Free Trial
NASDAQ:CRGO

Freightos (CRGO) Stock Price, News & Analysis

$2.16
-0.03 (-1.37%)
(As of 06/4/2024 ET)
Today's Range
$2.16
$2.24
50-Day Range
$2.16
$2.87
52-Week Range
$1.91
$4.58
Volume
9,556 shs
Average Volume
18,328 shs
Market Capitalization
$103.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Freightos MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
177.8% Upside
$6.00 Price Target
Short Interest
Healthy
0.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.40) to ($0.38) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.63 out of 5 stars

Business Services Sector

161st out of 303 stocks

Freight Transportation Arrangement Industry

6th out of 6 stocks

CRGO stock logo

About Freightos Stock (NASDAQ:CRGO)

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.

CRGO Stock Price History

CRGO Stock News Headlines

Freightos Announces Board of Directors Change
Shipment rates soar 4x after Red Sea attacks: CEO
See More Headlines
Receive CRGO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Freightos and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Today
6/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Freight transportation arrangement
Sub-Industry
N/A
Current Symbol
NASDAQ:CRGO
Fax
N/A
Employees
350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+177.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-65,470,000.00
Pretax Margin
-100.43%

Debt

Sales & Book Value

Annual Sales
$20.28 million
Book Value
$1.50 per share

Miscellaneous

Free Float
38,508,000
Market Cap
$103.46 million
Optionable
Not Optionable
Beta
-0.47
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Dr. Zvi Schreiber (Age 54)
    CEO & Chairman of the Board
  • Mr. Ran Shalev (Age 52)
    Chief Financial Officer
  • Mr. Michael I. Oberlander (Age 55)
    General Counsel
  • Mr. Eytan Buchman (Age 37)
    Chief Marketing Officer
  • Mr. Ian Arroyo (Age 39)
    Chief Strategy Officer
  • Mr. Manel Galindo Medrano (Age 36)
    Chief Revenue Officer
  • Ms. Joyce Tai
    Executive VP of Partnerships & MD of APAC

CRGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Freightos stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Freightos in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CRGO shares.
View CRGO analyst ratings
or view top-rated stocks.

What is Freightos' stock price target for 2024?

2 equities research analysts have issued 1-year price targets for Freightos' shares. Their CRGO share price targets range from $6.00 to $6.00. On average, they anticipate the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 177.8% from the stock's current price.
View analysts price targets for CRGO
or view top-rated stocks among Wall Street analysts.

How have CRGO shares performed in 2024?

Freightos' stock was trading at $3.33 on January 1st, 2024. Since then, CRGO shares have decreased by 35.1% and is now trading at $2.16.
View the best growth stocks for 2024 here
.

Are investors shorting Freightos?

Freightos saw a decline in short interest in May. As of May 15th, there was short interest totaling 29,100 shares, a decline of 52.7% from the April 30th total of 61,500 shares. Based on an average trading volume of 18,800 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.1% of the shares of the stock are sold short.
View Freightos' Short Interest
.

How were Freightos' earnings last quarter?

Freightos Limited (NASDAQ:CRGO) issued its quarterly earnings results on Monday, May, 20th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.05. The company earned $5.36 million during the quarter, compared to the consensus estimate of $5.26 million. Freightos had a negative trailing twelve-month return on equity of 19.04% and a negative net margin of 99.95%.

What guidance has Freightos issued on next quarter's earnings?

Freightos updated its second quarter 2024 earnings guidance on Tuesday, May, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.5 million-$5.6 million, compared to the consensus revenue estimate of $5.6 million.

Who are Freightos' major shareholders?

Freightos' stock is owned by a number of retail and institutional investors. Top institutional shareholders include M&G Plc (3.70%).

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.

This page (NASDAQ:CRGO) was last updated on 6/5/2024 by MarketBeat.com Staff

From Our Partners