Stifel Canada Has Weak Outlook for Cargojet FY2025 Earnings

Cargojet Inc. (TSE:CJT) – Research analysts at Stifel Canada cut their FY2025 EPS estimates for shares of Cargojet in a note issued to investors on Sunday, November 9th. Stifel Canada analyst D. Young now anticipates that the company will post earnings of $3.86 per share for the year, down from their prior forecast of $4.67. The consensus estimate for Cargojet’s current full-year earnings is $5.89 per share. Stifel Canada also issued estimates for Cargojet’s Q4 2025 earnings at $0.90 EPS and FY2026 earnings at $4.19 EPS.

Several other brokerages have also recently weighed in on CJT. Desjardins set a C$149.00 price objective on Cargojet and gave the company a “buy” rating in a report on Wednesday, October 1st. Acumen Capital cut their price objective on shares of Cargojet from C$175.00 to C$170.00 and set a “buy” rating for the company in a research report on Monday, August 11th. TD Securities decreased their target price on shares of Cargojet from C$160.00 to C$120.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. National Bankshares cut their price target on shares of Cargojet from C$123.00 to C$120.00 and set an “outperform” rating for the company in a report on Wednesday, October 15th. Finally, Scotiabank reduced their price target on shares of Cargojet from C$140.00 to C$135.00 in a research report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$133.15.

Cargojet Stock Up 0.2%

TSE CJT opened at C$68.81 on Wednesday. The company has a current ratio of 0.56, a quick ratio of 0.79 and a debt-to-equity ratio of 98.69. The company has a market cap of C$1.07 billion, a price-to-earnings ratio of 8.74 and a beta of 0.85. The company has a 50 day moving average of C$88.53 and a 200-day moving average of C$94.11. Cargojet has a 1-year low of C$65.60 and a 1-year high of C$138.15.

Cargojet Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Friday, September 19th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.0%. Cargojet’s dividend payout ratio is currently 17.79%.

About Cargojet

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.