Maxar Technologies Ltd Expected to Post Q3 2017 Earnings of $1.23 Per Share (MDA)

Maxar Technologies Ltd (TSE:MDA) – Equities research analysts at Cormark decreased their Q3 2017 earnings per share estimates for shares of Maxar Technologies in a note issued to investors on Monday. Cormark analyst R. Peters now expects that the company will earn $1.23 per share for the quarter, down from their prior estimate of $1.34. Cormark also issued estimates for Maxar Technologies’ Q4 2017 earnings at $1.60 EPS, FY2017 earnings at $5.35 EPS and FY2018 earnings at $6.74 EPS.

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Several other brokerages have also recently weighed in on MDA. TD Securities lifted their price target on Maxar Technologies from C$81.00 to C$84.00 and gave the company a “buy” rating in a research report on Monday, July 31st. Canaccord Genuity upgraded Maxar Technologies from a “hold” rating to a “buy” rating and lifted their price target for the company from C$70.00 to C$80.00 in a research report on Monday, July 31st. Royal Bank Of Canada lifted their price target on Maxar Technologies from C$93.00 to C$94.00 and gave the company an “outperform” rating in a research report on Monday, July 31st. CIBC lifted their price target on Maxar Technologies from C$83.00 to C$90.00 in a research report on Friday, October 6th. Finally, CSFB lifted their price target on Maxar Technologies from C$93.00 to C$97.00 and gave the company an “outperform” rating in a research report on Tuesday, August 29th. Six investment analysts have rated the stock with a buy rating, Maxar Technologies currently has an average rating of “Buy” and an average price target of C$87.00.

Maxar Technologies (TSE:MDA) opened at 70.73 on Tuesday. The company’s 50 day moving average price is $68.78 and its 200-day moving average price is $67.19. Maxar Technologies has a 52 week low of $61.80 and a 52 week high of $80.28. The company has a market capitalization of $2.58 billion and a P/E ratio of 25.26.

Maxar Technologies Company Profile

MacDonald, Dettwiler and Associates Ltd. (MDA) is a Canada-based communications and information company. The Company provides operational solutions to commercial and government organizations across the world. MDA operates through two segments: Communications segment, and Surveillance and Intelligence segment.

Earnings History and Estimates for Maxar Technologies (TSE:MDA)

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