NYSE:IMAX - Imax Stock Price, Forecast & News

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

Imax Corp (NYSE:IMAX) announced its quarterly earnings data on Wednesday, February, 19th. The company reported $0.35 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.04. The company had revenue of $124.30 million for the quarter, compared to analyst estimates of $116.40 million. Imax had a return on equity of 7.66% and a net margin of 11.85%. The firm's revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 EPS. View Imax's Earnings History.

Imax is scheduled to release their next quarterly earnings announcement on Friday, April 24th 2020. View Earnings Estimates for Imax.

7 brokerages have issued 12-month price objectives for Imax's stock. Their forecasts range from $20.00 to $26.00. On average, they expect Imax's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 47.6% from the stock's current price. View Analyst Price Targets for Imax.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Imax in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Imax.

News headlines about IMAX stock have trended very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Imax earned a daily sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Imax.

Imax saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 3,650,000 shares, an increase of 9.9% from the January 30th total of 3,320,000 shares. Based on an average daily volume of 403,500 shares, the days-to-cover ratio is currently 9.0 days. Currently, 7.1% of the company's shares are short sold. View Imax's Current Options Chain.

Some companies that are related to Imax include Canon (CAJ), FUJIFILM Holdings Co. American Depositary Shares (FUJIY), Ricoh (RICOY), GoPro (GPRO), Eastman Kodak (KODK), Boxlight (BOXL) and IKONICS (IKNX).

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), Netflix (NFLX), AT&T (T) and Alphabet (GOOG).

Imax's stock is owned by many different of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (8.33%), Massachusetts Financial Services Co. MA (2.80%), Loomis Sayles & Co. L P (2.26%), Pembroke Management LTD (1.77%), State Street Corp (1.74%) and Becker Capital Management Inc. (1.63%). Company insiders that own Imax stock include Bradley J Wechsler, Darren D Throop, David W Leebron, Eric A Demirian, Greg Foster, Jeffrey Vance, Kenneth Ian Weissman, Mark Welton, Neil S Braun, Patrick Mcclymont, Richard L Gelfond and Robert D Lister. View Institutional Ownership Trends for Imax.

IMAX stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Man Group plc, William Blair Investment Management LLC, Stifel Financial Corp, Bank of Montreal Can, Jefferies Group LLC, Eagle Asset Management Inc. and Rice Hall James & Associates LLC. Company insiders that have sold Imax company stock in the last year include Bradley J Wechsler, Darren D Throop, David W Leebron, Jeffrey Vance, Kenneth Ian Weissman, Mark Welton, Neil S Braun, Patrick Mcclymont, Richard L Gelfond and Robert D Lister. View Insider Buying and Selling for Imax.

IMAX stock was bought by a variety of institutional investors in the last quarter, including Spyglass Capital Management LLC, UBS Group AG, Foundry Partners LLC, Hillcrest Asset Management LLC, Renaissance Technologies LLC, SG Americas Securities LLC, Pembroke Management LTD and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Imax.

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

One share of IMAX stock can currently be purchased for approximately $15.58.

Imax has a market capitalization of $955.99 million and generates $395.66 million in revenue each year. The company earns $46.87 million in net income (profit) each year or $0.76 on an earnings per share basis. Imax employs 660 workers across the globe.View Additional Information About Imax.

The official website for Imax is http://www.imax.com/.

Imax's mailing address is 2525 Speakman Drive, Mississauga A6, L5K 1B1. The company can be reached via phone at 905-403-6500 or via email at [email protected]