Cargojet Inc has seen a slight decline in its stock price today, while maintaining a positive trajectory over the past week.
Cargojet Inc (CJT.TO) has experienced a modest pullback of 0.63% in its stock price today, closing at C$94.42. However, the stock has gained 2.09% over the past week, reflecting some stability amidst fluctuations in the market. This week, there has been no significant news directly impacting the stock, but several recent announcements may be influencing investor sentiment.
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Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
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Market cap
$1.30B
P/E
35.7x
Div. yield
1.62%
Div. / share
$1.44
52W high
$103.47
52W low
$64.71
1W change
+2.09%
Beta
1.16
Analyst Price Targets
Based on analyst covering CJT
Wall Street analysts forecast CJT stock price to rise 35.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$116.77
+35.4% Upside
Current Price
C$86.26
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CJT's historical volatility
30-Day Vol
26.7%
Annualized
90-Day Vol
28.6%
Annualized
Trend (90d)
+21.5%
Annualized drift
90d Mean
C$93.14
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$88.49 | C$80.70 – C$97.04 |
| 60 trading days | C$90.79 | C$79.69 – C$103.43 |
| 90 trading days | C$93.14 | C$79.39 – C$109.26 |
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 be aware of Cargojet's recent quarterly results and dividend declaration, which may signal the company's ongoing commitment to shareholder returns despite market challenges.
Cargojet Sees 1.9% Revenue Growth Amidst Market Challenges
Despite a complex operating environment, Cargojet reported a 1.9% year-over-year increase in revenue for Q1 2026, showcasing resilience in its business model.
Bull case
The announcement of a quarterly dividend increase and steady revenue growth in the first quarter could attract investors seeking income and stability in a volatile market. This reflects Cargojet's ability to navigate challenges while still rewarding shareholders.
Bear case
Even with positive revenue growth, ongoing market challenges and a relatively high P/E ratio might raise concerns about the company's valuation and future performance. Investors should consider these factors when evaluating the stock's potential.
Recent Company News
Cargojet has not announced any major updates this week. However, recent headlines indicate that the company reported a 1.9% year-over-year revenue increase in its first quarter financial results, which were released on May 4, 2026. This report noted that domestic revenues remained steady despite challenging market conditions. Additionally, the company declared a quarterly dividend of $0.385 per share, reflecting its commitment to returning capital to shareholders.
Technical Picture
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From a technical standpoint, Cargojet is currently trading at C$94.42, which is 11.6% above its 50-day moving average of C$84.59 and 12.0% above its 200-day moving average of C$84.30. The stock has a 52-week range of C$64.71 to C$103.47, indicating it is currently trading at 77% of its 52-week high. Cargojet has a beta of 1.16, suggesting it is slightly more volatile than the overall market, and has seen a significant increase in trading volume, with the latest volume at 264,316 shares compared to a 20-day average of 60,352 shares.
Insider Activity
There are no recent insider activity reports available for Cargojet at this time.
Earnings and Analyst Outlook
The average analyst target for Cargojet stands at C$116.77, implying a potential upside of 23.7% from the current price. Analysts maintain a bullish outlook on the stock, reflecting confidence in its operational performance and growth prospects.
Price Action
Cargojet Inc's stock closed at C$94.42, reflecting a decrease of 0.63% today. However, the stock has shown resilience with a weekly gain of 2.09%.
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