Date | Price Target | Rating | Analyst |
---|---|---|---|
8/21/2024 | $75.00 → $65.00 | Neutral → Underperform | BofA Securities |
7/1/2024 | $56.00 | Neutral | Goldman |
3/7/2024 | $75.00 | Buy → Neutral | BofA Securities |
8/21/2023 | $43.00 → $64.00 | Sell → Neutral | Goldman |
8/11/2023 | Market Perform → Outperform | TD Cowen | |
5/8/2023 | $72.00 → $70.00 | Overweight → Neutral | JP Morgan |
5/3/2023 | $45.00 → $85.00 | Underperform → Buy | BofA Securities |
10/11/2022 | $74.00 → $56.00 | Outperform → Neutral | Credit Suisse |
BURLINGTON, Mass., March 14, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that it has named industry veteran Marc Montagner as its new Chief Financial Officer (CFO), effective April 4, 2022. He will be based in the Cerence Burlington, Massachusetts headquarters and will report to Stefan Ortmanns, Cerence CEO. Mr. Montagner, who most recently served as CFO at Endurance International, is a proven, global CFO with a superior track record of delivering results and creating value. He is a widely respected, high-impact executive who brings a compelling mix of financial and operational discipline, finely tuned communication skills, and transf
BofA Securities downgraded Cogent Communications from Neutral to Underperform and set a new price target of $65.00 from $75.00 previously
Goldman initiated coverage of Cogent Communications with a rating of Neutral and set a new price target of $56.00
BofA Securities downgraded Cogent Communications from Buy to Neutral and set a new price target of $75.00
SC 13G/A - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Subject)
SC 13G/A - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Subject)
SC 13G - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Subject)
10-Q - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Filer)
8-K - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Filer)
8-K - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Filer)
4 - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Issuer)
Financial and Business Highlights Service revenue was $239.8 million for Q2 2023 and was $260.4 million for Q2 2024.EBITDA margin was 6.9% for Q1 2024 and 10.4% for Q2 2024.EBITDA, as adjusted for Sprint acquisition costs and cash received under the IP Transit Agreement with T-Mobile was $115.0 million for Q1 2024 and $106.2 million for Q2 2024.Gross margin – Non-GAAP - was 36.7% for Q1 2024 and 40.2% for Q2 2024.Gross margin was 9.9% for Q1 2024 and 11.6% for Q2 2024.Gross leverage ratio was 3.57 for Q1 2024 and was 4.06 for Q2 2024.Net leverage ratio was 3.17 for Q1 2024 and was 3.14 for Q2 2024.Cogent closed its issuance of $206.0 million of its 7.9% IPV4 Securitized Notes on May 2, 2024.
WASHINGTON, July 17, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ:CCOI) will host a conference call at 8:30 a.m. (ET) on August 8, 2024 to present Cogent's operating results for the second quarter of 2024 and answer questions. Cogent will issue a press release announcing the operating results at 7:00 a.m. (ET) on August 8, 2024. Participation is open to all parties and this call may be accessed as follows: Dial-in Numbers: 1-888-596-4144 for U.S. and Canadian callers1-646-968-2525 for international callersConference ID 6641307We recommend caller
WASHINGTON, June 5, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ:CCOI) (the "Company" or "Cogent") today announced that two of its wholly owned subsidiaries, Cogent Communications Group, LLC (f/k/a Cogent Communications Group, Inc.) ("Cogent Group") and Cogent Finance, Inc. (the "Co-Issuer" and, together with Cogent Group, the "Issuers"), intend to commence an offering of $300.0 million aggregate principal amount of 7.000% senior notes due 2027 (the "Notes") to be offered and sold only to persons reasonably believed to be "qualified institutional buyers" in an unregistered offering pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"),
WASHINGTON, Sept. 12, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ:CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Deutsche Bank 32nd Annual Leveraged Finance Conference is being held at The Phoenician in Scottsdale, AZ. Dave Schaeffer will be presenting on Tuesday, September 24 at 2:55 p.m. PT. The RBC 2024 Global Communications Infrastructure Conference is being held at the Waldorf Astoria in Chicago, IL. Dave
WASHINGTON, Aug. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ:CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Citi 2024 Global TMT Conference is being held at the Lotte New York Palace in New York, NY. Dave Schaeffer will be presenting on Wednesday, September 4 at 1:20 p.m. ET. The BofA Securities 2024 Media,Communications and Entertainment Conference is being held at the Bank of America Pavilion in New York
Financial and Business Highlights Service revenue was $239.8 million for Q2 2023 and was $260.4 million for Q2 2024.EBITDA margin was 6.9% for Q1 2024 and 10.4% for Q2 2024.EBITDA, as adjusted for Sprint acquisition costs and cash received under the IP Transit Agreement with T-Mobile was $115.0 million for Q1 2024 and $106.2 million for Q2 2024.Gross margin – Non-GAAP - was 36.7% for Q1 2024 and 40.2% for Q2 2024.Gross margin was 9.9% for Q1 2024 and 11.6% for Q2 2024.Gross leverage ratio was 3.57 for Q1 2024 and was 4.06 for Q2 2024.Net leverage ratio was 3.17 for Q1 2024 and was 3.14 for Q2 2024.Cogent closed its issuance of $206.0 million of its 7.9% IPV4 Securitized Notes on May 2, 2024.
4 - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Issuer)
4 - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Issuer)
4 - COGENT COMMUNICATIONS HOLDINGS, INC. (0001158324) (Issuer)
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector. Sinclair, Inc. (NASDAQ:SBGI) Dividend Yield: 7.51% Wells Fargo analyst Stev
Across the recent three months, 4 analysts have shared their insights on Cogent Comms Hldgs (NASDAQ:CCOI), expressing a variety of opinions spanning from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 1 1 1 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Cogent Comms Hldgs and provided 12-month price targets. The average target is $71.0, accompanied by a high estimate of $80.00 and a low estimate of $56.00
Goldman Sachs analyst James Schneider initiates coverage on Cogent Comms Hldgs (NASDAQ:CCOI) with a Neutral rating and announces Price Target of $56.