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.
infoCogent Communications is a mid cap stock with a total market cap of 3.33B.
infoThey trade on the NASDAQ and had their IPO 21 years and 6 months ago.
infoCogent Communications currently employs 2020 people.
infoAs of Wednesday, Aug 23 2023, Cogent Communications’s share price is $68.17.
News Relating to Cogent Communications
MarketBeat
2 Mid-Cap Telecom Stocks Offering Superior Returns
Wednesday Aug 23 2023 at 08:26
Telecom stocks have long been popular value plays for investors seeking a superior dividend yield with a modestly conservative investment approach. Household names like Comcast NASDAQ: CMCSA, T-Mobile US NASDAQ: TMUS, and AT&T NYSE: T have long been the favorites and most significant by market capitalization in the sector for quite some time, garnering most of the attention amongst investors.
Seeking Alpha
August’s 5 Dividend Growth Stocks With 5.74%+ Yields
Friday Aug 18 2023 at 14:27
U.S. credit rating cut by Fitch, inflation trending down and the Fed raising interest rates by another 25 basis points have been the headlines since our last month’s article. That being said, life and the search for attractive dividend growth stocks goes on. This month we have four familiar names and one new name that I believe is worth giving a deeper look to, despite its relatively short dividend history.
Seeking Alpha
6 Upcoming Dividend Increases, Including A Dividend King
Friday Aug 18 2023 at 13:07
Dividend investors prefer companies with a track record of increasing dividends, indicating strong business performance and shareholder rewards. The article provides lists of stocks expected to increase dividends in the coming week, based on companies with at least five years of consistent dividend growth. The article also includes tables and metrics for investors to prioritize current yield, historical dividend growth rates, and historical returns compared to a benchmark.
Zacks Investment Research
Cogent’s (CCOI) Q2 Earnings Miss Despite Higher Revenues
Friday Aug 11 2023 at 10:48
Year-over-year higher revenues fail to buoy second-quarter 2023 adjusted earnings of Cogent (CCOI).
GuruFocus
Cogent Communications Holdings Inc: A Telecommunication Stock with Good Outperformance Potential
Thursday Aug 10 2023 at 15:05
Cogent Communications Holdings Inc ( CCOI , Financial) is a prominent player in the Telecommunication Services industry. As of August 10, 2023, the company’s stock price stands at $65.39, with a market cap of $3.16 billion.
Zacks Investment Research
Cogent Communications (CCOI) Reports Q2 Loss, Lags Revenue Estimates
Thursday Aug 10 2023 at 10:01
Cogent Communications (CCOI) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.24 per share a year ago.
Zacks Investment Research
4 Safe Picks as Things Look Dicey for Wall Street This August
Thursday Aug 10 2023 at 09:15
Since August is living up to its reputation of being notorious, invest in safe stocks such as Runway Growth Finance (RWAY), Crescent Capital (CCAP), Getty Realty (GTY) and Cogent Communications (CCOI).
Zacks Investment Research
3 Stocks to Buy From the Prospering Wireless Industry
Friday Aug 04 2023 at 11:17
The accelerated pace of 5G deployment should help the Zacks Wireless National industry thrive despite chip shortages and raw material price volatility. TMUS, CCOI and USM are well poised to make the most of the current scenario.
Zacks Investment Research
Best Income Stocks to Buy for July 25th
Tuesday Jul 25 2023 at 09:22
CCOI, JHG and TM made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 25, 2023.
Zacks Investment Research
New Strong Buy Stocks for July 25th
Tuesday Jul 25 2023 at 07:52
NVGS, CCOI, NJDCY, LAKE and MOMO have been added to the Zacks Rank #1 (Strong Buy) List on July 25, 2023.
Seeking Alpha
SMDV: High Quality Small Cap ETF
Monday Jun 26 2023 at 13:30
SMDV: High Quality Small Cap ETF
InvestorPlace
Time’s Ticking: Dump These 7 Overvalued Dividend Stocks
Monday Jun 19 2023 at 17:19
When it comes to overvalued dividend stocks to sell, it’s best to think of them as a “picking up pennies in front of a steamroller” type of investment. That is, in exchange for relatively modest steady gains from dividend payouts, you are assuming a big risk.
Seeking Alpha
June’s 5 Dividend Growth Stocks With 5.93%+ Yields
Friday Jun 16 2023 at 14:11
Dividend growth stocks can provide growing wealth over time to income investors and potentially promote share price appreciation. The article explores five dividend growth stocks for June: OneMain Holdings, Enbridge, Alpine Income Property Trust, TC Energy Corp, and Cogent Communications Holdings Inc. These stocks were screened based on dividend safety, dividend growth, and dividend consistency, with more due diligence needed before making an investment decision.
PRNewsWire
Cogent Communications CEO to Present at Two Upcoming Conferences
Thursday May 25 2023 at 16:15
WASHINGTON , May 25, 2023 /PRNewswire/ — Cogent Communications Holdings, Inc.(“Cogent”) (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent’s Chief Executive Officer, will present at the following conferences: The TD Cowen 51st Annual Technology, Media & Telecom Conference is being held at Lotte New York Palace in New York, NY. Dave Schaeffer will be presenting on Wednesday, May 31 at 3:45 p.m.
Forbes
These 4 Dividends Are Flexing Their Relative Muscles
Sunday May 21 2023 at 09:05
A select group of income heroes are displaying notable “relative strength” right now.
Zacks Investment Research
3 Wireless Stocks Likely to Thrive Despite Industry Gloom
Tuesday May 16 2023 at 11:25
The accelerated pace of 5G deployment and fiber densification should help the Zacks Wireless National industry thrive despite chip shortages and raw material price volatility. TMUS, T and CCOI are well poised to make the most of the current scenario.
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of May 14
Saturday May 13 2023 at 23:33
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
Seeking Alpha
11 Upcoming Dividend Increases, Including 1 Dividend King
Thursday May 11 2023 at 16:10
All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 7.7% and a median increase of 7.0%.
PRNewsWire
Cogent Communications CEO to Present at Two Upcoming Conferences
Tuesday May 09 2023 at 09:20
WASHINGTON , May 9, 2023 /PRNewswire/ — Cogent Communications Holdings, Inc.(“Cogent”) (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent’s Chief Executive Officer, will present at the following conferences: The MoffetNathanson Inaugural Technology, Media, and Telecom Conference is being held at Westin Times Square in New York, NY. Dave Schaeffer will be presenting on Tuesday, May 16 at 11:00 a.m.
Seeking Alpha
Cogent Communications Holdings, Inc. (CCOI) Q1 2023 Earnings Call Transcript
Saturday May 06 2023 at 17:43
Cogent Communications Holdings, Inc. (NASDAQ:CCOI ) Q1 2023 Results Conference Call May 4, 2023 8:30 AM ET Company Participants Dave Schaeffer – Chairman and Chief Executive Officer Thad Weed – Chief Financial Officer Conference Call Participants David Barden – Bank of America Walter Piecyk – LightShed Walter Nick Del Deo – MoffettNathanson Michael Collins – Citi Frank Louthan – Raymond James Evan Young – KeyBanc Capital Markets Operator Good morning, and welcome to the Cogent Communications Holdings First Quarter 2023 Earnings Conference Call [Operator Instructions]. As a reminder, this conference call is being recorded, and it will be available for replay at http://www.cogentco.com.
Zacks Investment Research
Cogent Communications (CCOI) Q1 Earnings Beat Estimates
Thursday May 04 2023 at 09:55
Cogent Communications (CCOI) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.02 per share a year ago.
Seeking Alpha
Sell Alert: 2 High Yield Dividend Growth Stocks We Recently Dumped
Wednesday Apr 12 2023 at 08:00
While buying quality businesses and holding for the long term certainly has its merits, there are also times when it is important to know when to prune your portfolio. We explain our philosophy of when to sell a stock.
Seeking Alpha
My Dividend Growth Income – March 2023 Update
Wednesday Apr 05 2023 at 05:37
Dividends received in March totaled $644.63, a new personal record. Forward dividend income grew by $130, translating to M/M growth of 2.27%.
InvestorPlace
7 Overvalued Dividend Stocks to Sell Before It’s Too Late
Wednesday Mar 22 2023 at 19:44
When it comes to dividend investing, knowing which dividend stocks to sell can be more important than knowing which dividend stocks to buy. Buying stocks for income/yield can oftentimes be like trying to pick up pennies in front of a steamroller.
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of March 19
Sunday Mar 19 2023 at 05:04
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
Seeking Alpha
2 High-Yield Stocks I’m Buying For Dividend Growth
Wednesday Mar 15 2023 at 01:18
Both companies possess the highly desirable trait of high starting yield and strong dividend growth. Each company maintains operations in core functions of everyday life.
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of March 5
Sunday Mar 05 2023 at 00:15
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
Seeking Alpha
My Dividend Growth Income – February 2023 Update
Friday Mar 03 2023 at 03:02
Dividends received in February totaled $244.23. Forward dividend income grew by $71.65, translating to M/M growth of 1.27%.
Seeking Alpha
32 Upcoming Dividend Increases Including 2 Dividend Kings
Thursday Mar 02 2023 at 16:57
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.3% and a median increase of 8.1%.
Zacks Investment Research
Cogent (CCOI) Q4 Earnings Miss Estimates, Top Line Surges Y/Y
Friday Feb 24 2023 at 13:33
The commercial expansion of NetCentric business and a dependable and robust network infrastructure backed Cogent’s (CCOI) top-line improvement year over year. However, the pandemic’s adverse effects still hurt the company’s profits.
Cogent Communications Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Cogent Communications’s Altman Z-score is 0.8 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Cogent Communications Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has sold $602.90K of common stock in Cogent Communications on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
Cogent Communications’s Income Quality of 0.11 is lower than its Industry Group of 0.33 (-66.7% lower)
Cogent Communications’s Income Quality of 0.11 is lower than its Major Industry Group of 0.85 (-87.1% lower)
Cogent Communications’s Income Quality of 0.11 is lower than its Sector of 1.39 (-92.1% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
Cogent Communications’s Current Ratio of 1.72 is lower than its Industry Group of 2.07 (-16.9% lower)
Cogent Communications’s Current Ratio of 1.72 is greater than its Major Industry Group of 1.24 (38.7% greater)
Cogent Communications’s Current Ratio of 1.72 is greater than its Sector of 1.18 (45.8% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (2.97 & -0.33)
Cogent Communications’s PE Ratio of 2.97 is in line with its Major Industry Group of 2.91 (2.1% greater)
Cogent Communications’s PE Ratio of 2.97 is lower than its Sector of 6.18 (-51.9% lower)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Cogent Communications’s PB Ratio of 6.18 is greater than its Industry Group of 3.12 (98.1% greater)
Cogent Communications’s PB Ratio of 6.18 is greater than its Major Industry Group of 0.81 (663.0% greater)
Cogent Communications’s PB Ratio of 6.18 is greater than its Sector of 1.01 (511.9% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cogent Communications’s ROE of 2.08 is greater than its Industry Group of -0.36 (677.8% greater)
Cogent Communications’s ROE of 2.08 is greater than its Major Industry Group of 0.01 (20700.0% greater)
Cogent Communications’s ROE of 2.08 is greater than its Sector of 0.06 (3366.7% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cogent Communications’s ROCE of 0.02 is greater than its Industry Group of -0.2 (110.0% greater)
Cogent Communications’s ROCE of 0.02 is lower than its Major Industry Group of 0.04 (-50.0% lower)
Cogent Communications’s ROCE of 0.02 is lower than its Sector of 0.06 (-66.7% lower)
Derived from SEC.GOV filing dataopen_in_new