysis

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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