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TSE:MDA

MDA Space (MDA) Stock Price, News & Analysis

C$16.82
+0.38 (+2.31%)
(As of 05:27 PM ET)

About MDA Space Stock (TSE:MDA)

Key Stats

Today's Range
C$16.20
C$16.97
50-Day Range
C$12.07
C$16.69
52-Week Range
C$10.65
C$16.97
Volume
488,925 shs
Average Volume
247,298 shs
Market Capitalization
C$2.02 billion
P/E Ratio
44.26
Dividend Yield
8.80%
Price Target
C$17.35
Consensus Rating
Moderate Buy

Company Overview

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. It also provides autonomous robotics and vision sensors, which operate in space and on the surfaces of the moon and mars; and robotic systems, interfaces, tooling, and ground control stations and operation services, as well as electro-optic and light detection and ranging sensors, vision systems, planetary rover locomotion subsystems, and guidance, navigation, and control subsystems. In addition, the company offers satellite systems and sub-systems for communication networks, including space-based broadband internet, direct-to-direct satellite communication, and internet of things connectivity across the full communication frequency spectrum; low earth orbit communication constellation, such as O3b mPower, Iridium Next, and OneWeb. It serves government agencies, prime contractors, and space companies. The company was formerly known as Neptune Acquisition Holdings Inc. and changed its name to MDA Ltd. in March 2021. MDA Ltd. was incorporated in 1969 and is headquartered in Brampton, Canada.

MDA Space Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 22nd Percentile

MDA Space scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MDA Space has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MDA Space has only been the subject of 2 research reports in the past 90 days.

  • Read more about MDA Space's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MDA Space is 44.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MDA Space is 44.00, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 523.06.

  • Price to Book Value per Share Ratio

    MDA Space has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about MDA Space's valuation and earnings.
  • Short Interest

    There is no current short interest data available for MDA.
  • Dividend Yield

    MDA Space pays a meaningful dividend of 2.09%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    MDA Space does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of MDA Space is 389.47%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about MDA Space's dividend.
  • Short Interest

    There is no current short interest data available for MDA.
  • News Sentiment

    MDA Space has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.31 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for MDA Space this week, compared to 7 articles on an average week.
  • Search Interest

    7 people have searched for MDA on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MDA Space insiders have bought 202.86% more of their company's stock than they have sold. Specifically, they have bought C$1,064,720.00 in company stock and sold C$351,556.00 in company stock.

  • Percentage Held by Insiders

    12.61% of the stock of MDA Space is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 28.61% of the stock of MDA Space is held by institutions.

  • Read more about MDA Space's insider trading history.
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MDA Stock News Headlines

Royal Bank of Canada Raises MDA Space (TSE:MDA) Price Target to C$20.00
AI expert reveals new Nvidia prediction
Everyone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released my latest prediction and believe it or not, I’m advising NOT pour all your money into Nvidia right now
See More Headlines

MDA Stock Analysis - Frequently Asked Questions

MDA Space's stock was trading at C$11.52 at the start of the year. Since then, MDA stock has increased by 45.1% and is now trading at C$16.72.
View the best growth stocks for 2024 here
.

MDA Space Ltd. (TSE:MDA) posted its earnings results on Thursday, August, 8th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.09. The firm had revenue of $242 million for the quarter, compared to analyst estimates of $221.34 million. MDA Space had a trailing twelve-month return on equity of 4.47% and a net margin of 5.53%.

Shares of MDA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MDA Space investors own include NovelStem International (HOLL), (KOG) (KOG), Maxar Technologies (MAXR), Vaccinex (VCNX), Whiting USA Trust II (WHZT), Whiting Petroleum (WLL) and Applegreen (APGN).

Company Calendar

Last Earnings
8/08/2024
Today
9/20/2024
Next Earnings (Estimated)
11/13/2024

Industry, Sector and Symbol

Industry
Aerospace & Defense
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
3,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$17.35
High Stock Price Target
C$22.00
Low Stock Price Target
C$12.75
Potential Upside/Downside
+6.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
C$47.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$860.80 million
Cash Flow
C$0.19 per share
Book Value
C$9.14 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.96 billion
Optionable
Not Optionable
Beta
-0.02
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This page (TSE:MDA) was last updated on 9/20/2024 by MarketBeat.com Staff
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