Cargojet Inc has seen a notable uptick in its stock price, gaining 2.02% in the latest trading session.
Cargojet Inc (CJT.TO) closed at CA$82.50, reflecting a 2.02% increase in a single trading day. This rise comes amid steady financial performance and strategic decisions that seem to resonate positively with investors.
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Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
WealthAwesomeMarket cap
$1.30B
P/E
35.6x
52W high
$103.80
52W low
$64.71
1W change
+0.46%
Beta
1.16
Analyst Price Targets
Based on analyst covering CJT
Wall Street analysts forecast CJT stock price to rise 33.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$116.77
+33.8% Upside
Current Price
C$87.27
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
26.5%
Annualized
90-Day Vol
29.4%
Annualized
Trend (90d)
+26.2%
Annualized drift
90d Mean
C$95.82
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$90.03 | C$82.15 โ C$98.66 |
| 60 trading days | C$92.88 | C$81.60 โ C$105.72 |
| 90 trading days | C$95.82 | C$81.77 โ C$112.28 |
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.
Investor takeaway: For investors, Cargojet's recent performance may signal continued confidence in its operational strategy and financial health, making it a stock to watch in the logistics sector.
Cargojet Inc's stock rises 2.02% in one day
With a market cap of CA$1.25 billion and a P/E ratio of 33.01, Cargojet is positioned within a competitive landscape that requires constant innovation and efficiency.
Bull case
The company's recent financial results show stable growth, with a modest increase in revenues and rising EBITDA. This suggests that Cargojet is effectively managing its operations and taking advantage of market opportunities.
Bear case
Despite the positive movement, investors should stay cautious. The logistics sector can be volatile, and any unexpected disruptions could affect Cargojet's performance in the future.
Recent Financial Performance
Cargojet reported a 1.9% increase in total revenues to $254.7 million for Q1 2026, with Adjusted EBITDA rising 1.4% to $81.9 million. This steady growth in financial metrics likely contributes to the positive sentiment surrounding the stock.
Dividend Increase Signals Confidence
On May 4, 2026, Cargojet's Board of Directors declared a quarterly dividend of $0.385 per share, marking a 10% increase from the previous quarter. Such moves often indicate management's confidence in the company's ongoing profitability.
Market Position and Future Outlook
With a market cap of CA$1.25 billion and a P/E ratio of 33.01, Cargojet is well-positioned in the logistics sector. Investors should consider how the company's operational strategies will navigate potential market challenges ahead.
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