Cogent Story

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CCOI -- USA Stock  

USD 68.38  0.58  0.84%

Cogent Comm Free Cash Flow is most likely to increase significantly in the upcoming years. The last year's value of Free Cash Flow was reported at 117.13 Million. The current Long Term Debt to Equity is estimated to increase to 6.91, while Revenue Per Employee is projected to decrease to roughly 457.3 K. Cogent Comm Hlds is scheduled to announce its earnings today. The next earnings report is expected on the 6th of May 2021. While some of us are excited about communication services space, let's try to concentrate on Cogent Comm Hlds in greater detail to make a better evaluation of its fundamental indicators. We will evaluate why we are still confident in anticipation of a recovery. Cogent Comm Hlds current probability of distress is under 44 percent. Will stockholders continue to be optimistic, or should we expect a sell-off?
Published over a month ago
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When the last time you checked Cogent Comm (NASDAQ:CCOI) fundamentals?
Cogent Comm has performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9883, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Cogent's beta means in this case. Cogent Comm returns are very sensitive to returns on the market. As the market goes up or down, Cogent Comm is expected to follow. Although it is extremely important to respect Cogent Comm Hlds historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Cogent Comm Hlds technical indicators, you can presently evaluate if the expected return of 0.0816% will be sustainable into the future. Cogent Comm Hlds right now shows a risk of 2.13%. Please confirm Cogent Comm Hlds information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis to decide if Cogent Comm Hlds will be following its price patterns.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Cogent Comm income statement, its balance sheet, and the statement of cash flows. Potential Cogent Comm investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cogent Comm investors may use each financial statement separately, they are all related. The changes in Cogent Comm's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cogent Comm's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Cogent Comm fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Cogent Comm performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Cogent Comm shares is the value that is considered the true value of the share. If the intrinsic value of Cogent is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Cogent Comm.
Please read more on our fundamental analysis page.

Are Cogent Comm Earnings Expected to grow?

The future earnings power of Cogent Comm involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Cogent Comm factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Cogent Comm stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Cogent expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Cogent Comm earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Cogent Comm dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Cogent one year expected dividend income is about $1.3 per share.
The current Payment of Dividends and Other Cash Distributions is estimated to decrease to about (132.8 M). The current Dividend Yield is estimated to decrease to 0.0441.
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-129.4 M-132.8 M
Dividend Yield 0.046  0.0441 
Dividends per Basic Common Share 2.77  2.38 
Investing in dividend-paying stocks, such as Cogent Comm Hlds is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Cogent Comm must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Cogent Comm. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Cogent Comm, but it might be worth checking our own buy vs. sell analysis

Cogent Comm Gross Profit

Cogent Comm Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cogent Comm previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cogent Comm Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Sale by John Chang of 558 shares of Cogent Comm

Legal trades by Cogent Comm insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Cogent insider trading alert for sale of common stock by John Chang, VP & Chief Legal Officer, on 6th of April 2021. This event was filed by Cogent Communications Hol with SEC on 2021-04-06. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper look at Cogent

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Cogent Comm is not uncomon. Institutional investors typically avoid acquiring a high percentage of Cogent Comm stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Cogent is distributed among investors.

Ownership Allocation

Cogent Comm Hlds retains a total of 47.25 Million outstanding shares. The majority of Cogent Comm Hlds outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cogent Comm Hlds to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cogent Comm. Please pay attention to any change in the institutional holdings of Cogent Comm Hlds as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Retail Investors4.09
 2020 2021 (projected)
Long Term Debt to Equity6.46.91
Interest Coverage1.881.55

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Cogent Comm has an asset utilization ratio of 88.94 percent. This implies that the company is making $0.89 for each dollar of assets. An increasing asset utilization means that Cogent Comm Hlds is more efficient with each dollar of assets it utilizes for everyday operations.

Current Assets
464.2 M
Assets Non Current
497.9 M
Current Assets464.19 Million48.12
Assets Non Current497.94 Million51.62
Tax Assets2.52 Million0.26

Our take on Cogent Comm to recoup

Current semi deviation is at 1.88.
As of the 25th of February, Cogent Comm shows the Mean Deviation of 1.5, risk adjusted performance of 0.0448, and Downside Deviation of 1.94. Cogent Comm Hlds technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Cogent Comm Hlds, which can be compared to its rivals. Please confirm Cogent Comm Hlds treynor ratio, and the relationship between the standard deviation and downside variance to decide if Cogent Comm Hlds is priced correctly, providing market reflects its regular price of 59.47 per share. Given that Cogent Comm has jensen alpha of (0.017698), we suggest you to validate Cogent Comm Hlds's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Take On Cogent Comm

While many other companies within the telecom services industry are still a little expensive, even after the recent corrections, Cogent Comm may offer a potential longer-term growth to stockholders. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither trade nor trade any shares of Cogent Comm at this time. The Cogent Comm Hlds risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Cogent Comm.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Cogent Comm Hlds. Please refer to our Terms of Use for any information regarding our disclosure principles.

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