Buy, Sell or Hold: Cargojet Inc (CJT-T) — Stock Predictions at Stockchase

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TSE:CJT

146.11

1.11 (0.77%) 1d

Showing 1 to 15 of 130 entries

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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)

Transportation & Environmental Services

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.

Transportation & Environmental Services

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.

Transportation & Environmental Services

BUY on WEAKNESS

His hangup on the stock has always been the threat of competition. Their setup is unique. Offers something to the market that's difficult for competitors to provide in terms of air freight logistics. Valuation of 24x forward earnings makes him hesitant. Consider on a pullback.

Transportation & Environmental Services

COMMENT

It boomed during Covid since CJT is in the delivery business. The stock rose too far, really. Even today, the 12-month PE is around 60x. Not interested in it. People may be returning to stores to buy things, and delivery of goods could be done using cheaper forms. CJT is well run, though. He's neutral on CJT.

Transportation & Environmental Services

BUY on WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no news and no material reasons for the downward pressure in the past few weeks. Growth stocks are shifting and the decline is probably largely market-related. Would be very attractive near $155. Unlock Premium - Try 5i Free

Transportation & Environmental Services

BUY on WEAKNESS

He is following it carefully. It was a monopoly and the pandemic has been good for them, but competition is coming and they have had to buy more planes. Labour costs will also have to rise and there is a shortage of pilots. They are looking at it at $160. Long term a good business, but you want to wait for the right price.

Transportation & Environmental Services

WAIT

Still a tough call. Investors are concerned about the capacity that has been added. The company talks of filling that capacity as the new COVID variant adds demand to cargo only carriers. However, investors seem to be taking a wait and see approach.

Transportation & Environmental Services

BUY

Frustrating, especially over the last month. May be algorithmic or tax-loss selling going on. Compared to pre-pandemic, 50-60% ahead in terms of EBITDA, margins are higher, capacity expanded by buying more planes. Valuation is lower. Concerns that planes are expensive. Proven ability to utilize planes. Labour costs, but that's commensurate with revenue growth from e-commerce. Tremendous value, especially for long-term shareholders. (Analysts’ price target is $250.00)

Transportation & Environmental Services

PAST TOP PICK

(A Top Pick Dec 03/20, Down 16%) Got stopped out. Some internet retail came off the boil. Competition from AC. Transports as a group look interesting, and that's what he'd focus on now.

Transportation & Environmental Services

BUY

The company is doing very well. It has come off recently and is testing trend line support levels. This would not be a bad time to add some to the portfolio. It can probably ride out a correction in the general markets better than others.

Transportation & Environmental Services

HOLD

Air Freight. They benefited from the pandemic. It is more of a balanced market now. Now there are headwinds in terms of fuel prices. The CEO sold a pretty large stake about 8-9 months ago about this price. There is flat-lining of the growth trend. It may take 6-9 months to know where this is going.

Transportation & Environmental Services

BUY

Sold in January 2021, and stock has consolidated since then. Transport group is making a turn. Now trading above long-term averages, so it's pretty well set up. Great franchise. Comfortable owning here.

Transportation & Environmental Services

BUY on WEAKNESS

It is a really great company. The stock got very expensive and came down somewhat. They are considering expanding south of the border. He would consider buying it at a lower price.

Transportation & Environmental Services

TOP PICK

E-commerce boom has not ended. Great year last year. Move toward next day delivery also benefiting them. Likes the setup in Canada. Bought more planes to take advantage of international opportunities. Demand for cargo capacity is up 20% from pre-pandemic, but supply is down 10%. Compelling valuation. Yield is 0.50%. (Analysts’ price target is $251.67)

Transportation & Environmental Services

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Cargojet Inc(CJT-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 16

Stockchase rating for Cargojet Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cargojet Inc(CJT-T) Frequently Asked Questions

What is Cargojet Inc stock symbol?

Cargojet Inc is a Canadian stock, trading under the symbol CJT-T on the Toronto Stock Exchange (CJT-CT). It is usually referred to as TSX:CJT or CJT-T

Is Cargojet Inc a buy or a sell?

In the last year, 16 stock analysts published opinions about CJT-T. 13 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cargojet Inc.

Is Cargojet Inc a good investment or a top pick?

Cargojet Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Cargojet Inc.

Why is Cargojet Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cargojet Inc worth watching?

16 stock analysts on Stockchase covered Cargojet Inc In the last year. It is a trending stock that is worth watching.

What is Cargojet Inc stock price?

On 2022-05-25, Cargojet Inc (CJT-T) stock closed at a price of $146.11.

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