TSE:CJT

Cargojet Inc (CJT.TO)

81.54
-0.02 (0.02%)
as of Jun 8, 2026, 7:35:06 pm Market Open.
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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
PAST TOP PICK

(A Top Pick Sep 30/19, Up 88%) The increased volume from e-commerce has been significant. Air Canada flying less also offers further opportunities for Cargojet. To deliver vaccines to other countries also will increase demand. There is further upside for the company.

BUY
He's long owned this, his biggest position. CJT exposes him to the e-commerce trend and has enjoyed super numbers in recent quarters with phenomenal growth. People are more comfortable buying online. There's a 95% chance that they deliver your package by plane across Canada. He would buy this for long-term investors. He'd buy during this pullback.
COMMENT
It has won the battle with e-commerce and management has done a terrific job. They are at capacity and they are doing great. Things will probably cool down at one point, but it should continue to do well.
WEAK BUY

Its relationship with Amazon is really quite good. He is concerned with the valuation, however. There is always the question of whether AMZN-Q goes out and does it themselves. There is the risk of re-negotiation. They are benefiting from these troubled times, however.

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
Then, there's Cargojet, which delivers for Canada Post. Another plus is that Amazon bought a small stake in the company. It's a play on e-commerce, and it's no secret that consumers are buying more online during this lockdown. Since March 23, the stock has zoomed 50%. Both airline stocks were oversold and now they're coming back. Is there more upside? I think so, though Cargojet is only 10% shy of its 52-week high.
HOLD

He likes the company. However, if you stumble at these valuations the market will punish you. When they reported earnings this week it was impacted negatively. As there is a move towards one-day shipping, they are well positioned. There is no threat of Amazon coming to Canada to take them on directly -- they actually bought into the company.

TOP PICK

A play on e-commerce. It is not cheap, but he likes that Amazon is a minority shareholder and they hold a contract with Canada Post offering same day delivery. They have hired more pilots, which hurt their financial position last year, but they are seeing revenues exploding now. Yield 0.81% (Analysts’ price target is $117.50)

TOP PICK
They deliver time-sensitive packages by plane. Likes it, and has been adding to it. But it can be a little volatile, so it is a shorter-term trade. It's had a great run-up in the past year. Wait for a pullback to $100. (Analysts’ price target is $117.50)
TOP PICK
Amazon had a record holiday season, which bodes well for CJT when they make a lot of their money in this quarter. Their relationship with Amazon will grow over time. CJT is the perfect proxy for e-commerce in Canada. It's a fine long-term buy even at $100. (Analysts’ price target is $115.91)
SHORT
They did that big announcement of the partnership with AMZN-Q. The stock popped and the insiders sold. He is short the stock. It is expensive here. It is a very expensive stock for what they do.
BUY

He meets the managers every six months. He likes them and would buy them. A breakthrough is how they increase their utilization rates on existing fleets by getting new customers, contracts and routes. That's smart. They've done an excellent job using their existing planes; new planes are very expensive and cuts into free cash flow. They will benefit from their Amazon deal over time, delivering Amazon product.

BUY ON WEAKNESS
Derivative play on e-commerce. Managing themselves extremely well. Continue to add flights and routes. Good entry point. Things are moving in the economy and about to get really good, and this is a great buy.
BUY ON WEAKNESS

It's had a decent year and it well-positioned. It's too rich to enter now, so wait for a pullback. There's still debate over how Amazon's shipping plans will effect the transport sector; shipping is very expensive for Amazon.

TOP PICK

They recently did a deal with AMZN-Q. This is overnight eCommerce packages to 14 different cities in Canada. This is the cleanest way to play eCommerce in Canada. Margins are close to 30% and they did a good job of expanding their fleet. AMZN-Q will be a shareholder. (Analysts’ price target is $114.91)

BUY ON WEAKNESS

A great performer in the past 4 years. They have executed well, and Amazon partnered with them. CJT will be involved in Amazon's one-day shipping. They have good growth ahead of them. Buy on a pullback.

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