FY2026 Earnings Estimate for MDA Space Issued By Desjardins

Key Points

• Desjardins raised its FY2026 earnings per share (EPS) estimate for MDA Space from $1.57 to $1.77, maintaining a "Buy" rating with a price target of $55.00.
• Other analysts, including Royal Bank of Canada and Scotiabank, have also increased their price targets for MDA Space stock, with ratings varying from "outperform" to "strong-buy".
• Despite insider selling activities amounting to over $9 million in the past 90 days, MDA Space maintains a consensus "Buy" rating among equities research analysts.

MDA Space Ltd. (TSE:MDA - Free Report) - Investment analysts at Desjardins lifted their FY2026 earnings per share (EPS) estimates for shares of MDA Space in a report released on Monday, August 4th. Desjardins analyst B. Poirier now forecasts that the company will earn $1.77 per share for the year, up from their previous forecast of $1.57. Desjardins has a "Buy" rating and a $55.00 price objective on the stock. The consensus estimate for MDA Space's current full-year earnings is $0.96 per share. Desjardins also issued estimates for MDA Space's FY2027 earnings at $2.13 EPS.

MDA has been the topic of several other reports. Royal Bank Of Canada boosted their price objective on shares of MDA Space from C$42.00 to C$53.00 and gave the company an "outperform" rating in a research note on Tuesday. Scotiabank raised MDA Space from a "hold" rating to a "strong-buy" rating and upped their price objective for the stock from C$39.00 to C$55.00 in a report on Tuesday. BMO Capital Markets increased their price objective on MDA Space from C$33.00 to C$53.00 and gave the stock an "outperform" rating in a research report on Tuesday. Finally, Canaccord Genuity Group boosted their target price on shares of MDA Space from C$36.00 to C$45.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of C$43.22.

MDA Space Price Performance

MDA Space stock opened at C$45.85 on Thursday. 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 business has a 50 day simple moving average of C$35.51 and a 200-day simple moving average of C$29.03. MDA Space has a 12 month low of C$13.00 and a 12 month high of C$48.31. The stock has a market capitalization of C$5.59 billion, a PE ratio of 81.49 and a beta of 0.02.

Insider Buying and Selling at MDA Space

In other news, Senior Officer Minda Marie Suchan sold 40,000 shares of MDA Space stock in a transaction on Friday, June 20th. The stock was sold at an average price of C$30.64, for a total value of C$1,225,608.00. Also, Senior Officer Luigi Pozzebon sold 8,000 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of C$32.02, for a total transaction of C$256,160.00. Over the last 90 days, insiders sold 306,000 shares of company stock worth $9,024,768. 12.60% of the stock is currently owned by 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.

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