TSE:CJT Cargojet Stock Forecast, Price & News Adding Choose a watchlist: 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 Inc. Please log in to your account or sign up in order to add this asset to your watchlist. C$143.86 -0.14 (-0.10%) (As of 07/5/2022 10:39 AM ET) Add Compare Share Today's RangeC$141.34▼C$143.9850-Day RangeC$116.82▼C$154.8852-Week RangeC$115.89▼C$214.50Volume6,091 shsAverage Volume76,836 shsMarket CapitalizationC$2.49 billionP/E Ratio142.44Dividend Yield0.79%Price TargetC$212.30 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Cargojet MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside47.4% UpsideC$212.30 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.22Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.76 out of 5 stars 4.3 Analyst's Opinion Consensus RatingCargojet has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$212.30, Cargojet has a forecasted upside of 47.4% from its current price of C$144.00.Amount of Analyst CoverageCargojet has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Short InterestThere is no current short interest data available for CJT. Previous Next 0.0 Dividend Strength Dividend YieldCargojet has a dividend yield of 0.80%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCargojet does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cargojet is 102.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CJT. Previous Next 1.8 News and Social Media Coverage News SentimentCargojet has a news sentiment score of 0.22. 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 WeekMarketBeat has tracked 2 news articles for Cargojet this week, compared to 4 articles on an average week.Search InterestOnly 3 people have searched for CJT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows9 people have added Cargojet to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cargojet insiders have not sold or bought any company stock. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cargojet is 142.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 77.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Cargojet is 142.57, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 399.94.Price to Book Value per Share RatioCargojet has a P/B Ratio of 4.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CJT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cargojet and its competitors with MarketBeat's FREE daily newsletter. Email Address About Cargojet (TSE:CJT) StockCargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; 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; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an adhoc 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 flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2021, it operated a fleet of 31 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada.Read More CJT Stock News HeadlinesJuly 3, 2022 | fool.ca2 Resilient Value Stocks That Could Weather the Storm - The Motley Fool CanadaJune 28, 2022 | nasdaq.comTSX Fails To Hold Early Gains, Ends On Weak Note - NasdaqJune 26, 2022 | ca.investing.comGot $500? 3 Undervalued TSX Stocks for Superior Returns By The Motley Fool - Investing.com CanadaJune 25, 2022 | fool.ca2 Undervalued Stocks to Buy With Years of Growth Potential - The Motley Fool CanadaJune 24, 2022 | ca.investing.com3 Gold Stocks That Have Held Strong During a Chaotic 2022 By The Motley Fool - Investing.com CanadaJune 24, 2022 | fool.caGot $500? 3 Undervalued TSX Stocks for Superior Returns - The Motley Fool CanadaJune 24, 2022 | finance.yahoo.comCargojet's (TSE:CJT) five-year earnings growth trails the 25% YoY shareholder returnsJune 24, 2022 | americanbankingnews.comCargojet (TSE:CJT) Stock Price Passes Below Two Hundred Day Moving Average of $163.03June 22, 2022 | ca.investing.comJust Upgraded: The 4 Best Stocks to Buy on the TSX Today By The Motley Fool - Investing.com CanadaJune 21, 2022 | ca.investing.com3 Top Growth Stocks Available at a Substantial Discount By The Motley Fool - Investing.com CanadaJune 21, 2022 | marketwatch.comCargojet Increases Buyback Size to Nearly 9% of Public Float from Under 1%; Shares Rise - MarketWatchJune 21, 2022 | marketwatch.comToronto Stocks Continue Rise; Cargojet Shares Jump on Expanded Buyback - MarketWatchJune 21, 2022 | fool.caJust Upgraded: The 4 Best Stocks to Buy on the TSX Today - The Motley Fool CanadaJune 21, 2022 | morningstar.comToronto Stocks Continue Rise; Cargojet Shares Jump on Expanded Buyback - MorningstarJune 21, 2022 | fool.caTSX Today: What to Watch for in Stocks on Tuesday, June 21 - The Motley Fool CanadaJune 21, 2022 | americanbankingnews.comBrokerages Set Cargojet Inc. (TSE:CJT) PT at C$218.00June 21, 2022 | msn.comCanada shares higher at close of trade; S&P/TSX Composite up 1.34% - msnNOWJune 20, 2022 | ca.investing.com1 Growth Stock Every Canadian Investor Should Consider Right Now By The Motley Fool - Investing.com CanadaJune 20, 2022 | in.investing.comCanada shares higher at close of trade; S&P/TSX Composite up 1.34% - Investing.com IndiaJune 19, 2022 | fool.ca4 Growth Stocks to Buy in This Market Correction - The Motley Fool CanadaJune 17, 2022 | americanbankingnews.comCargojet (TSE:CJT) Lowered to "Hold" at BMO Capital MarketsJune 16, 2022 | americanbankingnews.comCargojet Inc. (TSE:CJT) Declares Dividend Increase - $0.29 Per ShareJune 15, 2022 | fool.ca4 TSX Stocks to Pick Up During a Market Correction - The Motley Fool CanadaJune 14, 2022 | apnews.comCargo jet with Iranian crewmembers stuck in Argentina - The Associated Press - en EspañolJune 13, 2022 | nasdaq.comCanadian Market Deep Down In Negative Territory On Growth Worries - NasdaqSee More Headlines Industry, Sector and Symbol Stock ExchangeTSE Industry Integrated Shipping & Logistics Sub-IndustryN/A SectorIndustrials Current SymbolTSE:CJT CUSIPN/A CIKN/A Webwww.cargojet.com Phone+1-905-5017373FaxN/AEmployees1,496Year FoundedN/ACompany Calendar Last Earnings5/02/2022Ex-Dividend for 7/5 Dividend6/17/2022Today7/05/2022Dividend Payable7/05/2022Next Earnings (Confirmed)7/27/2022Price Target and Rating Average Stock Price ForecastC$212.30 High Stock Price ForecastC$302.00 Low Stock Price ForecastC$165.00 Forecasted Upside/Downside+47.6%Consensus RatingModerate Buy Rating Score (0-4)2.5 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio142.44 Forward P/E Ratio18.59 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio63.83 Current Ratio1.46 Quick Ratio1.13 Sales & Book Value Annual SalesC$831.10 million Price / Sales3.00 Cash FlowC$3.07 per share Price / Cash Flow46.92 Book ValueC$35.53 per share Price / Book4.05Miscellaneous Outstanding Shares17,324,000Free FloatN/AMarket CapC$2.49 billion OptionableNot Optionable BetaN/A Cargojet Frequently Asked Questions Should I buy or sell Cargojet stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cargojet stock. View analyst ratings for Cargojet or view top-rated stocks. What is Cargojet's stock price forecast for 2022? 10 Wall Street analysts have issued 1-year price objectives for Cargojet's shares. Their CJT stock forecasts range from C$165.00 to C$302.00. On average, they predict Cargojet's stock price to reach C$212.30 in the next twelve months. This suggests a possible upside of 48.2% from the stock's current price. View analysts' price targets for Cargojet or view top-rated stocks among Wall Street analysts. How has Cargojet's stock price performed in 2022? Cargojet's stock was trading at C$166.57 at the beginning of the year. Since then, CJT stock has decreased by 14.0% and is now trading at C$143.27. View the best growth stocks for 2022 here. When is Cargojet's next earnings date? Cargojet is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Cargojet. How were Cargojet's earnings last quarter? Cargojet Inc. (TSE:CJT) released its quarterly earnings results on Monday, May, 2nd. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.52 by $0.82. The firm had revenue of $233.60 million for the quarter, compared to the consensus estimate of $210.03 million. View Cargojet's earnings history. How often does Cargojet pay dividends? What is the dividend yield for Cargojet? Cargojet declared a quarterly dividend on Friday, June 17th. Shareholders of record on Tuesday, July 5th will be paid a dividend of 0.286 per share on Tuesday, July 5th. This represents a $1.14 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Friday, June 17th. This is an increase from Cargojet's previous quarterly dividend of C$0.26. View Cargojet's dividend history. Is Cargojet a good dividend stock? Cargojet(TSE:CJT) pays an annual dividend of C$1.04 per share and currently has a dividend yield of 0.79%. The dividend payout ratio of Cargojet is 102.97%. Payout ratios above 75% are not desirable because they may not be sustainable. View Cargojet's dividend history. Who are Cargojet's key executives? Cargojet's management team includes the following people: Dr. Ajay Kumar Virmani MBA, Founder, CEO, Pres & Director (Age 66, Pay $4.84M)Mr. Jamie Bennett Porteous, Chief Strategy OfficerMr. Paul David Rinaldo, Sr. VP of Engineering & MaintenanceMs. Pauline Dhillon, Chief Corp. OfficerMr. John Kim CPA, CA, ConsultantMr. Scott D. Calver, Chief Financial OfficerMs. Anju Virmani, Chief Information Officer (Age 67)Mr. Fernando Garcia, VP of Legal & Corp. GovernanceMr. Gord Johnston, Sr. VP of SalesMr. George Sugar, Sr. VP of Regulatory Compliance Who are some of Cargojet's key competitors? Some companies that are related to Cargojet include Clipper Logistics (CLG), Wincanton (WIN), DX (Group) (DX), Titanium Transportation Group (TTR), Eddie Stobart Logistics plc (ESL.L) (ESL), Xpediator (XPD), CTI Logistics (CLX), Deutsche Post (DPW), DSV A/S (DSDVF), K&S (KSC), Prosegur Cash (PGUUF), Qube (QUB), Royal Mail (ROYMF) and Wiseway Group (WWG). View all of CJT's 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), Toronto-Dominion Bank (TD), Enbridge (ENB), Royal Bank of Canada (RY), Alimentation Couche-Tard (ATD.B), Lightspeed Commerce (LSPD), Shopify (SHOP), Brookfield Asset Management (BAM) and CENTRIC HEALTH (CHH). 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 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. What is Cargojet's stock price today? One share of CJT stock can currently be purchased for approximately C$143.27. How much money does Cargojet make? Cargojet (TSE:CJT) has a market capitalization of C$2.48 billion and generates C$831.10 million in revenue each year. How many employees does Cargojet have? Cargojet employs 1,496 workers across the globe. How can I contact Cargojet? Cargojet's mailing address is 6-350 Britannia Rd E, MISSISSAUGA, ON L4Z 1X9, Canada. The official website for Cargojet is www.cargojet.com. The company can be reached via phone at +1-905-5017373. This page (TSE:CJT) was last updated on 7/5/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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