Idea EngineIdea EngineTSE:CJT Cargojet (CJT) Stock Price, News & Analysis → Incredible Opportunity to Retire FAST! (From Crypto 101 Media) (Ad) Free CJT Stock Alerts C$122.57 +1.99 (+1.65%) (As of 05/7/2024 ET) Add Compare Share Share Today's RangeC$120.59▼C$122.8450-Day RangeC$104.91▼C$123.0052-Week RangeC$76.50▼C$125.44Volume29,400 shsAverage Volume46,099 shsMarket CapitalizationC$2.07 billionP/E Ratio56.22Dividend Yield1.03%Price TargetC$148.91 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Cargojet alerts: Email Address Cargojet MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside21.5% UpsideC$148.91 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.73Based on 31 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.2.94 out of 5 stars 3.4 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.Amount of Analyst CoverageCargojet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Cargojet's stock forecast and price target. 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 1.09%, 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 57.80%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Cargojet's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CJT. Previous Next 3.2 News and Social Media Coverage News SentimentCargojet has a news sentiment score of 0.73. 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 is a higher news sentiment than the 0.34 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 31 news articles for Cargojet this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for CJT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows1 people have added Cargojet to their MarketBeat watchlist in the last 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 Institutions50.23% of the stock of Cargojet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Cargojet's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cargojet is 56.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Cargojet is 56.22, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 414.87.Price to Book Value per Share RatioCargojet has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Cargojet's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeGold Set to EXPLODE!Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! 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 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. The company operates a fleet of 41 aircraft. Cargojet Inc. 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 HeadlinesMay 4, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for Cargojet Inc. Lifted by Analyst (TSE:CJT)May 3, 2024 | americanbankingnews.comFY2024 Earnings Estimate for Cargojet Inc. Issued By National Bank Financial (TSE:CJT)May 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 3, 2024 | americanbankingnews.comFY2024 Earnings Forecast for Cargojet Inc. Issued By Atb Cap Markets (TSE:CJT)May 3, 2024 | americanbankingnews.comQ2 2024 Earnings Forecast for Cargojet Inc. (TSE:CJT) Issued By CormarkMay 2, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Cargojet Inc. Increased by Atb Cap Markets (TSE:CJT)May 2, 2024 | americanbankingnews.comQ2 2024 Earnings Forecast for Cargojet Inc. Issued By National Bank Financial (TSE:CJT)May 1, 2024 | finance.yahoo.comCargojet First Quarter 2024 Earnings: EPS Beats ExpectationsMay 8, 2024 | Unstoppable Prosperity (Ad)“Crash Insurance” For Your RetirementWhen it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio. May 1, 2024 | americanbankingnews.comCargojet (TSE:CJT) Given New C$162.00 Price Target at TD SecuritiesMay 1, 2024 | americanbankingnews.comCargojet (TSE:CJT) Given New C$132.00 Price Target at National BanksharesMay 1, 2024 | americanbankingnews.comCargojet (TSE:CJT) Given New C$182.00 Price Target at Royal Bank of CanadaApril 30, 2024 | msn.comTSX Today: What to Watch for in Stocks on Tuesday, April 30April 30, 2024 | msn.comWhy Cargojet Stock Jumped 10% on TuesdayApril 29, 2024 | ca.finance.yahoo.comCargojet reports $32.5M Q1 profit, up from $30.5M a year agoApril 29, 2024 | msn.comCargojet reports $32.5-million first-quarter profit, up from $30.5-million a year agoMarch 28, 2024 | msn.comThese 3 Growth Stocks Are on Sale and Set to SurgeMarch 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 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 NoonSee 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 Last Earnings2/26/2024Ex-Dividend for 4/5 Dividend3/19/2024Dividend Payable4/05/2024Today5/07/2024Next Earnings (Estimated)8/12/2024Get 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$148.91 High Stock Price TargetC$182.00 Low Stock Price TargetC$115.00 Potential Upside/Downside+21.5%Consensus RatingModerate Buy Rating Score (0-4)2.78 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.18 Trailing P/E Ratio56.22 Forward P/E Ratio33.24 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 / Sales2.36 Cash FlowC$0.35 per share Price / Cash Flow347.16 Book ValueC$46.51 per share Price / Book2.64Miscellaneous Outstanding Shares16,870,000Free FloatN/AMarket CapC$2.07 billion OptionableNot Optionable Beta1.03 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. Ajay Kumar Virmani MBA (Age 68)Founder & Executive Chairman Comp: $1.76MMr. 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 ServicesMs. 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, ConsultantMr. Gord JohnstonSenior Vice President of Strategic Partnerships SalesMore ExecutivesKey CompetitorsAndlauer Healthcare GroupTSE:ANDExchange IncomeTSE:EIFMorneau ShepellTSE:MSIBrookfield Business PartnersTSE:BBU.UNRussel MetalsTSE:RUSView 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 twelve months. 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 brokerages have issued twelve-month price objectives for Cargojet's shares. Their CJT share price targets range from C$115.00 to C$182.00. On average, they expect the company's stock price to reach C$148.91 in the next year. This suggests a possible upside of 21.5% 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 the year. Since then, CJT shares have increased by 2.9% and is now trading at C$122.57. 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, August 12th 2024. View our CJT earnings forecast. How were Cargojet's earnings last quarter? Cargojet Inc. (TSE:CJT) posted its earnings results on Monday, February, 26th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of $0.88 by $1.02. The company earned $221.90 million during the quarter, compared to analyst estimates 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 announced a quarterly dividend on Friday, March 8th. Stockholders of record on Wednesday, March 20th will be paid 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 1.03%. The ex-dividend date of this dividend is Tuesday, March 19th. This is a positive change 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 1.09%. The dividend payout ratio is 57.80%. 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. This page (TSE:CJT) was last updated on 5/8/2024 by MarketBeat.com Staff From Our PartnersShocking: One AI startup's revenue could surge 4,735%Manward PressThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorAI “wealth window” is closing June 25thParadigm Press[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsStock-Picking AI Predicts #1 Stock of 2024AltimetryElon Musk Secret Crypto Plot ExposedCrypto 101 MediaThe #1 lithium battery stock to have on your radar in 2024!Smallcaps DailyThe AI Stock that’s Disrupting Every IndustryStockEarnings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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