Analyst Ratings for Cogent Communications Holdings Inc. (CCOI)

Updated: 2017-07-27

Shares of Cogent Communications Holdings Inc. (NASDAQ:CCOI) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, CCOI was issued an average rating of Overweight.

8 analysts declared CCOI a buy, 0 issued an overweight rating, 8 issued a hold rating, 1 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CCOI by the analysts covering the stock. The maximum price target given was 50, implying potential capital gains of 14.29 percent. The most pessimistic analyst gave a price target of 28, which equates to a potential downside of -36 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 4.55 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.92 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.8 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CCOI to grow at a rate of 50.8 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CCOI is 2.46.

In the last 52-weeks, CCOI has achieved a high of 45.25 and a low of 34.23. Currently the stock is 27.81 percent higher than its low, and 3.31 percent below the high. CCOI has a price/earnings ratio of 125. Investors typically compare the P/E ratio to a company's peers in the industry. The CCOI value stock report compares CCOI to some of its peers using value stock charts. The market cap of CCOI is $1.98 billion. CCOI's next earnings release will be on 0000-00-00, which is days away.