What is Cormark's Estimate for MDA Space FY2025 Earnings?

MDA Space Ltd. (TSE:MDA - Free Report) - Analysts at Cormark boosted their FY2025 EPS estimates for MDA Space in a note issued to investors on Tuesday, February 11th. Cormark analyst D. Mcfadgen now anticipates that the company will earn $1.07 per share for the year, up from their prior estimate of $0.95. The consensus estimate for MDA Space's current full-year earnings is $0.96 per share.

A number of other equities analysts also recently issued reports on the stock. Royal Bank of Canada increased their price target on shares of MDA Space from C$28.00 to C$30.00 in a research note on Wednesday, November 20th. Ci Capital increased their price target on shares of MDA Space from C$15.00 to C$26.00 in a research note on Monday, November 18th. Scotiabank increased their price target on shares of MDA Space from C$29.00 to C$33.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Desjardins raised shares of MDA Space to a "moderate buy" rating in a research note on Wednesday, October 30th. Finally, Canaccord Genuity Group increased their price target on shares of MDA Space from C$30.00 to C$34.00 in a research note on Friday, December 13th. Four analysts have rated the stock with a buy rating, According to MarketBeat, MDA Space presently has an average rating of "Buy" and an average target price of C$31.29.

MDA Space Trading Up 0.2 %

MDA stock traded up C$0.04 during trading on Wednesday, reaching C$24.26. The company had a trading volume of 292,610 shares, compared to its average volume of 528,427. MDA Space has a 52 week low of C$11.44 and a 52 week high of C$30.00. The company has a market cap of C$2.96 billion, a P/E ratio of 43.12 and a beta of 0.02. The business has a 50 day moving average of C$27.10 and a 200 day moving average of C$22.05. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00.

Insider Buying and Selling at MDA Space

In related news, Director Michael Philip Greenley sold 290,600 shares of the firm's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of C$28.55, for a total transaction of C$8,296,630.00. Also, Director John Carter Risley sold 61,000 shares of the firm's stock in a transaction that occurred on 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. Over the last quarter, insiders sold 361,300 shares of company stock valued at $10,285,710. Corporate insiders own 12.60% of the company's stock.

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.