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TSE:CJT

Cargojet (CJT) Stock Price, News & Analysis

Cargojet logo
C$136.09
-0.76 (-0.56%)
(As of 10/31/2024 ET)

About Cargojet Stock (TSE:CJT)

Key Stats

Today's Range
C$133.70
C$136.34
50-Day Range
C$124.20
C$139.13
52-Week Range
C$77.67
C$143.64
Volume
41,100 shs
Average Volume
53,970 shs
Market Capitalization
C$2.20 billion
P/E Ratio
N/A
Dividend Yield
1.03%
Price Target
C$160.27
Consensus Rating
Moderate Buy

Company Overview

Cargojet Inc. provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe. The company operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an ad hoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the aircraft operation and maintenance, flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. The company operates a fleet of 41 aircraft. Cargojet Inc. was founded in 2001 and is headquartered in Mississauga, Canada.

Cargojet Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
19th Percentile Overall Score

CJT MarketRank™: 

Cargojet scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cargojet has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cargojet has only been the subject of 2 research reports in the past 90 days.

  • Read more about Cargojet's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cargojet is -143.25, 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 Cargojet is -143.25, 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

    Cargojet has a P/B Ratio of 3.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Cargojet's valuation and earnings.
  • Short Interest

    There is no current short interest data available for CJT.
  • Dividend Yield

    Cargojet pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Read more about Cargojet's dividend.
  • Short Interest

    There is no current short interest data available for CJT.
  • News Sentiment

    Cargojet has a news sentiment score of 0.42. 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 news sentiment score is similar to the average news sentiment of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Cargojet this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for CJT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    Only 2.65% of the stock of Cargojet is held by insiders.

  • Percentage Held by Institutions

    50.84% of the stock of Cargojet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cargojet's insider trading history.
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CJT Stock News Headlines

Capital Allocation Trends At Cargojet (TSE:CJT) Aren't Ideal
Cargojet (CJT) to Release Quarterly Earnings on Monday
Election warning coming true…
If you missed it, my emergency election broadcast is now available - watch it before it's too late.
Cargojet (TSE:CJT) Price Target Raised to C$160.00
2 TFSA Millionaire-Makers on Sale Today
Cargojet FY2025 EPS Increased by National Bank Financial
Canadian Market Moderately Lower In Cautious Trade
See More Headlines

CJT Stock Analysis - Frequently Asked Questions

Cargojet's stock was trading at C$119.17 at the beginning of 2024. Since then, CJT shares have increased by 14.2% and is now trading at C$136.09.
View the best growth stocks for 2024 here
.

Cargojet Inc. (TSE:CJT) issued its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of $1.10 by $1.15. The company earned $230.80 million during the quarter, compared to analysts' expectations of $239.77 million. Cargojet had a negative net margin of 1.88% and a negative trailing twelve-month return on equity of 2.13%.

Shares of CJT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cargojet investors own include Brookfield Asset Management (BAM), Enbridge (ENB), NVIDIA (NVDA), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Shopify (SHOP) and PayPal (PYPL).

Company Calendar

Last Earnings
8/13/2024
Ex-Dividend for 10/4 Dividend
9/20/2024
Dividend Payable
10/04/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/04/2024

Industry, Sector and Symbol

Industry
Integrated Freight & Logistics
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,838
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$160.27
High Stock Price Target
C$189.00
Low Stock Price Target
C$115.00
Potential Upside/Downside
+18.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
C$-16,900,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$897.90 million
Cash Flow
C$0.39 per share
Book Value
C$43.73 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.18 billion
Optionable
Not Optionable
Beta
0.91
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This page (TSE:CJT) was last updated on 10/31/2024 by MarketBeat.com Staff
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