Cargojet Inc. (TSX:CJT) Stock Price & Quote Analysis

CJT Stock Overview

Cargojet Inc. provides time sensitive overnight air cargo services in Canada.

CJT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	5/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 78.1% below our estimate of its fair value

Revenue is forecast to grow 8.23% per year

Earnings grew by 545.4% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 11.8% per year for the next 3 years

High level of non-cash earnings

Has a high level of debt

My Notes

New

Notes are coming soon

Cargojet Inc. Competitors

Exchange Income

TSX:EIF

CA$2.3b

Mullen Group

TSX:MTL

CA$1.3b

Westshore Terminals Investment

TSX:WTE

CA$1.6b

Logistec

TSX:LGT.B

CA$519.3m

Price History & Performance

Summary of all time highs, changes and price drops for Cargojet
Historical stock prices
Current Share Price	CA$123.14
52 Week High	CA$194.19
52 Week Low	CA$109.69
Beta	0.90
1 Month Change	5.84%
3 Month Change	-7.32%
1 Year Change	-31.64%
3 Year Change	4.19%
5 Year Change	104.38%
Change since IPO	1,113.20%

Does Cargojet (TSE:CJT) Deserve A Spot On Your Watchlist?

Jan 18

What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?

Nov 14

Recent updates

Shareholder Returns

	CJT	CA Logistics	CA Market
7D	3.5%	2.1%	0.6%
1Y	-31.6%	-10.2%	-0.6%

Return vs Industry: CJT underperformed the Canadian Logistics industry which returned -10.2% over the past year.

Return vs Market: CJT underperformed the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is CJT's price volatile compared to industry and market?
CJT volatility
CJT Average Weekly Movement	5.2%
Logistics Industry Average Movement	4.9%
Market Average Movement	9.9%
10% most volatile stocks in CA Market	19.1%
10% least volatile stocks in CA Market	3.9%

Stable Share Price: CJT is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CJT's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	1,718	Ajay Virmani	https://www.cargojet.com

Cargojet 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.

Cargojet Inc. Fundamentals Summary

How do Cargojet's earnings and revenue compare to its market cap?
CJT fundamental statistics
Market Cap	CA$2.12b
Earnings (TTM)	CA$289.80m
Revenue (TTM)	CA$948.80m

7.3x

P/E Ratio

2.2x

P/S Ratio

Is CJT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CJT income statement (TTM)
Revenue	CA$948.80m
Cost of Revenue	CA$686.50m
Gross Profit	CA$262.30m
Other Expenses	-CA$27.50m
Earnings	CA$289.80m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	16.85
Gross Margin	27.65%
Net Profit Margin	30.54%
Debt/Equity Ratio	60.7%

How did CJT perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

7%

Payout Ratio

CJT Stock Overview

Rewards

Risk Analysis

Cargojet Inc. Competitors

TSX:EIF

CA$2.3b

TSX:MTL

CA$1.3b

TSX:WTE

CA$1.6b

TSX:LGT.B

CA$519.3m

Price History & Performance

Recent News & Updates

Cargojet Inc., Annual General Meeting, Apr 11, 2023

Does Cargojet (TSE:CJT) Deserve A Spot On Your Watchlist?

Upcoming dividend of CA$0.29 per share

What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?

Cargojet Inc. Declares Cash Dividend for the Period from October 1, 2022 to December 31, 2022, Payable on December 20, 2022

Consensus forecasts updated

Recent updates

Cargojet Inc., Annual General Meeting, Apr 11, 2023

Does Cargojet (TSE:CJT) Deserve A Spot On Your Watchlist?

Upcoming dividend of CA$0.29 per share

What Does Cargojet Inc.'s (TSE:CJT) Share Price Indicate?

Cargojet Inc. Declares Cash Dividend for the Period from October 1, 2022 to December 31, 2022, Payable on December 20, 2022

Consensus forecasts updated

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Investors Met With Slowing Returns on Capital At Cargojet (TSE:CJT)

Is Cargojet (TSE:CJT) Using Too Much Debt?

Investor sentiment deteriorated over the past week

Cargojet Inc. to Report Q3, 2022 Results on Oct 31, 2022

Upcoming dividend of CA$0.29 per share

Cargojet Inc. Declares Cash Dividend for the Period from July 1, 2022, to September 30, 2022, Payable on or Before October 5, 2022

With EPS Growth And More, Cargojet (TSE:CJT) Makes An Interesting Case

Price target decreased to CA$208

Consensus EPS estimates increase by 468%

Second quarter 2022 earnings: Revenues exceed analyst expectations

Cargojet (TSE:CJT) Takes On Some Risk With Its Use Of Debt

Consensus forecasts updated

Cargojet Inc. to Report Q2, 2022 Results on Jul 27, 2022

The Returns At Cargojet (TSE:CJT) Aren't Growing

Chief Financial Officer recently bought CA$201k worth of stock

Upcoming dividend of CA$0.29 per share

Chief Financial Officer recently bought CA$299k worth of stock

Should You Be Adding Cargojet (TSE:CJT) To Your Watchlist Today?

Cargojet Inc. Appoints Scott Calver as Chief Financial Officer

The Board of Directors of Cargojet Inc. Declares Cash Dividend for the Period from April 1, 2022, to June 30, 2022, Payable on or Before July 5, 2022

Consensus forecasts updated

Cargojet Inc. (TSX:CJT) announces an Equity Buyback for 155,000 shares, representing 0.89% for CAD 15.5 million.

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Is Cargojet (TSE:CJT) Using Too Much Debt?

Full year 2021 earnings: Revenues exceed analyst expectations

Full year 2021 earnings: Revenues exceed analyst expectations

Here's What To Make Of Cargojet's (TSE:CJT) Decelerating Rates Of Return

Cargojet Inc., Annual General Meeting, Apr 07, 2022

Upcoming dividend of CA$0.26 per share

Cargojet (TSE:CJT) Seems To Use Debt Quite Sensibly

Third quarter 2021 earnings released

Cargojet's (TSE:CJT) Returns On Capital Are Heading Higher

Insider recently sold CA$413k worth of stock

Cargojet Successfully Recertifies ISO 9001 Quality Accreditation

Upcoming dividend of CA$0.26 per share

Cargojet Inc. (TSX:CJT) acquired 25% stake in 21 Air, LLC.

Consensus forecasts updated

Second quarter 2021 earnings released: CA$0.64 loss per share (vs CA$2.89 loss in 2Q 2020)

Independent Director recently sold CA$296k worth of stock

Is There An Opportunity With Cargojet Inc.'s (TSE:CJT) 47% Undervaluation?

Executive VP & Chief Commercial Officer recently sold CA$254k worth of stock

Founder recently sold CA$7.9m worth of stock

Does Cargojet (TSE:CJT) Have A Healthy Balance Sheet?

First quarter 2021 earnings released

Cargojet Announces Director Changes

Is Cargojet (TSE:CJT) A Future Multi-bagger?

Full year 2020 earnings released

Price target lowered to CA$261

Revenue and earnings beat expectations

New 90-day low: CA$200

Cargojet Inc. has completed a Follow-on Equity Offering in the amount of CAD 350.1565 million.