Free Trial
NYSE:IMAX

IMAX (IMAX) Stock Price, News & Analysis

$16.64
+0.30 (+1.84%)
(As of 05/29/2024 ET)
Today's Range
$16.22
$16.80
50-Day Range
$15.71
$17.71
52-Week Range
$13.20
$20.70
Volume
873,626 shs
Average Volume
843,880 shs
Market Capitalization
$875.60 million
P/E Ratio
34.67
Dividend Yield
N/A
Price Target
$20.57

IMAX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
23.6% Upside
$20.57 Price Target
Short Interest
Bearish
12.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.02mentions of IMAX in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$526,266 Sold Last Quarter
Proj. Earnings Growth
40.98%
From $0.61 to $0.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.96 out of 5 stars

Consumer Discretionary Sector

151st out of 270 stocks

Photographic Equipment & Supplies Industry

2nd out of 2 stocks

IMAX stock logo

About IMAX Stock (NYSE:IMAX)

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. It also offers preventative and emergency maintenance services and quality monitoring to the IMAX network; film post-production services; and IMAX film and digital cameras to content creators. In addition, the company engages in the distribution of large-format documentary films to institutional theaters, as well as live performances and interactive events with artists and creators; after-market sales of IMAX System parts and 3D glasses; sale or lease of IMAX theater systems; provision of management services to three other theaters, as well as production advice and technical assistance to documentary and Hollywood filmmakers; and rental of company's proprietary 2D and 3D large-format film cameras. The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquaria, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions. It offers its services under the IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAXTM, IMAX Live, IMAX Enhanced, and SSIMWAVE. The company operates a network of IMAX systems comprising commercial multiplexes, commercial destinations, and institutional locations in 90 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

IMAX Stock Price History

IMAX Stock News Headlines

3 Media Stocks to Buy While AMC Continues Falling
See More Headlines
Receive IMAX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for IMAX and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/25/2024
Today
5/29/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Photographic equipment & supplies
Sub-Industry
N/A
Employees
669
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.57
High Stock Price Target
$25.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+24.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$25.33 million
Pretax Margin
12.72%

Debt

Sales & Book Value

Annual Sales
$374.84 million
Cash Flow
$1.72 per share
Book Value
$6.32 per share

Miscellaneous

Free Float
39,953,000
Market Cap
$869.28 million
Optionable
Optionable
Beta
1.22
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Mr. Richard Lewis Gelfond (Age 68)
    CEO & Director
    Comp: $2.54M
  • Ms. Natasha Fernandes (Age 42)
    Executive VP & CFO
    Comp: $792.4k
  • Mr. Robert Darin Lister (Age 55)
    Chief Legal Officer & Senior EVP
    Comp: $1.32M
  • Mr. Mark WeltonMr. Mark Welton (Age 60)
    President of IMAX Theatres
    Comp: $1.13M
  • Mr. Graeme Ferguson
    Co-Founder
  • Mr. Bruce Markoe (Age 67)
    Senior Vice President of Post Production, Operations & DMR
  • Ms. Heather Anthony (Age 52)
    Head of Enterprise Transformation
  • Mr. Pablo Calamera (Age 61)
    Executive VP & CTO
  • Ms. Jennifer Horsley
    Senior VP & Head of Investor Relations
  • Mr. Mark Jafar
    Global Head of Corporate Communications

IMAX Stock Analysis - Frequently Asked Questions

Should I buy or sell IMAX stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IMAX shares.
View IMAX analyst ratings
or view top-rated stocks.

What is IMAX's stock price target for 2024?

7 equities research analysts have issued 1 year target prices for IMAX's stock. Their IMAX share price targets range from $13.00 to $25.00. On average, they expect the company's stock price to reach $20.57 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for IMAX
or view top-rated stocks among Wall Street analysts.

How have IMAX shares performed in 2024?

IMAX's stock was trading at $15.02 at the beginning of the year. Since then, IMAX stock has increased by 10.9% and is now trading at $16.65.
View the best growth stocks for 2024 here
.

Are investors shorting IMAX?

IMAX saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,300,000 shares, an increase of 20.2% from the April 30th total of 4,410,000 shares. Based on an average trading volume of 850,800 shares, the days-to-cover ratio is currently 6.2 days. Approximately 12.5% of the shares of the company are sold short.
View IMAX's Short Interest
.

When is IMAX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our IMAX earnings forecast
.

How were IMAX's earnings last quarter?

IMAX Co. (NYSE:IMAX) announced its earnings results on Thursday, April, 25th. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.05. The company had revenue of $79.12 million for the quarter, compared to analyst estimates of $77.88 million. IMAX had a net margin of 7.13% and a trailing twelve-month return on equity of 9.47%.

What is Richard L. Gelfond's approval rating as IMAX's CEO?

36 employees have rated IMAX Chief Executive Officer Richard L. Gelfond on Glassdoor.com. Richard L. Gelfond has an approval rating of 63% among the company's employees. This puts Richard L. Gelfond in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of IMAX own?
Who are IMAX's major shareholders?

IMAX's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.11%), Acadian Asset Management LLC (0.93%), Peregrine Capital Management LLC (0.71%), Pembroke Management LTD (0.67%), Mizuho Markets Americas LLC (0.41%) and Mutual of America Capital Management LLC (0.33%). Insiders that own company stock include Calamera Pablo, Denny Tu, Jacqueline Bassani, Mark Welton, Megan Colligan, Richard L Gelfond and Robert D Lister.
View institutional ownership trends
.

How do I buy shares of IMAX?

Shares of IMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IMAX) was last updated on 5/29/2024 by MarketBeat.com Staff

From Our Partners