TSE:CJTCargojet Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cargojet Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$133.55 -0.83 (-0.62 %) (As of 05/26/2020 08:21 AM ET) Add Compare Share Today's RangeC$133.00Now: C$133.55▼C$135.1150-Day RangeC$94.01MA: C$122.27▼C$140.3652-Week RangeC$67.87Now: C$133.55▼C$142.21Volume13,998 shsAverage Volume63,736 shsMarket CapitalizationC$2.08 billionP/E Ratio193.83Dividend Yield0.70%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic overnight air cargo co-load network between 14 cities in Canada; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. The company also operates scheduled international routes for various cargo customers between the United States and Bermuda; between Canada and Germany; and between Canada, Colombia, and Peru. In addition, it offers specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, Mexico, South America, the Caribbean, and Europe. Further, the company is involved in the ground handling and ground service equipment business. As of December 31, 2018, it operated a fleet of 23 all-cargo aircrafts. Cargojet Inc. was founded in 2005 and is headquartered in Mississauga, Canada.Read More Beat the Market (BTM) Rank™ 1.1 Analyst's Opinion Consensus RatingCargojet has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$129.22, Cargojet has a potential downside of 3.2% from its current price of C$133.55.Amount of Analyst CoverageCargojet has only been the subject of 4 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesCargojet has received 271 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCargojet has received 221 “underperform” votes. (Add your “underperform” vote.)Community SentimentCargojet has received 55.08% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Cargojet and other stocks. Vote “Outperform” if you believe CJT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CJT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipCargojet is a leading dividend payer. It pays a dividend yield of 0.70%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCargojet does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cargojet is 136.43 %. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cargojet insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$349,886.00 in company stock. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Cargojet are expected to decrease by -100.00% in the coming year, from C$2.42 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cargojet is 193.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Cargojet is 193.83, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 11.33.Price to Book Value per Share RatioCargojet has a P/B Ratio of 7.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.1Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.12 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Integrated Shipping & Logistics Sub-IndustryN/A SectorIndustrials Current SymbolTSE:CJT Previous Symbol CUSIPN/A CIKN/A Webwww.cargojet.com Phone+1-905-5017373Debt Debt-to-Equity Ratio245.82 Current Ratio0.73 Quick Ratio0.58Price-To-Earnings Trailing P/E Ratio193.83 Forward P/E Ratio55.19 P/E GrowthN/A Sales & Book Value Annual SalesC$499.20 million Price / Sales4.17 Cash FlowC$0.14 per share Price / Cash Flow947.16 Book ValueC$17.35 per share Price / Book7.70Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees1,019 Outstanding Shares15,597,100Market CapC$2.08 billion Next Earnings Date7/27/2020 (Estimated) OptionableNot Optionable TSX:CJT Rates by TradingView Receive CJT News and Ratings via Email Sign-up to receive the latest news and ratings for CJT and its competitors with MarketBeat's FREE daily newsletter. Cargojet (TSE:CJT) Frequently Asked Questions How has Cargojet's stock been impacted by COVID-19 (Coronavirus)? Cargojet's stock was trading at C$96.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CJT stock has increased by 38.8% and is now trading at C$133.55. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cargojet? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cargojet. When is Cargojet's next earnings date? Cargojet is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Cargojet. How were Cargojet's earnings last quarter? Cargojet (TSE:CJT) released its quarterly earnings results on Thursday, May, 7th. The company reported ($0.12) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.28. The company had revenue of $123 million for the quarter, compared to analysts' expectations of $117.48 million. View Cargojet's earnings history. What price target have analysts set for CJT? 7 equities research analysts have issued twelve-month price targets for Cargojet's stock. Their forecasts range from C$110.00 to C$157.00. On average, they expect Cargojet's stock price to reach C$129.22 in the next twelve months. This suggests that the stock has a possible downside of 3.2%. View analysts' price targets for Cargojet. Has Cargojet been receiving favorable news coverage? Media stories about CJT stock have trended negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cargojet earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutCargojet. Who are some of Cargojet's key competitors? Some companies that are related to Cargojet include Qube (QUB), Clipper Logistics (CLG), Wincanton (WIN), K&S (KSC), Radiant Logistics (RLGT), DX (Group) (DX), Titanium Transportation Group (TTR), CTI Logistics (CLX), Xpediator (XPD), Eddie Stobart Logistics (ESL), Wisewaygroupltd (WWG), Bollore (BOIVF), Deutsche Post (DPW), DSV A/S (DSDVF) and Prosegur Cash (PGUUF). View all competitors. What other stocks do shareholders of Cargojet own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cargojet investors own include Brookfield Asset Management (BAM.A), Air Canada (AC), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD), Brookfield Asset Management (BAM), Dollarama (DOL), Enbridge (ENB), Lightspeed POS (LSPD), Royal Bank of Canada (RY) and CENTRIC HEALTH (CHH). Who are Cargojet's key executives? Cargojet's management team includes the following people: Mr. Ajay K. Virmani, Founder, CEO, Pres & Director (Age 58)Mr. John Kim CPA, CA, VP of Governance, Corp. Sec. & CFOMs. Pauline Dhillon, Exec. VP of Marketing, Public & Gov. RelationsMr. George Sugar, Sr. VP of Flight OperationsMr. Jamie Bennett Porteous, Exec. VP & Chief Commercial Officer What is Cargojet's stock symbol? Cargojet trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CJT." How do I buy shares of Cargojet? Shares of CJT and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Cargojet's stock price today? One share of CJT stock can currently be purchased for approximately C$133.55. How big of a company is Cargojet? Cargojet has a market capitalization of C$2.08 billion and generates C$499.20 million in revenue each year. Cargojet employs 1,019 workers across the globe. What is Cargojet's official website? The official website for Cargojet is www.cargojet.com. How can I contact Cargojet? Cargojet's mailing address is 6-350 Britannia Rd E, MISSISSAUGA, ON L4Z 1X9, Canada. The company can be reached via phone at +1-905-5017373. This page was last updated on 5/26/2020 by MarketBeat.com Staff
