Brokers Set Expectations for MDA Space FY2025 Earnings

MDA Space Ltd. (TSE:MDA) – Research analysts at Stifel Canada issued their FY2025 EPS estimates for shares of MDA Space in a report issued on Tuesday, October 7th. Stifel Canada analyst G. Macdonald expects that the company will post earnings per share of $1.39 for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Stifel Canada also issued estimates for MDA Space’s FY2026 earnings at $1.57 EPS and FY2027 earnings at $1.80 EPS.

Other research analysts have also recently issued reports about the stock. Canaccord Genuity Group dropped their price objective on shares of MDA Space from C$54.00 to C$47.00 in a research note on Tuesday, September 9th. BMO Capital Markets dropped their price objective on shares of MDA Space from C$53.00 to C$40.00 and set an “outperform” rating for the company in a research note on Tuesday, September 9th. Desjardins dropped their price objective on shares of MDA Space from C$56.00 to C$43.00 and set a “buy” rating for the company in a research note on Tuesday, September 9th. Royal Bank Of Canada dropped their price objective on shares of MDA Space from C$53.00 to C$45.00 and set an “outperform” rating for the company in a research note on Tuesday, September 9th. Finally, Scotiabank dropped their price objective on shares of MDA Space from C$55.00 to C$43.00 and set an “outperform” rating for the company in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, MDA Space has an average rating of “Buy” and a consensus target price of C$39.40.

MDA Space Price Performance

MDA stock opened at C$36.06 on Friday. 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 firm has a 50 day moving average of C$39.06 and a 200-day moving average of C$33.44. MDA Space has a 12-month low of C$19.96 and a 12-month high of C$48.31. The company has a market cap of C$4.50 billion, a price-to-earnings ratio of 40.07 and a beta of -0.99.

Insider Transactions at MDA Space

In other MDA Space news, Director Michael Philip James Greenley sold 1,009,300 shares of MDA Space stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of C$45.00, for a total value of C$45,418,500.00. Following the completion of the sale, the director directly owned 117,037 shares of the company’s stock, valued at approximately C$5,266,665. The trade was a 89.61% decrease in their position. Also, Director John Carter Risley sold 184,230 shares of MDA Space stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of C$43.00, for a total transaction of C$7,921,890.00. Following the completion of the sale, the director directly owned 1,246,020 shares of the company’s stock, valued at C$53,578,860. The trade was a 12.88% decrease in their ownership of the stock. Insiders sold 1,334,150 shares of company stock worth $59,797,443 in the last three months. 12.60% of the stock is currently owned by company insiders.

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.