- Investing.com
Cargojet Inc. provides time sensitive overnight air cargo services and carriers in Canada. It operates domestic air cargo network services between 16 Canadian cities; and provides dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North and South America, and Europe. The company operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an ad hoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the aircraft operation and maintenance, flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. The company operates a fleet of 41 aircraft. Cargojet Inc. was founded in 2001 and is headquartered in Mississauga, Canada.
E-commerce Catalyst | Cargojet's Q2 2024 performance shows resilience in flight hours, driven by positive e-commerce trends, marking a shift from previous quarters' challenges |
Industry Flux | Explore the dichotomy between e-commerce growth and traditional freight sluggishness, presenting both opportunities and challenges for Cargojet's business model |
Capacity Conundrum | Delve into the potential oversupply of cargo space as passenger flights recover, creating pricing pressures that Cargojet must navigate to maintain profitability |
Valuation Debate | Analysts set a $120 price target against Cargojet's $133 market price, reflecting ongoing discussions about growth potential amid industry uncertainties |
Metrics to compare | CJT | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipCJTPeersSector | |
---|---|---|---|---|
P/E Ratio | 928.2x | 13.9x | 11.8x | |
PEG Ratio | −8.27 | −0.31 | 0.03 | |
Price/Book | 3.0x | 1.7x | 1.4x | |
Price / LTM Sales | 2.3x | 0.6x | 1.2x | |
Upside (Analyst Target) | 22.5% | 21.0% | 20.9% | |
Fair Value Upside | Unlock | 14.3% | 6.4% | Unlock |