Stifel Canada Issues Positive Outlook for MDA Space Earnings

MDA Space Ltd. (TSE:MDA) – Research analysts at Stifel Canada lifted their FY2025 earnings estimates for shares of MDA Space in a note issued to investors on Sunday, November 16th. Stifel Canada analyst G. Macdonald now forecasts that the company will post earnings of $1.43 per share for the year, up from their prior estimate of $1.39. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Stifel Canada also issued estimates for MDA Space’s FY2026 earnings at $1.61 EPS and FY2027 earnings at $1.82 EPS.

MDA has been the subject of a number of other research reports. BMO Capital Markets decreased their price objective on shares of MDA Space from C$36.00 to C$32.00 in a report on Monday. Stifel Nicolaus set a C$48.00 price target on shares of MDA Space and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Scotiabank lowered their price target on MDA Space from C$43.00 to C$40.00 and set an “outperform” rating on the stock in a research report on Friday, October 31st. Royal Bank Of Canada dropped their price target on MDA Space from C$45.00 to C$38.00 in a report on Monday. Finally, Canaccord Genuity Group decreased their target price on shares of MDA Space from C$54.00 to C$47.00 in a research report on Tuesday, September 9th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$38.89.

MDA Space Stock Down 3.7%

Shares of MDA Space stock opened at C$21.44 on Tuesday. The stock has a market cap of C$2.68 billion, a PE ratio of 23.82 and a beta of -0.86. MDA Space has a 12 month low of C$19.96 and a 12 month high of C$48.31. The business has a fifty day simple moving average of C$31.70 and a 200 day simple moving average of C$34.32. 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 Buying and Selling at MDA Space

In related news, insider Guillaume Lavoie bought 1,220 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were purchased at an average cost of C$33.91 per share, with a total value of C$41,370.20. Following the acquisition, the insider owned 4,562 shares of the company’s stock, valued at C$154,697.42. This represents a 36.51% increase in their ownership of the stock. Also, Director Brendan Paddick sold 54,400 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of C$45.09, for a total transaction of C$2,452,727.36. Following the sale, the director directly owned 1,181,953 shares of the company’s stock, valued at C$53,290,596.72. This represents a 4.40% decrease in their position. 12.60% of the stock is currently owned by company insiders.

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.