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S&P 500   4,274.51
DOW   33,550.27
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DOW   33,550.27
QQQ   355.04
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A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
This Stock Could Go Up 66% or More. (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Global shares mostly fall over China worries
Elon Did It Again: This Could be Bigger than Tesla (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
TSE:CJT

Cargojet (CJT) Stock Forecast, Price & News

C$90.08
+0.18 (+0.20%)
(As of 09/27/2023 ET)
Compare
Today's Range
C$88.47
▼
C$91.19
50-Day Range
C$89.90
▼
C$103.38
52-Week Range
C$88.47
▼
C$143.61
Volume
51,772 shs
Average Volume
57,257 shs
Market Capitalization
C$1.55 billion
P/E Ratio
11.37
Dividend Yield
1.27%
Price Target
C$144.64
ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesSocial Media

Cargojet MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
59.1% Upside
C$143.27 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.24mentions of Cargojet in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

See Top Rated MarketRank™ Stocks Here

CJT stock logo

About Cargojet (TSE:CJT) Stock

Cargojet Inc. provides time sensitive overnight air cargo services in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance 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 ad hoc 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 aircraft operation and maintenance, flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2022, it operated a fleet of 39 aircraft. The company was founded in 2001 and is headquartered in Mississauga, Canada.

CJT Price History

CJT Stock News Headlines

September 28, 2023 | americanbankingnews.com
Cargojet (TSE:CJT) Price Target Cut to C$136.00 by Analysts at Scotiabank
September 28, 2023 | americanbankingnews.com
Cargojet (TSE:CJT) Price Target Cut to C$170.00 by Analysts at TD Securities
September 28, 2023 | Behind the Markets (Ad)
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September 28, 2023 | americanbankingnews.com
Cargojet (TSE:CJT) Hits New 12-Month Low After Analyst Downgrade
September 27, 2023 | americanbankingnews.com
Cargojet (TSE:CJT) Price Target Lowered to C$187.00 at Royal Bank of Canada
September 23, 2023 | msn.com
Buy the Dip: 3 Stocks to Buy Today for a Big Profit in 5 Years
September 19, 2023 | markets.businessinsider.com
TSX Ends Sharply Lower As Stocks Fall After Inflation Data Fuels Rate Concerns
September 19, 2023 | americanbankingnews.com
Cargojet (TSE:CJT) Shares Cross Below 200-Day Moving Average of $102.07
September 28, 2023 | Behind the Markets (Ad)
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
September 15, 2023 | msn.com
Why Cargojet Stock is the Best Deal on the Market
September 12, 2023 | finance.yahoo.com
Is Now The Time To Look At Buying Cargojet Inc. (TSE:CJT)?
September 11, 2023 | msn.com
New Investors? Buy These 2 Growth Stocks
September 6, 2023 | theglobeandmail.com
Closing Bell: Cargojet Inc 5.25 Pct Debs up on Tuesday (CJT-DB-F)
August 16, 2023 | msn.com
Cargojet Stock: Buy, Sell, or Hold?
August 14, 2023 | finance.yahoo.com
COVID cost initiative boosts Cargojet margins despite drop in volumes
August 14, 2023 | msn.com
Cargojet Stock (TSE:CJT) Flies after Q2 Earnings Beat
August 12, 2023 | msn.com
Saving for a Down Payment? These 3 Stocks Can Help
August 6, 2023 | theglobeandmail.com
Closing Bell: Cargojet Inc down on Friday (CJT)
August 5, 2023 | theglobeandmail.com
Closing Bell: Cargojet Inc 5.25 Pct Debs up on Friday (CJT-DB-F)
July 22, 2023 | theglobeandmail.com
Cargojet: Stocks Undervalued by Analyst Consensus on TSX (CJT)
July 12, 2023 | ca.finance.yahoo.com
Investors Are Warming Up to Stocks Again: Here Are 3 to Get Excited About
June 27, 2023 | finance.yahoo.com
Cargojet (TSE:CJT) Has More To Do To Multiply In Value Going Forward
June 9, 2023 | msn.com
Should Investors Have Cargojet Stock on Their Watchlist?
June 9, 2023 | msn.com
SCOTIABANK GBM Maintains Cargojet (TSX:CJT) Outperform Recommendation
June 9, 2023 | finance.yahoo.com
Cargojet (TSE:CJT) Has Announced A Dividend Of CA$0.286
May 25, 2023 | finance.yahoo.com
Cargojet (TSE:CJT) Is Paying Out A Dividend Of CA$0.286
May 24, 2023 | theglobeandmail.com
Closing Bell: Cargojet Inc 5.75 Pct Debs up on Tuesday (CJT-DB-D)
See More Headlines
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CJT Company Calendar

Ex-Dividend for 7/5 Dividend
6/19/2023
Dividend Payable
7/05/2023
Last Earnings
8/14/2023
Ex-Dividend for 10/5 Dividend
9/19/2023
Today
9/28/2023
Dividend Payable
10/05/2023
Next Earnings (Estimated)
10/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Integrated Freight & Logistics
Sub-Industry
N/A
Sector
Industrials
Current Symbol
TSE:CJT
CUSIP
N/A
CIK
N/A
Web
www.cargojet.com
Phone
+1-905-5017373
Fax
N/A
Employees
1,817
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$143.27
High Stock Price Forecast
C$187.00
Low Stock Price Forecast
C$110.00
Forecasted Upside/Downside
+60.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$7.92
Trailing P/E Ratio
11.37
Forward P/E Ratio
18.49
P/E Growth
N/A
Net Income
C$147.70 million
Net Margins
15.69%
Pretax Margin
N/A
Return on Equity
18.01%
Return on Assets
4.31%

Debt

Debt-to-Equity Ratio
82.01
Current Ratio
0.73
Quick Ratio
0.79

Sales & Book Value

Annual Sales
C$941.30 million
Price / Sales
1.65
Cash Flow
C$0.26 per share
Price / Cash Flow
347.16
Book Value
C$51.35 per share
Price / Book
1.75

Miscellaneous

Outstanding Shares
17,210,000
Free Float
N/A
Market Cap
C$1.55 billion
Optionable
Not Optionable
Beta
0.89
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Key Executives

  • Dr. Ajay Kumar Virmani MBA (Age 67)
    Founder, CEO, Pres & Director
    Comp: $3.2M
  • Mr. Scott D. Calver
    Chief Financial Officer
  • Mr. Jamie Bennett Porteous
    Chief Strategy Officer
  • Mr. Paul David Rinaldo
    Sr. VP of Fleet Management & Support Services
  • Ms. Pauline Dhillon
    Chief Corp. Officer
  • Mr. Sanjeev Maini
    VP of Fin.
  • Ms. Anju Virmani (Age 68)
    Chief Information Officer
  • Mr. Fernando Garcia
    VP of Legal & Corp. Governance
  • Mr. George Sugar
    Sr. VP of Regulatory Compliance
  • Mr. John Kim CPA
    CA, Consultant

Key Competitors

View All Competitors













CJT Stock - Frequently Asked Questions

Should I buy or sell Cargojet stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CJT shares.
View CJT analyst ratings or view top-rated stocks.

What is Cargojet's stock price forecast for 2023?

7 Wall Street research analysts have issued 1-year price targets for Cargojet's stock. Their CJT share price forecasts range from C$110.00 to C$187.00. On average, they anticipate the company's stock price to reach C$143.27 in the next year. This suggests a possible upside of 59.1% from the stock's current price.
View analysts price targets for CJT or view top-rated stocks among Wall Street analysts.

How have CJT shares performed in 2023?

Cargojet's stock was trading at C$116.35 at the start of the year. Since then, CJT shares have decreased by 22.6% and is now trading at C$90.08.
View the best growth stocks for 2023 here.

When is Cargojet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our CJT earnings forecast.

How were Cargojet's earnings last quarter?

Cargojet Inc. (TSE:CJT) announced its quarterly earnings results on Monday, August, 14th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by $0.19. The company had revenue of $209.70 million for the quarter, compared to the consensus estimate of $229.40 million. Cargojet had a net margin of 15.69% and a trailing twelve-month return on equity of 18.01%.

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

Cargojet declared a quarterly dividend on Monday, September 18th. Stockholders of record on Wednesday, September 20th will be given a dividend of 0.286 per share on Thursday, October 5th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, September 19th.
Read our dividend analysis for CJT.

Is Cargojet a good dividend stock?

Cargojet (TSE:CJT) pays an annual dividend of C$1.14 per share and currently has a dividend yield of 1.18%. The dividend payout ratio is 14.39%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CJT.

What other stocks do shareholders of Cargojet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cargojet investors own include 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 stock 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$90.08.

How much money does Cargojet make?

Cargojet (TSE:CJT) has a market capitalization of C$1.55 billion and generates C$941.30 million in revenue each year. The company earns C$147.70 million in net income (profit) each year or C$7.92 on an earnings per share basis.

How many employees does Cargojet have?

The company employs 1,817 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 the company is www.cargojet.com. The company can be reached via phone at +1-905-5017373.

This page (TSE:CJT) was last updated on 9/28/2023 by MarketBeat.com Staff

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