Stifel Canada Brokers Raise Earnings Estimates for MDA Space

MDA Space Ltd. (TSE:MDA) – Analysts at Stifel Canada raised their FY2025 earnings estimates for MDA Space in a research note issued to investors on Sunday, November 16th. Stifel Canada analyst G. Macdonald now expects that the company will earn $1.43 per share for the year, up from their prior estimate of $1.39. 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 $1.61 EPS and FY2027 earnings at $1.82 EPS.

Other research analysts have also recently issued research reports about the company. Desjardins cut their price objective on MDA Space from C$56.00 to C$43.00 and set a “buy” rating for the company in a research report on Tuesday, September 9th. Royal Bank Of Canada reduced their price target on shares of MDA Space from C$45.00 to C$38.00 in a research report on Monday. BMO Capital Markets decreased their price target on MDA Space from C$36.00 to C$32.00 in a research note on Monday. Stifel Nicolaus set a C$48.00 price objective on MDA Space and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, Scotiabank reduced their price objective on MDA Space from C$43.00 to C$40.00 and set an “outperform” rating for the company in a report on Friday, October 31st. 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. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of C$38.89.

MDA Space Price Performance

Shares of TSE MDA opened at C$21.64 on Tuesday. The stock has a fifty day moving average price of C$31.47 and a 200 day moving average price of C$34.31. MDA Space has a 1-year low of C$19.96 and a 1-year high of C$48.31. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00. The company has a market cap of C$2.70 billion, a PE ratio of 24.04 and a beta of -0.86.

Insider Buying and Selling

In other news, Director Brendan Paddick sold 45,600 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of C$47.02, for a total value of C$2,143,929.60. Following the completion of the transaction, the director directly owned 1,136,353 shares of the company’s stock, valued at C$53,426,772.65. The trade was a 3.86% decrease in their ownership of the stock. Also, insider Guillaume Lavoie acquired 1,220 shares of MDA Space stock in a transaction dated Tuesday, September 9th. The stock was bought at an average price of C$33.91 per share, for a total transaction of C$41,370.20. Following the completion of the transaction, the insider directly owned 4,562 shares of the company’s stock, valued at approximately C$154,697.42. This represents a 36.51% increase in their ownership of the stock. 12.60% of the stock is currently owned by corporate 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.