Stocks

Why Cargojet Inc stock is gaining today

By Wealth Awesome Newsroom -
Stocks & ETFs:CJT.TO
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Cargojet Inc's stock has seen a notable uptick, closing up by 0.91% in the latest trading session.

In the latest trading session, Cargojet Inc (CJT.TO) experienced a positive move, closing at CA$85.00. This increase reflects the company's ongoing resilience and strategic positioning in the logistics sector, which continues to adapt to changing market demands.

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Cargojet Inc

CJT.TO

Full stock page โ†’

CJT.TO

Cargojet Inc

Source:WealthAwesomeWealthAwesome
โ†“ $9.51 (-10.15%)
120 day period
$75.45$86.81$98.18Jan 23Apr 21Jul 15

Market cap

$1.25B

P/E

34.2x

52W high

$103.80

52W low

$64.71

1W change

-2.30%

Beta

1.16

Analyst Price Targets

Based on analyst covering CJT

๐Ÿ“ˆ

Wall Street analysts forecast CJT stock price to rise 38.7% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$116.85

+38.7% Upside

Current Price

C$84.23

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CJT's historical volatility

HistoricalForecast68%95%
C$58.35C$71.24C$84.13C$97.01C$109.90C$122.79TodayMar 9May 12Jul 15Aug 27Oct 10Nov 22

30-Day Vol

28.6%

Annualized

90-Day Vol

29.2%

Annualized

Trend (90d)

+1.5%

Annualized drift

90d Mean

C$84.68

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$84.38C$76.45 โ€“ C$93.14
60 trading daysC$84.53C$73.51 โ€“ C$97.20
90 trading daysC$84.68C$71.37 โ€“ C$100.48

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: Investors should note Cargojet's consistent performance, particularly in the face of evolving market conditions, as it positions itself for future growth.

Cargojet Inc's stock rises by 0.91% in one day.

With a market cap of CA$1.25 billion and a P/E ratio of 34.22, Cargojet continues to attract investor interest despite market volatility.

Bull case

Cargojet's recent financial results show steady revenue growth. The company reported an increase in total revenues and adjusted EBITDA, highlighting its operational efficiency and strong market demand.

Bear case

Even with this positive momentum, investors should stay cautious about potential market fluctuations and the competitive landscape that could affect Cargojet's growth in the future.

Recent Performance Highlights

Cargojet's stock closed at CA$85.00, marking a 0.91% increase in the last trading session. This uptick is indicative of the company's strong operational performance and investor confidence. The market cap stands at CA$1.25 billion, reflecting its significant presence in the logistics sector.

Financial Stability and Growth

The company recently reported a 1.9% increase in total revenues for Q1 2026, reaching CA$254.7 million, along with a 1.4% rise in adjusted EBITDA to CA$81.9 million. These figures highlight Cargojet's ability to maintain financial stability while navigating a competitive landscape. For more insights, check out the full financial results on our Cargojet Inc stock page.

Looking Ahead

As Cargojet continues to expand its operations and adapt to market changes, investors should keep an eye on upcoming earnings reports and strategic announcements. The company's commitment to quality and efficiency, as shown by its ISO certification retention, positions it well for future growth. Stay updated on Cargojet's journey by visiting our CJT.TO stock page for the latest news and analysis.


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