TSE:CJT

Cargojet Inc (CJT.TO)

81.85
+0.29 (0.36%)
as of Jun 8, 2026, 3:33:10 pm Market Open.
341 watching
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Investor Insights
star iconJun 7, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Cargojet Inc. (CJT) has garnered mixed opinions among experts, presenting a complex outlook. While some analysts highlight its strong market position, particularly in air cargo and its dominance in Canada, concerns around tariffs and weakened demand dampen overall sentiment. The company has faced challenges post-COVID, leading to a drop in share prices, but some believe its current valuation presents a buying opportunity as fundamentals remain solid. Additionally, the lack of competition in Canada bolsters the company's long-term potential, despite short-term headwinds. Overall, as trade normalizes, many analysts expect a reacceleration in growth potential, marking CJT as an intriguing option for investors.

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Consensus
Mixed
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Valuation
Undervalued
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Similar
FRT, FR
DON'T BUY

The chart if bottoming these days after missing earnings in early March. We need to see their recent low hold for support. The chart is a downtrend since last August. The chart may signal a recession is coming.

BUY ON WEAKNESS

Would not buy at current share price.
Too much investment into the sector will depress prices.
Well run company, but saturated market.
Strong management.
If shares fall under $100, will look into buying. 

HOLD
Does not own shares. Cyclical business that is hard to predict. Pandemic benefited business, but positive impacts receding. Not a good investment going into economic downturn.
DON'T BUY
Downtrend lately given share price performance. Volatile stock that is not stable. Not a cheap valuation right now. Better investment opportunities available.
WEAK BUY
Growth drivers, like online shopping, are still in place. All retailers need to offer online shipping. As the worldwide economy continues to grow, it will do fine. Problem is it exploded during pandemic. Attractive valuation. Both competition and supply have picked up. He prefers TFII and CNR.
BUY
It has done a lot of capital expenditures. They are tethered to tech and e-commerce, eg. Amazon. They have extended their UPS contract by five years. It is at a good level to buy.
TOP PICK
It is Canada's largest air cargo carrier with 34 planes. It has locked up 90% of the overnight air freight market in Canada. Has big clients along with overseas business and e-commerce. Before it buys a plane it has the contracts to back it up. High margin, high growth, high ROC, high quality. Buy 10, Hold 2, Sell 0. (Analysts’ price target is $199.36)
HOLD
Outstanding company for the very long term. Dominant provider of air cargo in Canada. Sector under pressure with economic storm clouds, and increased capacity from more air travel and new players such as AC. Transports in general facing headwinds.
BUY ON WEAKNESS
Allan Tong’s Discover Picks So, was CJT a pandemic play, wasn’t it? Yes, it was, but the stock still has a future. Last March, the company struck a five-year deal to supply aircraft to courier DHL around the globe. In return, DHL obtained 9.5% of CJT stock. After a very mixed earnings record in the past year, CJT handily beat its last quarter at $9.12 EPS vs. an expected $1.59. (Its Q3 will deliver on Hallowe’en.) Shares have been beaten down so badly that Cargojet looks oversold. In fact, Bay Street targets $203.82 on the name. That’s a little high in my book, but there’s likely more upside here than further downside. CJT trades at a 10.53x PE, but its forward PE is 15.11x. Read Mixed bag of 3 Defensive Stocks for our full analysis.
HOLD
Benefited during pandemic as the only game in town. AC took a bit of wind out of their sails. Good company. Neutral performer, no near-term catalysts. If you have it, you can hold. He wouldn't add now.
HOLD
Underwater. Hold or sell? Hold on. Market's worried about the major expansion just as costs are rising and the economy is slowing. Growth looks intact. Ongoing trend to deliver packages. Major DHL contract.
PAST TOP PICK
(A Top Pick Jul 21/21, Down 19%) He's been buying. Plans to expand fleet annoyed some investors. 17-year track record of executing well. Mega-deal with DHL. Concerns about economic slowdown. Still well positioned, dominant market share, freight rates remain high. His top pick in the space.
TOP PICK
It has pulled back with Amazon and e-commerce cooling, but they ship 90% of packages that go overnight between Vancouver and Toronto. It's a play on the Canadian economy. They can't keep up with demand. A good entry point. Shares can double in 2-3 years if we don't see a recession. CJT is adding 4 more planes in coming years, so he likes the growth outlook. (Analysts’ price target is $236.08)
BUY
Likes it. Saw a huge move during the pandemic lows, though it's pulled back from highs. Are expanding their fleet, so investors are worried about the costs. Are efficient operators. They cut a deal with DHL. Well-positioned within transportation though more expensive that FedEx and UPS.
BUY ON WEAKNESS
For logistics exposure, look at Maersk, the biggest shipping company in the world. You can also look at FDX, CJT, or CHRW. Stocks have gone hyperbolic, and have now come back a bit. A lot of funds are selling out. Structural growth story. You make money when you buy, not when you sell. Buying on the pullback will lock in bigger gains.
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