CJT-T
Billy Kawasaki’s Insights - Picks from 5i Research. The company has profited from the pandemic and increased e-commerce. It is currently quite expensive and has debt, but it could be a good play for investors with high risk tolerance. EPS is expected to double next year, which should mitigate some risk from the debt which is currently 2x cash flow. Unlock Premium - Try 5i Free
(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.
(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.
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.
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.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 10
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 14
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, 14 stock analysts published opinions about CJT-T. 10 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Cargojet Inc.
Cargojet Inc was recommended as a Top Pick by Stockchase Insights on 2020-09-16. 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.
14 stock analysts on Stockchase covered Cargojet Inc In the last year. It is a trending stock that is worth watching.
On 2020-09-22, Cargojet Inc (CJT-T) stock closed at a price of $191.82.
Billy Kawasaki’s Insights - Picks from 5i Research. The company has profited from the pandemic and increased e-commerce. It is currently quite expensive and has debt, but it could be a good play for investors with high risk tolerance. EPS is expected to double next year, which should mitigate some risk from the debt which is currently 2x cash flow. Unlock Premium - Try 5i Free