Cargojet Inc. (TSE:CJT - Free Report) - Equities researchers at Atb Cap Markets increased their FY2025 earnings per share (EPS) estimates for Cargojet in a report released on Thursday, April 24th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $6.27 per share for the year, up from their previous 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.
Other research analysts have also issued reports about the stock. TD Securities upped their target price on shares of Cargojet from C$150.00 to C$154.00 and gave the company a "buy" rating in a report on Friday, April 25th. National Bankshares dropped their price target on Cargojet from C$158.00 to C$151.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Canaccord Genuity Group increased their price objective on Cargojet from C$165.00 to C$173.00 in a research report on Wednesday, February 19th. CIBC dropped their target price on Cargojet from C$163.00 to C$150.00 in a report on Thursday, April 10th. Finally, Royal Bank of Canada decreased their price target on Cargojet from C$183.00 to C$177.00 in a report on Monday. Seven equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$150.64.
Read Our Latest Stock Report on CJT
Cargojet Stock Performance
CJT stock traded up C$1.22 on Monday, hitting C$85.25. The company's stock had a trading volume of 29,965 shares, compared to its average volume of 98,104. The stock has a market cap of C$1.36 billion, a price-to-earnings ratio of 598.29 and a beta of 0.91. The firm has a 50 day moving average of C$84.26 and a two-hundred day moving average of C$107.58. 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 1 year low of C$69.60 and a 1 year high of C$144.97.
Cargojet Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, April 4th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend was Thursday, March 20th. Cargojet's payout ratio is 982.53%.
About Cargojet
(
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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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