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Raymond James Issues Negative Forecast for TSE:MDP Earnings

Medexus Pharmaceuticals logo with Medical background

Medexus Pharmaceuticals Inc. (TSE:MDP - Free Report) - Stock analysts at Raymond James dropped their Q3 2026 earnings estimates for Medexus Pharmaceuticals in a note issued to investors on Tuesday, January 7th. Raymond James analyst M. Freeman now expects that the company will post earnings of $0.22 per share for the quarter, down from their prior forecast of $0.24. Raymond James has a "Strong-Buy" rating and a $4.00 price objective on the stock. The consensus estimate for Medexus Pharmaceuticals' current full-year earnings is $0.16 per share. Raymond James also issued estimates for Medexus Pharmaceuticals' Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.89 EPS, FY2027 earnings at $0.88 EPS, FY2028 earnings at $0.80 EPS and FY2029 earnings at $0.77 EPS.

Several other equities research analysts also recently commented on MDP. Alliance Global Partners raised shares of Medexus Pharmaceuticals to a "strong-buy" rating in a report on Monday, December 23rd. Leede Financial set a C$8.25 price target on shares of Medexus Pharmaceuticals and gave the company a "speculative buy" rating in a research note on Monday, September 30th. Two research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Medexus Pharmaceuticals currently has a consensus rating of "Strong Buy" and an average price target of C$5.25.

View Our Latest Research Report on MDP

Medexus Pharmaceuticals Stock Performance

TSE MDP traded up C$0.47 on Thursday, hitting C$4.07. 130,755 shares of the stock traded hands, compared to its average volume of 74,734. Medexus Pharmaceuticals has a 12 month low of C$1.47 and a 12 month high of C$4.07. The business's fifty day moving average is C$2.74 and its two-hundred day moving average is C$2.52. The firm has a market capitalization of C$99.84 million, a price-to-earnings ratio of 81.40 and a beta of 1.96.

About Medexus Pharmaceuticals

(Get Free Report)

Medexus Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada and the United States. The company focuses on the therapeutic areas comprising oncology, hematology, rheumatology, auto-immune diseases, allergy, and dermatology. Its primary products are IXINITY, an intravenous recombinant factor IX therapeutic for use in patients 12 years of age or older with hemophilia B; Rasuvo and Metoject, a formulation of methotrexate designed to treat rheumatoid arthritis and other auto-immune diseases; Rupall, a prescription allergy medication; and Gleolan, an optical imaging agent indicated in patients with glioma as an adjunct for the visualization of malignant tissue during surgery.

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Earnings History and Estimates for Medexus Pharmaceuticals (TSE:MDP)

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