Cargojet stock analysis
Cargojet (CGJTF) Stock Price & Analysis
CGJTF Stock Chart & Stats
- Day’s Range
- $67.66 - $68.07
- 52-Week Range
- $50.54 - $73.11
- Previous Close
- $67.70
- Volume
- N/A
- Average Volume (3M)
- 8,372
- Market Cap
- $1.01B
- Enterprise Value
- $2.13B
- Total Cash (Recent Filing)
- $4.00M
- Total Debt (Recent Filing)
- $875.80M
- Price to Earnings (P/E)
- 31.9
- Beta
- 1.20
- Next Earnings
- Mar 01, 2027 (Est.)
- EPS Estimate
- 1.04
- Last Dividend Ex-Date
- Sep 18, 2026
- Dividend Yield
- 1.59%
Bulls Say, Bears Say
Bulls Say
Underlying Revenue Growth
Strong growth after excluding fuel pass-throughs indicates that Cargojet is expanding underlying customer demand rather than relying only on surcharge changes. This supports better network utilization, strengthens revenue quality, and provides a durable base for future operating leverage.
ACMI And Charter Expansion
Growth across ACMI and charter operations diversifies Cargojet beyond its domestic overnight network and increases the ways it can deploy aircraft. Management cited new trade lanes and customer flying, suggesting these businesses can remain meaningful growth platforms over the coming quarters.
Network Reliability And Asset Utilization
Very high service reliability supports customer retention in time-sensitive freight, while flexible use of domestic, ACMI, and charter capacity can improve aircraft productivity. Together, these capabilities reinforce Cargojet's service proposition and competitive position without requiring immediate fleet expansion.
Bears Say
UPS Capacity Replacement Risk
The expected reduction in UPS supplementary flying creates a durable execution requirement because Cargojet must place returned assets and replace associated utilization. Although management cited opportunities, any delay could weaken network productivity, revenue growth, and near-term earnings leverage.
Elevated Leverage
Elevated leverage reduces financial flexibility while Cargojet balances dividends, share repurchases, fleet needs, and growth investments. Debt at the top of the target range leaves less room to absorb weaker demand or fund opportunities without increasing financial risk.
Margin And Cash-Flow Pressure
Compressed net margins and volatile free cash flow reduce the consistency of earnings conversion despite solid operating cash generation. This can constrain internally funded investment and shareholder returns, while leaving profitability more sensitive to crew costs, fuel effects, and operating conditions.
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Cargojet Stock Smart Score
Company Description
Cargojet
Cargojet Inc. specializes in express overnight air freight delivery, primarily serving Canada. The company's business activities include managing a domestic air cargo network that connects fourteen cities across North America. It also leases dedicated aircraft to clients under an Aircraft, Crew, Maintenance, and Insurance (ACMI) model, enabling operations between locations in Canada, North America, South America, and Europe. Cargojet maintains scheduled international routes for various cargo customers, connecting the United States with Bermuda, and Canada with the United Kingdom and Germany. Additionally, it offers on-demand charter aircraft for flights between Canada, the United States, and other international destinations. Specialized charter services cater to unique shipments such as livestock, military equipment, emergency relief supplies, and oversized cargo, reaching across North America, South America, the Caribbean, and Europe. The company is further involved in essential support services like flight planning and dispatch, crew development and training, ground handling, and commercial airline cargo management. As of December 31, 2021, Cargojet operated a fleet of 31 aircraft. The company was founded in 2005 and its headquarters are situated in Mississauga, Canada.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- Pauline Dhillon
- Employees
- 1,847
- Website
- www.cargojet.com
- Address
- 2281 North Sheridan Way, Mississauga, ON, L5K 2S3, CA
Cargojet (CGJTF) Earnings & Revenues
CGJTF Earnings Call
Earnings Call SentimentPositive
The call was strongly positive. Cargojet delivered record revenue and adjusted EBITDA, triple-digit net earnings growth, improved ROIC, lower leverage, strong operational reliability and substantial growth in its ACMI and charter businesses. Management also outlined international expansion and asset-utilization opportunities using the existing fleet. The main challenges were lower year-over-year free cash flow, fuel-related margin dilution, higher crew costs, the expected reduction in UPS supplementary flying, contractual limits on pricing and ongoing market uncertainty.
View all CGJTF earnings summariesCGJTF Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 3 | 4 |
| Technical Analysis | 3 | 3 | 4 |
| Moving Averages | 12 | 0 | 0 |










