How does Cogent Communications Holdings Inc (CCOI) change from a tortoise to a hare?

With 0.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.41 million shares. The 52-week range on CCOI shows that it touched its highest point at $86.00 and its lowest point at $57.35 during that stretch. It currently has a 1-year price target of $80.69. With its current market cap of 2.99 billion, CCOI has annualized dividend of $3.80 while the current yield stands at 6.04%. Beta for the stock currently stands at 0.38.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CCOI was up-trending over the past week, with a rise of 0.03%, but this was down by -19.87% over a month. Three-month performance dropped to -17.25% while six-month performance rose 1.68%. The stock gained 0.83% in the past year, while it has lost -17.25% so far this year. A look at the trailing 12-month EPS for CCOI yields 26.74 with Next year EPS estimates of -2.75. For the next quarter, that number is -1.17. This implies an EPS growth rate of -115.24% for this year and 32.25% for next year. EPS is expected to decline by -0.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 111.69%.

Float and Shares Shorts:

At present, 48.61 million CCOI shares are outstanding with a float of 42.35 million shares on hand for trading. On Mar 15, 2024, short shares totaled 3.13 million, which was 6.39% higher than short shares on Feb 15, 2024. In addition to CCI as the firm’s Crown Castle Inc., CCO serves as its Clear Channel Outdoor Holdings,.

Institutional Ownership:

Through their ownership of 91.15% of CCOI’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CCOI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, CCOI has a current ratio of $3.86, which is $3.86 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and CCOI currently yields $6.04. In the past year, CCOI’s dividend yield has been $6.04, but when looking at the stock over the past five years, its yield has been $4.48. Accordingly, CCOI has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.