Other research analysts have also recently issued research reports about the stock. National Bank Financial reissued a sector perform overweight rating on shares of Maxar Technologies in a research report on Wednesday, October 25th. Zacks Investment Research cut shares of Maxar Technologies from a hold rating to a sell rating in a research report on Thursday, February 15th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $66.20.
Shares of Maxar Technologies (NYSE:MAXR) traded down $1.13 on Tuesday, reaching $46.58. 292,061 shares of the company’s stock traded hands, compared to its average volume of 266,111. Maxar Technologies has a 52 week low of $45.15 and a 52 week high of $67.30. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.75 and a current ratio of 0.86. The firm has a market cap of $2,690.00, a PE ratio of 24.13 and a beta of 0.86.
Maxar Technologies (NYSE:MAXR) last announced its quarterly earnings results on Thursday, February 22nd. The company reported $0.29 earnings per share for the quarter. The firm had revenue of $429.23 million for the quarter. Maxar Technologies had a net margin of 5.70% and a return on equity of 8.14%. sell-side analysts predict that Maxar Technologies will post 4.59 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be given a $0.2946 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $1.18 dividend on an annualized basis and a yield of 2.53%. Maxar Technologies’s payout ratio is currently 61.14%.
Large investors have recently modified their holdings of the business. Ontario Teachers Pension Plan Board purchased a new stake in Maxar Technologies during the fourth quarter worth about $89,308,000. Schroder Investment Management Group purchased a new stake in Maxar Technologies during the fourth quarter worth about $75,177,000. Douglas Lane & Associates LLC purchased a new stake in Maxar Technologies during the fourth quarter worth about $52,103,000. Cidel Asset Management Inc. purchased a new stake in Maxar Technologies during the fourth quarter worth about $43,826,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Maxar Technologies during the fourth quarter worth about $41,399,000. Institutional investors own 67.06% of the company’s stock.
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Maxar Technologies Company Profile
Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company operates in two segments, Communications, and Surveillance and Intelligence. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.
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