Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Cogent Communications stock | $75.6
Learn how to easily invest in Cogent Communications stock.
Cogent Communications Holdings, Inc is a telecom services business based in the US. Cogent Communications shares (CCOI) are listed on the NASDAQ and all prices are listed in US Dollars. Cogent Communications employs 1,066 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Cogent Communications
- Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CCOI – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- CCOI shares summary
- Compare share dealing platforms
- Is CCOI stock a buy or sell?
- Stock performance over time
- Can I short CCOI shares?
- Are CCOI shares over-valued?
- Cogent Communications's financials
- How volatile are CCOI shares?
- Does Cogent Communications pay a dividend?
- Have CCOI shares ever split?
- Other common questions
Cogent Communications stock price (NASDAQ: CCOI)Use our graph to track the performance of CCOI stocks over time.
Cogent Communications shares at a glance
|Latest market close||$75.60|
|52-week range||$51.36 - $86.90|
|50-day moving average||$77.08|
|200-day moving average||$69.33|
|Wall St. target price||$81.44|
|Dividend yield||$2.87 (3.7%)|
|Earnings per share (TTM)||$0.34|
Buy Cogent Communications shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Cogent Communications 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 price performance over time
|1 week (2021-07-23)||N/A|
|1 month (2021-07-02)||-0.33%|
|3 months (2021-05-03)||-0.64%|
|6 months (2021-01-30)||N/A|
|1 year (2020-07-30)||N/A|
|2 years (2019-07-30)||N/A|
|3 years (2018-07-30)||N/A|
|5 years (2016-07-30)||N/A|
Is Cogent Communications under- or over-valued?
Valuing Cogent Communications stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cogent Communications's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cogent Communications's P/E ratio
Cogent Communications's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 224x. In other words, Cogent Communications shares trade at around 224x 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's PEG ratio
Cogent Communications's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.0161. 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'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's EBITDA
Cogent Communications's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $193.4 million.
The EBITDA is a measure of a Cogent Communications's overall financial performance and is widely used to measure a its profitability.
Cogent Communications financials
|Revenue TTM||$558.1 million|
|Operating margin TTM||19.25%|
|Gross profit TTM||$348.9 million|
|Return on assets TTM||7.6%|
|Return on equity TTM||0%|
|Market capitalisation||$3.6 billion|
TTM: trailing 12 months
Shorting Cogent Communications shares
There are currently 1.0 million Cogent Communications shares held short by investors – that's known as Cogent Communications's "short interest". This figure is 9.5% down from 1.1 million last month.
There are a few different ways that this level of interest in shorting Cogent Communications shares can be evaluated.
Cogent Communications's "short interest ratio" (SIR)
Cogent Communications's "short interest ratio" (SIR) is the quantity of Cogent Communications shares currently shorted divided by the average quantity of Cogent Communications shares traded daily (recently around 199045.64796905). Cogent Communications's SIR currently stands at 5.17. In other words for every 100,000 Cogent Communications shares traded daily on the market, roughly 5170 shares are currently held short.
However Cogent Communications's short interest can also be evaluated against the total number of Cogent Communications shares, or, against the total number of tradable Cogent Communications shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Cogent Communications's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Cogent Communications shares in existence, roughly 20 shares are currently held short) or 0.0252% of the tradable shares (for every 100,000 tradable Cogent Communications shares, roughly 25 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Cogent Communications.
Find out more about how you can short Cogent Communications stock.
Cogent Communications share dividends
Dividend payout ratio: 18.56% of net profits
Recently Cogent Communications has paid out, on average, around 18.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.02% 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 shareholders could enjoy a 4.02% return on their shares, in the form of dividend payments. In Cogent Communications's case, that would currently equate to about $2.87 per share.
While Cogent Communications's payout ratio might seem low, this can signify that Cogent Communications is investing more in its future growth.
Cogent Communications's most recent dividend payout was on 27 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 12 May 2021 (the "ex-dividend date").
Have Cogent Communications's shares ever split?
Cogent Communications'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 shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Cogent Communications shares which in turn could have impacted Cogent Communications's share price.
Cogent Communications share price volatility
Over the last 12 months, Cogent Communications's shares have ranged in value from as little as $51.3629 up to $86.895. 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's is 0.1415. This would suggest that Cogent Communications's shares are less volatile than average (for this exchange).
Cogent Communications 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, 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 2,914 buildings and on-net services to 1,792 to multi-tenant office buildings.
Stocks similar to Cogent Communications
Cogent Communications in the news
Cogent Communications (CCOI) Earnings Expected to Grow: Should You Buy?
Cogent Communications CEO and CFO to Participate in Three Upcoming Conferences
Cogent Communications CEO and CFO to Participate in Three Upcoming Conferences
Frequently asked questionsWhat percentage of Cogent Communications is owned by insiders or institutions?
Currently 12.034% of Cogent Communications shares are held by insiders and 88.115% by institutions. How many people work for Cogent Communications?
Latest data suggests 1,066 work at Cogent Communications. When does the fiscal year end for Cogent Communications?
Cogent Communications's fiscal year ends in December. Where is Cogent Communications based?
Cogent Communications's address is: 2450 North Street NW, Washington, DC, United States, 20037 What is Cogent Communications's ISIN number?
Cogent Communications's international securities identification number is: US19239V3024 What is Cogent Communications's CUSIP number?
Cogent Communications's Committee on Uniform Securities Identification Procedures number is: 19239V104
More guides on Finder
How to buy Argus Capital Corp (ARGU) stock when it goes public
Everything we know about the Argus Capital Corp IPO, plus information on how to buy in.
How to buy RenovoRx (RNXT) stock when it goes public
Everything we know about the RenovoRx IPO, plus information on how to buy in.
How to buy Draganfly (DPRO) stock when it goes public
Everything we know about the Draganfly IPO, plus information on how to buy in.
How to buy Society Pass Incorporated (SOPA) stock when it goes public
Everything we know about the Society Pass Incorporated IPO, plus information on how to buy in.
How to buy Guardforce AI Co (GFAI) stock when it goes public
Everything we know about the Guardforce AI Co IPO, plus information on how to buy in.
How to buy IsoPlexis Corporation (ISO) stock when it goes public
Everything we know about the IsoPlexis Corporation IPO, plus information on how to buy in.
How to buy Marpai (MRAI) stock when it goes public
Everything we know about the Marpai IPO, plus information on how to buy in.
How to buy DoubleDown Interactive (DDI) stock when it goes public
Everything we know about the DoubleDown Interactive IPO, plus information on how to buy in.
How to buy Omniq Corp (OMQS) stock when it goes public
Everything we know about the Omniq Corp IPO, plus information on how to buy in.
How to buy Mechanical Technology (MKTYP) stock when it goes public
Everything we know about the Mechanical Technology IPO, plus information on how to buy in.
Ask an Expert