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.

Investment analysts gave a few price targets for CCOI. The most optimistic price target was 50, implying a possible profit of 14.29 percent. The lowest price target was 28, which equates to a potential downside of -36 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of CCOI to grow at a rate of 50.8 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CCOI is 2.46.

CCOI has a 52-week high of 45.25 and a 52-week low of 34.23. Today's price is 27.81 percent above the 52-week low, and 3.31 percent below the high. 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.