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Cargojet Inc

CJT-T

TSE:CJT

187.56
3.12 (1.64%)
Cargojet Inc. is a scheduled cargo airline based in Mississauga, Ontario, Canada. It operates cargo services in Canada and internationally, as well as full aircraft charters. Its main base is John C Munro Hamilton International Airport.
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Analysis and Opinions about CJT-T

Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
July 21, 2021

Let's be clear. This is not an airline pick. It's air cargo. Dominant in Canada. Extended contract with AMZN. Stock's sold off, as investors have moved to the reopening trade. But the boom in e-commerce that resulted from Covid is here to stay. Selloff unwarranted, now at a more attractive valuation. A long-term hold. Yield is 0.57%. (Analysts’ price target is $257.83)

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Cargojet Inc (CJT-T)
July 21, 2021

Let's be clear. This is not an airline pick. It's air cargo. Dominant in Canada. Extended contract with AMZN. Stock's sold off, as investors have moved to the reopening trade. But the boom in e-commerce that resulted from Covid is here to stay. Selloff unwarranted, now at a more attractive valuation. A long-term hold. Yield is 0.57%. (Analysts’ price target is $257.83)

Varun Anand
Price
$181.000
Owned
Yes
DON'T BUY
DON'T BUY
July 20, 2021
They did extremely well during the pandemic and expanded a lot, but they have yet to make any earnings. So, their PE is very high. On price/book, they trade around 5x. As a value investor, to him CJT's valuation looks extreme.
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Cargojet Inc (CJT-T)
July 20, 2021
They did extremely well during the pandemic and expanded a lot, but they have yet to make any earnings. So, their PE is very high. On price/book, they trade around 5x. As a value investor, to him CJT's valuation looks extreme.
Michael Sprung
Price
$180.270
Owned
No
HOLD
HOLD
June 23, 2021
Don't look at the PE for a company like this. Great business, the pipeline in the sky. More competition is coming. Really good company. Not a cheap valuation. Hold, but keep an eye on the competitive landscape as the industry grows.
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Cargojet Inc (CJT-T)
June 23, 2021
Don't look at the PE for a company like this. Great business, the pipeline in the sky. More competition is coming. Really good company. Not a cheap valuation. Hold, but keep an eye on the competitive landscape as the industry grows.
BUY
BUY
June 23, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Strong growth is expected in the future and the balance sheet is improving rapidly. The stock may be oversold. Although it may still be cyclical, the company has transitioned. Good for a medium term hold. Quite cheap compared to potential earnings growth. Unlock Premium - Try 5i Free

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Cargojet Inc (CJT-T)
June 23, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Strong growth is expected in the future and the balance sheet is improving rapidly. The stock may be oversold. Although it may still be cyclical, the company has transitioned. Good for a medium term hold. Quite cheap compared to potential earnings growth. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$177.920
Owned
_N/A
BUY
BUY
June 9, 2021
A great business. Outperformed the last 5 years. Great balance sheet, so they can explore global growth opportunities. E-commerce is still just scratching the surface on the retail side. Dominant market share in Canada at 90%. Excellent time to buy.
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Cargojet Inc (CJT-T)
June 9, 2021
A great business. Outperformed the last 5 years. Great balance sheet, so they can explore global growth opportunities. E-commerce is still just scratching the surface on the retail side. Dominant market share in Canada at 90%. Excellent time to buy.
James Telfser
Price
$179.000
Owned
Yes
COMMENT
COMMENT
May 17, 2021

MX-T vs. CJT-T vs. Canadian Banks. MX-T is very tied to commodity prices. CJT-T enjoyed a surge in business due to the pandemic so probably due for a bit of a breather. He would prefer the Canadian banks, such as RY-T, TD-T and NA-T.

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Cargojet Inc (CJT-T)
May 17, 2021

MX-T vs. CJT-T vs. Canadian Banks. MX-T is very tied to commodity prices. CJT-T enjoyed a surge in business due to the pandemic so probably due for a bit of a breather. He would prefer the Canadian banks, such as RY-T, TD-T and NA-T.

Teal Linde
Price
$181.640
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
April 30, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The CFO is retiring in a month and markets reacted negatively. A big overreaction but the markets also saw some volatility in general. Would be okay buying into the weakness. Unlock Premium - Try 5i Free

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Cargojet Inc (CJT-T)
April 30, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The CFO is retiring in a month and markets reacted negatively. A big overreaction but the markets also saw some volatility in general. Would be okay buying into the weakness. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$180.990
Owned
_N/A
TOP PICK
TOP PICK
April 27, 2021

Very well-postioned in Canada given their dominant market share to benefit from continued e-commerce boom. E-commerce is here to stay no matter what happens with the reopening. CJT also is positioned internationally after signing a deal with Amazon. Today, UPS reported super numbers that is lifting CJT shares too. Air cargo rates and volumes continue to rise. The pullback now is a buying opportunity. Yes, Air Canada is getting into cargo, but there's enough of the transport pie to slice. (Analysts’ price target is $259.00)

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Cargojet Inc (CJT-T)
April 27, 2021

Very well-postioned in Canada given their dominant market share to benefit from continued e-commerce boom. E-commerce is here to stay no matter what happens with the reopening. CJT also is positioned internationally after signing a deal with Amazon. Today, UPS reported super numbers that is lifting CJT shares too. Air cargo rates and volumes continue to rise. The pullback now is a buying opportunity. Yes, Air Canada is getting into cargo, but there's enough of the transport pie to slice. (Analysts’ price target is $259.00)

Varun Anand
Price
$186.700
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 8, 2021
(A Top Pick Jan 12/21, Down 20%) Still really likes it. Almost a monopoly on the cargo space. Relationship with Amazon. Huge benefit from e-commerce. High margins. Geographic expansion spooked the market. Tremendous upside.
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Cargojet Inc (CJT-T)
April 8, 2021
(A Top Pick Jan 12/21, Down 20%) Still really likes it. Almost a monopoly on the cargo space. Relationship with Amazon. Huge benefit from e-commerce. High margins. Geographic expansion spooked the market. Tremendous upside.
Paul Gardner, CFA
Price
$171.970
Owned
Yes
WATCH
WATCH
March 8, 2021
It has done very well because of the pandemic. He is looking at their history of return on capital. Until the last two years their return as been 4-10%, which is not exceptional. They are on his watch list.
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Cargojet Inc (CJT-T)
March 8, 2021
It has done very well because of the pandemic. He is looking at their history of return on capital. Until the last two years their return as been 4-10%, which is not exceptional. They are on his watch list.
HOLD
HOLD
March 2, 2021

Yesterday's sell-off He owns Amazon instead, CJT's customer. Air delivery is growing as retail grows online. This business is solid, though there may be more competition as the airlines resume flying. The Canadian economy will grow as will e-commerce, so this is good to hold long-term.

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Cargojet Inc (CJT-T)
March 2, 2021

Yesterday's sell-off He owns Amazon instead, CJT's customer. Air delivery is growing as retail grows online. This business is solid, though there may be more competition as the airlines resume flying. The Canadian economy will grow as will e-commerce, so this is good to hold long-term.

Bruce Murray
Price
$173.535
Owned
No
HOLD
HOLD
March 1, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat street estimates by 4.5% at $187M but the reported loss was much worse than expected. Debt reduced by $63M and cash flow was good. However, the miss led to quick profit taking since the stock is up 84%. The thesis remains the same and 5i remains comfortable with the name. Unlock Premium - Try 5i Free

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Cargojet Inc (CJT-T)
March 1, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenues beat street estimates by 4.5% at $187M but the reported loss was much worse than expected. Debt reduced by $63M and cash flow was good. However, the miss led to quick profit taking since the stock is up 84%. The thesis remains the same and 5i remains comfortable with the name. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$175.450
Owned
_N/A
PARTIAL SELL
PARTIAL SELL
February 23, 2021
He's lucky to have owned this for a long time. A super e-commerce play for him. They have a monopoly in the skies as they move parcels across Canada. Business is booming. E-commerce won't change, but he expects more competition to come here. If this has become outgrown in your portfolio, take some profits. An entry point is to buy on dips.
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Cargojet Inc (CJT-T)
February 23, 2021
He's lucky to have owned this for a long time. A super e-commerce play for him. They have a monopoly in the skies as they move parcels across Canada. Business is booming. E-commerce won't change, but he expects more competition to come here. If this has become outgrown in your portfolio, take some profits. An entry point is to buy on dips.
Robert Lauzon
Price
$188.000
Owned
Yes
BUY
BUY
February 22, 2021
They had a big benefit from COVID. They should continue to benefit following COVID. A lot of clients that relied on passenger planes had to move to CJT-T and will stay with them.
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Cargojet Inc (CJT-T)
February 22, 2021
They had a big benefit from COVID. They should continue to benefit following COVID. A lot of clients that relied on passenger planes had to move to CJT-T and will stay with them.
Jennifer Radman
Price
$200.520
Owned
Yes
BUY
BUY
February 4, 2021
Dominant market share. Leveraged to the boom in e-commerce. Equity raise will be used to expand their fleet. In past, they've fulfilled capacity quite quickly which generates profit quickly.
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Cargojet Inc (CJT-T)
February 4, 2021
Dominant market share. Leveraged to the boom in e-commerce. Equity raise will be used to expand their fleet. In past, they've fulfilled capacity quite quickly which generates profit quickly.
Varun Anand
Price
$216.270
Owned
Unknown
Showing 1 to 15 of 114 entries

Cargojet Inc(CJT-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 28

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, 28 stock analysts published opinions about CJT-T. 16 analysts recommended to BUY the stock. 6 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Varun Anand on 2021-07-21. 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?

28 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 2021-08-04, Cargojet Inc (CJT-T) stock closed at a price of $187.56.