Cargojet Inc. (TSE:CJT - Free Report) - Atb Cap Markets increased their Q1 2025 earnings per share estimates for Cargojet in a report released on Tuesday, February 18th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings of $1.11 per share for the quarter, up from their prior forecast of $0.84. The consensus estimate for Cargojet's current full-year earnings is $5.89 per share. Atb Cap Markets also issued estimates for Cargojet's Q2 2025 earnings at $1.13 EPS, Q3 2025 earnings at $1.81 EPS, Q4 2025 earnings at $1.71 EPS, FY2025 earnings at $5.76 EPS, Q3 2026 earnings at $2.00 EPS, Q4 2026 earnings at $2.13 EPS and FY2026 earnings at $6.74 EPS.
A number of other analysts have also recently weighed in on the company. National Bankshares lowered their price target on Cargojet from C$158.00 to C$151.00 and set an "outperform" rating on the stock in a research report on Thursday, January 30th. Scotiabank decreased their target price on Cargojet from C$170.00 to C$165.00 in a report on Wednesday. Canaccord Genuity Group upped their price target on Cargojet from C$160.00 to C$165.00 in a research note on Wednesday, November 6th. CIBC cut their price target on Cargojet from C$177.00 to C$163.00 in a research note on Wednesday. Finally, Cormark cut their price target on Cargojet from C$140.00 to C$120.00 in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Cargojet currently has a consensus rating of "Moderate Buy" and an average price target of C$158.45.
View Our Latest Analysis on CJT
CJT opened at C$105.08 on Friday. The stock has a market cap of C$1.68 billion, a PE ratio of 737.46 and a beta of 0.91. The company has a current ratio of 0.56, a quick ratio of 0.79 and a debt-to-equity ratio of 98.69. Cargojet has a 1 year low of C$100.01 and a 1 year high of C$144.97. The stock's 50 day simple moving average is C$112.76 and its 200-day simple moving average is C$123.05.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, March 20th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.33%. Cargojet's payout ratio is presently 982.53%.
Cargojet Inc operates a domestic air cargo co-load network between sixteen major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany; and between Canada and Mexico.
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