
TSE:CJT
This summary was created by AI, based on 12 opinions in the last 12 months.
Cargojet Inc (CJT-T) is experiencing a mixed bag of expert opinions as it navigates the challenges posed by a post-COVID environment and current economic conditions. Many experts note the potential value in the stock, given its low trading multiples around 6.5x to 15x forward operating cash flow, indicating it may be undervalued compared to pre-COVID levels. However, concerns about cyclicality, tariffs, and weakened demand in the trucking and transportation sectors have created headwinds, prompting some experts to be cautious. Despite these challenges, there are indications of a potential recovery, with expectations of reacceleration in growth as trade normalizes. Overall, CJT presents a unique opportunity for patient investors looking for long-term potential amidst current market volatility.
At least 50% of all air cargo in Canada has to go on Canadian owned airlines. This one has done pretty well over the last year. FedEx, UPS and Transforce are their big clients and they are expanding into Eastern Canada. They might get the Canada Post contract, which is worth $35 million. 5% dividend yield. Fairly solid balance sheet. $12-$13 over the next year is a reasonable figure.