Cargojet Stock Target Price and Analyst Consensus

CJT Stock

CAD 96.90 3.10 3.10%

The current analyst and expert consensus on Cargojet is Buy, with 4 strong buy opinions. The current projected Cargojet target price consensus is 68.22 with 0 analyst opinions. The most common way Cargojet analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cargojet executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Cargojet. We strongly encourage you to use your own analysis of Cargojet to validate this buy or sell advice. Cargojet buy-or-sell recommendation module provides average expert sentiment on the projected Cargojet target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Cargojet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

As of 10th of June 2023, Profit Margin is likely to grow to 21.45. Cargojet Shareholders Equity Attributable to Parent is very stable at the moment as compared to the past year. Cargojet reported last year Shareholders Equity Attributable to Parent of 608.76 Million. As of 10th of June 2023, Total Liabilities is likely to grow to about 789.9 M, while Current Liabilities is likely to drop about 74.4 M.

Cargojet Analyst Ratings

Cargojet's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Cargojet stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Cargojet's financials, market performance, and future outlook by experienced professionals. Cargojet's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cargojet price targets

Cargojet's stock target price is an estimate of its future price, usually made by analysts. Using Cargojet's target price to determine if it is a suitable investment can be done through the following steps:

Look at Cargojet's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
Look at the company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cargojet's stock is likely to perform well.
Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.

Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cargojet Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cargojet is a key component of Cargojet valuation and have some predictive power on the future returns of a Cargojet.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cargojet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Cargojet in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
95.49	97.07	98.65

Details

Intrinsic

Valuation

Low	Real	High
68.87	70.45	106.59

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cargojet. Your research has to be compared to or analyzed against Cargojet's peers to derive any actionable benefits. When done correctly, Cargojet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Cargojet.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

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Check out Macroaxis Advice on Cargojet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Cargojet Stock analysis

When running Cargojet's price analysis, check to measure Cargojet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cargojet is operating at the current time. Most of Cargojet's value examination focuses on studying past and present price action to predict the probability of Cargojet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cargojet's price. Additionally, you may evaluate how the addition of Cargojet to your portfolios can decrease your overall portfolio volatility.

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The data published in Cargojet's official financial statements usually reflect Cargojet's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cargojet. For example, before you start analyzing numbers published by Cargojet accountants, it's critical to develop an understanding of what Cargojet's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.

Please note, the presentation of Cargojet's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cargojet's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cargojet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cargojet. Please utilize our Beneish M Score to check the likelihood of Cargojet's management manipulating its earnings.

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Cargojet Stock Target Price and Analyst Consensus

Cargojet Analyst Ratings

Analyst Consensus Breakdown

Average Consensus Estimates

Steps to utilize Cargojet price targets

Additional Cargojet Value Projection Modules

Trending Themes

Complementary Tools for Cargojet Stock analysis

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