MDA Space Ltd. (TSE:MDA - Free Report) - Research analysts at Cormark boosted their FY2026 earnings per share estimates for MDA Space in a report issued on Tuesday, July 8th. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of $1.76 for the year, up from their prior estimate of $1.59. The consensus estimate for MDA Space's current full-year earnings is $0.96 per share.
Other equities research analysts also recently issued reports about the stock. Scotiabank downgraded shares of MDA Space from a "strong-buy" rating to a "hold" rating and lifted their price target for the company from C$33.00 to C$39.00 in a research report on Thursday, July 3rd. Canaccord Genuity Group lifted their price target on shares of MDA Space from C$36.00 to C$45.00 and gave the company a "buy" rating in a research report on Friday. Royal Bank Of Canada lifted their price target on shares of MDA Space from C$35.00 to C$42.00 and gave the company an "outperform" rating in a research report on Thursday, July 3rd. Finally, Desjardins lifted their price target on shares of MDA Space from C$38.00 to C$40.00 and gave the company a "buy" rating in a research report on Monday, June 23rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, MDA Space currently has an average rating of "Moderate Buy" and a consensus target price of C$35.78.
Get Our Latest Stock Report on MDA Space
MDA Space Stock Performance
Shares of TSE:MDA traded down C$0.83 during trading on Thursday, reaching C$38.99. 434,919 shares of the stock were exchanged, compared to its average volume of 490,001. MDA Space has a 12 month low of C$11.78 and a 12 month high of C$40.27. The firm has a market cap of C$4.75 billion, a PE ratio of 69.30 and a beta of 0.02. The stock has a 50-day moving average price of C$30.15 and a 200-day moving average price of C$27.47. The company has a current ratio of 0.83, a quick ratio of 1.00 and a debt-to-equity ratio of 34.94.
Insider Buying and Selling at MDA Space
In other MDA Space news, 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. Also, Senior Officer David Snarch sold 18,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of C$28.20, for a total transaction of C$507,600.00. Over the last quarter, insiders sold 306,000 shares of company stock valued at $9,024,768. 12.60% of the stock is currently owned by insiders.
About MDA Space
(
Get Free Report)
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.
Featured Stories
Before you consider MDA Space, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MDA Space wasn't on the list.
While MDA Space currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
