Seaport Res Ptn Has Negative Estimate for IMAX Q4 Earnings

IMAX Corporation (NYSE:IMAX - Free Report) - Equities researchers at Seaport Res Ptn decreased their Q4 2025 earnings estimates for IMAX in a research report issued to clients and investors on Thursday, July 10th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of $0.25 for the quarter, down from their previous estimate of $0.26. The consensus estimate for IMAX's current full-year earnings is $0.91 per share.

IMAX (NYSE:IMAX - Get Free Report) last issued 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. IMAX had a net margin of 6.98% and a return on equity of 7.79%. The business had revenue of $86.67 million for the quarter, compared to analysts' expectations of $82.95 million. During the same quarter last year, the company posted $0.15 earnings per share. The company's quarterly revenue was up 9.6% compared to the same quarter last year.

Several other equities analysts have also recently commented on the stock. Roth Capital reaffirmed a "buy" rating and set a $36.00 price target on shares of IMAX in a research report on Wednesday. Wells Fargo & Company dropped their price objective on shares of IMAX from $32.00 to $30.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Rosenblatt Securities reiterated a "buy" rating and set a $35.00 price objective on shares of IMAX in a research note on Monday, June 16th. JPMorgan Chase & Co. dropped their price objective on shares of IMAX from $27.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Finally, Barrington Research reiterated an "outperform" rating and set a $32.00 price objective on shares of IMAX in a research note on Thursday, April 24th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $31.70.

IMAX Stock Performance

Shares of IMAX stock opened at $26.17 on Friday. IMAX has a one year low of $16.62 and a one year high of $29.66. The company's 50-day simple moving average is $27.22 and its 200-day simple moving average is $25.49. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 55.68, a PEG ratio of 1.66 and a beta of 0.80.

Institutional Investors Weigh In On IMAX

Several large investors have recently made changes to their positions in IMAX. Creative Financial Designs Inc. ADV acquired a new position in shares of IMAX during the first quarter valued at approximately $59,000. Tower Research Capital LLC TRC increased 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 acquiring an additional 5,832 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of IMAX during the first quarter valued at approximately $202,000. Wealthfront Advisers LLC acquired a new position in shares of IMAX during the fourth quarter valued at approximately $217,000. Finally, State of Tennessee Department of Treasury increased 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 acquiring an additional 1,627 shares during the period. Institutional investors and hedge funds own 93.51% of the company's stock.

IMAX declared that its board has approved a share buyback plan on Thursday, June 12th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 6.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors 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.

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