Cargojet Stock Analysis

CJT Stock  CAD 92.72  3.54  3.68%   
The main objective of Cargojet stock analysis is to determine its intrinsic value, which is an estimate of what Cargojet is worth, separate from its market price. There are two main types of Cargojet's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cargojet's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cargojet's stock to identify patterns and trends that may indicate its future price movements.
The Cargojet stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Cargojet is usually not traded on Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day. Cargojet Stock trading window is adjusted to America/Toronto timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Cargojet's ongoing operational relationships across important fundamental and technical indicators.
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.

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

Cargojet Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cargojet's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cargojet or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cargojet generated a negative expected return over the last 90 days
The company has accumulated 707 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.

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

Cargojet's profitability indicators refer to fundamental financial ratios that showcase Cargojet's ability to generate income relative to its revenue or operating costs. If, let's say, Cargojet is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cargojet's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cargojet's profitability requires more research than a typical breakdown of Cargojet's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
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.
Last ReportedProjected for 2023
Return on Investment 23.32  25.16 
Return on Average Assets 11.10  11.98 
Return on Average Equity 35.38  38.17 

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

Execute Study
The output start index for this execution was fifty-eight with a total number of output elements of three. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cargojet middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cargojet. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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.

About Cargojet Stock Analysis

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.
Last ReportedProjected for 2023
Operating Margin 28.05  30.26 
EBITDA Margin 41.34  44.61 
Gross Margin 27.42  23.76 
Profit Margin 19.88  21.45 

Current Cargojet Analysis - Recommendations

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.
Target PriceAdvice# of Analysts
Cargojet current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cargojet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cargojet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cargojet, talking to its executives and customers, or listening to Cargojet conference calls.
Cargojet Analyst Advice Details

Cargojet Stock Analysis Indicators

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.
Begin Period Cash Flow94.7 M
Long Term Debt618 M
Common Stock Shares Outstanding20.3 M
Total Stockholder Equity831.5 M
Total Cashflows From Investing Activities-615.1 M
Tax Provision29.4 M
Quarterly Earnings Growth Y O Y-0.796
Property Plant And Equipment Net1.6 B
Cash And Short Term Investments6.1 M
Cash6.1 M
Accounts Payable100.4 M
Net Debt700.9 M
50 Day M A96.9192
Total Current Liabilities150.5 M
Other Operating Expenses807.4 M
Non Current Assets Total1.9 B
Forward Price Earnings17.9533
Non Currrent Assets Other165.8 M
Stock Based Compensation-5.8 M
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.

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
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.