Professional
Added to YB: 2025-08-21
Pitch date: 2025-08-19
CCOI [bullish]
Cogent Communications Holdings, Inc.
-36.47%
current return
Author Info
Company Info
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa.
Market Cap
$809.3M
Pitch Price
$36.63
Price Target
N/A
Dividend
23.81%
EV/EBITDA
14.38
P/E
-4.20
EV/Sales
3.66
Sector
Diversified Telecommunication Services
Category
turnaround
Cogent - Hot Topics
CCOI (update): Wavelength biz growth behind schedule but promising, offering faster installation times (30 days vs industry 90+). 2k-2.5k contracted orders, 2k-2.5k in pipeline. Capital allocation concerns - 11% dividend yield unsustainable at 4.5x+ leverage. Recommendation: cut dividend to $0.25, sell IPv4 assets ($250M potential), buyback shares.
Read full article (8 min)