Cargojet Stock Analysis

Cargojet Stock Analysis Notes

About 50.0% of the company shares are held by institutions such as insurance companies. The book value of Cargojet was currently reported as 51.35. The company has Price/Earnings (P/E) ratio of 226.44. Cargojet recorded earning per share (EPS) of 7.92. The entity last dividend was issued on the 19th of September 2023. Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Cargojet Inc. is headquartered in Mississauga, Canada.Cargojet Inc. operates as a subsidiary of Flagship International Marketing Limited. CARGOJET INC operates under Integrated Freight Logistics classification in Canada and is traded on Toronto Stock Exchange. It employs 1182 people. For more info on Cargojet please contact Ajay Virmani at 905 501 7373 or go to https://www.cargojet.com.

Cargojet Investment Alerts

Cargojet Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cargojet's market, we take the total number of its shares issued and multiply it by Cargojet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cargojet Profitablity

The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.

Technical Drivers

As of the 22nd of September, Cargojet shows the Standard Deviation of 1.8, mean deviation of 1.34, and Risk Adjusted Performance of (0.010314). Cargojet technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Cargojet, which can be compared to its rivals. Please confirm Cargojet information ratio and potential upside to decide if Cargojet is priced correctly, providing market reflects its regular price of 92.72 per share.

Cargojet Price Movement Analysis

Cargojet Technical and Predictive Indicators

Cargojet Forecast Models

Cargojet's time-series forecasting models are one of many Cargojet's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cargojet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cargojet prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cargojet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cargojet. By using and applying Cargojet Stock analysis, traders can create a robust methodology for identifying Cargojet entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cargojet analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cargojet analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Cargojet stock analysis indicators help investors evaluate how Cargojet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cargojet shares will generate the highest return on investment. By understating and applying Cargojet stock analysis, traders can identify Cargojet position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cargojet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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.