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.

Many analysts weighed in on price targets for CCOI. The most optimistic analyst gave a price target of 50, implying a possible profit of 14.29 percent. The lowest price target was 28, implying potential capital losses of -36 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 4.55 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.92 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.8 percent.

Another thing investors often look at is the level of agreement among analysts' 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.

CCOI has an estimated earnings growth rate of 50.8 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CCOI has a PEG ratio of 2.46.

In the last 52-weeks, CCOI has achieved a high of 45.25 and a low of 34.23. Today's price is 27.81 percent above the 52-week low, and 3.31 percent lower than its 52-week 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 stock has a market capitalization of $1.98 billion. CCOI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.