Freightos (CRGO) Stock Price, News & Analysis

Company Overview

Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings and optimize pricing with real-time booking analytics. In addition, it provides digital customs brokerage services. The company is based in Jerusalem, Israel.

Key Stats

• Today's Range: $2.20 to $2.60
• 50-Day Range: $1.30 to $2.62
• 52-Week Range: $1.27 to $3.62
• Volume: 171,672 shs
• Average Volume: 34,324 shs
• Market Capitalization: $109.46 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.75
• Consensus Rating: Buy

Freightos Stock Analysis - MarketRank™

Freightos scored higher than 51% of companies evaluated by MarketBeat, and ranked 185th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Freightos has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Freightos has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Freightos are expected to grow in the coming year, from ($0.52) to ($0.33) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Freightos is -5.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Freightos is -5.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Freightos has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.45% of the float of Freightos has been sold short.

Short Interest Ratio / Days to Cover

Freightos has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freightos has recently increased by 43.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Freightos does not currently pay a dividend.

Dividend Growth

Freightos does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.45% of the float of Freightos has been sold short.

Short Interest Ratio / Days to Cover

Freightos has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Freightos has recently increased by 43.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.15

News Sentiment

Freightos has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Freightos this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for CRGO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Freightos to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Freightos insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.60% of the stock of Freightos is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 22.72% of the stock of Freightos is held by institutions.

CRGO Stock Analysis - Frequently Asked Questions

How have CRGO shares performed this year?

Freightos' stock was trading at $3.33 at the beginning of the year. Since then, CRGO shares have decreased by 31.8% and is now trading at $2.27.
View the best growth stocks for 2024 here.

How were Freightos' earnings last quarter?

Freightos Limited (NASDAQ:CRGO) announced its quarterly earnings data on Monday, August, 19th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. The company had revenue of $5.66 million for the quarter, compared to analyst estimates of $5.55 million. Freightos had a negative net margin of 95.45% and a negative trailing twelve-month return on equity of 21.08%.

How do I buy shares of Freightos?

Shares of CRGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Freightos own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Freightos investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), e.l.f. Beauty (ELF), Jabil (JBL), Arista Networks (ANET) and Disc Medicine (IRON).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 11/13/2024
• Next Earnings (Estimated): 11/19/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Freight transportation arrangement
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:CRGO
• CUSIP: N/A
• CIK: 1927719
• Web: gesherspac.com
• Phone: 972-2538-4317
• Fax: N/A
• Employees: 350
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.75
• High Stock Price Target: $6.00
• Low Stock Price Target: $3.50
• Potential Upside/Downside: +109.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.43)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-65,470,000.00
• Net Margins: -95.45%
• Pretax Margin: -95.95%
• Return on Equity: -21.08%
• Return on Assets: -16.95%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 3.47
• Quick Ratio: 3.47

Sales & Book Value

• Annual Sales: $20.28 million
• Price / Sales: 5.40
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.50 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 48,220,000
• Free Float: 38,773,000
• Market Cap: $109.46 million
• Optionable: Not Optionable
• Beta: -0.47