Cargojet Inc experiences notable price movement as it navigates recent news and technical indicators.
This week, Cargojet Inc (CJT.TO) has seen a decline in its stock price, closing at C$86.10, down 1.81% on the day and 4.53% over the past week. Investors are closely monitoring the company's recent developments, particularly regarding its pilot wage increases and insights from the earnings call.
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Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
WealthAwesomeMarket cap
$1.28B
P/E
28.0x
Div. yield
1.71%
Div. / share
$1.47
52W high
$102.71
52W low
$64.71
1W change
-4.53%
Beta
1.16
Analyst Price Targets
Based on analyst covering CJT
Wall Street analysts forecast CJT stock price to rise 43.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$121.85
+43.6% Upside
Current Price
C$84.86
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
35.9%
Annualized
90-Day Vol
31.0%
Annualized
Trend (90d)
-8.7%
Annualized drift
90d Mean
C$82.26
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$83.98 | C$74.19 โ C$95.07 |
| 60 trading days | C$83.12 | C$69.75 โ C$99.04 |
| 90 trading days | C$82.26 | C$66.36 โ C$101.96 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Cargojet's announcements about wage increases and their potential impact on pricing may influence investor sentiment as the company manages costs in a competitive logistics landscape.
Cargojet's stock is currently trading at C$86.10, reflecting a 1D decline of 1.81%.
With a P/E ratio of 27.97 and a market cap of C$1.28 billion, Cargojet operates in a competitive sector that requires careful cost management and strategic pricing.
Bull case
Analysts are optimistic about Cargojet, with an average target price of C$121.85. This suggests there is significant potential for the stock to rise from its current levels.
Bear case
The recent drop in stock price, combined with rising operational costs due to wage increases, may pressure profit margins. This situation could lead to more cautious sentiment among investors.
Recent Price Action
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Cargojet Inc's stock has closed at C$86.10, reflecting a decline of 1.81% today and 4.53% over the last week. The stock has also seen a slight decrease of 0.71% over the past month and is down 1.12% year-to-date, indicating a challenging market environment for the company.
Company News
Recently, Cargojet announced plans to pass a significant pilot wage increase onto its customers. This decision, made public on August 20, 2026, could affect pricing strategies and profit margins in the upcoming quarters. Additionally, insights from the Q2 earnings call on August 11, 2026, highlighted operational challenges and strategic responses to market conditions.
Technical Picture
The technical indicators for Cargojet show a current price of C$86.10, which is above its 50-day moving average of C$85.74 and its 200-day moving average of C$84.72, suggesting a stable price trend. The stock has a beta of 1.16, indicating slightly higher volatility compared to the market. The 52-week trading range has been between C$64.71 and C$102.71, with the current price at approximately 56% of this range. Volume has been notably active, with 80,575 shares traded, representing 1.50 times the 20-day average of 152,203 shares.
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