Cogent Communications Group Stock Performance
| CCOI Stock | USD 64.32 0.19 0.29% |
The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cogent Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cogent Communications is expected to be smaller as well. Cogent Communications has an expected return of -0.2%. Please make sure to confirm Cogent Communications potential upside, and the relationship between the jensen alpha and daily balance of power , to decide if Cogent Communications performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cogent Communications Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in May 2024. The recent confusion may also be a sign of long-lasting up-swing for the firm traders. ...more
Actual Historical Performance (%)
One Day Return 0.61 | Five Day Return 4.75 | Year To Date Return (15.15) | Ten Year Return 83.18 | All Time Return (35.74) |
Forward Dividend Yield 0.0598 | Payout Ratio 0.0156 | Last Split Factor 1:20 | Forward Dividend Rate 3.86 | Dividend Date 2024-04-09 |
1 | Global Alpha Capital Management Ltd. Purchases Shares of 233,400 Cogent Communications Holdings, Inc. | 02/21/2024 |
2 | Sale by Weingarten Tim of 3200 shares of Cogent Communications | 02/23/2024 |
3 | Cogent Communications raises quarterly dividend by 1 percent to CAD 0.965share | 02/29/2024 |
4 | Insider Sell Cogent Communications Holdings Inc Chairman, CEO, and President Dave ... | 03/08/2024 |
5 | Disposition of 35000 shares by Schaeffer Dave of Cogent Communications at 67.93 subject to Rule 16b-3 | 03/11/2024 |
6 | Disposition of 2400 shares by Thaddeus Weed of Cogent Communications at 68.17 subject to Rule 16b-3 | 03/12/2024 |
7 | Disposition of 30000 shares by Schaeffer Dave of Cogent Communications at 67.52 subject to Rule 16b-3 | 03/13/2024 |
8 | Disposition of 26174 shares by Schaeffer Dave of Cogent Communications at 64.21 subject to Rule 16b-3 | 03/15/2024 |
9 | Disposition of 300 shares by Steven Brooks of Cogent Communications subject to Rule 16b-3 | 03/22/2024 |
10 | Raymond James Associates Purchases 41104 Shares of Cogent Communications Holdings, Inc. - Defense World | 03/28/2024 |
11 | Disposition of 50165 shares by Schaeffer Dave of Cogent Communications subject to Rule 16b-3 | 04/01/2024 |
| Cogent Communications dividend paid on 9th of April 2024 | 04/09/2024 |
12 | Fifth Third Bancorp Has 154000 Stock Holdings in Cogent Communications Holdings, Inc. - Defense World | 04/10/2024 |
13 | Cogent Communications to Host First Quarter 2024 Earnings Call on May 9, 2024 | 04/18/2024 |
14 | Verizon Communications Q1 Earnings Beat Estimates | 04/22/2024 |
| Begin Period Cash Flow | 275.9 M |
Cogent |
Cogent Communications Relative Risk vs. Return Landscape
If you would invest 7,390 in Cogent Communications Group on January 25, 2024 and sell it today you would lose (958.00) from holding Cogent Communications Group or give up 12.96% of portfolio value over 90 days. Cogent Communications Group is currently does not generate positive expected returns and assumes 2.059% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Cogent, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cogent Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cogent Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cogent Communications Group, and traders can use it to determine the average amount a Cogent Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0983
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| Negative Returns | CCOI |
Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cogent Communications is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cogent Communications by adding Cogent Communications to a well-diversified portfolio.
Cogent Communications Fundamentals Growth
Cogent Stock prices reflect investors' perceptions of the future prospects and financial health of Cogent Communications, and Cogent Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cogent Stock performance.
| Return On Equity | 0.28 | ||||
| Return On Asset | -0.0328 | ||||
| Profit Margin | 1.43 % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 4.77 B | ||||
| Shares Outstanding | 49.04 M | ||||
| Price To Earning | 166.38 X | ||||
| Price To Book | 5.07 X | ||||
| Price To Sales | 3.47 X | ||||
| Revenue | 940.92 M | ||||
| Gross Profit | 371.45 M | ||||
| EBITDA | 121.37 M | ||||
| Net Income | 1.27 B | ||||
| Cash And Equivalents | 312.05 M | ||||
| Cash Per Share | 6.69 X | ||||
| Total Debt | 1.83 B | ||||
| Debt To Equity | (55.02) % | ||||
| Current Ratio | 4.52 X | ||||
| Book Value Per Share | 12.87 X | ||||
| Cash Flow From Operations | 17.34 M | ||||
| Earnings Per Share | 26.62 X | ||||
| Market Capitalization | 3.16 B | ||||
| Total Asset | 3.47 B | ||||
| Retained Earnings | 17.14 M | ||||
| Working Capital | 140.3 M | ||||
| Current Asset | 202.28 M | ||||
| Current Liabilities | 61.96 M | ||||
About Cogent Communications Performance
To evaluate Cogent Communications Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cogent Communications generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cogent Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cogent Communications market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cogent's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 75.06 | 78.81 | |
| Return On Tangible Assets | 0.42 | 0.45 | |
| Return On Capital Employed | (0.04) | (0.03) | |
| Return On Assets | 0.37 | 0.38 | |
| Return On Equity | 2.09 | 2.19 |
Things to note about Cogent Communications performance evaluation
Checking the ongoing alerts about Cogent Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cogent Communications help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cogent Communications generated a negative expected return over the last 90 days | |
| Over 91.0% of the company shares are held by institutions such as insurance companies | |
| On 9th of April 2024 Cogent Communications paid $ 0.965 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Verizon Communications Q1 Earnings Beat Estimates |
- Analyzing Cogent Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cogent Communications' stock is overvalued or undervalued compared to its peers.
- Examining Cogent Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cogent Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cogent Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cogent Communications' stock. These opinions can provide insight into Cogent Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cogent Communications Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Cogent Communications' price analysis, check to measure Cogent Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cogent Communications is operating at the current time. Most of Cogent Communications' value examination focuses on studying past and present price action to predict the probability of Cogent Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogent Communications' price. Additionally, you may evaluate how the addition of Cogent Communications to your portfolios can decrease your overall portfolio volatility.
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Is Cogent Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cogent Communications. If investors know Cogent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cogent Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 228.092 | Dividend Share 3.76 | Earnings Share 26.62 | Revenue Per Share 18.802 | Quarterly Revenue Growth 0.702 |
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.