Q2 Earnings Estimate for IMAX Issued By Wedbush (NYSE:IMAX)

IMAX Corporation (NYSE:IMAX - Free Report) - Equities research analysts at Wedbush increased their Q2 2025 EPS estimates for IMAX in a note issued to investors on Friday, July 11th. Wedbush analyst A. Reese now anticipates that the company will post earnings per share of $0.11 for the quarter, up from their previous estimate of $0.09. Wedbush currently has a "Outperform" rating on the stock. The consensus estimate for IMAX's current full-year earnings is $0.91 per share. Wedbush also issued estimates for IMAX's Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $0.78 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.41 EPS, FY2026 earnings at $1.04 EPS and FY2027 earnings at $1.34 EPS.

A number of other research firms have also recently issued reports on IMAX. Rosenblatt Securities reiterated a "buy" rating and issued a $35.00 target price on shares of IMAX in a research note on Friday, July 11th. Roth Capital reissued a "buy" rating and issued a $36.00 price target on shares of IMAX in a research report on Wednesday, July 9th. JPMorgan Chase & Co. dropped their price target on shares of IMAX from $27.00 to $26.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Wall Street Zen raised shares of IMAX from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. Finally, Barrington Research reissued an "outperform" rating and issued a $32.00 price target on shares of IMAX in a research report on Thursday, April 24th. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $31.70.

IMAX Trading Up 1.0%

NYSE IMAX traded up $0.28 during trading on Monday, reaching $28.56. The company's stock had a trading volume of 1,180,272 shares, compared to its average volume of 800,209. The stock has a market capitalization of $1.53 billion, a PE ratio of 60.76, a PEG ratio of 2.18 and a beta of 0.80. The business has a 50-day moving average price of $27.49 and a 200-day moving average price of $25.59. IMAX has a 1-year low of $17.44 and a 1-year high of $29.66.

IMAX (NYSE:IMAX - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The business had revenue of $86.67 million during the quarter, compared to analysts' expectations of $82.95 million. IMAX had a net margin of 6.98% and a return on equity of 7.79%. The firm's quarterly revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company posted $0.15 earnings per share.

Institutional Investors Weigh In On IMAX

Institutional investors and hedge funds have recently made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of IMAX in the 1st quarter valued at $59,000. Ridgewood Investments LLC acquired a new stake in shares of IMAX in the 2nd quarter valued at $62,000. Tower Research Capital LLC TRC boosted its stake in shares of IMAX by 415.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,236 shares of the company's stock valued at $185,000 after purchasing an additional 5,832 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of IMAX in the 1st quarter valued at $202,000. Finally, Wealthfront Advisers LLC acquired a new stake in shares of IMAX in the 4th quarter valued at $217,000. Institutional investors and hedge funds own 93.51% of the company's stock.

IMAX announced that its Board of Directors has approved a stock buyback plan on Thursday, June 12th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 6.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

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.