Macdonald Dettwiler & Associates Ltd (MDA) to Release Quarterly Earnings on Thursday

Macdonald Dettwiler & Associates Ltd (TSE:MDA) is set to announce its earnings results on Thursday, July 28th. Analysts expect the company to announce earnings of $1.19 per share for the quarter.

Shares of Macdonald Dettwiler & Associates Ltd (TSE:MDA) traded up 1.16% on Wednesday, hitting $85.24. 36,149 shares of the company’s stock were exchanged. The stock has a market cap of $3.09 billion and a price-to-earnings ratio of 21.95. Macdonald Dettwiler & Associates Ltd has a 12-month low of $70.55 and a 12-month high of $92.92. The company’s 50-day moving average price is $83.90 and its 200 day moving average price is $85.41.

Several equities analysts have commented on MDA shares. TD Securities reiterated a “buy” rating and issued a C$105.00 target price on shares of Macdonald Dettwiler & Associates in a research report on Tuesday, July 19th. Scotiabank reissued a “sector perform” rating and issued a C$88.00 price target on shares of Macdonald Dettwiler & Associates in a research note on Wednesday, May 25th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a C$103.00 price target on shares of Macdonald Dettwiler & Associates in a research note on Friday, July 22nd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Macdonald Dettwiler & Associates has an average rating of “Hold” and a consensus target price of C$94.29.

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.