Cogent Communications Group Stock Today
| CCOI Stock | USD 82.57 0.07 0.08% |
Performance13 of 100
| Odds Of DistressLess than 16
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Cogent Communications is trading at 82.57 as of the 28th of November 2024. This is a 0.08 percent increase since the beginning of the trading day. The stock's open price was 82.5. Cogent Communications has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Cogent Communications Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Telecommunication Services | IPO Date 5th of February 2002 | Category Communication Services |
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. The company has 49.02 M outstanding shares of which 4.07 M shares are currently shorted by private and institutional investors with about 10.75 trading days to cover. More on Cogent Communications Group
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Moving against Cogent Stock
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Cogent Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | David Schaeffer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Telecommunication Services, Telecommunication Services, Communication Services, NASDAQ Composite, SP Small-Cap 600, Communication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCogent Communications can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cogent Communications' financial leverage. It provides some insight into what part of Cogent Communications' total assets is financed by creditors.
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Cogent Communications Group (CCOI) is traded on NASDAQ Exchange in USA. It is located in 2450 North Street NW, Washington, DC, United States, 20037 and employs 1,908 people. Cogent Communications is listed under Diversified Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.04 B. Cogent Communications conducts business under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 49.02 M outstanding shares of which 4.07 M shares are currently shorted by private and institutional investors with about 10.75 trading days to cover.
Cogent Communications Group currently holds about 312.05 M in cash with 17.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.69.
Check Cogent Communications Probability Of Bankruptcy
Ownership AllocationCogent Communications holds a total of 49.02 Million outstanding shares. The majority of Cogent Communications Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cogent Communications to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cogent Communications. Please pay attention to any change in the institutional holdings of Cogent Communications Group as this could imply that something significant has changed or is about to change at the company. Also note that nearly three million two hundred fourty-five thousand four hundred nine invesors are currently shorting Cogent Communications expressing very little confidence in its future performance.
Check Cogent Ownership Details
Cogent Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Capital World Investors | 2024-09-30 | 981.6 K | |
| Renaissance Technologies Corp | 2024-09-30 | 895.2 K | |
| Fmr Inc | 2024-09-30 | 800.8 K | |
| Copeland Capital Management, Llc | 2024-09-30 | 759.3 K | |
| Broad Run Investment Management, Llc | 2024-09-30 | 707 K | |
| Amvescap Plc. | 2024-06-30 | 689.1 K | |
| Senator Investment Group Lp | 2024-09-30 | 664.2 K | |
| Westwood Holdings Group Inc | 2024-09-30 | 620.1 K | |
| Boston Financial Mangement Inc | 2024-09-30 | 609.8 K | |
| Blackrock Inc | 2024-06-30 | 6.8 M | |
| Vanguard Group Inc | 2024-09-30 | 5.1 M |
Cogent Communications Historical Income Statement
Cogent Stock Against Markets
Cogent Communications Corporate Executives
Elected by the shareholders, the Cogent Communications' board of directors comprises two types of representatives: Cogent Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cogent. The board's role is to monitor Cogent Communications' management team and ensure that shareholders' interests are well served. Cogent Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cogent Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thaddeus Weed | CFO, Principal Accounting Officer and Treasurer | Profile | |
| Thaddeus CPA | CFO VP | Profile | |
| David Kapp | VP CTO | Profile |
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. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cogent Communications. If investors know Cogent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cogent Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 228.092 | Dividend Share 3.88 | Earnings Share 0.69 | Revenue Per Share 20.531 | Quarterly Revenue Growth (0.09) |
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.