Cogent Communications (NASDAQ: CCOI) is one of 48 publicly-traded companies in the “Integrated Telecommunications Services” industry, but how does it compare to its peers? We will compare Cogent Communications to similar companies based on the strength of its institutional ownership, profitability, dividends, analyst recommendations, valuation, earnings and risk.
Valuation and Earnings
This table compares Cogent Communications and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Cogent Communications||$446.90 million||$14.92 million||130.14|
|Cogent Communications Competitors||$16.60 billion||$1.32 billion||15.16|
Cogent Communications pays an annual dividend of $1.92 per share and has a dividend yield of 4.1%. Cogent Communications pays out 533.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Integrated Telecommunications Services” companies pay a dividend yield of 4.4% and pay out 852.8% of their earnings in the form of a dividend.
Insider & Institutional Ownership
95.6% of Cogent Communications shares are owned by institutional investors. Comparatively, 60.1% of shares of all “Integrated Telecommunications Services” companies are owned by institutional investors. 9.5% of Cogent Communications shares are owned by insiders. Comparatively, 5.0% of shares of all “Integrated Telecommunications Services” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
This table compares Cogent Communications and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Cogent Communications Competitors||2.27%||-0.83%||2.01%|
This is a breakdown of current ratings and recommmendations for Cogent Communications and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Cogent Communications Competitors||592||1698||2014||66||2.36|
Cogent Communications presently has a consensus price target of $42.67, suggesting a potential downside of 8.93%. As a group, “Integrated Telecommunications Services” companies have a potential upside of 63.18%. Given Cogent Communications’ peers stronger consensus rating and higher probable upside, analysts plainly believe Cogent Communications has less favorable growth aspects than its peers.
Risk & Volatility
Cogent Communications has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500. Comparatively, Cogent Communications’ peers have a beta of 0.97, suggesting that their average stock price is 3% less volatile than the S&P 500.
Cogent Communications peers beat Cogent Communications on 9 of the 15 factors compared.
Cogent Communications Company Profile
Cogent Communications Holdings, Inc. is a facilities-based provider of Internet access and Internet Protocol (IP), communications services. The Company’s network is specifically designed and optimized to transmit data using IP. The Company delivers its services primarily to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations in North America, Europe and in Japan. The Company offers on-net services in over 175 metropolitan markets. The Company serves 1,990 on-net buildings. The Company’s on-net service in North America is its Fast Ethernet service, which provides Internet access at 100 megabits per second. It also offers Internet access services at higher speeds of up to ten Gigabits per second. These services are generally used by customers that have businesses, such as Web hosting, that are Internet-based.
Receive News & Ratings for Cogent Communications Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogent Communications Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.