Cormark Weighs in on MDA Space's FY2026 Earnings (TSE:MDA)

MDA Space Ltd. (TSE:MDA - Free Report) - Equities researchers at Cormark reduced their FY2026 earnings per share (EPS) estimates for shares of MDA Space in a note issued to investors on Monday, May 5th. Cormark analyst D. Mcfadgen now forecasts that the company will post earnings of $1.17 per share for the year, down from their previous estimate of $1.34. The consensus estimate for MDA Space's current full-year earnings is $0.96 per share.

A number of other research firms have also recently weighed in on MDA. Scotiabank increased their price objective on MDA Space from C$28.50 to C$34.00 in a research report on Monday, March 10th. Citigroup upped their target price on MDA Space from C$26.00 to C$30.00 in a research report on Thursday, January 30th. Four analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$31.43.

MDA Space Stock Performance

TSE:MDA traded down C$0.27 during mid-day trading on Thursday, reaching C$24.71. 195,094 shares of the stock were exchanged, compared to its average volume of 501,482. The stock has a market capitalization of C$3.01 billion, a P/E ratio of 43.92 and a beta of 0.02. MDA Space has a 1 year low of C$11.44 and a 1 year high of C$30.00. The company has a 50 day simple moving average of C$26.08 and a 200-day simple moving average of C$26.07. 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 Company Profile

MDA Ltd. designs, manufactures, and services space robotics, satellite systems and components, and intelligence systems in Canada, the United States, Europe, Asia, the Middle East, and internationally. The company offers geointelligence solutions that use satellite-generated imagery and analytic services to deliver critical and value-added insights in the areas of national security, climate change monitoring, and maritime surveillance; owns and operates commercial data distribution for its satellite RADARSAT-2; and distributes high resolution optical imagery, satellite-based automatic identification system data, and radio-frequency data for other third-party missions.