Imax Corp Company Profile (NYSE:IMAX)

Imax Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "IMAX."

Imax Corp (NYSE:IMAX) announced its earnings results on Thursday, April, 20th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.01. The firm earned $68.70 million during the quarter, compared to the consensus estimate of $71.53 million. Imax Corp had a return on equity of 5.99% and a net margin of 10.86%. The firm's revenue for the quarter was down 25.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 EPS. View Imax Corp's Earnings History.

Imax Corp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for Imax Corp.

11 brokers have issued 1-year price targets for Imax Corp's stock. Their forecasts range from $34.00 to $46.00. On average, they anticipate Imax Corp's share price to reach $40.10 in the next year. View Analyst Ratings for Imax Corp.

Here are some recent quotes from research analysts about Imax Corp stock:

• 1. According to Zacks Investment Research, "We are impressed by IMAX's efforts to expand its operations. To this end, the company has inked multiple deals with various companies. The latest deal was inked with Majid Al Futtaim Cinemas with the objective of expanding further in the Middle East. Apart from its focus in the Middle East region, IMAX is constantly inking deals to strengthen its presence in the lucrative Chinese movie market. However, the company is exposed to increasing foreign exchange related risks as it expands its wings. Also, the company's disappointing run at the box-office lately raises concern. In fact, on the back of these headwinds shares of IMAX have underperformed the Zacks categorized Movie/TV Production/Distribution industry in the last six months." (3/28/2017)
• 2. B. Riley analysts commented, "IMAX Corporation (IMAX) is scheduled to report Q4 results on Thursday, 2/23, after the close with a call at 4:30pm ET. With IMAX global box office coming in above our modeled projection, we calculate as much as $0.04-0.05 of upside to our $0.17 estimate and a result closer to consensus. However, as 2016 has already been generally accepted as a disappointing year for IMAX, we believe the focus will be more on any outlook for improving core cinema trends in 2017 along with initial expectations for new initiative spending (allowing analysts to separate any launch costs from improving core cinema EBITDA). We believe IMAX's lagging stock performance in the current box office up-cycle provides an attractive entry point as the growing system base and associated network effect are projected to drive 50%+ core cinema EBITDA growth in 2017. We are reiterating our Buy rating and unchanged price target of $46.00." (2/15/2017)
• 3. Wedbush analysts commented, "IMAX should grow revenue and earnings in 2017 and beyond as it (1) expands internationally beyond China, (2) obtains exclusive release windows, allowing it to capture a disproportionately large percentage of box office revenues, (3) grows its film slate, particularly internationally with local language films in China, Japan, Korea, and India, and (4) expands its new content offerings, possibly including virtual reality in addition to TV pilots." (2/14/2017)

Some companies that are related to Imax Corp include ILG (ILG), Nord Anglia Education (NORD), Marriott Vacations Worldwide Corp (VAC), Regal Entertainment Group (RGC), William Hill (WIMHY), Zynga (ZNGA), AMC Entertainment Holdings (AMC), Boyd Gaming (BYD), Manchester United PLC (MANU), Nexstar Media Group (NXST), Churchill Downs (CHDN), Laureate Education (LAUR), Prestige Brands Holdings (PBH), Caesars Acquisition Company (CACQ), Wolverine World Wide (WWW), Adtalem Global Education (DV), Masonite International Corp (DOOR) and Steven Madden (SHOO).

Imax Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (4.78%), Victory Capital Management Inc. (4.75%), DF Dent & Co. Inc. (4.25%), BlackRock Inc. (3.92%), William Blair Investment Management LLC (3.88%) and Frontier Capital Management Co. LLC (3.34%). Company insiders that own Imax Corp stock include Andrew Cripps, David W Leebron, Eileen Campbell, Eric A Demirian, G Mary Ruby, Greg Foster, Jeff Vance, Jeffrey Vance, Joseph Sparacio, Mark Welton, Michael Macmillan, Richard L Gelfond and Robert D Lister. View Institutional Ownership Trends for Imax Corp.

Imax Corp's stock was sold by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Jennison Associates LLC, Kalmar Investments Inc. DE, Teachers Advisors LLC, Clough Capital Partners L P, TIAA CREF Investment Management LLC, Dimensional Fund Advisors LP and Morgan Stanley. Company insiders that have sold Imax Corp stock in the last year include Andrew Cripps, David W Leebron, Eileen Campbell, Greg Foster, Jeffrey Vance, Mark Welton, Michael Macmillan, Richard L Gelfond and Robert D Lister. View Insider Buying and Selling for Imax Corp.

Imax Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Point72 Asset Management L.P., Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Suffolk Capital Management LLC, Bank of New York Mellon Corp, California Public Employees Retirement System and Handelsbanken Fonder AB. View Insider Buying and Selling for Imax Corp.

Shares of Imax Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Imax Corp stock can currently be purchased for approximately $25.60.