Desjardins Has Pessimistic View of MDA Space Q1 Earnings

MDA Space Ltd. (TSE:MDA) – Equities research analysts at Desjardins lowered their Q1 2025 earnings estimates for MDA Space in a research report issued to clients and investors on Tuesday, April 1st. Desjardins analyst B. Poirier now expects that the company will earn $0.28 per share 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.

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

MDA Space Price Performance

Shares of TSE:MDA opened at C$24.02 on Thursday. The company has a market cap of C$2.93 billion, a price-to-earnings ratio of 42.69 and a beta of 0.02. The business has a 50 day moving average price of C$25.40 and a 200 day moving average price of C$24.87. The company has a quick ratio of 1.00, a current ratio of 0.83 and a debt-to-equity ratio of 34.94. MDA Space has a twelve month low of C$11.44 and a twelve month high of C$30.00.

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.