A share price of Cogent Communications Holdings Inc [CCOI] is currently trading at $54.35, down -0.60%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CCOI shares have gain 4.40% over the last week, with a monthly amount drifted -11.35%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cogent Communications Holdings Inc [NASDAQ: CCOI] stock has seen the most recent analyst activity on November 14, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $102. Previously, BofA Securities downgraded its rating to Underperform on August 21, 2024, and dropped its price target to $65. On July 01, 2024, Goldman initiated with a Neutral rating and assigned a price target of $56 on the stock. BofA Securities downgraded its rating to a Neutral but stick to its price target of $75 on March 07, 2024. Goldman upgraded its rating to a Neutral and raised its price target to $64 on August 21, 2023. TD Cowen upgraded its rating to Outperform for this stock on August 11, 2023. In a note dated May 08, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $72 to $70.
Cogent Communications Holdings Inc experienced fluctuations in its stock price throughout the past year between $47.54 and $86.76. Currently, Wall Street analysts expect the stock to reach $102 within the next 12 months. Cogent Communications Holdings Inc [NASDAQ: CCOI] shares were valued at $54.35 at the most recent close of the market. An investor can expect a potential return of 87.67% based on the average CCOI price forecast.
Analyzing the CCOI fundamentals
Trailing Twelve Months sales for Cogent Communications Holdings Inc [NASDAQ:CCOI] were 1.04B which represents -7.28% decline. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.56 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of10.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.58 points at the first support level, and at 52.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.22, and for the 2nd resistance point, it is at 56.08.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cogent Communications Holdings Inc [NASDAQ:CCOI] is 1.90. In addition, the Quick Ratio stands at 1.90 and the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 2.59, the price to book ratio is 11.96.
Transactions by insiders
Recent insider trading involved David Schaeffer, Founder, that happened on Mar 14 ’25 when 52500.0 shares were purchased. Director, FERGUSON Lewis H completed a deal on Mar 12 ’25 to sell 956.0 shares. Meanwhile, Director Lewis H FERGUSON bought 956.0 shares on Mar 11 ’25.
