Cogent Communications Stock Target Price and Analyst Consensus

CCOI Stock  USD 68.52  0.91  1.35%   
The current analyst and expert consensus on Cogent Communications is Buy, with 1 strong sell and 5 strong buy opinions. The current projected Cogent Communications target price consensus is 82.09 with 12 analyst opinions. Check out Macroaxis Advice on Cogent Communications to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Cogent Communications analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cogent Communications executives and customers to further validate their buy or sell advice. Cogent Communications buy-or-sell recommendation module provides average expert sentiment on the projected Cogent Communications target price to derive its highest and lowest estimates based on projected price volatility of 1.9675.
Lowest Forecast
74.7
Highest Forecast
91.12
Target Price
82.09
The Cogent Communications' current Gross Profit is estimated to increase to about 202.7 M, while Pretax Profit Margin is forecasted to increase to (0.31). As of now, Cogent Communications' Total Stockholder Equity is decreasing as compared to previous years. The Cogent Communications' current Other Liabilities is estimated to increase to about 61.3 M, while Other Current Liabilities is projected to decrease to under 36.9 M.
  
It's important to approach Cogent Communications' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cogent Communications price targets

Cogent Communications' stock target price is an estimate of its future price, usually made by analysts. Using Cogent Communications' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cogent Communications' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cogent Communications' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cogent Communications Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cogent Communications is a key component of Cogent Communications valuation and have some predictive power on the future returns of a Cogent Communications.
Hype
Prediction
LowEstimatedHigh
66.6168.5970.57
Details
Intrinsic
Valuation
LowRealHigh
61.6776.9278.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-1.16-1.14-1.12
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 60 shares
Momentum Idea
Momentum
Invested few shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested over 40 shares
Apparel Idea
Apparel
Invested over 40 shares
Casinos Idea
Casinos
Sold over 90 shares
Macroaxis Index Idea
Macroaxis Index
Sold over 90 shares
Utilities Idea
Utilities
Invested over 90 shares
When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:
Check out Macroaxis Advice on Cogent Communications to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.