
TSE:CJT
This summary was created by AI, based on 12 opinions in the last 12 months.
Cargojet Inc (CJT-T) is in a challenging environment, with mixed sentiments among analysts regarding its performance and prospects. While some note its solid fundamentals, solid management, and substantial market share in Canada, others highlight concerns around decreasing trucking volumes and the impact of tariffs on the business. Current valuation metrics suggest that the stock is trading cheap compared to pre-Covid levels, and experts see potential for a rebound as trade normalizes. However, volatility and deteriorating demand in the transportation sector present risks. Overall, analysts recognize the company's operational efficiency and long-term contracts but are wary of short-term performance due to current headwinds, making it a candidate for long-term investors aiming for value.
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.
Good operating momentum that will double within two years. Significant contract with Purolator that kicks in at the end of 2015 and is not factored in to the stock price. They are expanding their fleet. 3% dividend yield and will likely be bumped up next year.