Cargojet Stock Analysis
| CJT Stock | CAD 121.54 1.61 1.31% |
Cargojet is fairly valued with Real Value of 117.89 and Hype Value of 120.64. The main objective of Cargojet stock analysis is to determine its intrinsic value, which is an estimate of what Cargojet is worth, separate from its market price. There are two main types of Cargojet's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cargojet's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cargojet's stock to identify patterns and trends that may indicate its future price movements.
The Cargojet stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Cargojet is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Cargojet Stock trading window is adjusted to America/Toronto timezone.
Cargojet |
Cargojet Stock Analysis Notes
About 50.0% of the company shares are held by institutions such as insurance companies. The book value of Cargojet was currently reported as 44.91. The company has Price/Earnings (P/E) ratio of 226.44. Cargojet last dividend was issued on the 20th of December 2024. Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Cargojet Inc. is headquartered in Mississauga, Canada.Cargojet Inc. operates as a subsidiary of Flagship International Marketing Limited. CARGOJET INC operates under Integrated Freight Logistics classification in Canada and is traded on Toronto Stock Exchange. It employs 1182 people. For more info on Cargojet please contact Ajay Virmani at 866 551 5529 or go to https://2281cargojet.com.Cargojet Quarterly Total Revenue |
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Cargojet Investment Alerts
| Cargojet generated a negative expected return over the last 90 days | |
| Cargojet has accumulated 799.2 M in total debt with debt to equity ratio (D/E) of 2.72, implying the company greatly relies on financing operations through barrowing. Cargojet has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cargojet until it has trouble settling it off, either with new capital or with free cash flow. So, Cargojet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cargojet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cargojet to invest in growth at high rates of return. When we think about Cargojet's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Cargojet announces renewal of normal course issuer bid for voting shares - MSN |
Cargojet Largest EPS Surprises
Earnings surprises can significantly impact Cargojet's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2013-08-12 | 2013-06-30 | 0.12 | 0.14 | 0.02 | 16 | ||
2018-11-13 | 2018-09-30 | 0.4 | 0.35 | -0.05 | 12 | ||
2011-02-28 | 2010-12-31 | 0.32 | 0.37 | 0.05 | 15 |
Cargojet Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cargojet's market, we take the total number of its shares issued and multiply it by Cargojet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Cargojet Profitablity
Cargojet's profitability indicators refer to fundamental financial ratios that showcase Cargojet's ability to generate income relative to its revenue or operating costs. If, let's say, Cargojet is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cargojet's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cargojet's profitability requires more research than a typical breakdown of Cargojet's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.03 | 0.06 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.05 | 0.03 |
Management Efficiency
Cargojet has return on total asset (ROA) of 0.0254 % which means that it generated a profit of $0.0254 on every $100 spent on assets. This is way below average. Cargojet's management efficiency ratios could be used to measure how well Cargojet manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Capital Employed is likely to grow to 0.06, while Return On Tangible Assets are likely to drop 0.02. At this time, Cargojet's Total Assets are very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 1.8 B, while Intangible Assets are likely to drop about 1.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 45.61 | 47.89 | |
| Tangible Book Value Per Share | 42.69 | 44.82 | |
| Enterprise Value Over EBITDA | 8.55 | 11.82 | |
| Price Book Value Ratio | 2.61 | 2.96 | |
| Enterprise Value Multiple | 8.55 | 11.82 | |
| Price Fair Value | 2.61 | 2.96 | |
| Enterprise Value | 545.7 M | 573 M |
Leadership effectiveness at Cargojet is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0114 | Operating Margin 0.1551 | Profit Margin 0.0025 | Forward Dividend Yield 0.0114 | Beta 0.916 |
Technical Drivers
As of the 26th of November, Cargojet shows the insignificant Risk Adjusted Performance, mean deviation of 1.25, and Standard Deviation of 1.78. Cargojet technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Cargojet Price Movement Analysis
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Cargojet Outstanding Bonds
Cargojet issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cargojet uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cargojet bonds can be classified according to their maturity, which is the date when Cargojet has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Cargojet Predictive Daily Indicators
Cargojet intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cargojet stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0286 | |||
| Daily Balance Of Power | (0.45) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 122.54 | |||
| Day Typical Price | 122.21 | |||
| Market Facilitation Index | 3.55 | |||
| Price Action Indicator | (1.81) | |||
| Period Momentum Indicator | (1.61) |
Cargojet Forecast Models
Cargojet's time-series forecasting models are one of many Cargojet's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cargojet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Cargojet Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Cargojet prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cargojet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cargojet. By using and applying Cargojet Stock analysis, traders can create a robust methodology for identifying Cargojet entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.06 | 0.03 | |
| Operating Profit Margin | 0.07 | 0.07 | |
| Net Profit Margin | 0.04 | 0.02 | |
| Gross Profit Margin | 0.16 | 0.18 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Cargojet to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Cargojet Stock
Cargojet financial ratios help investors to determine whether Cargojet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cargojet with respect to the benefits of owning Cargojet security.