FY2026 Earnings Estimate for MDA Space Issued By Desjardins

MDA Space Ltd. (TSE:MDA - Free Report) - Equities research analysts at Desjardins decreased their FY2026 earnings per share estimates for MDA Space in a research report issued to clients and investors on Sunday, June 22nd. Desjardins analyst B. Poirier now expects that the company will post earnings of $1.57 per share for the year, down from their prior estimate of $1.59. Desjardins currently has a "Buy" rating and a $40.00 price target 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 $1.73 EPS.

Several other equities analysts have also issued reports on MDA. Scotiabank lifted their price objective on shares of MDA Space from C$28.50 to C$34.00 in a report on Monday, March 10th. Canaccord Genuity Group cut their price target on MDA Space from C$37.00 to C$36.00 and set a "buy" rating on the stock in a report on Wednesday, May 21st. Five equities research 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$32.89.

MDA Space Stock Up 4.1%

TSE:MDA traded up C$1.36 during mid-day trading on Wednesday, reaching C$34.50. The company's stock had a trading volume of 483,641 shares, compared to its average volume of 481,053. MDA Space has a 1 year low of C$11.78 and a 1 year high of C$34.52. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. The firm has a market capitalization of C$4.21 billion, a PE ratio of 61.32 and a beta of 0.02. The stock has a fifty day moving average of C$27.44 and a 200-day moving average of C$26.80.

Insider Activity at MDA Space

In other MDA Space news, Senior Officer David Snarch sold 18,000 shares of MDA Space stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of C$28.20, for a total transaction of C$507,600.00. Also, Senior Officer Guillaume Lavoie acquired 1,150 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average cost of C$24.75 per share, for a total transaction of C$28,462.50. Insiders have sold 306,000 shares of company stock valued at $9,024,768 in the last ninety days. Corporate insiders own 12.60% of the company's stock.

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.