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How to buy Cogent Communications Group stock

Learn how to easily invest in Cogent Communications Group stock.

Cogent Communications Group is a telecom services business based in the US. Cogent Communications Group shares (CCOI) are listed on the NASDAQ and all prices are listed in US Dollars. Cogent Communications Group employs 1,041 staff and has a trailing 12-month revenue of around $579.2 million.

How to buy Cogent Communications Group stock

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Cogent Communications Group stock price (NASDAQ: CCOI)

Use our graph to track the performance of CCOI stocks over time.

Cogent Communications Group shares at a glance

Information last updated 2023-02-01.
Latest market close$68.60
52-week range$46.01 - $70.52
50-day moving average $59.73
200-day moving average $58.14
Wall St. target price$65.58
PE ratio 139.9388
Dividend yield $3.47 (5.38%)
Earnings per share (TTM) $0.49

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Is it a good time to buy Cogent Communications Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Cogent Communications Group price performance over time

Historical closes compared with the close of $68.6 from 2023-02-07

1 week (2023-02-02) -1.94%
1 month (2023-01-09) 12.74%
3 months (2022-11-09) 25.00%
6 months (2022-08-08) 15.96%
1 year (2022-02-09) 4.49%
2 years (2021-02-09) 14.57%
3 years (2020-02-07) 69.7115
5 years (2018-02-09) 107.18%

Is Cogent Communications Group stock undervalued or overvalued?

Valuing Cogent Communications Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cogent Communications Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Cogent Communications Group's P/E ratio

Cogent Communications Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 140x. In other words, Cogent Communications Group shares trade at around 140x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Cogent Communications Group's PEG ratio

Cogent Communications Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.234. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Cogent Communications Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Cogent Communications Group's EBITDA

Cogent Communications Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $208.7 million.

The EBITDA is a measure of a Cogent Communications Group's overall financial performance and is widely used to measure a its profitability.

Cogent Communications Group financials

Revenue TTM $579.2 million
Operating margin TTM 20.28%
Gross profit TTM $363.5 million
Return on assets TTM 7.23%
Return on equity TTM 0%
Profit margin 3.94%
Book value $-10.54
Market capitalisation $3.3 billion

TTM: trailing 12 months

Cogent Communications Group share dividends

40%

Dividend payout ratio: 39.5% of net profits

Recently Cogent Communications Group has paid out, on average, around 39.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.38% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Cogent Communications Group shareholders could enjoy a 5.38% return on their shares, in the form of dividend payments. In Cogent Communications Group's case, that would currently equate to about $3.47 per share.

While Cogent Communications Group's payout ratio might seem fairly standard, it's worth remembering that Cogent Communications Group may be investing much of the rest of its net profits in future growth.

Cogent Communications Group's most recent dividend payout was on 1 December 2022. The latest dividend was paid out to all shareholders who bought their shares by 16 November 2022 (the "ex-dividend date").

Have Cogent Communications Group's shares ever split?

Cogent Communications Group's shares were split on a 1:20 basis on 23 March 2005. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Cogent Communications Group shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Cogent Communications Group shares which in turn could have impacted Cogent Communications Group's share price.

Cogent Communications Group share price volatility

Over the last 12 months, Cogent Communications Group's shares have ranged in value from as little as $46.0113 up to $70.52. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cogent Communications Group's is 0.376. This would suggest that Cogent Communications Group's shares are less volatile than average (for this exchange).

Cogent Communications Group overview

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. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings.

Frequently asked questions

What percentage of Cogent Communications Group is owned by insiders or institutions?
Currently 12.731% of Cogent Communications Group shares are held by insiders and 88.363% by institutions.
How many people work for Cogent Communications Group?
Latest data suggests 1,041 work at Cogent Communications Group.
When does the fiscal year end for Cogent Communications Group?
Cogent Communications Group's fiscal year ends in December.
Where is Cogent Communications Group based?
Cogent Communications Group's address is: 2450 North Street NW, Washington, DC, United States, 20037
What is Cogent Communications Group's ISIN number?
Cogent Communications Group's international securities identification number is: US19239V3024
What is Cogent Communications Group's CUSIP number?
Cogent Communications Group's Committee on Uniform Securities Identification Procedures number is: 19239V104

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