Cargojet Stock Buy Hold or Sell Recommendation

CJT Stock  CAD 96.90  3.10  3.10%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Cargojet is 'Hold'. Macroaxis provides Cargojet buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Cargojet positions. The advice algorithm takes into account all of Cargojet's available fundamental, technical, and predictive indicators you will find on this site.
The advice is provided from Cargojet's buy-and-hold perspective. Check out Cargojet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Cargojet and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Cargojet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices.

Execute Cargojet Buy or Sell Advice

The Cargojet recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cargojet. Macroaxis does not own or have any residual interests in Cargojet or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cargojet's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

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Sell CargojetBuy Cargojet

Market Performance




Hype Condition


Current Valuation


Odds of Distress


Economic Sensitivity


Analyst Consensus


Reporting Quality (M-Score)

For the selected time horizon Cargojet has a Risk Adjusted Performance of (0.12), Jensen Alpha of (0.23), Total Risk Alpha of (0.23) and Treynor Ratio of (0.25)
Macroaxis provides advice on Cargojet to complement and cross-verify current analyst consensus on Cargojet. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Cargojet is not overpriced, please confirm all Cargojet fundamentals, including its total debt, number of employees, and the relationship between the ebitda and cash flow from operations .

Cargojet Trading Alerts and Improvement Suggestions

Cargojet generated a negative expected return over the last 90 days
The company has accumulated 675.6 M in total debt with debt to equity ratio (D/E) of 2.72, implying the company greatly relies on financing operations through barrowing. Cargojet has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cargojet until it has trouble settling it off, either with new capital or with free cash flow. So, Cargojet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cargojet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cargojet to invest in growth at high rates of return. When we think about Cargojet's use of debt, we should always consider it together with cash and equity.
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Cargojet Returns Distribution Density

The distribution of Cargojet's historical returns is an attempt to chart the uncertainty of Cargojet's future price movements. The chart of the probability distribution of Cargojet stock daily returns describes the distribution of returns around its average expected value. We use Cargojet price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cargojet returns is essential to provide solid investment advice for Cargojet.
Mean Return-0.22Value At Risk-3.08
Potential Upside2.02Standard Deviation1.60
   Return Density   
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cargojet historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Cargojet Cash Flow Accounts

201820192020202120222023 (projected)
Net Cash Flow from Financing68.7 M74.8 M(162.8 M)126.4 M113.76 M122.74 M
Net Cash Flow from Investing(172 M)(217.2 M)(127.7 M)(280.4 M)(322.46 M)(330.95 M)
Net Cash Flow from Operations91.3 M151 M292.6 M245 M220.5 M237.91 M

Cargojet Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cargojet or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cargojet's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cargojet stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Alpha over NYSE Composite
Beta against NYSE Composite0.92
Overall volatility
Information ratio -0.14

Cargojet Volatility Alert

Cargojet exhibits very low volatility with skewness of 0.09 and kurtosis of 0.13. However, we advise investors to further study Cargojet technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cargojet's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cargojet's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Cargojet Fundamentals Vs Peers

Comparing Cargojet's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cargojet's direct or indirect competition across all of the common fundamentals between Cargojet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cargojet or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cargojet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cargojet by comparing valuation metrics with those of similar companies.
 Better Than Average     
 Worse Than Average Compare Cargojet to competition
FundamentalsCargojetPeer Average
Return On Equity0.38 %(0.31) %
Return On Asset0.05 %(0.14) %
Profit Margin0.28 %(1.27) %
Operating Margin0.16 %(5.51) %
Current Valuation2.79 B16.62 B
Shares Outstanding17.21 M571.82 M
Shares Owned by Insiders2.65 %10.09 %
Shares Owned by Institutions47.60 %39.21 %
Number of Shares Shorted328.31 K4.71 M
Price to Earning226.44 X28.72 X
Price to Book2.63 X9.51 X
Price to Sales2.26 X11.42 X
Revenue979.9 M9.43 B
Gross Profit247.5 M27.38 B
EBITDA407.3 M3.9 B
Net Income190.6 M570.98 M
Cash and Equivalents1.4 M2.7 B
Cash per Share0.09 X5.01 X
Total Debt675.6 M5.32 B
Debt to Equity2.72 %48.70 %
Current Ratio0.66 X2.16 X
Book Value Per Share49.82 X1.93 K
Cash Flow from Operations282.5 M971.22 M
Short Ratio7.63 X4.00 X
Earnings Per Share15.08 X3.12 X
Target Price151.25
Number of Employees1.77 K18.84 K
Market Capitalization1.72 B19.03 B
Total Asset1.99 B29.47 B
Retained Earnings179.9 M9.33 B
Working Capital(34.4 M)1.48 B
Current Asset40.52 M9.34 B

About Cargojet Buy or Sell Advice

When is the right time to buy or sell Cargojet? Buying financial instruments such as Cargojet Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2020 2021 2022 2023 (projected)
Receivables41.3 M75.2 M67.68 M73.02 M
Inventories1.5 M2.2 M1.98 M2.14 M

Use Investing Ideas to Build Portfolios

In addition to having Cargojet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Commodities Thematic Idea Now

Commodities Theme
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Commodities Theme or any other thematic opportunities.
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Check out Cargojet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Please note, there is a significant difference between Cargojet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cargojet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cargojet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.