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CCOI

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

78.85USD+1.35 (+1.74%)Market Closed
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Market Summary

USD78.85+1.35
Market Closed
1.74%

CCOI Stock Price

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CCOI RSI Chart

CCOI Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

3.57

Price/Sales (Trailing)

4.67

EV/EBITDA

2.79

Price/Free Cashflow

-1.2K

CCOI Price/Sales (Trailing)

CCOI Profitability

EBT Margin

128.15%

Return on Equity

242.95%

Return on Assets

36.27%

Free Cashflow Yield

-0.08%

CCOI Fundamentals

CCOI Revenue

Revenue (TTM)

820.8M

Rev. Growth (Yr)

83.62%

Rev. Growth (Qtr)

14.85%

CCOI Earnings

Earnings (TTM)

1.1B

Earnings Growth (Yr)

-608.42%

Earnings Growth (Qtr)

-105.05%

Breaking Down CCOI Revenue

Last 7 days

-1.0%

Last 30 days

4.1%

Last 90 days

16.7%

Trailing 12 Months

15.7%

How does CCOI drawdown profile look like?

CCOI Financial Health

Current Ratio

1.63

CCOI Investor Care

Dividend Yield

4.72%

Dividend/Share (TTM)

3.72

Shares Dilution (1Y)

1.28%

Diluted EPS (TTM)

22.6

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023604.0M695.4M820.8M0
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

Tracking the Latest Insider Buys and Sells of Cogent Communications Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 01, 2024
chang john b.
gifted
-
-
375
vp & chief legal officer
Feb 01, 2024
chang john b.
gifted
-
-
-375
vp & chief legal officer
Jan 03, 2024
schaeffer dave
acquired
-
-
180,000
chairman, ceo, and president
Jan 03, 2024
kilmer henry w
acquired
-
-
14,600
vp of network strategy
Jan 03, 2024
weed thaddeus gerard
acquired
-
-
49,400
vice president, cfo
Jan 03, 2024
chang john b.
acquired
-
-
39,600
vp & chief legal officer
Jan 03, 2024
bubeck james
acquired
-
-
19,600
chief revenue officer
Jan 01, 2024
howard eve n
acquired
-
-
1,403
-
Jan 01, 2024
brooks steven d
acquired
-
-
1,403
-

1–10 of 50

Which funds bought or sold CCOI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
19.69
9,058,000
28,300,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
6,506
2,044,120
2,070,120
0.01%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
new
-
209,000
209,000
0.02%
Feb 15, 2024
Baker Avenue Asset Management, LP
sold off
-100
-495
-
-%
Feb 15, 2024
State of Wyoming
new
-
200,646
200,646
0.04%
Feb 15, 2024
B. Riley Asset Management, LLC
new
-
1,263,290
1,263,290
0.43%
Feb 15, 2024
JANE STREET GROUP, LLC
added
101
3,496,580
5,856,090
-%
Feb 15, 2024
BARCLAYS PLC
added
184
4,091,000
5,732,000
-%
Feb 15, 2024
Legal & General Group Plc
reduced
-10.5
1,454,640
16,043,400
-%
Feb 15, 2024
Farther Finance Advisors, LLC
added
377
10,535
12,702
-%

1–10 of 44

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
Feb 14, 2024
4/A
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 01, 2024
4
Insider Trading
Jan 30, 2024
4/A
Insider Trading
Jan 26, 2024
SC 13G/A
Major Ownership Report
Jan 22, 2024
SC 13G/A
Major Ownership Report
Jan 05, 2024
4
Insider Trading
Jan 05, 2024
8-K
Current Report
Jan 05, 2024
4
Insider Trading
Jan 05, 2024
4
Insider Trading

What is the Fair Value of CCOI?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Cogent Communications Holdings Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
195.0B
78.6B
-1.31% 11.63%
23.45
2.48
-1.27% 221.12%
171.2B
134.0B
5.01% 1.20%
14.74
1.28
-2.09% -45.36%
120.3B
122.4B
2.97% -11.01%
8.35
0.98
1.40% 268.93%
45.0B
54.6B
-19.70% -26.19%
9.5
0.82
1.08% -10.13%
MID-CAP
3.8B
820.8M
4.11% 15.68%
3.57
4.67
37.99% 4610.93%
3.0B
212.7M
-10.58% 37.40%
-202.32
14.24
50.14% 94.57%
2.8B
549.6M
13.38% 61.95%
12.85
5
20.05% 128.48%
2.5B
1.7B
-12.32% -38.93%
9.28
1.48
-1.64% 14.23%
-
15.6B
-100.00% -100.00%
-
-
-8.58% -35.37%
SMALL-CAP
839.3M
9.2B
-19.35% -56.33%
15.78
0.09
-4.26% -72.66%
708.9M
3.5M
28.06% 12.74%
44.8
200.32
115.01% 136.91%
565.2M
755.3M
2.34% -19.05%
-40.43
0.75
4.71% 51.69%
502.1M
1.1B
-4.61% -0.46%
-2.02
0.44
-6.83% -232.03%
148.9M
50.5M
40.58% 297.28%
-4.51
2.95
43.78% -867.31%

Cogent Communications Holdings Inc News

Latest updates
MarketBeat41 hours ago

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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue14.9%275240154152150148149147148148147144142141141140137135134132130
Costs and Expenses18.8%326274129125121119121118119120121117116114115113111113110110108
  S&GA Expenses-21.9%65.0084.0045.0044.0039.0039.0041.0039.0040.0041.0041.0039.0040.0040.0040.0037.0036.0039.0036.0033.0033.00
EBITDA Margin-14.8%1.62*1.91*0.34*0.31*0.32*0.36*0.33*0.37*0.32*0.28*0.30*0.28*---------
Interest Expenses-15.5%24.0029.0019.0022.0018.0013.0014.0014.0014.0014.0016.0016.0016.0015.0015.0015.0015.0014.0013.0014.0013.00
Income Taxes44.0%-13.62-24.335.0011.001.009.001.007.009.000.007.00-0.65-1.603.004.003.005.003.004.004.003.00
Earnings Before Taxes-106.4%-70.351,10011.0012.00-7.0420.002.0025.0022.00-2.0726.00-7.27-6.5511.0013.0011.0019.0010.0013.0011.0011.00
EBT Margin-20.1%1.28*1.60*0.06*0.04*0.07*0.12*0.08*0.12*0.07*0.02*0.04*0.02*---------
Net Income-105.0%-56.721,1246.001.00-8.0111.001.0019.0013.00-2.4919.00-6.62-4.959.009.007.0014.007.009.007.008.00
Net Income Margin-19.0%1.31*1.61*0.02*0.01*0.04*0.07*0.05*0.08*0.04*0.01*0.03*0.01*---------
Free Cashflow-272.1%-77.8045.0013.0017.0030.0017.0031.0021.0025.0023.0032.0022.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-6.4%2,9623,1639981,0101,0211,0159709851,0091,0118531,0001,0011,005914932932949797740757
  Current Assets-18.5%581713329366414437395410436455316456475497457476474486334350359
    Cash Equivalents-43.0%110192184224324350312329355374238371393417375399396399399276285
  Net PPE0.6%1,6181,607572544504461456458455436425430---369371376375375381
Liabilities-4.0%2,5202,6241,5471,5291,5121,4551,3781,3581,3661,3471,1611,2941,2621,2411,1361,1361,1231,126961889883
  Current Liabilities-14.5%35641612712012297.0092.0081.0099.0094.0042394.0095.0010090.0090.0086.0090.0082.0075.0072.00
Shareholder's Equity-18.0%442539583575568561555548541533524516513506499493487482475471473
  Retained Earnings-292.7%-136-34.79-1,113-1,074-1,031-980-950-909-888-864-825-807-766-729-705-684-662-647-626-609-590
  Additional Paid-In Capital1.5%598590583575568561555548541533524516513506499493487482475471473
Accumulated Depreciation6.4%1,3291,2491,1971,170---1,162---1,086---998---925-
Shares Outstanding0.0%49.0049.0048.0048.0047.0047.0047.0048.0046.0046.0046.0046.00---------
Float------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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-163.4%-52,43282,65435,82136,32353,57034,40349,41135,98447,41839,74947,10637,57132,98041,31128,45846,09733,44340,63228,63740,72631,745
  Share Based Compensation18.6%7,4116,2496,5816,2656,2115,9076,0566,0536,5886,8747,3075,8466,5226,0825,0754,9404,7965,2903,4344,4084,821
Cashflow From Investing378.4%62,127-22,316-23,204-19,591-23,971-17,288-18,121-15,296-21,959-17,217-15,444-15,860-13,296-13,930-12,866-9,899-12,051-11,720-13,288-10,937-12,107
Cashflow From Financing-64.0%-86,036-52,464-54,616-68,301-52,49623,476-47,528-46,271-43,680112,793-163,667-45,768-44,97713,315-38,572-34,124-32,817120,770-31,809-37,51040,883
  Dividend Payments-45,136-45,311--41,85541,29839,55237,65437,00136,081-32,657-30,557------
  Buy Backs------------4,225---------

CCOI Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)    
Service revenue$ 275,429$ 150,000$ 668,822$ 447,625
Operating expenses:    
Network operations (including equity-based compensation expense, respectively, exclusive of depreciation and amortization shown separately below)173,59457,220369,734171,183
Selling, general, and administrative (including equity-based compensation expense, respectively)65,30839,114194,046119,129
Acquisition costs - Sprint Business3512,0041,4902,004
Depreciation and amortization86,73422,897164,40368,659
Total operating expenses325,987121,235729,673360,975
Gain (Loss) on lease transactions (670) (210)
Operating (loss) income(50,558)28,095(60,851)86,440
Interest expense(24,198)(17,948)(71,855)(45,594)
Loss on bargain purchase - Sprint Business(3,332)   
Gain on bargain purchase - Sprint Business  1,152,386 
Change in valuation - interest rate swap agreement(4,825)(16,923)(4,283)(45,703)
Foreign exchange gain on 2024 Euro Notes   31,561
Loss on debt extinguishment and redemption- 2024 Euro Notes   (11,885)
Interest income - IP Transit Services Agreement10,299 17,968 
Interest income - Purchase Agreement664 1,170 
Interest income and other, net1,604(262)5,154(462)
Income before income taxes(70,346)(7,038)1,039,68914,357
Income tax benefit (expense)13,623(969)33,599(10,063)
Net income (loss)(56,723)(8,007)1,073,2884,294
Comprehensive income (loss):    
Net income (loss)(56,723)(8,007)1,073,2884,294
Foreign currency translation adjustment(4,134)(7,752)(605)(17,410)
Comprehensive income (loss)$ (60,857)$ (15,759)$ 1,072,683$ (13,116)
Net income (loss) per common share:    
Basic net income (loss) per common share$ (1.20)$ (0.17)$ 22.72$ 0.09
Diluted net income (loss) per common share(1.20)(0.17)22.540.09
Dividends declared per common share$ 0.945$ 0.905$ 2.805$ 2.640
Weighted-average common shares - basic47,227,33846,736,74247,234,02546,759,632
Weighted-average common shares - diluted47,227,33846,736,74247,624,70947,097,580

CCOI Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 109,661$ 223,783
Restricted cash56,41152,129
Accounts receivable, net of allowance for credit losses of $4,158 and $2,303, respectively87,17044,123
Due from T-Mobile, IP Transit Services Agreement, current portion, net of discount of $29,029237,637 
Due from T-Mobile, Transition Services Agreement16,831 
Prepaid expenses and other current assets73,54145,878
Total current assets581,251365,913
Property and equipment:  
Property and equipment2,946,7231,714,906
Accumulated depreciation and amortization(1,329,114)(1,170,476)
Total property and equipment, net1,617,609544,430
Right-of-use leased assets364,39781,601
Intangible assets, net54,362 
Deposits and other assets22,14318,238
Due from T-Mobile, IP Transit Services Agreement, net of discount of $32,613284,054 
Due from T-Mobile, Purchase Agreement, net of discount of $14,44437,865 
Total assets2,961,6811,010,182
Current liabilities:  
Accounts payable29,36727,208
Accrued and other current liabilities120,03163,889
Due to T-Mobile - Transition Services Agreement69,629 
Due to T-Mobile - Purchase Agreement4,981 
Current maturities, operating lease liabilities68,41812,005
Finance lease obligations, current maturities63,23617,182
Total current liabilities355,662120,284
Operating lease liabilities, net of current maturities330,99394,587
Finance lease obligations, net of current maturities419,941287,044
Deferred income tax liabilities388,27347,646
Other long-term liabilities79,43534,990
Total liabilities2,519,5531,528,814
Commitments and contingencies:
Stockholders' equity (deficit):  
Common stock, $0.001 par value; 75,000,000 shares authorized; 48,612,382 and 48,013,330 shares issued and outstanding, respectively4948
Additional paid-in capital598,494575,064
Accumulated other comprehensive loss(19,761)(19,156)
Accumulated deficit(136,654)(1,074,588)
Total stockholders' equity (deficit)442,128(518,632)
Total liabilities and stockholders' equity (deficit)2,961,6811,010,182
Senior secured 2026 Notes  
Current liabilities:  
Senior secured 2026 notes, net of unamortized debt costs of $710 and $905, respectively, and discounts of $945 and $1,203, respectively498,345497,892
Senior unsecured 2027 Notes  
Current liabilities:  
Senior unsecured 2027 notes, net of unamortized debt costs of $1,001 and $1,173, respectively, and discounts of $2,095 and $2,456, respectively$ 446,904$ 446,371
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
 WEBSITEwww.cogentco.com
 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 Fri Feb 23 2024, market cap of Cogent Communications Holdings Inc is 3.83 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 Fri Feb 23 2024, CCOI's PE ratio (Price to Earnings) is 3.57 and Price to Sales (PS) ratio is 4.67. 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 0.103 (multiply by 100 for percentage) rate of return.