TSE:CJT Cargojet (CJT) Stock Price, News & Analysis → “The Stock Market’s Bull Run is Far from Over” -Barrons (From Vertical Research Advisory) (Ad) Free CJT Stock Alerts C$111.90 -3.81 (-3.29%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$111.90▼C$116.1250-Day RangeC$104.91▼C$123.8952-Week RangeC$76.50▼C$124.94Volume47,467 shsAverage Volume45,040 shsMarket CapitalizationC$1.89 billionP/E Ratio51.57Dividend Yield1.13%Price TargetC$148.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Cargojet alerts: Email Address Cargojet MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside32.4% UpsideC$148.20 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.3.50 out of 5 stars 4.4 Analyst's Opinion Consensus RatingCargojet has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$148.20, Cargojet has a forecasted upside of 32.4% from its current price of C$111.90.Amount of Analyst CoverageCargojet has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CJT. Previous Next 1.7 Dividend Strength Dividend YieldCargojet pays a meaningful dividend of 1.18%, higher than 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 58.06%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CJT. Previous Next 1.9 News and Social Media Coverage News SentimentCargojet has a news sentiment score of 0.38. 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 2 articles on an average week.Search Interest3 people have searched for CJT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Cargojet to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cargojet insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.73% of the stock of Cargojet is held by insiders.Percentage Held by Institutions50.26% of the stock of Cargojet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cargojet is 51.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Cargojet is 51.57, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 412.10.Price to Book Value per Share RatioCargojet has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… About Cargojet Stock (TSE:CJT)Cargojet Inc. provides time sensitive overnight air cargo services and carriers 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, 2023, it operated a fleet of 41 aircraft. The company was founded in 2001 and is headquartered in Mississauga, Canada.Read More CJT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CJT Stock News HeadlinesMarch 28, 2024 | msn.comThese 3 Growth Stocks Are on Sale and Set to SurgeMarch 27, 2024 | americanbankingnews.comCargojet Inc. (TSE:CJT) Given Average Rating of "Moderate Buy" by AnalystsMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 18, 2024 | msn.comTSX flatlines ahead of expected uptick in Canadian CPI; Nuvei soarsMarch 14, 2024 | finance.yahoo.comCargojet Inc.'s (TSE:CJT) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?March 8, 2024 | msn.comCargojet Inc. declares CAD 0.3146 dividendMarch 8, 2024 | finance.yahoo.comCargojet Declares Quarterly DividendMarch 6, 2024 | fool.caThe Bullish Market Left These 3 Stocks Behind, but They’re Buys Right NowMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 4, 2024 | msn.comCanadian Investors: 3 Value Stocks That Look Like Smart Buys in MarchMarch 4, 2024 | msn.com3 Stocks That Can Make You a TFSA MillionaireFebruary 29, 2024 | msn.comDown 40% From All-time Highs, Is Cargojet Stock a Good Buy Today?February 28, 2024 | markets.businessinsider.comTSX Ends Modestly LowerFebruary 28, 2024 | markets.businessinsider.comCanadian Market Down Marginally At NoonFebruary 27, 2024 | finance.yahoo.comCargojet sees strong volumes after 2023 fleet reversalFebruary 27, 2024 | msn.comTSX earnings live updates: Week of Feb 26 - March 1February 26, 2024 | markets.businessinsider.comTSX Ends Moderately LowerFebruary 26, 2024 | markets.businessinsider.comCanadian Market Down In Negative Territory At NoonFebruary 26, 2024 | theglobeandmail.comMarket movers: Stocks seeing action on Monday - and whyFebruary 26, 2024 | morningstar.comNorth American Morning Briefing: Traders Await Inflation Data This WeekFebruary 26, 2024 | msn.comTSX sees downbeat start to the week as commodity prices trend lowerFebruary 26, 2024 | ca.finance.yahoo.comCargojet reports Q4 loss compared with profit a year earlier, revenue downFebruary 26, 2024 | msn.comCargojet reports fourth-quarter loss compared with profit a year earlier as revenue fellFebruary 26, 2024 | finance.yahoo.comCargojet Announces Fourth Quarter ResultsFebruary 23, 2024 | msn.comMillennials and Mid-Caps: So Much Growth Potential!February 13, 2024 | markets.businessinsider.comTSX Ends Sharply Lower As Hot U.S. Inflation Data Triggers Sell-offFebruary 1, 2024 | seekingalpha.comCargojet: Valuation Fully ResetSee More Headlines 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 Company Calendar Ex-Dividend for 1/5 Dividend12/19/2023Dividend Payable1/05/2024Last Earnings2/26/2024Ex-Dividend for 4/5 Dividend3/19/2024Today3/29/2024Dividend Payable4/05/2024Next Earnings (Confirmed)4/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorIndustrials Industry Integrated Freight & Logistics Sub-IndustryN/A Current SymbolTSE:CJT CUSIPN/A CIKN/A Webwww.cargojet.com Phone+1-905-5017373FaxN/AEmployees1,838Year FoundedN/APrice Target and Rating Average Stock Price TargetC$148.20 High Stock Price TargetC$184.00 Low Stock Price TargetC$115.00 Potential Upside/Downside+32.4%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.17 Trailing P/E Ratio51.57 Forward P/E Ratio30.34 P/E GrowthN/ANet IncomeC$37.30 million Net Margins4.25% Pretax MarginN/A Return on Equity4.62% Return on Assets2.10% Debt Debt-to-Equity Ratio101.87 Current Ratio1.49 Quick Ratio0.79 Sales & Book Value Annual SalesC$877.50 million Price / Sales2.15 Cash FlowC$0.32 per share Price / Cash Flow347.16 Book ValueC$46.51 per share Price / Book2.41Miscellaneous Outstanding Shares16,870,000Free FloatN/AMarket CapC$1.89 billion OptionableNot Optionable Beta1.03 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesDr. Ajay Kumar Virmani MBA (Age 67)Founder & Executive Chairman Comp: $3.2MMr. Jamie Bennett PorteousCo- Chief Executive OfficerMs. Pauline DhillonCo- Chief Executive OfficerMr. Scott D. CalverChief Financial OfficerMr. Paul David RinaldoSenior Vice President of Fleet Management & Support ServicesMr. Sanjeev MainiVice President of FinanceMs. Anju Virmani (Age 69)Chief Information Officer Mr. Fernando GarciaVice President of Legal & Corporate GovernanceMr. George SugarSenior Vice President of Regulatory ComplianceMr. John Kim CPACA, ConsultantMore ExecutivesKey CompetitorsAndlauer Healthcare GroupTSE:ANDBadger Infrastructure SolutionsTSE:BDGIMDATSE:MDAWestshore Terminals InvestmentTSE:WTEBrookfield Business PartnersTSE:BBU.UNView All Competitors CJT Stock Analysis - Frequently Asked Questions Should I buy or sell Cargojet stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cargojet in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 target for 2024? 9 Wall Street analysts have issued 12-month price targets for Cargojet's shares. Their CJT share price targets range from C$115.00 to C$184.00. On average, they expect the company's share price to reach C$148.20 in the next year. This suggests a possible upside of 32.4% 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 2024? Cargojet's stock was trading at C$119.17 at the beginning of 2024. Since then, CJT stock has decreased by 6.1% and is now trading at C$111.90. View the best growth stocks for 2024 here. When is Cargojet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024. View our CJT earnings forecast. How were Cargojet's earnings last quarter? Cargojet Inc. (TSE:CJT) announced its quarterly earnings data on Monday, February, 26th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of $0.88 by $1.02. The firm earned $221.90 million during the quarter, compared to analysts' expectations of $250.58 million. Cargojet had a net margin of 4.25% and a trailing twelve-month return on equity of 4.62%. How often does Cargojet pay dividends? What is the dividend yield for Cargojet? Cargojet declared a quarterly dividend on Friday, March 8th. Investors of record on Wednesday, March 20th will be given a dividend of 0.315 per share on Friday, April 5th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Tuesday, March 19th. This is a boost from the stock's previous quarterly dividend of C$0.03. Read our dividend analysis for CJT. Is Cargojet a good dividend stock? Cargojet (TSE:CJT) pays an annual dividend of C$1.26 per share and currently has a dividend yield of 1.18%. The dividend payout ratio is 58.06%. 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). 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. 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