Posted by Defense World Staff on Apr 25th, 2025
IMAX Co. (NYSE:IMAX – Free Report) – Stock analysts at Roth Capital reduced their Q1 2025 EPS estimates for IMAX in a research note issued on Tuesday, April 22nd. Roth Capital analyst E. Handler now anticipates that the company will post earnings per share of $0.06 for the quarter, down from their previous forecast of $0.15. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for IMAX’s FY2025 earnings at $0.96 EPS, FY2026 earnings at $1.14 EPS and FY2027 earnings at $1.17 EPS.
IMAX (NYSE:IMAX – Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.14). IMAX had a return on equity of 8.60% and a net margin of 7.40%. The company had revenue of $92.67 million during the quarter, compared to analysts’ expectations of $104.08 million.
A number of other research analysts have also weighed in on IMAX. JPMorgan Chase & Co. cut their target price on shares of IMAX from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, April 11th. Wells Fargo & Company dropped their price objective on shares of IMAX from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Thursday. Barrington Research restated an “outperform” rating and set a $32.00 target price on shares of IMAX in a research report on Thursday. Benchmark reaffirmed a “buy” rating and issued a $30.00 price target on shares of IMAX in a report on Thursday, April 10th. Finally, StockNews.com cut IMAX from a “buy” rating to a “hold” rating in a research note on Thursday, March 27th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, IMAX has a consensus rating of “Moderate Buy” and an average price target of $30.33.
Get Our Latest Stock Report on IMAX
IMAX Price Performance
NYSE IMAX opened at $23.29 on Thursday. IMAX has a 1-year low of $14.94 and a 1-year high of $27.77. The business has a 50 day simple moving average of $24.76 and a two-hundred day simple moving average of $24.27. The stock has a market capitalization of $1.23 billion, a PE ratio of 47.53, a P/E/G ratio of 1.49 and a beta of 0.91.
Institutional Investors Weigh In On IMAX
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IMAX. FMR LLC increased its position in shares of IMAX by 14.2% during the fourth quarter. FMR LLC now owns 4,508,583 shares of the company’s stock worth $115,420,000 after acquiring an additional 558,940 shares during the period. Ameriprise Financial Inc. increased its holdings in IMAX by 36.9% during the 4th quarter. Ameriprise Financial Inc. now owns 1,823,516 shares of the company’s stock worth $46,671,000 after purchasing an additional 491,172 shares during the period. Wells Fargo & Company MN raised its position in IMAX by 45.4% during the 4th quarter. Wells Fargo & Company MN now owns 624,510 shares of the company’s stock valued at $15,987,000 after purchasing an additional 194,917 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of IMAX by 11.0% in the 4th quarter. Vanguard Group Inc. now owns 612,115 shares of the company’s stock worth $15,670,000 after buying an additional 60,762 shares during the period. Finally, Oberweis Asset Management Inc. grew its position in shares of IMAX by 29.7% during the 4th quarter. Oberweis Asset Management Inc. now owns 579,600 shares of the company’s stock worth $14,838,000 after buying an additional 132,600 shares in the last quarter. Institutional investors own 93.51% of the company’s stock.
IMAX Company Profile
IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.
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