Desjardins Comments on MDA Space’s Q1 Earnings (TSE:MDA)

MDA Space Ltd. (TSE:MDA) – Research analysts at Desjardins issued their Q1 2025 EPS estimates for shares of MDA Space in a note issued to investors on Sunday, March 9th. Desjardins analyst B. Poirier forecasts that the company will post earnings of $0.32 per share for the quarter. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Desjardins also issued estimates for MDA Space’s Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.40 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.57 EPS and FY2026 earnings at $1.74 EPS.

Several other analysts have also recently issued reports on the stock. Scotiabank boosted their price objective on shares of MDA Space from C$28.50 to C$34.00 in a research note on Monday. Canaccord Genuity Group upped their price target on shares of MDA Space from C$30.00 to C$34.00 in a research report on Friday, December 13th. Cormark upped their price target on shares of MDA Space from C$31.00 to C$38.00 in a research report on Wednesday, December 11th. Royal Bank of Canada upped their price target on shares of MDA Space from C$28.00 to C$30.00 in a research report on Wednesday, November 20th. Finally, Ci Capital upped their price target on shares of MDA Space from C$15.00 to C$26.00 in a research report on Monday, November 18th. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, MDA Space presently has a consensus rating of “Buy” and a consensus price target of C$31.43.

MDA Space Stock Up 3.5 %

Shares of TSE MDA opened at C$27.77 on Tuesday. MDA Space has a 52-week low of C$11.44 and a 52-week high of C$30.00. The firm has a fifty day moving average of C$25.65 and a 200-day moving average of C$23.25. The stock has a market capitalization of C$3.39 billion, a PE ratio of 49.36 and a beta of 0.02. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94.

Insider Activity

In related news, Director John Carter Risley sold 61,000 shares of the stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$28.06, for a total transaction of C$1,711,660.00. Also, Director Michael Philip Greenley sold 9,700 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of C$28.60, for a total transaction of C$277,420.00. In the last 90 days, insiders have sold 361,300 shares of company stock worth $10,285,710. 12.60% of the stock is currently owned by corporate insiders.

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.