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Investor Insights

This summary was created by AI, based on 15 opinions in the last 12 months.

Cargojet Inc (CJT) has faced significant challenges recently, with a marked decline in share price since late 2021. Experts note the company's heavy investments in capital expenditures during a cyclical downturn in the industry have strained profitability and cash flow in FY2023. However, there are signs of recovery as CJT reduces capex, sells assets to pay down debt, and engages in share repurchases. Opinions vary, with some analysts expressing optimism about potential growth in the coming years driven by the e-commerce boom, while others caution about its current valuation and economic sensitivity. The stock trades at a higher earnings multiple compared to industry peers but possesses a solid market position, especially with its recent contracts and partnerships, hinting at a positive long-term outlook amid near-term volatility.

Consensus
Mixed
Valuation
Fair Value
Similar
TIF International,TFII-T
BUY ON WEAKNESS

It had a big downtrend from late 2021 to late 2023. Like the rails, this has come off sharply of late. There's likely more downside coming. If the stock breaks above the August low around $115, you can add more. Now, we'll likely see a bounce to that $115 resistance, but doubt this will rise above that. 

Transportation & Environmental Services
BUY ON WEAKNESS
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

The Chairman of CJT was appointed to the Order of Canada, but there has been no company news. The stock is down 14% YTD. Growth has slowed a bit but a decent recovery is expected in 2025. It is economically sensitive, and the economy needs to comply here. It is small and a bit leveraged, which adds to risks. At 21X earnings we would consider it OK, but not hugely compelling right now. 
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Transportation & Environmental Services
WEAK BUY

Fast grower, expanding fleet. Market got concerned about impact of that on balance sheet. Cost discipline is driving free cashflow and buybacks. Valuation lower than peers. Business moat. Balance sheet is fine. Trades at 20x for a 14% growth rate, so not a slam-dunk on price to growth. Own some here.

Transportation & Environmental Services
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

CJT was under tremendous pressure in FY2023 as the industry experienced a cyclical downturn while CJT invested heavily in capital expenditures. CJT’s profitability and cash flow were significantly affected in FY2023, which was reflected in its share price. That being said, the company has started to show signs of a turnaround as CJT downsized its capex investment, sold off assets to pay down debt, and aggressively repurchased shares. Given what CJT’s management has done, we think CJT could be a solid turnaround candidate, and the company’s prospects are better now than ever before. CJT is expected to grow its topline by around 6% over the next few years. We would be comfortable holding CJT here or adding some as the company continues to execute.
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Transportation & Environmental Services
COMMENT

The street targets 27% upside, though CJT has never met the street's target. Earnings tripled in the past year, though. Interest rate cuts really helped it. but the CEO warns that geopolitical uncertainty is effecting the entire transportation industry and CJT is not impervious to serious cost increases. Scores 6/10 fundamentally. 

Transportation & Environmental Services
DON'T BUY

Likes the company (good market position), but stock is over valued. Also, capital intensive business - returns are not great. 

Transportation & Environmental Services
BUY

Better than FedEx, better growth profile. They have a deal with DHL and a deal with China. Good potential here.

Transportation & Environmental Services
BUY

Favoring industrial side of economy. Expecting strength through the rest of the year. Trend during from down to up. Expecting a share price of $160. Would recommend buying. 

Transportation & Environmental Services
TRADE

Good company, but trades aggressively. Right now, chart looks pretty bullish. If it gets through its old resistance level of around $140 from 2022, it will have other levels to try to break through.

Transportation & Environmental Services
DON'T BUY

Choppy business, considerable earnings volatility. Recent contract with Temu in e-commerce sector, improves growth profile. Profitability below industry average, more debt than he wants. 45x trailing PE, 30x forward PE, but the market only trades at 15.3x. Yield is less than 1%.

More interesting if drops to less than $100 a share.

Transportation & Environmental Services
WATCH

Moving up the rankings of RSI in Canada. One to take a look at.

Transportation & Environmental Services
DON'T BUY

Wonderful CEO. Very capital intensive, at whims of economy. He believes there's going to be a major downshift in Canadian economy, so its business is going to ebb to downside over next 18-24 months. No value here.

Transportation & Environmental Services
Unspecified

He likes the business and its dominant market position. He hasn't owned it because of its premium valuation. His favourite in the sector is TIF International (TFII-T), a trucking business which gives much higher returns and may be broken into two parts.

Transportation & Environmental Services
DON'T BUY

Still has a monopoly for overnight delivery. Bloom's off the rose as growth has slowed tremendously. Cancelled plane orders. Fairly valued now, range bound. Doesn't see catalysts for a return to former highs. Off lows, stabilized.

Transportation & Environmental Services
BUY

He feels pretty positive about the stock - it has had a nice bounce but is still cheap. E-commerce is still growing in Canada and Cargojet does all the overnight shipping. He expects higher free cash flow and lower debt.

Transportation & Environmental Services
Showing 1 to 15 of 172 entries

Cargojet Inc(CJT-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 11

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, 11 stock analysts published opinions about CJT-T. 6 analysts recommended to BUY the stock. 4 analysts 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?

11 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 2025-02-14, Cargojet Inc (CJT-T) stock closed at a price of $109.13.