FY2025 Earnings Estimate for MDA Space Issued By Desjardins

MDA Space Ltd. (TSE:MDA) – Equities research analysts at Desjardins reduced their FY2025 EPS estimates for shares of MDA Space in a research report issued on Tuesday, April 1st. Desjardins analyst B. Poirier now anticipates that the company will post earnings of $1.43 per share for the year, down from their prior estimate of $1.57. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Desjardins also issued estimates for MDA Space’s FY2025 earnings at $1.43 EPS, FY2026 earnings at $1.53 EPS and FY2026 earnings at $1.53 EPS.

A number of other analysts also recently issued reports on MDA. Citigroup lifted their price objective on MDA Space from C$26.00 to C$30.00 in a research note on Thursday, January 30th. Canaccord Genuity Group boosted their target price on shares of MDA Space from C$30.00 to C$34.00 in a report on Friday, December 13th. Scotiabank lifted their price target on MDA Space from C$28.50 to C$34.00 in a research report on Monday, March 10th. Finally, Cormark increased their price target on MDA Space from C$31.00 to C$38.00 in a report on Wednesday, December 11th. Four analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of C$31.43.

MDA Space Trading Down 5.4 %

Shares of MDA Space stock opened at C$26.14 on Friday. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. The firm has a market cap of C$3.19 billion, a price-to-earnings ratio of 46.46 and a beta of 0.02. MDA Space has a twelve month low of C$11.44 and a twelve month high of C$30.00. The business has a 50-day moving average price of C$25.49 and a 200-day moving average price of C$24.88.

About MDA Space

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.