Cargojet Inc. has seen a slight decline in its stock performance this week amid recent financial disclosures.
Cargojet Inc. (CJT.TO) closed at C$88.51, unchanged from the previous day, but down 0.67% over the past week. As the company continues to navigate its operational landscape, recent financial results and strategic moves have come into focus.
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Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
WealthAwesomeMarket cap
$1.26B
P/E
34.5x
Div. yield
1.69%
Div. / share
$1.44
52W high
$103.47
52W low
$64.71
1W change
-0.67%
Beta
1.16
Analyst Price Targets
Based on analyst covering CJT
Wall Street analysts forecast CJT stock price to rise 38.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$116.77
+38.2% Upside
Current Price
C$84.49
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
24.4%
Annualized
90-Day Vol
28.4%
Annualized
Trend (90d)
+12.1%
Annualized drift
90d Mean
C$88.21
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$85.71 | C$78.80 – C$93.23 |
| 60 trading days | C$86.95 | C$77.21 – C$97.92 |
| 90 trading days | C$88.21 | C$76.26 – C$102.03 |
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: Investors should consider the recent financial performance and strategic decisions by Cargojet as they assess the company's future prospects amidst a challenging market environment.
1.9% Year-Over-Year Revenue Growth
Cargojet reported a revenue increase to C$254.7 million for Q1 2026, highlighting its ability to grow even amidst operational challenges.
Bull case
Cargojet's revenues increased by 1.9% year-over-year in Q1 2026, showing that the company can maintain its operational model despite a significant drop in net earnings. By focusing on its core operations after selling 21 Air, Cargojet may streamline its business and improve profitability over time.
Bear case
The sharp decline in net earnings from C$48 million to C$4.1 million in the latest quarter raises concerns about the company's profitability and operational efficiency. Additionally, the stock's performance has been lackluster, with a year-to-date decline of 1.55%.
Recent Performance Overview
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Cargojet Inc. has experienced a stable stock price this week, closing at C$88.51. Over the past week, the stock has declined by 0.67%, while the month-to-date performance shows a decrease of 2.74%. Year-to-date, Cargojet's stock is down 1.55%, reflecting a challenging market environment for the company.
Catalysts and Company News
The latest headlines surrounding Cargojet include the announcement of its first-quarter financial results, where it reported revenues of C$254.7 million, a 1.9% increase year-over-year. However, net earnings fell sharply to C$4.1 million from C$48 million in the same quarter last year. This stark decline raises questions about the company's operational efficiency. Additionally, Cargojet has announced a cash dividend of $0.385 per share, which may provide some reassurance to investors.
Technical Picture
From a technical perspective, Cargojet's stock is currently trading above its 50-day moving average of C$84.47 and its 200-day moving average of C$84.23, indicating a positive short- to mid-term trend. The stock's 52-week range is C$64.71 to C$103.47, suggesting it is currently trading at approximately 61% of its range. Cargojet's beta of 1.16 indicates that it is slightly more volatile than the overall market. Volume for the latest trading session was 83,009 shares, which is 0.36 times the 20-day average volume of 63,952 shares.
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