cogent communications holdings inc. - CCOI

CCOI

Close Chg Chg %
82.79 0.36 0.43%

Closed Market

83.16

+0.36 (0.43%)

Volume: 475.73K

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: cogent communications holdings inc. - CCOI

CCOI Key Data

Open

$82.99

Day Range

82.83 - 84.44

52 Week Range

50.80 - 86.76

Market Cap

$4.11B

Shares Outstanding

49.02M

Public Float

43.99M

Beta

0.38

Rev. Per Employee

N/A

P/E Ratio

107.71

EPS

$0.84

Yield

463.06%

Dividend

$1.00

EX-DIVIDEND DATE

Nov 22, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

382.61K

 

CCOI Performance

1 Week
 
4.73%
 
1 Month
 
1.56%
 
3 Months
 
14.02%
 
1 Year
 
25.42%
 
5 Years
 
34.86%
 

CCOI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 13
Full Ratings ➔

About cogent communications holdings inc. - CCOI

Cogent Communications Holdings, Inc. engages in the provision of Internet access and Internet Protocol (IP) communications solutions. It offers Internet access and data transport through its fiber optic, IP data-only network, ethernet transport, and colocation services. The company was founded by David Schaeffer in August 1999 and is headquartered in Washington, DC.

CCOI At a Glance

Cogent Communications Holdings, Inc.
2450 North Street NW
Washington, District of Columbia 20037
Phone 1-202-295-4200 Revenue 940.92M
Industry Major Telecommunications Net Income 1.27B
Sector Communications 2023 Sales Growth 56.924%
Fiscal Year-end 12 / 2024 Employees 1,947
View SEC Filings

CCOI Valuation

P/E Current 107.713
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 2.857
Price to Sales Ratio 3.867
Price to Book Ratio 6.065
Price to Cash Flow Ratio 209.773
Enterprise Value to EBITDA 44.103
Enterprise Value to Sales 5.689
Total Debt to Enterprise Value 0.342

CCOI Efficiency

Revenue/Employee 483,267.591
Income Per Employee 654,052.902
Receivables Turnover 2.947
Total Asset Turnover 0.42

CCOI Liquidity

Current Ratio 1.376
Quick Ratio 1.376
Cash Ratio 0.305

CCOI Profitability

Gross Margin 17.481
Operating Margin -11.78
Pretax Margin 129.604
Net Margin 135.34
Return on Assets 56.799
Return on Equity 2,801.111
Return on Total Capital 52.239
Return on Invested Capital 81.83

CCOI Capital Structure

Total Debt to Total Equity 299.916
Total Debt to Total Capital 74.995
Total Debt to Total Assets 52.626
Long-Term Debt to Equity 278.17
Long-Term Debt to Total Capital 69.557
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cogent Communications Holdings Inc. - CCOI

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
568.10M 589.80M 599.60M 940.92M
Sales Growth
+4.02% +3.82% +1.66% +56.92%
Cost of Goods Sold (COGS) incl D&A
302.63M 315.58M 320.38M 776.44M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
83.48M 89.24M 92.22M 232.21M
Depreciation
83.48M 89.24M 92.22M 229.90M
Amortization of Intangibles
- - - 2.31M
-
COGS Growth
+0.86% +4.28% +1.52% +142.35%
Gross Income
265.47M 274.22M 279.23M 164.48M
Gross Income Growth
+7.87% +3.30% +1.83% -41.09%
Gross Profit Margin
+46.73% +46.49% +46.57% +17.48%
2020 2021 2022 2023 5-year trend
SG&A Expense
158.48M 162.38M 163.02M 275.32M
Research & Development
- - - -
-
Other SG&A
158.48M 162.38M 163.02M 275.32M
SGA Growth
+7.87% +2.46% +0.39% +68.88%
Other Operating Expense
- - - -
-
Unusual Expense
38.06M (25.20M) 25.68M 5.05M
EBIT after Unusual Expense
68.94M 137.04M 90.52M (115.89M)
Non Operating Income/Expense
3.86M 1.46M 3.44M 1.44B
Non-Operating Interest Income
978.00K 1.44M 3.44M 35.72M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
62.49M 67.07M 67.58M 106.78M
Interest Expense Growth
+8.76% +7.34% +0.76% +58.00%
Gross Interest Expense
62.49M 67.07M 67.58M 106.78M
Interest Capitalized
- - - -
-
Pretax Income
10.31M 71.42M 26.38M 1.22B
Pretax Income Growth
-80.42% +592.59% -63.07% +4,523.43%
Pretax Margin
+1.82% +12.11% +4.40% +129.60%
Income Tax
4.10M 23.23M 21.23M (53.96M)
Income Tax - Current - Domestic
2.88M 3.12M 4.20M 15.51M
Income Tax - Current - Foreign
947.00K 1.83M 496.00K 203.00K
Income Tax - Deferred - Domestic
626.00K 20.31M 16.44M (69.48M)
Income Tax - Deferred - Foreign
(353.00K) (2.02M) 97.00K (194.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
6.22M 48.19M 5.15M 1.27B
Minority Interest Expense
- - - -
-
Net Income
6.22M 48.19M 5.15M 1.27B
Net Income Growth
-83.43% +675.18% -89.32% +24,646.23%
Net Margin Growth
+1.09% +8.17% +0.86% +135.34%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
6.22M 48.19M 5.15M 1.27B
Preferred Dividends
- - - -
-
Net Income Available to Common
6.22M 48.19M 5.15M 1.27B
EPS (Basic)
0.1353 1.038 0.1098 26.881
EPS (Basic) Growth
-83.58% +667.18% -89.42% +24,381.79%
Basic Shares Outstanding
45.95M 46.42M 46.88M 47.37M
EPS (Diluted)
0.1332 1.026 0.109 26.6201
EPS (Diluted) Growth
-83.64% +670.27% -89.38% +24,322.11%
Diluted Shares Outstanding
46.67M 46.96M 47.21M 47.84M
EBITDA
190.47M 201.08M 208.43M 121.37M
EBITDA Growth
+6.14% +5.57% +3.65% -41.77%
EBITDA Margin
+33.53% +34.09% +34.76% +12.90%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 81.20
Number of Ratings 13 Current Quarters Estimate -1.199
FY Report Date 12 / 2024 Current Year's Estimate -4.591
Last Quarter’s Earnings -1.33 Median PE on CY Estimate N/A
Year Ago Earnings 26.62 Next Fiscal Year Estimate -3.795
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 5 12 12
Mean Estimate -1.20 -1.34 -4.59 -3.79
High Estimates -0.70 -0.99 -4.08 -2.02
Low Estimate -1.58 -1.57 -4.97 -6.00
Coefficient of Variance -22.77 -19.45 -6.07 -30.62

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 7 6 6
OVERWEIGHT 0 1 1
HOLD 3 3 3
UNDERWEIGHT 2 2 2
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Cogent Communications Holdings Inc. - CCOI

Date Name Shares Transaction Value
Nov 13, 2024 Sheryl I. Kennedy Director 10,318 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $80.58 per share 831,424.44
Jul 3, 2024 Steven D. Brooks Director 40,593 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 David Blake Bath Director 14,768 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Lewis H. Ferguson Director 19,298 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Deneen Howell Director 13,631 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 17, 2024 David Schaeffer CHAIRMAN, CEO, AND PRESIDENT; Director 4,433,038 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $51.78 per share 229,542,707.64
Jun 12, 2024 Marc Roger Montagner Director 79,468 Open market or private purchase of non-derivative security Non-derivative transaction at $52.61 per share 4,180,811.48
Jun 11, 2024 Thaddeus Gerard Weed VICE PRESIDENT, CFO 93,300 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $52.6 per share 4,907,580.00
Jun 7, 2024 Henry W. Kilmer VP OF NETWORK STRATEGY 38,600 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $56 per share 2,161,600.00
Jun 5, 2024 James Bubeck CHIEF REVENUE OFFICER 52,902 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $58.97 per share 3,119,630.94
Apr 2, 2024 Eve N. Howard Director 10,432 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Dec 13, 2023 John B. Chang VP & CHIEF LEGAL OFFICER 44,260 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $69 per share 3,053,940.00

Cogent Communications Holdings Inc. in the News