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Realtime updates for Cargojet Inc [CJT.TO]

Exchange: TSX Industry: Integrated Freight & Logistics
Upcoming Earnings Alert

4 days till quarter result
(bmo 2024-04-29)

Expected move: +/- 8.78%

Last Updated24 Apr 2024 @ 16:00

-0.58% $ 114.32

Live Chart Being Loaded With Signals

Commentary (24 Apr 2024 @ 16:00):

Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe...

Stats
Today's Volume 31 457.00
Average Volume 41 106.00
Market Cap 1.93B
EPS $0 ( 2024-02-26 )
Next earnings date ( $0.680 ) 2024-04-29
Last Dividend $0.286 ( 2023-09-19 )
Next Dividend $0 ( N/A )
P/E 52.68
ATR14 $0.199 (0.17%)

Volume Correlation

Long: -0.03 (neutral)
Short: -0.49 (neutral)
Signal:(48.125) Neutral

Cargojet Inc Correlation

10 Most Positive Correlations
AGF-B.TO0.867
TA.TO0.851
NWH-UN.TO0.85
DND.TO0.848
MPCT-UN.TO0.843
INE.TO0.837
MTY.TO0.835
Y.TO0.834
ALC.TO0.832
GBT.TO0.829
10 Most Negative Correlations
CARE.TO-0.831
NWC.TO-0.811

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Cargojet Inc Correlation - Currency/Commodity

The country flag 0.24
( neutral )
The country flag 0.23
( neutral )
The country flag 0.00
( neutral )
The country flag 0.50
( neutral )
The country flag -0.06
( neutral )
The country flag 0.27
( neutral )

Cargojet Inc Financials

Annual 2023
Revenue: $877.50M
Gross Profit: $136.10M (15.51 %)
EPS: $2.17
Q4 2023
Revenue: $221.90M
Gross Profit: $16.00M (7.21 %)
EPS: $-2.04
Q3 2023
Revenue: $214.00M
Gross Profit: $33.50M (15.65 %)
EPS: $0.610
Q2 2023
Revenue: $209.70M
Gross Profit: $42.50M (20.27 %)
EPS: $1.810

Financial Reports:

No articles found.

Cargojet Inc Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.286
(N/A)
$0.286
(N/A)
$0.286
(N/A)
$0.286
(N/A)
$0.286
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Cargojet Inc Dividend Information - Dividend Knight

Dividend Sustainability Score: 6.25 - average (75.13%) | Divividend Growth Potential Score: 3.07 - Decrease likely (38.68%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.142 2012-03-16
Last Dividend $0.286 2023-09-19
Next Dividend $0 N/A
Payout Date 2023-10-05
Next Payout Date N/A
# dividends 47 --
Total Paid Out $9.55 --
Avg. Dividend % Per Year 0.46% --
Score 3.55 --
Div. Sustainability Score 6.25
Div.Growth Potential Score 3.07
Div. Directional Score 4.66 --
Next Divdend (Est)
(2024-07-01)
$0.292 Estimate 22.50 %
Dividend Stability
0.60 Above Average
Dividend Score
3.55
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2012 $0 0.00%
2013 $0 0.00%
2014 $0 0.00%
2015 $0 0.00%
2016 $0 0.00%
2017 $0 0.00%
2018 $0.848 1.03%
2019 $0.936 1.33%
2020 $0.936 0.89%
2021 $1.040 0.50%
2022 $1.118 0.69%
2023 $0.858 0.73%
2024 $0 0.00%

Dividend Commentary

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for TSX

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
UMI.TO Dividend Junior 2023-06-23 Quarterly 7 1.34%
MKB.TO Dividend Knight 2023-09-01 Monthly 9 1.44%
CYH.TO Dividend King 2023-09-25 Monthly 17 2.68%
XSTB.TO Dividend Junior 2023-08-25 Monthly 6 1.14%
RPI-UN.TO Dividend King 2023-09-28 Monthly 19 1.88%
GWO-PN.TO Dividend King 2023-08-30 Quarterly 14 1.89%
BDT.TO Dividend King 2023-09-28 Monthly 24 2.78%
VSP.TO Dividend Junior 2023-06-29 Quarterly 13 0.68%
NTR.TO Dividend Knight 2023-09-28 Quarterly 7 1.83%
DXP.TO Dividend Knight 2023-08-25 Monthly 8 2.45%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.04241.5009.1510.00[0 - 0.5]
returnOnAssetsTTM0.01831.2009.3910.00[0 - 0.3]
returnOnEquityTTM0.04361.500-0.627-0.940[0.1 - 1]
payoutRatioTTM0.530-1.0004.70-4.70[0 - 1]
currentRatioTTM1.4930.8007.546.03[1 - 3]
quickRatioTTM0.8110.8009.947.95[0.8 - 2.5]
cashRatioTTM0.1711.500-0.163-0.244[0.2 - 2]
debtRatioTTM0.345-1.5004.25-6.37[0 - 0.6]
interestCoverageTTM1.1391.000-0.689-0.689[3 - 30]
operatingCashFlowPerShareTTM11.242.006.2510.00[0 - 30]
freeCashFlowPerShareTTM-4.312.00-2.15-4.31[0 - 20]
debtEquityRatioTTM0.896-1.5006.42-9.62[0 - 2.5]
grossProfitMarginTTM0.1571.000-0.722-0.722[0.2 - 0.8]
operatingProfitMarginTTM0.07371.000-0.525-0.525[0.1 - 0.6]
cashFlowToDebtRatioTTM0.2741.0009.599.59[0.2 - 2]
assetTurnoverTTM0.4310.800-0.460-0.368[0.5 - 2]
Total Score6.25

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM52.701.0004.780[1 - 100]
returnOnEquityTTM0.04362.50-0.403-0.940[0.1 - 1.5]
freeCashFlowPerShareTTM-4.312.00-1.437-4.31[0 - 30]
dividendYielPercentageTTM1.0511.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM11.242.006.2510.00[0 - 30]
payoutRatioTTM0.5301.5004.70-4.70[0 - 1]
pegRatioTTM0.07011.500-2.870[0.5 - 2]
operatingCashFlowSalesRatioTTM0.2201.0007.010[0.1 - 0.5]
Total Score3.07

Cargojet Inc

Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. The company also 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 adhoc 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 flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2021, it operated a fleet of 31 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada.

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