CJT-T
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.
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.
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)
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)
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.
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.
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.
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)
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)
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.
They struck a deal with Amazon, who will continue to outsource their deliveries within Canada. It has a 23% upside. (Analysts’ price target is $115.40)
They struck a deal with Amazon, who will continue to outsource their deliveries within Canada. It has a 23% upside. (Analysts’ price target is $115.40)
It had an uptrend this year, especially after the Amazon deal, but has recently pulled back. We could see further weakness. Seasonality begins later in October.
It had an uptrend this year, especially after the Amazon deal, but has recently pulled back. We could see further weakness. Seasonality begins later in October.
Wait. Don't go near this now. Sure, they enjoyed a huge pop after their Amazon deal. CJT has a near monopoly on overnight air freight in Canada. Their CEO took some money off the table. It's slightly cyclical and risks more competition in the future.
CJT vs. CHR CHR pays a 6% yield. They are diversifying their business. The stock recently dropped. CJT has better growth. 100 million+ packages are delivered a day. Buy each 50/50. One pays a dividend, one offers growth.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 11
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 15
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
In the last year, 15 stock analysts published opinions about CJT-T. 11 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is WEAK BUY. Read the latest stock experts' ratings for Cargojet Inc.
Cargojet Inc was recommended as a Top Pick by Zachary Curry on 2020-04-16. Read the latest stock experts ratings for Cargojet Inc.
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.
15 stock analysts on Stockchase covered Cargojet Inc In the last year. It is a trending stock that is worth watching.
On 2020-07-10, Cargojet Inc (CJT-T) stock closed at a price of $162.9.
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.