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  5. CJT: Hello, Thoughts on the latest release and what price would you find attractive to average down at. [Cargojet Inc. Common and Variable Voting Shares]
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Q: Hello,

Thoughts on the latest release and what price would you find attractive to average down at.

Thanks.
Asked by Satish on February 21, 2025
5i Research Answer:

EPS beat estimates by 7% and revenue beat by 7% also. Still, expenses are higher than expected and a couple of brokers have lowered their target price. Growth is still expected in 2025 but at a lower pace than prior. We think $100 would be a decent accumulation starting point. 

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