MDA Space Ltd. (NYSE:MDA – Free Report) – Analysts at Scotiabank upped their FY2026 earnings estimates for shares of MDA Space in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst K. Gupta now forecasts that the company will earn $0.99 per share for the year, up from their prior estimate of $0.97. Scotiabank has a “Outperform” rating on the stock. Scotiabank also issued estimates for MDA Space’s FY2027 earnings at $1.17 EPS.
A number of other research analysts also recently issued reports on the company. Jefferies Financial Group upgraded MDA Space to a “strong-buy” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. boosted their target price on MDA Space from $34.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. ATB Cormark Capital Markets downgraded MDA Space from a “moderate buy” rating to a “hold” rating in a research report on Friday, May 29th. Weiss Ratings downgraded MDA Space from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday. Finally, Zacks Research raised shares of MDA Space from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.67.
MDA Space Trading Up 5.2%
Shares of MDA Space stock opened at $31.57 on Monday. The company has a market capitalization of $5.11 billion and a price-to-earnings ratio of 112.75. The firm has a 50-day moving average price of $38.70. MDA Space has a one year low of $23.23 and a one year high of $49.37.
MDA Space (NYSE:MDA – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.05.
MDA Space Company Profile
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
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