Cargojet is Canada’s leading air cargo airline and a time-sensitive cargo handler. The company serves 16 major airports in Canada from coast to coast. Its network stretches across North America transporting over 1.8 million pounds of time-sensitive cargo each day.
Cargojet key market segments are domestic markets (44% of 2020 revenue by cargo services), ACMI (19% - aircraft, crew, maintenance, and insurance), Charters (17%) and surcharge and others (16%). It is strategically located at airports in each city center to meet customer’s needs and requirements.
The company owns a fuel-efficient fleet and operates over 60 flight legs each business night. It also provides domestic air cargo services to many international airlines between several points in Canada.
Cargojet Stock Details
- Ticker: tse:cjt
- Sector: Industrials
- Industry: Integrated Freight & Logistics
- Market Cap: 1.68B
- Market Cap Group: Small Cap
- P/E: 23.53
- Dividend Yield: 1.17%
- Grade: C
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 5/10
- Dividend Income Fit: 3/10
CJT Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| UPS | NYSE:UPS | United Parcel Service Inc. | 129.90 | 15.39 | 4.26 | NO | 1 | 9 | 58 |
| FDX | NYSE:FDX | FedEx Corporation | 64.77 | 15.68 | 1.96 | NO | 1 | 9 | 58 |
| EXPD | NASDAQ:EXPD | Expeditors International of Washington Inc. | 17.17 | 22.32 | 1.17 | YES | 1 | 9 | 58 |
| CHRW | NASDAQ:CHRW | CH Robinson Worldwide Inc. | 9.62 | 25.35 | 2.96 | NO | 1 | 9 | 58 |
| CJT | TSE:CJT | Cargojet | 1.68 | 23.53 | 1.17 | YES | 1 | 9 | 58 |
Top Picks by Bay Street Experts
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Cargojet - FAQ
What is the stock ticker for Cargojet?
The stock ticker for Cargojet is TSE:cjt.
Is Cargojet a good stock to buy?
You need to consider your investment strategy and how TSE:cjt can fit in your portfolio.
The current dividend income score of 3/10 and dividend growth score of 5/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Cargojet a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 44 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Cargojet?
You can easily buy the CJT stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.