WestJet Airlines Ltd. (TSE:WJA) is set to announce its earnings results before the market opens on Monday, October 30th. Analysts expect the company to announce earnings of C$1.11 per share for the quarter.

Shares of WestJet Airlines Ltd. (TSE WJA) opened at 27.67 on Monday. WestJet Airlines Ltd. has a 52-week low of $20.52 and a 52-week high of $28.00. The firm has a market cap of $3.24 billion and a price-to-earnings ratio of 12.25. The stock’s 50 day moving average price is $26.73 and its 200-day moving average price is $24.46.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 13th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend was Tuesday, September 12th.

A number of brokerages have recently issued reports on WJA. CIBC boosted their price objective on WestJet Airlines from C$27.00 to C$29.50 in a research note on Friday, October 13th. National Bank Financial upped their price target on 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. Canaccord Genuity upped their price target on WestJet Airlines from C$27.50 to C$28.00 in a research note on Thursday, October 12th. Macquarie downgraded WestJet Airlines from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from C$25.00 to C$24.00 in a research note on Monday, July 17th. Finally, Scotiabank upped their price target on WestJet Airlines from C$26.00 to C$27.50 and gave the stock an “outperform” rating in a research note on Wednesday, August 2nd. 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 company’s stock. WestJet Airlines presently has a consensus rating of “Hold” and a consensus target price of C$26.50.

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In related news, insider Gregg Albert Saretsky sold 14,687 shares of the business’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of C$25.99, for a total value of C$381,715.13. Also, insider Marshall Wilmot sold 3,368 shares of the business’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of C$25.33, for a total transaction of C$85,311.44. Insiders have sold 18,355 shares of company stock valued at $474,818 over the last quarter.

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.

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