NASDAQ
CCOI

Cogent Communications Group Inc

Telecom Services
Communication Services

Prices are adjusted according to historical splits.

Cogent Communications Group Inc Stock Price

Vitals

Today's Low:
$66.02
Today's High:
$67.58
Open Price:
$66.06
52W Low:
$44.6576
52W High:
$73.8887
Prev. Close:
$66.39
Volume:
318350

Company Statistics

Market Cap.:
$3.05 billion
Book Value:
-11.662
Revenue TTM:
$588.12 million
Operating Margin TTM:
19.13%
Gross Profit TTM:
$371.45 million
Profit Margin:
1.73%
Return on Assets TTM:
7.15%
Return on Equity TTM:
0%

Company Profile

Cogent Communications Group Inc had its IPO on 2002-02-05 under the ticker symbol CCOI.

The company operates in the Communication Services sector and Telecom Services industry. Cogent Communications Group Inc has a staff strength of 1,107 employees.

Stock update

Shares of Cogent Communications Group Inc opened at $66.06 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $66.02 - $67.58, and closed at $66.63.

This is a +0.36% increase from the previous day's closing price.

A total volume of 318,350 shares were traded at the close of the day’s session.

In the last one week, shares of Cogent Communications Group Inc have slipped by -6.56%.

Cogent Communications Group Inc's Key Ratios

Cogent Communications Group Inc has a market cap of $3.05 billion, indicating a price to book ratio of 0 and a price to sales ratio of 4.6067.

In the last 12-months Cogent Communications Group Inc’s revenue was $588.12 million with a gross profit of $371.45 million and an EBITDA of $207.20 million. The EBITDA ratio measures Cogent Communications Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cogent Communications Group Inc’s operating margin was 19.13% while its return on assets stood at 7.15% with a return of equity of 0%.

In Q1, Cogent Communications Group Inc’s quarterly earnings growth was a positive 550% while revenue growth was a positive 2.7%.

Cogent Communications Group Inc’s PE and PEG Ratio

Forward PE
53.1915
Trailing PE
274.3044
PEG
2.234

Its diluted EPS in the last 12-months stands at $0.23 per share while it has a forward price to earnings multiple of 53.1915 and a PEG multiple of 2.234. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cogent Communications Group Inc’s profitability.

Cogent Communications Group Inc stock is trading at a EV to sales ratio of 6.3368 and a EV to EBITDA ratio of 18.8818. Its price to sales ratio in the trailing 12-months stood at 4.6067.

Cogent Communications Group Inc stock pays annual dividends of $3.625 per share, indicating a yield of 6.1% and a payout ratio of 16%.

Balance sheet and cash flow metrics

Total Assets
$998.41 million
Total Liabilities
$127.42 million
Operating Cash Flow
$-23204000.00
Capital Expenditure
$23.20 million
Dividend Payout Ratio
16%

Cogent Communications Group Inc ended 2024 with $998.41 million in total assets and $0 in total liabilities. Its intangible assets were valued at $998.41 million while shareholder equity stood at $-548547000.00.

Cogent Communications Group Inc ended 2024 with $0 in deferred long-term liabilities, $127.42 million in other current liabilities, 48000.00 in common stock, $-1113751000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $184.14 million and cash and short-term investments were $184.14 million. The company’s total short-term debt was $32,151,000 while long-term debt stood at $944.59 million.

Cogent Communications Group Inc’s total current assets stands at $328.80 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $45.17 million compared to accounts payable of $18.50 million and inventory worth $0.

In 2024, Cogent Communications Group Inc's operating cash flow was $-23204000.00 while its capital expenditure stood at $23.20 million.

Comparatively, Cogent Communications Group Inc paid $0.16 in dividends in 2024.

Other key metrics

Current Trading Price
$66.63
52-Week High
$73.8887
52-Week Low
$44.6576
Analyst Target Price
$70.2

Cogent Communications Group Inc stock is currently trading at $66.63 per share. It touched a 52-week high of $73.8887 and a 52-week low of $73.8887. Analysts tracking the stock have a 12-month average target price of $70.2.

Its 50-day moving average was $64.83 and 200-day moving average was $62.24 The short ratio stood at 6.33 indicating a short percent outstanding of 0%.

Around 1255.9% of the company’s stock are held by insiders while 8728% are held by institutions.

Frequently Asked Questions About Cogent Communications Group Inc

The stock symbol (also called stock or share ticker) of Cogent Communications Group Inc is CCOI

The IPO of Cogent Communications Group Inc took place on 2002-02-05

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About

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. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers’ circuits to provide the last mile portion of the link from the customers’ premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.

Address

2450 North Street NW, Washington, DC, United States, 20037