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Why Cargojet Inc stock is tanking today

By Wealth Awesome -

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Stocks & ETFs:CJT.TO

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Cargojet Inc's stock took a hit, dropping 1.06% in the last trading session, raising concerns among investors.

In the latest trading session, Cargojet Inc (CJT.TO) experienced a decline of 1.06%, closing at CA$81.94. This downturn comes against a backdrop of mixed financial performance and investor sentiment, leaving many to question the sustainability of its recent gains.

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Cargojet Inc

CJT.TO

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CJT.TO

Cargojet Inc

Source:WealthAwesomeWealthAwesome
$12.78 (-13.14%)
120 day period
$75.45$86.81$98.18Feb 10May 7Jul 31

Market 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

-1.15%

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

Bullish

Based 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

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CJT's historical volatility

HistoricalForecast68%95%
C$63.95C$75.47C$86.99C$98.51C$110.03C$121.55TodayMar 25May 29Jul 31Sep 12Oct 26Dec 8

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

HorizonExpected68% Range (1σ)
30 trading daysC$85.71C$78.80C$93.23
60 trading daysC$86.95C$77.21C$97.92
90 trading daysC$88.21C$76.26C$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 remain cautious as Cargojet's recent performance may signal underlying issues that could impact future growth.

Cargojet's stock falls 1.06% in one day.

With a market cap of CA$1.21 billion and a profit margin of just 3.64%, investors may need to reassess the company's growth potential in a competitive market.

Bull case

Cargojet has shown resilience in its revenue growth, especially in charter services. If this trend continues, it could be a positive sign for long-term investors.

Bear case

The recent drop in stock price raises concerns about investor confidence, particularly given the high P/E ratio of 33.8. This suggests that the stock may be overvalued compared to its earnings.

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Recent Performance Overview

Cargojet Inc's stock has seen a decline of 1.06% in the last trading session, closing at CA$81.94. This drop follows a period of fluctuating performance, raising questions about the company's ability to maintain investor confidence. With a P/E ratio of 33.8, the stock may appear overvalued, especially considering its modest profit margin of 3.64%. For more insights on Cargojet's financials, visit our CJT.TO stock page.

Market Sentiment and Future Outlook

The recent decline in Cargojet's stock price could reflect broader market sentiment and investor concerns about the company's growth trajectory. Despite a reported 1.9% year-over-year revenue increase in Q1 2026, the stock's performance suggests that investors are wary of potential headwinds. As the company continues to navigate a competitive landscape, it will be crucial for Cargojet to demonstrate sustained growth to regain market confidence. For further details, check out our analysis on Cargojet's latest earnings.

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: June 19, 2026
Last Updated: June 19, 2026

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