Cargojet Inc's stock saw a slight uptick today, but its weekly performance indicates a more cautious market sentiment.
Cargojet Inc (CJT.TO) closed at C$85.06, representing a modest increase of 0.42% for the day. However, the stock has experienced a decline of 0.64% over the past week. The company has not released any major news this week, but recent headlines may provide context for investors.
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Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
WealthAwesomeMarket cap
$1.28B
P/E
34.9x
Div. yield
1.69%
Div. / share
$1.44
52W high
$103.47
52W low
$64.71
1W change
-0.64%
Beta
1.16
Analyst Price Targets
Based on analyst covering CJT
Wall Street analysts forecast CJT stock price to rise 36.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$116.77
+36.6% Upside
Current Price
C$85.47
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CJT's historical volatility
30-Day Vol
27.6%
Annualized
90-Day Vol
29.3%
Annualized
Trend (90d)
+38.8%
Annualized drift
90d Mean
C$98.19
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$89.52 | C$81.39 – C$98.46 |
| 60 trading days | C$93.75 | C$81.94 – C$107.26 |
| 90 trading days | C$98.19 | C$83.26 – C$115.79 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While Cargojet's stock has shown resilience with a small daily gain, its weekly performance suggests that investors are navigating a period of uncertainty. The recent financial results and dividend declaration may be influencing market sentiment.
Cargojet's stock is currently trading at C$85.06, with a 52-week range of C$64.71 – C$103.47.
With the stock trading at approximately 53% of its 52-week range, investors may see potential for growth if the company continues to perform well operationally.
Bull case
Cargojet's recent financial results showed a year-over-year revenue increase and an expansion in EBITDA margin, indicating solid operational performance despite challenging conditions. The 10% increase in dividends reflects confidence in ongoing cash flow, which is a positive sign for investors.
Bear case
Despite these positive indicators, the stock's performance this week and a year-to-date decline of 0.41% may signal caution among investors. The company’s beta of 1.16 suggests it is more volatile than the market, which could be a concern for those who prefer lower-risk investments.
Recent Price Action
Cargojet's stock closed at C$85.06 today, reflecting a slight daily gain of 0.42%. Over the past week, the stock has decreased by 0.64%, while it has gained 7.79% in the last month. Year-to-date, Cargojet's stock has seen a modest decline of 0.41%.
Company News and Headlines
This week, there has been no major news from Cargojet. However, recent headlines indicate that the company reported a 1.9% year-over-year increase in total revenues for Q1 2026, amounting to $254.7 million. Additionally, Cargojet declared a cash dividend of $0.385 per share, marking a 10% increase from the previous quarter, which may be contributing to overall investor sentiment.
Technical Picture
From a technical standpoint, Cargojet's stock is currently trading above both its 50-day moving average of C$84.34 and its 200-day moving average of C$84.24, indicating potential bullish momentum. The stock has a beta of 1.16, suggesting it is more volatile than the market. The latest trading volume of 60,747 shares is slightly below the 20-day average volume of 63,840 shares, reflecting a volume ratio of 0.53x.
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