MDA Space Ltd. (TSE:MDA - Free Report) - Investment analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of MDA Space in a research report issued to clients and investors on Friday, January 23rd. Scotiabank analyst K. Gupta now expects that the company will post earnings of $1.39 per share for the year, down from their prior forecast of $1.50. Scotiabank currently has a "Outperform" rating and a $42.00 price target on the stock. The consensus estimate for MDA Space's current full-year earnings is $0.96 per share.
Several other equities analysts have also recently weighed in on MDA. Royal Bank Of Canada lowered their price objective on shares of MDA Space from C$45.00 to C$38.00 in a research report on Monday, November 17th. Stifel Nicolaus set a C$48.00 target price on MDA Space and gave the stock a "buy" rating in a research report on Wednesday, October 8th. Morgan Stanley upgraded MDA Space from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from C$32.00 to C$46.00 in a report on Friday, January 16th. Finally, BMO Capital Markets reduced their price objective on MDA Space from C$36.00 to C$32.00 in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of C$40.75.
Read Our Latest Stock Report on MDA Space
MDA Space Stock Up 0.4%
MDA stock opened at C$36.70 on Monday. 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 firm has a market capitalization of C$4.63 billion, a P/E ratio of 43.18 and a beta of -1.15. MDA Space has a 52-week low of C$19.96 and a 52-week high of C$48.31. The company's 50 day simple moving average is C$27.12 and its 200-day simple moving average is C$33.49.
MDA Space (TSE:MDA - Get Free Report) last released its quarterly earnings results on Friday, November 14th. The company reported C$0.35 earnings per share for the quarter. MDA Space had a return on equity of 6.17% and a net margin of 7.22%.The business had revenue of C$409.80 million during the quarter.
Insiders Place Their Bets
In other MDA Space news, Director John Carter Risley sold 75,700 shares of the company's stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of C$27.17, for a total value of C$2,056,769.00. Following the transaction, the director directly owned 313,710 shares of the company's stock, valued at C$8,523,500.70. This represents a 19.44% decrease in their position. 12.60% of the stock is currently owned by insiders.
MDA Space Company Profile
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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. AURORA technology enables constellations to extend communication networks to every corner of the globe with digital automation, and robotics.
Further Reading

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