Should I buy or sell IMAX stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IMAX shares. View IMAX analyst ratings or view top-rated stocks .

What is IMAX's stock price target for 2024?

7 Wall Street research analysts have issued 1-year price objectives for IMAX's stock. Their IMAX share price targets range from $13.00 to $25.00. On average, they predict the company's share price to reach $20.57 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View analysts price targets for IMAX or view top-rated stocks among Wall Street analysts .

How have IMAX shares performed in 2024?

IMAX's stock was trading at $15.02 at the beginning of the year. Since then, IMAX stock has increased by 12.8% and is now trading at $16.94. View the best growth stocks for 2024 here .

When is IMAX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our IMAX earnings forecast .

How can I listen to IMAX's earnings call?

IMAX will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were IMAX's earnings last quarter?

IMAX Co. (NYSE:IMAX) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.12. The company had revenue of $86.02 million for the quarter, compared to the consensus estimate of $85.83 million. IMAX had a net margin of 6.76% and a trailing twelve-month return on equity of 9.59%. The firm's quarterly revenue was down 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS.

What ETF holds IMAX's stock?

Innovator IBD Breakout Opportunities ETF holds 16,512 shares of IMAX stock, representing 2.33% of its portfolio.

What is Richard L. Gelfond's approval rating as IMAX's CEO?

36 employees have rated IMAX Chief Executive Officer Richard L. Gelfond on Glassdoor.com . Richard L. Gelfond has an approval rating of 63% among the company's employees. This puts Richard L. Gelfond in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of IMAX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IMAX investors own include Stillwater Mining (SWC) , Integrated Device Technology (IDTI) , Turquoise Hill Resources (TRQ) , Skyworks Solutions (SWKS) , Progenics Pharmaceuticals (PGNX) , InvenSense (INVN) , Walt Disney (DIS) , Intel (INTC) , Tesla (TSLA) and Gilead Sciences (GILD) .

Who are IMAX's major shareholders?

IMAX's stock is owned by many different retail and institutional investors. Top institutional investors include Partnership Wealth Management LLC (0.02%). Insiders that own company stock include Calamera Pablo, Denny Tu, Jacqueline Bassani , Kenneth Ian Weissman , Mark Welton , Megan Colligan, Richard L Gelfond and Robert D Lister. View institutional ownership trends .

How do I buy shares of IMAX?

Shares of IMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:IMAX

IMAX (IMAX) Stock Price, News & Analysis

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$16.92

+0.59 (+3.61%)

(As of 03:09 PM ET)

Compare

Today's Range: $16.16
▼
$16.94
50-Day Range: $13.54
▼
$17.54
52-Week Range: $13.20
▼
$21.82

Volume: 567,400 shs
Average Volume: 820,975 shs
Market Capitalization: $895.93 million

P/E Ratio: 36.78
Dividend Yield: N/A
Price Target: $20.57

Get IMAX alerts:

IMAX MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 21.4% Upside
$20.57 Price Target
Short Interest: Healthy
6.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.16
Based on 28 Articles This Week
Insider Trading: Selling Shares
$421,750 Sold Last Quarter
Proj. Earnings Growth: 44.83%
From $0.58 to $0.84 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Consumer Discretionary Sector

59th out of 262 stocks

Photographic Equipment & Supplies Industry

1st out of 2 stocks

3.3

Analyst's Opinion

Consensus Rating
IMAX has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 5 buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
IMAX has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
6.88% of the float of IMAX has been sold short.
Short Interest Ratio / Days to Cover
IMAX has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IMAX has recently decreased by 2.33%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
IMAX does not currently pay a dividend.
Dividend Growth
IMAX does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IMAX.

1.8

News and Social Media Coverage

News Sentiment
IMAX has a news sentiment score of 0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for IMAX this week, compared to 13 articles on an average week.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IMAX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $421,750.00 in company stock.
Percentage Held by Insiders
24.33% of the stock of IMAX is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
93.51% of the stock of IMAX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for IMAX are expected to grow by 44.83% in the coming year, from $0.58 to $0.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IMAX is 36.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of IMAX is 36.83, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.85.
Price to Earnings Growth Ratio
IMAX has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IMAX has a P/B Ratio of 2.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About IMAX Stock (NYSE:IMAX)

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. It also offers preventative and emergency maintenance services and quality monitoring to the IMAX network; film post-production services; and IMAX film and digital cameras to content creators. In addition, the company engages in the distribution of large-format documentary films to institutional theaters, as well as live performances and interactive events with artists and creators; after-market sales of IMAX System parts and 3D glasses; sale or lease of IMAX theater systems; provision of management services to three other theaters, as well as production advice and technical assistance to documentary and Hollywood filmmakers; and rental of company's proprietary 2D and 3D large-format film cameras. The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions. It offers its services under the IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAXTM, IMAX Live, IMAX Enhanced, and SSIMWAVE. The company operates a network of IMAX systems comprising commercial multiplexes, commercial destinations, and institutional locations in 90 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

IMAX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IMAX Stock News Headlines

March 16, 2024 | insidertrades.com

IMAX Co. (NYSE:IMAX) VP Robert D. Lister Sells 25,000 Shares

April 15, 2024 | msn.com

IMAX and the Marvelous Magic of Disney Come to NAB Show

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.

April 15, 2024 | msn.com

Freddie Mercury: Queen Rock Montreal IMAX movie's Disney+ release date announced

April 15, 2024 | americanbankingnews.com

Roth Capital Brokers Lower Earnings Estimates for IMAX Co. (NYSE:IMAX)

April 13, 2024 | americanbankingnews.com

IMAX Co. Expected to Earn Q1 2024 Earnings of $0.07 Per Share (NYSE:IMAX)

April 12, 2024 | msn.com

Interstellar to rerelease in Imax 70mm later this year

April 12, 2024 | msn.com

Christopher Nolan's Interstellar to Re-Release in IMAX 70MM This Fall

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 12, 2024 | msn.com

Christopher Nolan’s ‘Interstellar’ Getting Re-Released In Imax, 70MM For 10th Anniversary – CinemaCon

April 11, 2024 | msn.com

After Tenet's IMAX Re-release, I Want To See These 16 Movies Brought Back To The Format

April 11, 2024 | yahoo.com

Christopher Nolan’s Interstellar Receiving IMAX Re-Release for 10th Anniversary

April 11, 2024 | msn.com

Christopher Nolan's ‘Interstellar' Getting Re-Released In Imax, 70MM For 10th Anniversary – CinemaCon

April 11, 2024 | msn.com

Christopher Nolan’s ‘Interstellar’ Sets Imax 70mm Re-Release for 10th Anniversary This Fall

April 11, 2024 | prnewswire.com

IMAX Corporation to Announce First-Quarter 2024 Financial Results and Host Conference Call

April 11, 2024 | americanbankingnews.com

IMAX (NYSE:IMAX) Given Buy Rating at Benchmark

April 11, 2024 | americanbankingnews.com

IMAX (NYSE:IMAX) Rating Reiterated by Wedbush

April 10, 2024 | prnewswire.com

IMAX® And Miraj Cinemas Enter Partnership With Three New IMAX With Laser Locations Across India

April 10, 2024 | businessinsider.com

'Joker 2' will be available in Imax 70mm, CEO says

April 9, 2024 | forbes.com

Wild Salmon And Cast Of Iconic Species To Headline New IMAX Film

April 9, 2024 | prnewswire.com

IMAX and Bona Film Group Expand Partnership with Three New IMAX Locations in China

April 9, 2024 | prnewswire.com

IMAX® And Major Cineplex Expand Longstanding Partnership with Three New IMAX With Laser Locations Across Thailand

April 9, 2024 | americanbankingnews.com

IMAX Co. (NYSE:IMAX) Receives Average Recommendation of "Moderate Buy" from Analysts

April 8, 2024 | msn.com

Dune 2 Announced IMAX Run Extension With Cute Solar Eclipse-Themed Poster

April 8, 2024 | msn.com

Exploring the Superiority of Dolby Cinema Over IMAX: Insights from a Dolby Executive

April 8, 2024 | msn.com

‘Dune: Part Two’ Getting Extended Imax Run This Month

April 8, 2024 | seekingalpha.com

IMAX Corporation: Good Reasons To Be Bullish

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Photographic equipment & supplies
Sub-Industry: N/A
Current Symbol: NYSE:IMAX
CUSIP: N/A
CIK: 921582
Web: www.imax.com
Phone: (905) 403-6500
Fax: 905-403-6408
Employees: 669
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.57
High Stock Price Target: $25.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +22.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.46
Trailing P/E Ratio: 36.61
Forward P/E Ratio: 29.03
P/E Growth: 1.43
Net Income: $25.33 million
Net Margins: 6.76%
Pretax Margin: 12.30%
Return on Equity: 9.59%
Return on Assets: 3.98%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.00
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $374.84 million
Price / Sales: 2.38
Cash Flow: $1.80 per share
Price / Cash Flow: 9.34
Book Value: $6.32 per share
Price / Book: 2.66

Miscellaneous

Outstanding Shares: 52,951,000
Free Float: 40,068,000
Market Cap: $891.69 million
Optionable: Optionable
Beta: 1.25

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Key Executives

Mr. Richard Lewis Gelfond (Age 68)
CEO & Director
Comp: $2.54M
Ms. Natasha Fernandes (Age 42)
Executive VP & CFO
Comp: $792.4k
Mr. Robert Darin Lister (Age 55)
Chief Legal Officer & Senior EVP
Comp: $1.32M
Mr. Mark Welton (Age 60)
President of IMAX Theatres
Comp: $1.13M
Mr. Graeme Ferguson
Co-Founder
Mr. Bruce Markoe (Age 67)
Senior Vice President of Post Production, Operations & DMR
Ms. Heather Anthony (Age 52)
Head of Enterprise Transformation
Mr. Pablo Calamera (Age 61)
Executive VP & CTO
Ms. Jennifer Horsley
Senior VP & Head of Investor Relations
Mr. Mark Jafar
Global Head of Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IMAX Stock Analysis - Frequently Asked Questions

Should I buy or sell IMAX stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IMAX shares.
View IMAX analyst ratings or view top-rated stocks.
What is IMAX's stock price target for 2024?: 7 Wall Street research analysts have issued 1-year price objectives for IMAX's stock. Their IMAX share price targets range from $13.00 to $25.00. On average, they predict the company's share price to reach $20.57 in the next year. This suggests a possible upside of 21.4% from the stock's current price.
View analysts price targets for IMAX or view top-rated stocks among Wall Street analysts.
How have IMAX shares performed in 2024?: IMAX's stock was trading at $15.02 at the beginning of the year. Since then, IMAX stock has increased by 12.8% and is now trading at $16.94.
View the best growth stocks for 2024 here.
When is IMAX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our IMAX earnings forecast.
How can I listen to IMAX's earnings call?: IMAX will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were IMAX's earnings last quarter?: IMAX Co. (NYSE:IMAX) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.12. The company had revenue of $86.02 million for the quarter, compared to the consensus estimate of $85.83 million. IMAX had a net margin of 6.76% and a trailing twelve-month return on equity of 9.59%. The firm's quarterly revenue was down 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS.

What ETF holds IMAX's stock?: Innovator IBD Breakout Opportunities ETF holds 16,512 shares of IMAX stock, representing 2.33% of its portfolio.
What is Richard L. Gelfond's approval rating as IMAX's CEO?: 36 employees have rated IMAX Chief Executive Officer Richard L. Gelfond on Glassdoor.com. Richard L. Gelfond has an approval rating of 63% among the company's employees. This puts Richard L. Gelfond in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of IMAX own?: Based on aggregate information from My MarketBeat watchlists, some companies that other IMAX investors own include Stillwater Mining (SWC), Integrated Device Technology (IDTI), Turquoise Hill Resources (TRQ), Skyworks Solutions (SWKS), Progenics Pharmaceuticals (PGNX), InvenSense (INVN), Walt Disney (DIS), Intel (INTC), Tesla (TSLA) and Gilead Sciences (GILD).
Who are IMAX's major shareholders?: IMAX's stock is owned by many different retail and institutional investors. Top institutional investors include Partnership Wealth Management LLC (0.02%). Insiders that own company stock include Calamera Pablo, Denny Tu, Jacqueline Bassani, Kenneth Ian Weissman, Mark Welton, Megan Colligan, Richard L Gelfond and Robert D Lister.
View institutional ownership trends.
How do I buy shares of IMAX?: Shares of IMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IMAX) was last updated on 4/16/2024 by MarketBeat.com Staff

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IMAX (IMAX) Stock Price, News & Analysis

IMAX MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About IMAX Stock (NYSE:IMAX)

IMAX Stock Price History

IMAX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

IMAX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™