What is Cormark's Forecast for MDA Space Q1 Earnings?

MDA Space Ltd. (TSE:MDA - Free Report) - Equities researchers at Cormark issued their Q1 2025 earnings estimates for shares of MDA Space in a report issued on Thursday, April 17th. Cormark analyst D. Mcfadgen anticipates that the company will post earnings per share of $0.19 for the quarter. The consensus estimate for MDA Space's current full-year earnings is $0.96 per share.

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

MDA Space Stock Up 6.4 %

Shares of TSE MDA traded up C$1.56 during mid-day trading on Friday, reaching C$25.94. 241,136 shares of the company's stock traded hands, compared to its average volume of 502,036. The stock has a market cap of C$3.16 billion, a P/E ratio of 46.11 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 business has a 50-day simple moving average of C$25.63 and a 200 day simple moving average of C$25.62. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00.

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.