WestJet Airlines Ltd. (WJA) to Release Earnings on Monday

WestJet Airlines Ltd. (TSE:WJA) will be posting its quarterly earnings results before the market opens on Monday, October 30th. Analysts expect WestJet Airlines to post earnings of C$1.11 per share for the quarter.

Shares of WestJet Airlines Ltd. (WJA) opened at 27.36 on Friday. The stock has a market cap of $3.20 billion and a P/E ratio of 12.11. WestJet Airlines Ltd. has a one year low of $20.52 and a one year high of $28.00. The stock has a 50 day moving average of $26.78 and a 200 day moving average of $24.57.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 13th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Tuesday, September 12th.

In other WestJet Airlines news, insider Marshall Wilmot sold 3,368 shares of the company’s stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of C$25.33, for a total transaction of C$85,311.44. Also, insider Gregg Albert Saretsky sold 14,687 shares of the company’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of C$25.99, for a total transaction of C$381,715.13. In the last quarter, insiders sold 18,355 shares of company stock worth $474,818.

TRADEMARK VIOLATION NOTICE: “WestJet Airlines Ltd. (WJA) to Release Earnings on Monday” was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/28/westjet-airlines-ltd-wja-to-release-earnings-on-monday.html.

WJA has been the topic of a number of research reports. Macquarie cut shares of WestJet Airlines from a “neutral” rating to an “underperform” rating and dropped their target price for the company from C$25.00 to C$24.00 in a report on Monday, July 17th. Beacon Securities upgraded shares of WestJet Airlines from a “hold” rating to a “buy” rating and boosted their target price for the company from C$22.50 to C$28.50 in a report on Thursday, July 13th. CIBC boosted their target price on shares of WestJet Airlines from C$27.00 to C$29.50 in a report on Friday, October 13th. TD Securities upped their price target on shares of WestJet Airlines from C$29.00 to C$31.00 and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Finally, National Bank Financial upped their price target on shares of WestJet Airlines from C$27.00 to C$29.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. WestJet Airlines currently has a consensus rating of “Hold” and an average price target of C$26.50.

About WestJet Airlines

WestJet Airlines Ltd. is a Canada-based company, which provides airline service and travel packages. The Company operates WestJet Vacations, which provides air, hotel, car and excursion packages, and WestJet Encore, which is a regional airline that operates a fleet of turboprop aircraft in a network of destinations in Canada and the United States.

Receive News & Ratings for WestJet Airlines Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WestJet Airlines Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply