
MDA Space Ltd. (TSE:MDA – Free Report) – Research analysts at Scotiabank cut their FY2026 EPS estimates for MDA Space in a note issued to investors on Friday, January 23rd. Scotiabank analyst K. Gupta now anticipates that the company will earn $1.39 per share for the year, down from their prior forecast of $1.50. Scotiabank has a “Outperform” rating and a $42.00 price target on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.
A number of other brokerages have also recently issued reports on MDA. Royal Bank Of Canada lowered their price target on shares of MDA Space from C$45.00 to C$38.00 in a research report on Monday, November 17th. Stifel Nicolaus set a C$48.00 target price on shares of MDA Space and gave the company a “buy” rating in a research note on Wednesday, October 8th. Morgan Stanley raised MDA Space from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from C$32.00 to C$46.00 in a research report on Friday, January 16th. Finally, BMO Capital Markets reduced their price target on MDA Space from C$36.00 to C$32.00 in a report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$40.75.
MDA Space Stock Performance
Shares of MDA Space stock opened at C$36.70 on Monday. MDA Space has a 12 month low of C$19.96 and a 12 month high of C$48.31. The firm has a market capitalization of C$4.63 billion, a P/E ratio of 43.18 and a beta of -1.15. The company has a current ratio of 0.83, a quick ratio of 1.00 and a debt-to-equity ratio of 34.94. The business has a fifty day simple moving average of C$27.43 and a two-hundred day simple moving average of C$33.47.
MDA Space (TSE:MDA – Get Free Report) last posted its earnings results on Friday, November 14th. The company reported C$0.35 earnings per share for the quarter. MDA Space had a return on equity of 6.17% and a net margin of 7.22%.The firm had revenue of C$409.80 million for the quarter.
Insider Buying and Selling at MDA Space
In related news, Director John Carter Risley sold 75,700 shares of the company’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$27.17, for a total value of C$2,056,769.00. Following the transaction, the director directly owned 313,710 shares of the company’s stock, valued at C$8,523,500.70. This represents a 19.44% decrease in their position. 12.60% of the stock is owned by company insiders.
MDA Space Company Profile
MDA Space Ltd, formerly MDA Ltd, is a global space company. The Company is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators. AURORA technology enables constellations to extend communication networks to every corner of the globe with digital automation, and robotics.
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