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 most optimistic analyst gave a price target of 50, which equates to a potential upside of 14.29 percent. The most pessimistic analyst gave a price target of 28, which equates to a potential downside of -36 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.92 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.8 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CCOI's earnings is estimated by analysts to be 50.8 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, 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, though it could be better to see where the ratio stands relative to peers 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 below the high by 3.31 percent. 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 will post this quarters earnings in days, on 0000-00-00.