IMAX (IMAX) to Release Earnings on Thursday

IMAX (NYSE:IMAX) is anticipated to release its Q2 2025 earnings data before the market opens on Thursday, July 24th. Analysts expect IMAX to post earnings of $0.19 per share and revenue of $93.04 million for the quarter.

IMAX (NYSE:IMAX) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. IMAX had a net margin of 6.98% and a return on equity of 7.79%. The firm had revenue of $86.67 million for the quarter, compared to the consensus estimate of $82.95 million. During the same period last year, the firm posted $0.15 earnings per share. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, analysts expect IMAX to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IMAX Trading Up 1.4%

IMAX stock opened at $28.26 on Thursday. IMAX has a 12-month low of $16.87 and a 12-month high of $29.66. The stock has a market cap of $1.52 billion, a P/E ratio of 60.13, a PEG ratio of 2.15 and a beta of 0.80. The company has a 50-day moving average price of $27.44 and a 200 day moving average price of $25.56.

IMAX announced that its board has initiated a stock buyback program on Thursday, June 12th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on IMAX. Benchmark restated a “buy” rating on shares of IMAX in a research report on Wednesday, July 9th. Wall Street Zen upgraded shares of IMAX from a “hold” rating to a “buy” rating in a research report on Friday, May 16th. Roth Capital restated a “buy” rating and set a $36.00 price objective on shares of IMAX in a research report on Wednesday, July 9th. B. Riley restated a “buy” rating and set a $36.00 price objective on shares of IMAX in a research report on Friday, May 16th. Finally, Wells Fargo & Company dropped their price target on shares of IMAX from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, IMAX has an average rating of “Buy” and a consensus target price of $31.70.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IMAX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of IMAX by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,486 shares of the company’s stock valued at $672,000 after purchasing an additional 1,091 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of IMAX by 47.9% in the first quarter. AQR Capital Management LLC now owns 56,348 shares of the company’s stock valued at $1,485,000 after purchasing an additional 18,238 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of IMAX by 7.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 159,714 shares of the company’s stock valued at $4,208,000 after purchasing an additional 11,736 shares in the last quarter. 93.51% of the stock is currently owned by institutional investors and hedge funds.

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.