IMAX Corporation (NYSE:IMAX - Free Report) - Analysts at Roth Capital dropped their Q2 2025 earnings per share estimates for IMAX in a research note issued to investors on Wednesday, July 9th. Roth Capital analyst E. Handler now anticipates that the company will post earnings of $0.12 per share for the quarter, down from their previous estimate of $0.19. Roth Capital has a "Buy" rating and a $36.00 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 $1.12 EPS.
Several other research firms have also recently issued reports on IMAX. JPMorgan Chase & Co. reduced their target price on IMAX from $27.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Barrington Research reaffirmed an "outperform" rating and issued a $32.00 price target on shares of IMAX in a research note on Thursday, April 24th. Wedbush reaffirmed an "outperform" rating and issued a $32.00 price target on shares of IMAX in a research note on Thursday, April 17th. Macquarie upped their price target on IMAX from $30.00 to $32.00 and gave the stock an "outperform" rating in a research note on Friday, April 25th. Finally, Benchmark reaffirmed a "buy" rating on shares of IMAX in a research note on Wednesday. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $31.70.
Get Our Latest Research Report on IMAX
IMAX Stock Performance
IMAX opened at $26.35 on Thursday. IMAX has a 52-week low of $16.43 and a 52-week high of $29.66. The stock has a market capitalization of $1.42 billion, a PE ratio of 56.07, a price-to-earnings-growth ratio of 1.70 and a beta of 0.80. The stock's 50 day moving average price is $27.18 and its 200-day moving average price is $25.48.
IMAX (NYSE:IMAX - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. IMAX had a return on equity of 7.79% and a net margin of 6.98%. The firm had revenue of $86.67 million for the quarter, compared to analysts' expectations of $82.95 million. During the same period in the previous year, the firm earned $0.15 earnings per share. The business's revenue was up 9.6% compared to the same quarter last year.
IMAX declared that its board has authorized a share repurchase plan on Thursday, June 12th that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to reacquire up to 6.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its shares are undervalued.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of IMAX. FMR LLC lifted its holdings in shares of IMAX by 14.2% during the fourth quarter. FMR LLC now owns 4,508,583 shares of the company's stock valued at $115,420,000 after purchasing an additional 558,940 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of IMAX by 2,496.9% during the first quarter. Jane Street Group LLC now owns 573,919 shares of the company's stock valued at $15,123,000 after purchasing an additional 551,819 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in IMAX by 36.9% in the fourth quarter. Ameriprise Financial Inc. now owns 1,823,516 shares of the company's stock valued at $46,671,000 after acquiring an additional 491,172 shares during the period. Orbis Allan Gray Ltd lifted its holdings in IMAX by 12.3% in the first quarter. Orbis Allan Gray Ltd now owns 3,882,766 shares of the company's stock valued at $102,311,000 after acquiring an additional 425,081 shares during the period. Finally, Driehaus Capital Management LLC bought a new position in IMAX in the first quarter valued at about $11,181,000. 93.51% of the stock is owned by institutional investors.
About IMAX
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider IMAX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IMAX wasn't on the list.
While IMAX currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
