Cargojet Company Profile (TSE:CJT)

About Cargojet (TSE:CJT)

Cargojet logoCargojet Inc. is a provider of time sensitive overnight air cargo services. The Company's cargo business comprises operating a domestic overnight air cargo co-load network between over 10 Canadian cities; providing aircraft to customers on an aircraft, crew, maintenance and insurance (ACMI) basis, operating between points in Canada, the United States and Europe; operating scheduled international routes for multiple cargo customers between the United States and Bermuda, and between Canada and Europe, and providing dedicated aircraft to customers on an adhoc charter basis operating between points in Canada, the United States and other international destinations. Within its overnight network, the Company also provides domestic air cargo services for a range of international airlines between points in Canada that connect such airlines' gateways to Canada. The Company's freighter aircraft fleet includes B767-200, B757-200, B757-200 and Challenger 601, among others.

Industry, Sector and Symbol:
  • Sector: Services
  • Industry: Air Services, Other
  • Sub-Industry: N/A
  • Symbol: TSE:CJT
  • CUSIP: N/A
  • Web: www.cargojet.com/
Capitalization:
  • Market Cap: C$669.75 million
  • Outstanding Shares: 12,745,000
Average Prices:
  • 50 Day Moving Avg: C$49.58
  • 200 Day Moving Avg: C$47.11
  • 52 Week Range: C$39.98 - C$53.52
P/E:
  • Trailing P/E Ratio: 486.57
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$350.1 million
  • Price / Sales: 1.91
  • Book Value: C$9.79 per share
  • Price / Book: 5.37
Dividend:
  • Dividend Yield: 1.6%
Profitability:
  • EBIDTA: C$80.6 million
  • Net Margins: 4.99%
  • Return on Equity: 18.32%
  • Return on Assets: 3.55%
Misc:
  • Average Volume: 15,805 shs.
  • Short Ratio: 10.3
 

Frequently Asked Questions for Cargojet (TSE:CJT)

What is Cargojet's stock symbol?

Cargojet trades on the Tornton Stock Exchange (TSX) under the ticker symbol "CJT."

How often does Cargojet pay dividends? What is the dividend yield for Cargojet?

Cargojet declared a quarterly dividend on Friday, September 15th. Shareholders of record on Wednesday, September 20th will be given a dividend of 0.192 per share on Thursday, October 5th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Tuesday, September 19th. This is a positive change from Cargojet's previous quarterly dividend of $0.12. View Cargojet's Dividend History.

How were Cargojet's earnings last quarter?

Cargojet Inc (TSE:CJT) posted its quarterly earnings results on Monday, November, 10th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by $0.06. The company had revenue of $47.23 million for the quarter, compared to the consensus estimate of $45.50 million. Cargojet had a net margin of 4.99% and a return on equity of 18.32%. View Cargojet's Earnings History.

When will Cargojet make its next earnings announcement?

Cargojet is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Cargojet.

Where is Cargojet's stock going? Where will Cargojet's stock price be in 2017?

6 analysts have issued 1 year price objectives for Cargojet's stock. Their predictions range from C$53.00 to C$58.00. On average, they expect Cargojet's stock price to reach C$55.40 in the next twelve months. View Analyst Ratings for Cargojet.

Who are some of Cargojet's key competitors?

Who are Cargojet's key executives?

Cargojet's management team includes the folowing people:

  • Ajay Virmani, Chairman of the Board, President, Chief Executive Officer
  • John Kim, Chief Financial Officer
  • Jamie B. Porteous, Executive Vice President - Sales and Service, Director
  • George Sugar, Senior Vice President - Flight Operations
  • Paul Rinaldo, Vice President - Engineering and Maintenance
  • John P. Webster, Lead Independent Director
  • James Robert Crane, Independent Director
  • Paul Victor Godfrey, Independent Director

How do I buy Cargojet stock?

Shares of Cargojet 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 Cargojet stock can currently be purchased for approximately C$52.55.


MarketBeat Community Rating for Cargojet (TSE CJT)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  125 (Vote Outperform)
Underperform Votes:  60 (Vote Underperform)
Total Votes:  185
MarketBeat's community ratings are surveys of what our community members think about Cargojet and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Cargojet (TSE:CJT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: C$55.40

Analysts' Ratings History for Cargojet (TSE:CJT)
Show:
DateFirmActionRatingPrice TargetDetails
8/17/2017National Bank FinancialDowngradeOutperform -> Sector PerformC$51.00 -> C$53.00View Rating Details
8/9/2017CIBCBoost Price TargetC$55.00 -> C$56.00View Rating Details
5/16/2017Raymond James Financial, Inc.Lower Price TargetOutperformC$57.00 -> C$55.00View Rating Details
3/16/2017Royal Bank Of CanadaBoost Price TargetOutperformC$56.00 -> C$58.00View Rating Details
12/8/2016Acumen CapitalBoost Price TargetBuyC$53.00 -> C$55.00View Rating Details
11/8/2016Beacon SecuritiesReiterated RatingBuyView Rating Details
6/13/2016Cantor FitzgeraldReiterated RatingBuyView Rating Details
(Data available from 9/19/2015 forward)

Earnings

Earnings History for Cargojet (TSE:CJT)
Earnings by Quarter for Cargojet (TSE:CJT)
Earnings History by Quarter for Cargojet (TSE CJT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017        
11/10/2014C($0.19)C($0.25)C$45.50 millionC$47.23 millionViewN/AView Earnings Details
8/11/2014C($0.16)C($0.08)C$45.70 millionC$44.34 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cargojet (TSE:CJT)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171$0.38$0.38$0.38
Q3 20171$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Cargojet (TSE CJT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2017Quarterly$0.191.48%9/19/20179/20/201710/5/2017
5/11/2015Quarterly$0.122.41%6/17/20156/19/20157/3/2015
3/18/2015Quarterly$0.152.17%3/18/20154/3/20154/3/2015
11/10/2014quarterly$0.152.29%12/17/201412/19/20141/5/2015
8/11/2014quarterly$0.152.67%9/17/20149/19/201410/3/2014
5/14/2014quarterly$0.152.64%6/18/20146/20/20147/3/2014
3/6/2014quarterly$0.152.92%3/18/20143/20/20144/4/2014
11/12/2013quarterly$0.154.59%12/18/201312/20/20131/6/2014
8/12/2013quarterly$0.159/20/201310/4/2013
5/6/2013quarterly$0.156/20/20137/5/2013
3/8/2013special$0.053/20/20134/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cargojet (TSE:CJT)
Insider Trades by Quarter for Cargojet (TSE:CJT)
Insider Trades by Quarter for Cargojet (TSE:CJT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/13/2017George Stephen SugarInsiderSell1,431C$50.75C$72,623.25
8/22/2017Ajay Kumar VirmaniInsiderSell4,992C$48.44C$241,812.48
8/22/2017John Philip WebsterDirectorSell342C$48.44C$16,566.48
6/28/2017Paul David RinaldoInsiderSell5,903C$46.75C$275,965.25
3/31/2017Ajay Kumar VirmaniInsiderSell600C$46.40C$27,840.00
3/30/2017Ajay Kumar VirmaniInsiderSell4,400C$46.64C$205,216.00
3/30/2017Jamie Bennett PorteousDirectorSell1,300C$46.50C$60,450.00
3/29/2017Ajay Kumar VirmaniInsiderSell1,900C$46.70C$88,730.00
3/28/2017Ajay Kumar VirmaniInsiderSell10,000C$46.35C$463,500.00
3/28/2017Jamie Bennett PorteousDirectorSell28,838C$46.12C$1,330,008.56
3/24/2017Ajay Kumar VirmaniInsiderSell5,000C$46.06C$230,300.00
3/23/2017Ajay Kumar VirmaniInsiderSell5,000C$46.02C$230,100.00
3/22/2017Ajay Kumar VirmaniInsiderSell20,000C$46.00C$920,000.00
3/28/2016Ajay Kumar VirmaniInsiderSell1,284C$26.79C$34,394.89
3/28/2016Jamie Bennett PorteousDirectorSell963C$26.79C$25,796.17
3/22/2016James Robert Crane CraneDirectorBuy700C$26.96C$18,872.00
6/3/2015Ajay Kumar VirmaniInsiderSell16,667C$25.42C$423,736.81
3/23/2015Jamie Bennett PorteousDirectorSell2,536C$26.84C$68,061.17
3/23/2015Paul David RinaldoInsiderSell1,139C$26.84C$30,568.48
11/25/2014Paul Victor GodfreyDirectorBuy20,000C$26.00C$519,960.00
11/13/2014Ajay Kumar VirmaniInsiderBuy21,500C$25.00C$537,500.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cargojet (TSE:CJT)
Latest Headlines for Cargojet (TSE:CJT)
Source:
DateHeadline
baystreet.ca logoEmpire, Aviglion at 52-Week Highs
www.baystreet.ca - September 18 at 3:26 PM
americanbankingnews.com logoCargojet Inc (CJT) Raises Dividend to $0.19 Per Share
www.americanbankingnews.com - September 18 at 9:16 AM
americanbankingnews.com logoInsider Selling: Cargojet Inc (CJT) Insider Sells 1,431 Shares of Stock
www.americanbankingnews.com - September 13 at 4:34 PM
americanbankingnews.com logoCargojet Inc (CJT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 2 at 9:08 PM
americanbankingnews.com logoJohn Philip Webster Sells 342 Shares of Cargojet Inc (CJT) Stock
www.americanbankingnews.com - August 24 at 1:26 PM
americanbankingnews.com logoCargojet Inc (CJT) Insider Ajay Kumar Virmani Sells 4,992 Shares
www.americanbankingnews.com - August 24 at 10:32 AM
finance.yahoo.com logoCargojet, Inc. breached its 50 day moving average in a Bearish Manner : CJT-CA : August 23, 2017
finance.yahoo.com - August 23 at 5:51 PM
americanbankingnews.com logoNational Bank Financial Downgrades Cargojet Inc (CJT) to Sector Perform
www.americanbankingnews.com - August 17 at 7:28 PM
fool.ca logoDividend Investors: A Hidden High-Growth Stock for Your Portfolio
www.fool.ca - August 12 at 3:44 AM
finance.yahoo.com logoCargojet, Inc. breached its 50 day moving average in a Bearish Manner : CJT-CA : August 11, 2017
finance.yahoo.com - August 11 at 5:42 PM
americanbankingnews.com logoFY2018 EPS Estimates for Cargojet Inc (TSE:CJT) Increased by Analyst
www.americanbankingnews.com - August 11 at 3:46 PM
americanbankingnews.com logoResearch Analysts Offer Predictions for Cargojet Inc's Q3 2017 Earnings (TSE:CJT)
www.americanbankingnews.com - August 10 at 9:20 AM
finance.yahoo.com logoCargojet, Inc. :CJT-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 9, 2017
finance.yahoo.com - August 9 at 5:23 PM
finance.yahoo.com logoCargojet, Inc. :CJT-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 4 at 10:29 PM
americanbankingnews.com logoCargojet Inc (CJT) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - August 1 at 7:16 AM
americanbankingnews.com logoCargojet Inc (CJT) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - July 14 at 8:20 PM
finance.yahoo.com logoCargojet, Inc. – Value Analysis (TORONTO:CJT) : July 10, 2017
finance.yahoo.com - July 10 at 5:11 PM
finance.yahoo.com logoCargojet, Inc. breached its 50 day moving average in a Bearish Manner : CJT-CA : July 7, 2017
finance.yahoo.com - July 8 at 9:47 AM
finance.yahoo.com logoCargojet Announces Timing For Second Quarter 2017 Results
finance.yahoo.com - July 6 at 6:28 PM
finance.yahoo.com logoCargojet Redeems Outstanding 5.5% Convertible Debentures
finance.yahoo.com - July 5 at 5:54 PM
americanbankingnews.com logoInsider Selling: Cargojet Inc (CJT) Insider Sells 5,903 Shares of Stock
www.americanbankingnews.com - June 29 at 4:28 PM
finance.yahoo.com logoDr. Ajay Virmani Honoured with Excellence in Entrepreneurship by RBC Top 25 Canadian Immigrant Awards
finance.yahoo.com - June 28 at 5:11 PM
finance.yahoo.com logoCargojet Successfully Recertifies Iso 9001 Quality Accreditation
finance.yahoo.com - June 27 at 4:34 PM
finance.yahoo.com logoDr. Ajay Virmani Receives Prestigious Transformational Award
finance.yahoo.com - June 20 at 4:57 PM
americanbankingnews.com logoCargojet Inc (CJT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 19 at 8:50 PM
thestreet.com logoEx-Div Reminder For Cargojet (CJT)
www.thestreet.com - June 14 at 10:11 PM
finance.yahoo.com logoCargojet wins Carrier of Choice Award
finance.yahoo.com - June 13 at 12:38 PM
finance.yahoo.com logoCargojet, Inc. breached its 50 day moving average in a Bullish Manner : CJT-CA : June 9, 2017
finance.yahoo.com - June 9 at 4:54 PM
finance.yahoo.com logoCargojet, Inc. breached its 50 day moving average in a Bullish Manner : CJT-CA : May 26, 2017
finance.yahoo.com - May 26 at 4:49 PM
americanbankingnews.com logoCargojet Inc (CJT) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 23 at 8:22 PM
americanbankingnews.com logoNational Bank Financial Analysts Cut Earnings Estimates for Cargojet Inc (CJT)
www.americanbankingnews.com - May 18 at 2:26 PM
americanbankingnews.com logoBeacon Securities Comments on Cargojet Inc's FY2017 Earnings (CJT)
www.americanbankingnews.com - May 17 at 8:34 AM
americanbankingnews.com logoNational Bank Financial Comments on Cargojet Inc's Q2 2017 Earnings (CJT)
www.americanbankingnews.com - May 17 at 7:38 AM
americanbankingnews.com logoRaymond James Financial, Inc. Cuts Cargojet Inc (CJT) Price Target to C$55.00
www.americanbankingnews.com - May 16 at 4:32 PM
finance.yahoo.com logoCargojet Announces Redemption of 5.5% Convertible Unsecured Subordinated Debentures
finance.yahoo.com - May 15 at 1:14 PM
finance.yahoo.com logoCargojet, Inc. – Value Analysis (TORONTO:CJT) : May 11, 2017
finance.yahoo.com - May 11 at 9:56 PM
finance.yahoo.com logoCargojet, Inc. breached its 50 day moving average in a Bearish Manner : CJT-CA : May 9, 2017
finance.yahoo.com - May 9 at 4:17 PM
thestreet.com logoCargojet Becomes Oversold (CJT)
www.thestreet.com - April 26 at 9:33 PM
finance.yahoo.com logoCargojet Announces Voting Results from Annual and Special Meeting of Shareholders
finance.yahoo.com - April 12 at 4:20 PM
finance.yahoo.com logoCargojet Announces the Successful Closing of its $275 million Banking Facility
finance.yahoo.com - April 10 at 12:21 PM
finance.yahoo.com logoCargojet Announces Timing For First Quarter 2017 Results
finance.yahoo.com - April 7 at 9:01 AM
americanbankingnews.com logoCargojet Inc (CJT) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 6 at 10:42 AM
americanbankingnews.com logoInsider Selling: Cargojet Inc (CJT) Insider Sells C$205,216.00 in Stock
www.americanbankingnews.com - April 5 at 1:13 PM
americanbankingnews.com logoCargojet Inc (CJT) Director Jamie Bennett Porteous Sells 1,300 Shares
www.americanbankingnews.com - April 3 at 11:01 PM
americanbankingnews.com logoAjay Kumar Virmani Sells 4,400 Shares of Cargojet Inc (CJT) Stock
www.americanbankingnews.com - March 31 at 10:32 AM
finance.yahoo.com logoCargojet Addresses ISS Recommendations for Annual and Special Meeting of Shareholders 2017
finance.yahoo.com - March 30 at 4:46 PM
americanbankingnews.com logoInsider Selling: Cargojet Inc (CJT) Director Sells 28,838 Shares of Stock
www.americanbankingnews.com - March 30 at 1:34 PM
americanbankingnews.com logoCargojet Inc (CJT) Insider Ajay Kumar Virmani Sells 1,900 Shares
www.americanbankingnews.com - March 29 at 10:52 PM
americanbankingnews.com logoInsider Selling: Cargojet Inc (CJT) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - March 28 at 10:28 PM
finance.yahoo.com logoCargojet Applauds Government on Federal Budget Initiatives
finance.yahoo.com - March 27 at 12:37 PM

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Chart

Cargojet (CJT) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff