What is Cormark’s Estimate for MDA Space FY2026 Earnings?

MDA Space Ltd. (TSE:MDA) – Investment analysts at Cormark decreased their FY2026 earnings per share (EPS) estimates for MDA Space in a report released on Monday, September 8th. Cormark analyst D. Mcfadgen now anticipates that the company will post earnings per share of $1.73 for the year, down from their prior forecast of $2.02. The consensus estimate for MDA Space’s current full-year earnings is $0.96 per share. Cormark also issued estimates for MDA Space’s FY2027 earnings at $1.83 EPS.

A number of other equities analysts have also commented on the company. Desjardins cut their price target on MDA Space from C$56.00 to C$43.00 and set a “buy” rating for the company in a report on Tuesday. Royal Bank Of Canada dropped their price objective on MDA Space from C$53.00 to C$45.00 and set an “outperform” rating for the company in a research note on Tuesday. Canaccord Genuity Group dropped their price objective on MDA Space from C$54.00 to C$47.00 in a research note on Tuesday. Scotiabank dropped their price objective on MDA Space from C$55.00 to C$43.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, BMO Capital Markets dropped their price objective on MDA Space from C$53.00 to C$40.00 and set an “outperform” rating for the company in a research note on Tuesday. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$38.44.

MDA Space Price Performance

MDA Space stock opened at C$30.80 on Thursday. MDA Space has a one year low of C$15.53 and a one year high of C$48.31. The business has a fifty day moving average price of C$41.56 and a 200-day moving average price of C$32.32. The company has a debt-to-equity ratio of 34.94, a current ratio of 0.83 and a quick ratio of 1.00. The firm has a market capitalization of C$3.85 billion, a P/E ratio of 34.22 and a beta of -0.63.

Insider Transactions at MDA Space

In other news, Director Brendan Paddick sold 45,600 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of C$47.02, for a total value of C$2,143,929.60. Following the sale, the director directly owned 1,136,353 shares of the company’s stock, valued at C$53,426,772.65. The trade was a 3.86% decrease in their position. Also, Director John Carter Risley sold 184,230 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of C$43.00, for a total value of C$7,921,890.00. Following the completion of the sale, the director directly owned 1,246,020 shares in the company, valued at approximately C$53,578,860. This represents a 12.88% decrease in their ownership of the stock. Over the last 90 days, insiders sold 372,230 shares of company stock worth $15,228,315. Company insiders own 12.60% of the company’s stock.

About MDA Space

MDA Space Ltd, formerly MDA Ltd, is a global space company. The Company is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators.