Cargojet FY2025 EPS Increased by National Bank Financial

Cargojet Inc. (TSE:CJT - Free Report) - Equities research analysts at National Bank Financial raised their FY2025 earnings per share estimates for Cargojet in a note issued to investors on Thursday, April 24th. National Bank Financial analyst C. Doerksen now expects that the company will post earnings per share of $5.62 for the year, up from their previous estimate of $5.56. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. National Bank Financial also issued estimates for Cargojet's FY2026 earnings at $6.13 EPS.

Other analysts have also issued research reports about the company. TD Securities upped their target price on Cargojet from C$150.00 to C$154.00 and gave the stock a "buy" rating in a research note on Friday. Royal Bank of Canada reduced their target price on shares of Cargojet from C$193.00 to C$183.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Canaccord Genuity Group boosted their price target on shares of Cargojet from C$165.00 to C$173.00 in a research note on Wednesday, February 19th. Cormark reduced their price objective on Cargojet from C$140.00 to C$120.00 in a research note on Wednesday, February 19th. Finally, National Bankshares decreased their price objective on Cargojet from C$158.00 to C$151.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Seven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$151.18.

Cargojet Price Performance

Shares of Cargojet stock opened at C$84.33 on Monday. The firm has a market capitalization of C$1.35 billion, a PE ratio of 591.83 and a beta of 0.91. The company has a current ratio of 0.56, a quick ratio of 0.79 and a debt-to-equity ratio of 98.69. Cargojet has a 12 month low of C$69.60 and a 12 month high of C$144.97. The business's 50-day moving average price is C$85.81 and its 200-day moving average price is C$108.78.

Cargojet Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, April 4th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.40 annualized dividend and a dividend yield of 1.66%. Cargojet's dividend payout ratio (DPR) is presently 982.53%.

About Cargojet

Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.

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