Cogent Communications Holdings Inc [CCOI] stock is trading at $47.50, up 1.58%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CCOI shares have gain 3.15% over the last week, with a monthly amount drifted -13.13%, 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 [CCOI] stock has fluctuated between $43.65 and $86.76 over the past year. Currently, Wall Street analysts expect the stock to reach $77.5 within the next 12 months. Cogent Communications Holdings Inc [NASDAQ: CCOI] shares were valued at $47.50 at the most recent close of the market. An investor can expect a potential return of 63.16% based on the average CCOI price forecast.
Analyzing the CCOI fundamentals
Cogent Communications Holdings Inc [NASDAQ:CCOI] reported sales of 1.02B for the trailing twelve months, which represents a drop of -7.18%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.69 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of16.53.
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 46.61 points at the first support level, and at 45.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.96, and for the 2nd resistance point, it is at 48.41.
Ratios To Look Out For
For context, Cogent Communications Holdings Inc’s Current Ratio is 1.49. As well, the Quick Ratio is 1.49, while the Cash Ratio is 0.54. Considering the valuation of this stock, the price to sales ratio is 2.30, the price to book ratio is 16.41.
Transactions by insiders
Recent insider trading involved David Schaeffer, Founder, that happened on May 29 ’25 when 25000.0 shares were purchased. CHAIRMAN, CEO, AND PRESIDENT, SCHAEFFER DAVE completed a deal on May 28 ’25 to sell 20000.0 shares. Meanwhile, VICE PRESIDENT, CFO WEED THADDEUS GERARD sold 100.0 shares on May 28 ’25.
