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CCOI

CCOI - Cogent Communications Holdings Inc Stock Price, Fair Value and News

59.14USD-0.45 (-0.76%)Market Closed

Market Summary

CCOI
USD59.14-0.45
Market Closed
-0.76%

CCOI Alerts

  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

CCOI Stock Price

View Fullscreen

CCOI RSI Chart

CCOI Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

2.41

Price/Sales (Trailing)

2.75

EV/EBITDA

1.86

Price/Free Cashflow

-19.78

CCOI Price/Sales (Trailing)

CCOI Profitability

EBT Margin

106.74%

Return on Equity

240.09%

Return on Assets

38.21%

Free Cashflow Yield

-5.06%

CCOI Fundamentals

CCOI Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

73.3%

Rev. Growth (Qtr)

-2.18%

CCOI Earnings

Earnings (TTM)

1.2B

Earnings Growth (Yr)

-1.2K%

Earnings Growth (Qtr)

-132.63%

Breaking Down CCOI Revenue

Last 7 days

-7.1%

Last 30 days

-6.1%

Last 90 days

-20.9%

Trailing 12 Months

-7.7%

How does CCOI drawdown profile look like?

CCOI Financial Health

Current Ratio

1.12

CCOI Investor Care

Dividend Yield

6.43%

Dividend/Share (TTM)

3.8

Shares Dilution (1Y)

1.48%

Diluted EPS (TTM)

25.13

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.1B000
2023604.0M695.4M820.8M940.9M
2022592.2M592.8M594.8M599.6M
2021574.0M580.9M586.5M589.8M
2020552.9M559.1M564.5M568.1M
2019525.6M531.1M537.9M546.2M
2018496.7M506.2M513.4M520.2M
2017455.8M465.6M475.5M485.2M
2016446.9M446.9M446.9M446.9M
2015395.4M410.7M428.1M446.9M
2014356.4M365.2M373.1M380.0M
2013324.6M332.6M340.7M348.0M
2012308.9M311.2M313.5M317.0M
2011274.1M285.3M295.9M305.5M
2010242.7M249.6M256.5M263.4M
2009000235.8M
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Tracking the Latest Insider Buys and Sells of Cogent Communications Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
ferguson lewis h
acquired
-
-
1,370
-
Apr 01, 2024
montagner marc
acquired
-
-
1,370
-
Apr 01, 2024
brooks steven d
acquired
-
-
1,370
-
Apr 01, 2024
bath blake
acquired
-
-
1,370
-
Apr 01, 2024
kennedy sheryl lynn
acquired
-
-
1,370
-
Apr 01, 2024
howard eve n
acquired
-
-
1,370
-
Apr 01, 2024
howell deneen c
acquired
-
-
1,370
-
Apr 01, 2024
schaeffer dave
back to issuer
-
-
-50,165
chairman, ceo, and president
Apr 01, 2024
de sa paul
acquired
-
-
1,370
-
Mar 22, 2024
brooks steven d
gifted
-
-
-300
-

1–10 of 50

Which funds bought or sold CCOI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
BOSTON FINANCIAL MANGEMENT LLC
added
2.93
-5,217,410
39,812,200
1.27%
May 10, 2024
McIlrath & Eck, LLC
added
82.23
15,005
41,550
0.01%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
reduced
-49.26
-31,007,800
23,955,500
0.01%
May 10, 2024
CREDIT SUISSE AG/
added
1.02
-992,654
6,508,310
0.01%
May 10, 2024
Hillsdale Investment Management Inc.
sold off
-100
-3,871,450
-
-%
May 10, 2024
OneDigital Investment Advisors LLC
reduced
-8.57
-129,360
473,174
0.01%
May 10, 2024
Clear Harbor Asset Management, LLC
added
99.88
175,660
420,725
0.04%
May 10, 2024
PRINCIPAL SECURITIES, INC.
reduced
-2.48
-2,494
12,870
-%
May 10, 2024
BlackRock Inc.
reduced
-3.27
-94,399,800
463,579,000
0.01%
May 10, 2024
Resurgent Financial Advisors LLC
sold off
-100
-20,384
-
-%

1–10 of 48

Are Funds Buying or Selling CCOI?

Are funds buying CCOI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CCOI
No. of Funds

Unveiling Cogent Communications Holdings Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.45%
5,081,633
SC 13G/A
Jan 26, 2024
vaughan nelson investment management, l.p.
0%
0
SC 13G/A
Jan 22, 2024
blackrock inc.
15.1%
7,336,041
SC 13G/A
Feb 09, 2023
vanguard group inc
10.89%
5,226,031
SC 13G/A
Feb 03, 2023
vaughan nelson investment management, l.p.
5.34%
2,565,270
SC 13G
Jan 30, 2023
blackrock inc.
15.6%
7,473,928
SC 13G/A
Feb 09, 2022
vanguard group inc
10.14%
4,835,162
SC 13G/A
Jan 27, 2022
blackrock inc.
14.8%
7,072,055
SC 13G/A
Jan 25, 2022
blackrock inc.
14.8%
7,072,055
SC 13G/A
May 10, 2021
vanguard group inc
10.02%
4,764,937
SC 13G/A

Recent SEC filings of Cogent Communications Holdings Inc

View All Filings
Date Filed Form Type Document
May 13, 2024
144
Notice of Insider Sale Intent
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
May 08, 2024
8-K
Current Report
May 06, 2024
8-K
Current Report
Apr 25, 2024
8-K
Current Report
Apr 19, 2024
8-K
Current Report
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Cogent Communications Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
191.4B
78.5B
2.07% 13.36%
21.88
2.44
-0.71% 129.26%
170.9B
134.0B
2.06% 7.85%
15.11
1.27
-1.58% -47.62%
123.7B
122.3B
5.76% 1.29%
11.8
1.01
0.95% 215.07%
39.6B
54.6B
5.28% -18.88%
8.37
0.73
0.29% -3.30%
MID-CAP
2.9B
1.1B
-6.13% -7.69%
2.41
2.75
74.42% 11734.07%
2.7B
610.8M
10.19% 28.38%
14.1
4.4
9.29% 5.25%
2.2B
1.7B
3.18% -40.71%
8.71
1.35
-2.39% 114.34%
2.2B
221.6M
-11.28% 19.19%
-64.51
10.02
27.11% 85.65%
SMALL-CAP
965.9M
9.2B
-3.67% -18.92%
157.32
0.11
-3.42% -74.28%
599.3M
3.5M
0.72% 4.69%
37.87
169.34
115.01% 136.91%
511.6M
1.1B
0.70% 17.39%
-1.81
0.46
-5.01% -258.89%
391.0M
763.2M
-6.59% -30.42%
-19.9
0.51
3.21% -54.92%
99.9M
55.0M
-18.48% 167.86%
60.37
1.82
31.29% 104.62%
-
15.3B
- -100.00%
-
-
-8.30% -147.55%

Cogent Communications Holdings Inc News

Latest updates
MarketBeat • 11 hours ago
Yahoo New Zealand News • 12 May 2024 • 12:50 am
Yahoo Finance • 09 May 2024 • 12:10 pm
Zacks Investment Research • 02 May 2024 • 04:48 pm

Cogent Communications Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-2.2%266272275240154152150148149147148148147144142141141140137135134
Costs and Expenses-4.4%326341326274129125121119121118119120121117116114115113111113110
  S&GA Expenses-5.6%77.0081.0065.0084.0045.0044.0039.0039.0041.0039.0040.0041.0041.0039.0040.0040.0040.0037.0036.0039.0036.00
EBITDA Margin-1.40*-1.62*1.91*0.34*0.31*0.32*0.36*0.33*0.37*0.32*0.28*0.30*--------
Interest Expenses-34.1%23.0035.0024.0029.0019.0022.0018.0013.0014.0014.0014.0014.0016.0016.0016.0015.0015.0015.0015.0014.0013.00
Income Taxes6.4%-19.13-20.44-13.62-24.335.0011.001.009.001.007.009.000.007.00-0.65-1.603.004.003.005.003.004.00
Earnings Before Taxes-147.0%-84.43180-70.351,10011.0012.00-7.0420.002.0025.0022.00-2.0726.00-7.27-6.5511.0013.0011.0019.0010.0013.00
EBT Margin-17.6%1.07*1.30*1.28*1.60*0.06*0.04*0.07*0.12*0.08*0.12*0.07*0.02*---------
Net Income-132.6%-65.31200-56.721,1246.001.00-8.0111.001.0019.0013.00-2.4919.00-6.62-4.959.009.007.0014.007.009.00
Net Income Margin-15.7%1.14*1.35*1.31*1.61*0.02*0.01*0.04*0.07*0.05*0.08*0.04*0.01*---------
Free Cashflow76.5%-21.66-92.31-77.8045.0013.0017.0030.0017.0031.0021.0025.0023.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.1%3,1453,2122,9623,1639981,0101,0211,0159709851,0091,0118531,0001,0011,005914932932949797
  Current Assets-7.9%473514581713329366414437395410436455316456475497457476474486334
    Cash Equivalents117.4%16375.00110192184224324350312329355374238371393417375399396399399
  Net PPE1.5%1,5611,5381,6181,607572544504461456458455436425430---369371376375
Liabilities1.6%2,6452,6022,5202,6241,5471,5291,5121,4551,3781,3581,3661,3471,1611,2941,2621,2411,1361,1361,1231,126961
  Current Liabilities12.7%42137335641612712012297.0092.0081.0099.0094.0042394.0095.0010090.0090.0086.0090.0082.00
Shareholder's Equity-17.9%501610442539-548-518---------------
  Retained Earnings-651.6%-94.5217.00-136-34.79-1,113-1,074-1,031-980-950-909-888-864-825-807-766-729-705-684-662-647-626
  Additional Paid-In Capital1.3%615607598590583575568561555548541533524516513506499493487482475
Accumulated Depreciation5.3%1,4851,4101,3291,2491,1971,170---1,162---1,086---998---
Shares Outstanding0.8%49.0049.0049.0049.0048.0048.0047.0047.0047.0046.0046.0046.00---------
Float----2,900---2,600---3,300---3,300---2,500-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations139.5%19,219-48,698-52,43282,65435,82136,32353,57034,40349,41135,98447,41839,74947,10637,57132,98041,31128,45846,09733,44340,63228,637
  Share Based Compensation-100.0%-6,6837,4116,2496,5816,2656,2115,9076,0566,0536,5886,8747,3075,8466,5226,0825,0754,9404,7965,2903,434
Cashflow From Investing-15.2%50,95160,11962,127-22,316-23,204-19,591-23,971-17,288-18,121-15,296-21,959-17,217-15,444-15,860-13,296-13,930-12,866-9,899-12,051-11,720-13,288
Cashflow From Financing63.6%-23,549-64,735-86,036-52,464-54,616-68,301-52,49623,476-47,528-46,271-43,680112,793-163,667-45,768-44,97713,315-38,572-34,124-32,817120,770-31,809
  Dividend Payments-99.0%47846,36245,136-45,311--41,85541,29839,55237,65437,00136,081-32,657-30,557----
  Buy Backs--------------4,225-------
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CCOI Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME  
Service revenue$ 266,168$ 153,588
Operating expenses:  
Network operations (including $385 and $149 of equity-based compensation expense, respectively, exclusive of depreciation and amortization shown separately below)168,93358,638
Selling, general, and administrative (including $6,565 and $6,432 of equity-based compensation expense, respectively)76,69645,078
Acquisition costs - Sprint Business9,037400
Depreciation and amortization70,89125,160
Total operating expenses325,557129,276
Operating (loss) income(59,389)24,312
Interest expense(23,010)(19,005)
Reduction to gain on bargain purchase - Sprint Business(5,470) 
Change in valuation - interest rate swap agreement(6,152)1,847
Interest income - IP Transit Services Agreement7,330 
Interest income - Purchase Agreement(480) 
Interest income and other, net2,7373,498
Income before income taxes(84,434)10,652
Income tax benefit (expense)19,127(4,504)
Net (loss) income(65,307)6,148
Comprehensive (loss) income:  
Net (loss) income(65,307)6,148
Foreign currency translation adjustment(5,034)1,788
Comprehensive (loss) income$ (70,341)$ 7,936
Net (loss) income per common share:  
Basic net (loss) income per common share$ (1.38)$ 0.13
Diluted net (loss) income per common share(1.38)0.13
Dividends declared per common share$ 0.965$ 0.925
Weighted-average common shares - basic47,416,26847,037,091
Weighted-average common shares - diluted47,416,26847,381,226

CCOI Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 118,433$ 75,092
Restricted cash44,84138,689
Accounts receivable, net of allowance for credit losses of $5,588 and $3,677, respectively107,169135,475
Due from T-Mobile, IP Transit Services Agreement, current portion, net of discount of $21,878 and $24,898, respectively119,788179,269
Due from T-Mobile, Transition Services Agreement3,2324,514
Prepaid expenses and other current assets79,69880,588
Total current assets473,161513,627
Property and equipment:  
Property and equipment3,046,1602,947,376
Accumulated depreciation and amortization(1,484,792)(1,409,559)
Total property and equipment, net1,561,3681,537,817
Right-of-use leased assets347,993361,587
IPV4 intangible assets458,000458,000
Other intangible assets, net14,37014,815
Deposits and other assets26,32723,438
Due from T-Mobile, IP Transit Services Agreement, net of discount of $23,606 and $27,916, respectively243,061263,750
Due from T-Mobile, Purchase Agreement, net of discount of $6,982 and $13,725, respectively21,13238,585
Total assets3,145,4123,211,619
Current liabilities:  
Accounts payable45,93248,356
Accrued and other current liabilities187,495120,523
Accrued dividend payable45,789 
Due to T-Mobile - Transition Services Agreement5,81666,908
Due to T-Mobile - Purchase Agreement4,9814,981
Current maturities, operating lease liabilities66,55367,962
Finance lease obligations, current maturities64,04364,594
Total current liabilities420,609373,324
Operating lease liabilities, net of current maturities320,898330,095
Finance lease obligations, net of current maturities453,473419,921
Deferred income tax liabilities436,504471,498
Other long-term liabilities67,35561,639
Total liabilities2,644,7682,602,063
Stockholders' equity:  
Common stock, $0.001 par value; 75,000,000 shares authorized; 49,013,487 and 48,608,569 shares issued and outstanding, respectively4949
Additional paid-in capital614,535606,755
Accumulated other comprehensive loss(19,419)(14,385)
Accumulated (deficit) earnings(94,521)17,137
Total stockholders' equity500,644609,556
Total liabilities and stockholders' equity3,145,4123,211,619
Senior secured 2026 Notes  
Current liabilities:  
Senior secured 2026 notes, net of unamortized debt costs of $578 and $645, respectively, and discounts of $769 and $857, respectively498,653498,498
Senior unsecured 2027 Notes  
Current liabilities:  
Senior unsecured 2027 notes, net of unamortized debt costs of $880 and $941, respectively, and discounts of $1,844 and $1,970, respectively$ 447,276$ 447,088
CCOI
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. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
 CEO
 WEBSITEcogentco.com
 INDUSTRYTelecom Services
 EMPLOYEES2020

Cogent Communications Holdings Inc Frequently Asked Questions


What is the ticker symbol for Cogent Communications Holdings Inc? What does CCOI stand for in stocks?

CCOI is the stock ticker symbol of Cogent Communications Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cogent Communications Holdings Inc (CCOI)?

As of Mon May 13 2024, market cap of Cogent Communications Holdings Inc is 2.9 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CCOI stock?

You can check CCOI's fair value in chart for subscribers.

What is the fair value of CCOI stock?

You can check CCOI's fair value in chart for subscribers. The fair value of Cogent Communications Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cogent Communications Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CCOI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cogent Communications Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether CCOI is over valued or under valued. Whether Cogent Communications Holdings Inc is cheap or expensive depends on the assumptions which impact Cogent Communications Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CCOI.

What is Cogent Communications Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, CCOI's PE ratio (Price to Earnings) is 2.41 and Price to Sales (PS) ratio is 2.75. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CCOI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cogent Communications Holdings Inc's stock?

In the past 10 years, Cogent Communications Holdings Inc has provided 0.089 (multiply by 100 for percentage) rate of return.