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.

CCOI was given price targets by several analysts. The highest price target was 50, which equates to a potential upside of 14.29 percent. The minimum price target given was 28, implying a possible loss of -36 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 4.55 percent if we expand the time horizon to include the past 3 months instead of just one. 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. Also over the last month, 0 analysts increased their estimates for the FY earnings, 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. 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. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CCOI is 2.46.

CCOI has traded between a high of 45.25 and a low of 34.23 over the past year. Today's price is 27.81 percent above the 52-week low, and below the high by 3.31 percent. CCOI has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.