FY2025 EPS Estimates for Cargojet Boosted by Atb Cap Markets

Cargojet Inc. (TSE:CJT - Free Report) - Equities researchers at Atb Cap Markets increased their FY2025 earnings estimates for Cargojet in a note issued to investors on Thursday, April 24th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings per share of $6.27 for the year, up from their prior estimate of $5.76. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. Atb Cap Markets also issued estimates for Cargojet's Q4 2025 earnings at $1.74 EPS, Q2 2026 earnings at $1.20 EPS and FY2026 earnings at $6.63 EPS.

Several other equities research analysts also recently weighed in on CJT. Cormark decreased their target price on shares of Cargojet from C$140.00 to C$120.00 in a research note on Wednesday, February 19th. Scotiabank lowered their target price on Cargojet from C$165.00 to C$139.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 2nd. Royal Bank of Canada cut their price target on Cargojet from C$193.00 to C$183.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. CIBC lowered their price objective on shares of Cargojet from C$163.00 to C$150.00 in a research report on Thursday, April 10th. Finally, Canaccord Genuity Group upped their price objective on shares of Cargojet from C$165.00 to C$173.00 in a research report on Wednesday, February 19th. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Cargojet has a consensus rating of "Buy" and a consensus target price of C$151.18.

Cargojet Trading Down 3.6 %

TSE:CJT opened at C$84.33 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.56 and a debt-to-equity ratio of 98.69. Cargojet has a 52-week low of C$69.60 and a 52-week high of C$144.97. The stock's 50 day moving average price is C$85.81 and its 200 day moving average price is C$108.78. The company has a market capitalization of C$1.35 billion, a PE ratio of 591.83 and a beta of 0.91.

Cargojet Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, April 4th were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.66%. Cargojet's dividend payout ratio is presently 982.53%.

Cargojet Company Profile

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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