Q1 Earnings Estimate for Cargojet Issued By Atb Cap Markets

Cargojet Inc. (TSE:CJT) – Atb Cap Markets boosted their Q1 2025 EPS estimates for shares of Cargojet in a research report issued on Tuesday, February 18th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings per share of $1.11 for the quarter, up from their previous estimate 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.

CJT has been the subject of several other research reports. Scotiabank lowered their target price on shares of Cargojet from C$170.00 to C$165.00 in a report on Wednesday. Canaccord Genuity Group raised their target price on shares of Cargojet from C$160.00 to C$165.00 in a report on Wednesday, November 6th. National Bankshares lowered their target price on shares of Cargojet from C$158.00 to C$151.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Canaccord Genuity Group lifted their price objective on shares of Cargojet from C$165.00 to C$173.00 in a report on Wednesday. Finally, ATB Capital decreased their price objective on shares of Cargojet from C$165.00 to C$155.00 in a report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$158.45.

Cargojet Price Performance

Cargojet stock opened at C$101.34 on Friday. The firm has a 50-day moving average price of C$112.62 and a 200-day moving average price of C$122.88. The firm has a market capitalization of C$1.62 billion, a PE ratio of 711.21 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 12-month low of C$100.01 and a 12-month high of C$144.97.

Cargojet Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 1.38%. Cargojet’s dividend payout ratio (DPR) is 982.53%.

Cargojet Company Profile

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.