NYSE:IMAX IMAX (IMAX) Stock Forecast, Price & News $19.32 +0.30 (+1.58%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$19.08▼$19.6150-Day Range$16.89▼$19.6752-Week Range$12.13▼$21.82Volume417,437 shsAverage Volume384,072 shsMarket Capitalization$1.06 billionP/E Ratio241.53Dividend YieldN/APrice Target$22.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media IMAX MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside17.8% Upside$22.75 Price TargetShort InterestBearish6.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.15Based on 11 Articles This WeekInsider TradingSelling Shares$66,734 Sold Last QuarterProj. Earnings Growth12.00%From $0.50 to $0.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.82 out of 5 starsConsumer Discretionary Sector236th out of 270 stocksPhotographic Equipment & Supplies Industry2nd out of 2 stocks 2.3 Analyst's Opinion Consensus RatingIMAX has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 7 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.75, IMAX has a forecasted upside of 17.8% from its current price of $19.32.Amount of Analyst CoverageIMAX has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.29% of the float of IMAX has been sold short.Short Interest Ratio / Days to CoverIMAX has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in IMAX has recently increased by 1.82%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldIMAX does not currently pay a dividend.Dividend GrowthIMAX does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IMAX. Previous Next 1.8 News and Social Media Coverage News SentimentIMAX has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 11 news articles for IMAX this week, compared to 8 articles on an average week.MarketBeat FollowsOnly 2 people have added IMAX to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IMAX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $66,734.00 in company stock.Percentage Held by Insiders24.33% of the stock of IMAX is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions75.18% of the stock of IMAX is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for IMAX are expected to grow by 12.00% in the coming year, from $0.50 to $0.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IMAX is 241.53, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.30.Price to Earnings Ratio vs. SectorThe P/E ratio of IMAX is 241.53, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.07.Price to Earnings Growth RatioIMAX has a PEG Ratio of 1.92. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIMAX has a P/B Ratio of 3.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About IMAX (NYSE:IMAX) StockIMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates through three segments: IMAX Technology Network; IMAX Technology Sales and Maintenance; and Film Distribution and Post-Production. 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 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; operation of IMAX theater; 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. 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 LiveTM, IMAX Enhanced, and SSIMWAVE. The company operates a network of IMAX systems comprising commercial multiplexes, commercial destinations, and institutional facilities in 87 countries and territories. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.Read More IMAX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMAX Stock News HeadlinesSeptember 30, 2023 | msn.comBarbie: The 3 Best Scenes From The IMAX Re-Release You Didn't See The First TimeSeptember 30, 2023 | americanbankingnews.comIMAX (NYSE:IMAX) Stock Price Crosses Above 50-Day Moving Average of $18.87September 30, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 28, 2023 | yahoo.comThe 'Barbie' IMAX Version Has New Footage—Here's What You Might've MissedSeptember 28, 2023 | msn.com‘Stop Making Sense’ in IMAX: Same as it ever was, but bigger and even betterSeptember 27, 2023 | nasdaq.comISS Recommends IMAX China Shareholders Vote For Privatization Transaction With IMAXSeptember 26, 2023 | msn.comMJR Southgate getting IMAX auditorium this fallSeptember 26, 2023 | msn.com“Barbie”'s IMAX post-credits scene explained, from Barney the divorcee to 'Boys Just Want to Have Fun' spoofSeptember 30, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 26, 2023 | detroitnews.comGoing big: MJR Theatres bringing IMAX screen to downriver area this fallSeptember 25, 2023 | msn.comIMAX backs IMAX China deal as Letko plans to vote against going privateSeptember 25, 2023 | msn.comImax Tussles With Canadian Investor Over China BuyoutSeptember 23, 2023 | msn.comDenis Villeneuve Calls IMAX Releases ‘the Future of Cinema'September 22, 2023 | americanbankingnews.comIMAX Co. (NYSE:IMAX) Given Average Recommendation of "Moderate Buy" by AnalystsSeptember 21, 2023 | msn.com‘Stop Making Sense' Parties & Discos: Imax Weekend Sales Selling Out; Talking Heads Santa Monica Reunion Draws John C. Reilly, Stephanie Hsu, MoreSeptember 21, 2023 | msn.comBarbie’s Greta Gerwig Explains Why People Should Plan A Re-Watch For Its IMAX ReleaseSeptember 21, 2023 | msn.com'The Boy And The Heron' Will Open Animation Is Film Festival With IMAX ScreeningSeptember 21, 2023 | msn.comSantana gets the Imax treatmentSeptember 21, 2023 | finance.yahoo.comImax (IMAX): A Hidden Gem in the Market? An In-Depth Analysis of Its ValuationSeptember 21, 2023 | msn.com‘Stop Making Sense’ Parties & Discos: Imax Weekend Sales Selling Out; Talking Heads Santa Monica Reunion Draws John C. Reilly, Stephanie Hsu, MoreSeptember 21, 2023 | msn.com"Most Satisfying Way To Watch It:" Greta Gerwig Explains Why Barbie In IMAX Is So ImpactfulSeptember 20, 2023 | msn.comBarbie's IMAX Re-Release Runtime Is Longer Than The Original – But Why?September 20, 2023 | msn.comBarbie to be shown at Vue’s Manchester Printworks IMAX screens for one week only- how to get ticketsSeptember 18, 2023 | msn.comReview: Jonathan Demme's concert masterpiece 'Stop Making Sense' returns in IMAXSeptember 17, 2023 | news.yahoo.comSt. Johns County to host two public meetings for input on future of World Golf Village, IMAXSeptember 15, 2023 | msn.comIBC2023: IMAX and Prime Focus Expand Streaming PartnershipSeptember 15, 2023 | msn.comFans Rejoice as ‘The Marvels’ Hits Theaters with Epic IMAX ExperienceSee 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. Email Address IMAX Company Calendar Last Earnings7/26/2023Today9/30/2023Next Earnings (Estimated)10/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Photographic equipment & supplies Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:IMAX CUSIPN/A CIK921582 Webwww.imax.com Phone(905) 403-6500Fax905-403-6408Employees748Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.75 High Stock Price Forecast$30.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+17.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.08 Trailing P/E Ratio241.78 Forward P/E Ratio38.68 P/E Growth1.95Net Income$-22,800,000.00 Net Margins1.27% Pretax Margin6.76% Return on Equity2.46% Return on Assets1.01% Debt Debt-to-Equity RatioN/A Current Ratio0.99 Quick Ratio0.91 Sales & Book Value Annual Sales$351.73 million Price / Sales3.00 Cash Flow$0.67 per share Price / Cash Flow28.74 Book Value$5.88 per share Price / Book3.29Miscellaneous Outstanding Shares54,620,000Free Float41,331,000Market Cap$1.06 billion OptionableOptionable Beta1.37 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Richard Lewis Gelfond (Age 67)CEO & Director Comp: $2.54MMs. Natasha Fernandes (Age 41)Exec. VP & CFO Comp: $792.4kMr. Robert Darin Lister (Age 54)Chief Legal Officer & Sr. EVP Comp: $1.32MMr. Mark Welton (Age 59)Pres of IMAX Theatres Comp: $1.13MMr. Graeme FergusonCo-FounderMr. Bruce Markoe (Age 66)Sr. VP of Post Production, Operations & DMR Ms. Elizabeth Gitajn (Age 57)Principal Accounting Officer Ms. Heather Anthony (Age 51)Head of Enterprise Transformation Mr. Pablo Calamera (Age 60)Exec. VP & CTO Ms. Jennifer HorsleySr. VP & Head of Investor RelationsMore ExecutivesKey CompetitorstrivagoNASDAQ:TRVGWeiboNASDAQ:WBAutohomeNYSE:ATHMEros Media WorldNYSE:EMWPFAlliance EntertainmentNASDAQ:AENTWView All CompetitorsInsiders & InstitutionsWolverine Trading LLCSold 1,400 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 3,896 shares on 8/21/2023Ownership: 0.097%Osaic Holdings Inc.Sold 14,716 shares on 8/21/2023Ownership: 0.009%Nuveen Asset Management LLCBought 4,219 shares on 8/16/2023Ownership: 0.277%Royal Bank of CanadaBought 1,240 shares on 8/15/2023Ownership: 0.117%View All Insider TransactionsView All Institutional Transactions IMAX Stock - Frequently Asked Questions Should I buy or sell IMAX stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last twelve months. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IMAX shares. View IMAX analyst ratings or view top-rated stocks. What is IMAX's stock price forecast for 2023? 9 Wall Street analysts have issued 12-month price targets for IMAX's shares. Their IMAX share price forecasts range from $14.00 to $30.00. On average, they predict the company's stock price to reach $22.75 in the next twelve months. This suggests a possible upside of 17.6% 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 2023? IMAX's stock was trading at $14.66 at the beginning of 2023. Since then, IMAX stock has increased by 31.9% and is now trading at $19.34. View the best growth stocks for 2023 here. Are investors shorting IMAX? IMAX saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,750,000 shares, an increase of 10.9% from the August 15th total of 2,480,000 shares. Based on an average daily volume of 569,000 shares, the days-to-cover ratio is currently 4.8 days. Approximately 6.2% of the company's shares 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 Monday, October 30th 2023. View our IMAX earnings forecast. How were IMAX's earnings last quarter? IMAX Co. (NYSE:IMAX) announced its quarterly earnings results on Wednesday, July, 26th. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.10. The firm earned $97.98 million during the quarter, compared to analyst estimates of $88.69 million. IMAX had a net margin of 1.27% and a trailing twelve-month return on equity of 2.46%. What ETF holds IMAX's stock ? Innovator IBD Breakout Opportunities ETF holds 16,512 shares of IMAX stock, representing 2.33% of its portfolio. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other IMAX investors own include Stillwater Mining (SWC), Integrated Device Technology (IDTI), Turquoise Hill Resources (TRQ), Skyworks Solutions (SWKS), Progenics Pharmaceuticals (PGNX), InvenSense (INVN), Walt Disney (DIS), Intel (INTC), Tesla (TSLA) and Gilead Sciences (GILD). What is IMAX's stock symbol? IMAX trades on the New York Stock Exchange (NYSE) under the ticker symbol "IMAX." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is IMAX's stock price today? One share of IMAX stock can currently be purchased for approximately $19.34. How much money does IMAX make? IMAX (NYSE:IMAX) has a market capitalization of $1.06 billion and generates $351.73 million in revenue each year. The company earns $-22,800,000.00 in net income (profit) each year or $0.08 on an earnings per share basis. How many employees does IMAX have? The company employs 748 workers across the globe. How can I contact IMAX? IMAX's mailing address is 2525 Speakman Drive, Mississauga A6, L5K 1B1. The official website for the company is www.imax.com. The company can be reached via phone at (905) 403-6500, via email at investorrelations@imax.com, or via fax at 905-403-6408. This page (NYSE:IMAX) was last updated on 9/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding IMAX Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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