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Desjardins Weighs in on MDA Space's Q1 Earnings (TSE:MDA)

MDA Space logo with Industrials background

MDA Space Ltd. (TSE:MDA - Free Report) - Analysts at Desjardins dropped their Q1 2025 earnings per share estimates for shares of MDA Space in a research note issued to investors on Tuesday, April 1st. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $0.28 for the quarter, down from their prior forecast of $0.32. 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 $0.31 EPS, Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.47 EPS and FY2027 earnings at $1.69 EPS.

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

Read Our Latest Report on MDA

MDA Space Stock Performance

Shares of TSE:MDA remained flat at C$23.88 during mid-day trading on Thursday. 152,653 shares of the company traded hands, compared to its average volume of 526,542. The firm's 50-day simple moving average is C$25.35 and its 200 day simple moving average is C$24.98. The stock has a market capitalization of C$2.91 billion, a P/E ratio of 42.44 and a beta of 0.02. The company has a current ratio of 0.83, a quick ratio of 1.00 and a debt-to-equity ratio of 34.94. MDA Space has a fifty-two week low of C$11.44 and a fifty-two week high of C$30.00.

About MDA Space

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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.

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Earnings History and Estimates for MDA Space (TSE:MDA)

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