MDA Space Ltd. (TSE:MDA – Free Report) – Cormark lowered their FY2026 earnings per share estimates for MDA Space in a research report issued on Wednesday, May 21st. Cormark analyst D. Mcfadgen now expects that the company will post earnings per share of $1.59 for the year, down from their prior estimate of $1.60. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share.
A number of other equities analysts have also weighed in on MDA. Citigroup increased their price target on MDA Space from C$26.00 to C$30.00 in a research report on Thursday, January 30th. Canaccord Genuity Group decreased their price objective on MDA Space from C$37.00 to C$36.00 and set a “buy” rating for the company in a research report on Wednesday, May 21st. Finally, Scotiabank raised their price objective on MDA Space from C$28.50 to C$34.00 in a research report on Monday, March 10th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, MDA Space currently has a consensus rating of “Buy” and a consensus price target of C$32.00.
MDA Space Trading Down 0.1%
TSE:MDA opened at C$28.13 on Monday. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. MDA Space has a 1-year low of C$11.44 and a 1-year high of C$30.00. The firm has a market capitalization of C$3.43 billion, a price-to-earnings ratio of 50.00 and a beta of 0.02. The stock has a fifty day simple moving average of C$25.91 and a 200 day simple moving average of C$26.32.
Insiders Place Their Bets
In other news, Senior Officer Guillaume Lavoie purchased 1,150 shares of the business’s stock in a transaction dated Tuesday, May 13th. The stock was bought at an average cost of C$24.75 per share, with a total value of C$28,462.50. Corporate insiders own 12.60% of the company’s stock.
About MDA Space
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.
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