Roth Capital Weighs in on IMAX's Q2 Earnings (NYSE:IMAX)

IMAX Corporation (NYSE:IMAX - Free Report) - Equities research analysts at Roth Capital lowered their Q2 2025 earnings estimates for shares of IMAX in a report issued on Wednesday, July 9th. Roth Capital analyst E. Handler now anticipates that the company will earn $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 target 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.

IMAX (NYSE:IMAX - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping 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 posted $0.15 earnings per share. The business's revenue was up 9.6% compared to the same quarter last year.

Several other brokerages have also recently issued reports on IMAX. Wells Fargo & Company reduced their target price on IMAX from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Barrington Research restated an "outperform" rating and set a $32.00 target price on shares of IMAX in a research report on Thursday, April 24th. B. Riley restated a "buy" rating and set a $36.00 target price on shares of IMAX in a research report on Friday, May 16th. Wall Street Zen upgraded shares of IMAX from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. Finally, JPMorgan Chase & Co. decreased their target price 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. 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 stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $31.70.

IMAX Price Performance

Shares of IMAX stock traded up $0.71 during trading hours on Thursday, hitting $26.88. The stock had a trading volume of 1,003,931 shares, compared to its average volume of 791,771. IMAX has a one year low of $16.87 and a one year high of $29.66. The stock's 50-day moving average price is $27.26 and its two-hundred day moving average price is $25.50. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 57.19, a PEG ratio of 1.67 and a beta of 0.80.

IMAX declared that its board has initiated a share buyback plan on Thursday, June 12th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 6.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

Hedge Funds Weigh In On IMAX

A number of institutional investors have recently modified their holdings of IMAX. Creative Financial Designs Inc. ADV purchased a new position in shares of IMAX during the first quarter worth approximately $59,000. Tower Research Capital LLC TRC boosted its stake in shares of IMAX by 415.4% during the fourth 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 bought a new position in shares of IMAX during the first quarter valued at approximately $202,000. Wealthfront Advisers LLC bought a new position in shares of IMAX during the fourth quarter valued at approximately $217,000. Finally, State of Tennessee Department of Treasury boosted its stake in shares of IMAX by 19.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 9,827 shares of the company's stock valued at $252,000 after purchasing an additional 1,627 shares in the last quarter. 93.51% of the stock is owned by hedge funds and other institutional investors.

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.