IMAX Corporation (NYSE:IMAX – Free Report) – Stock analysts at Roth Capital boosted their Q3 2025 EPS estimates for shares of IMAX in a research report issued on Tuesday, October 14th. Roth Capital analyst E. Handler now expects that the company will post earnings of $0.34 per share for the quarter, up from their previous estimate of $0.20. Roth Capital currently has a “Buy” rating and a $40.00 price objective on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for IMAX’s FY2026 earnings at $1.30 EPS and FY2027 earnings at $1.32 EPS.
IMAX has been the subject of a number of other research reports. Wedbush upped their price objective on shares of IMAX from $35.00 to $39.00 and gave the company an “outperform” rating in a research report on Monday, September 22nd. JPMorgan Chase & Co. upped their price objective on shares of IMAX from $28.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. The Goldman Sachs Group restated a “sell” rating on shares of IMAX in a research report on Friday, July 25th. Rosenblatt Securities upped their price objective on shares of IMAX from $37.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of IMAX in a research report on Wednesday, October 8th. Nine research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, IMAX presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.10.
IMAX Stock Performance
Shares of IMAX stock opened at $31.62 on Thursday. The firm has a fifty day moving average of $30.08 and a two-hundred day moving average of $27.52. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 52.70, a PEG ratio of 2.04 and a beta of 0.62. IMAX has a 52 week low of $19.91 and a 52 week high of $34.14.
IMAX (NYSE:IMAX – Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.19 by $0.07. The company had revenue of $91.68 million during the quarter, compared to analysts’ expectations of $93.04 million. IMAX had a net margin of 9.04% and a return on equity of 8.62%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.
Insiders Place Their Bets
In related news, insider Kenneth Ian Weissman sold 15,072 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $25.65, for a total value of $386,596.80. Following the completion of the transaction, the insider directly owned 26,133 shares of the company’s stock, valued at approximately $670,311.45. This represents a 36.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Robert D. Lister sold 20,000 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $32.80, for a total transaction of $656,000.00. Following the transaction, the vice president owned 161,421 shares of the company’s stock, valued at approximately $5,294,608.80. This represents a 11.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. 23.18% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On IMAX
A number of large investors have recently modified their holdings of the business. TD Waterhouse Canada Inc. boosted its position in shares of IMAX by 125.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares in the last quarter. Neuberger Berman Group LLC boosted its position in shares of IMAX by 4.1% during the 1st quarter. Neuberger Berman Group LLC now owns 13,838 shares of the company’s stock worth $365,000 after acquiring an additional 542 shares in the last quarter. Legal & General Group Plc boosted its position in shares of IMAX by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 50,969 shares of the company’s stock worth $1,425,000 after acquiring an additional 756 shares in the last quarter. XTX Topco Ltd boosted its position in shares of IMAX by 3.7% during the 2nd quarter. XTX Topco Ltd now owns 23,541 shares of the company’s stock worth $658,000 after acquiring an additional 842 shares in the last quarter. Finally, Mission Wealth Management LP boosted its position in shares of IMAX by 2.9% during the 1st quarter. Mission Wealth Management LP now owns 30,408 shares of the company’s stock worth $801,000 after acquiring an additional 845 shares in the last quarter. 93.51% of the stock is currently owned by institutional investors and hedge funds.
About 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.
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