NYSE:IMAX IMAX - IMAX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $17.00 +0.57 (+3.47%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$16.58▼$17.0850-Day Range$13.61▼$17.7252-Week Range$12.13▼$21.25Volume708,992 shsAverage Volume552,542 shsMarket Capitalization$951.49 millionP/E RatioN/ADividend YieldN/APrice Target$20.43 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media IMAX MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside20.2% Upside$20.43 Price TargetShort InterestBearish9.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.20Based on 7 Articles This WeekInsider TradingSelling Shares$103,560 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.32) to $0.25 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.1.72 out of 5 starsConsumer Discretionary Sector240th out of 279 stocksPhotographic Equipment & Supplies Industry3rd out of 3 stocks 2.4 Analyst's Opinion Consensus RatingIMAX has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.43, IMAX has a forecasted upside of 20.2% from its current price of $17.00.Amount of Analyst CoverageIMAX has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.30% of the float of IMAX has been sold short.Short Interest Ratio / Days to CoverIMAX has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in IMAX has recently increased by 2.64%, 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 0.20. 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 7 news articles for IMAX this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 1 people have added IMAX to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% 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 $103,560.00 in company stock.Percentage Held by Insiders22.22% 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 Institutions75.36% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for IMAX are expected to grow in the coming year, from ($0.32) to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IMAX is -62.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of IMAX is -62.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioIMAX has a PEG Ratio of 3.29. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIMAX has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About IMAX (NYSE:IMAX) StockIMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: IMAX Technology Network; IMAX Technology Sales and Maintenance; New Business Initiatives; and Film Distribution and Post-Production. The IMAX Technology Network segment represents box office results and which includes the reportable segment of IMAX DMR and contingent rent from the joint revenue sharing arrangements and IMAX systems segments. The IMAX Technology Sales and Maintenance segment includes the sale and installation of theater systems and maintenance services, primarily related to the IMAX Systems and Theater System Maintenance. The New Business Initiatives segment involves content licensing and distribution fees associated with the firm's original content investments, virtual reality initiatives, IMAX Home Entertainment, and other business initiatives that are in the development and/or start-up phase. The Film Distribution and Post-Production segment provides licenses film content and distributes large-format films, primarily for its institutional theater partners. The company was foundedRead More 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 Stock News HeadlinesJanuary 31, 2023 | americanbankingnews.comIMAX Co. (NYSE:IMAX) Forecasted to Earn Q4 2022 Earnings of $0.05 Per ShareJanuary 30, 2023 | finance.yahoo.comIMAX Rings in Record-Breaking Chinese New Year with $34 MillionFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 26, 2023 | finance.yahoo.comIMAX China Reports Second Highest CNY Four-Day IMAX box office total of RMB 161 millionJanuary 24, 2023 | finance.yahoo.comIMAX CEO on 'Avatar 2' crossing $2 billion: 'Reports of our death were premature'January 23, 2023 | finance.yahoo.comMovie theaters: ‘Reports of our death were premature,’ IMAX CEO explainsJanuary 23, 2023 | finance.yahoo.comIMAX® ROCKETS TO SECOND BEST OPENING DAY EVER FOR CHINESE NEW YEARJanuary 23, 2023 | finance.yahoo.comIMAX ROCKETS TO SECOND BEST OPENING DAY EVER FOR CHINESE NEW YEARFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 20, 2023 | finance.yahoo.comWall Street Analysts Think Imax (IMAX) Could Surge 32.7%: Read This Before Placing a BetJanuary 19, 2023 | finance.yahoo.comIMAX and AEON to Further Expand Partnership with Seven New IMAX with Laser Locations in Japan this YearJanuary 17, 2023 | finance.yahoo.com"Avatar: The Way of Water" Now Among Top Three IMAX Releases of All Time with $215 Million in IMAX Global Box OfficeJanuary 3, 2023 | finance.yahoo.comIMAX Ascends As 'Avatar: The Way of Water' Becomes Its Highest Grossing Film Of 2022January 3, 2023 | finance.yahoo.comIMAX Crowns "Avatar: The Way of Water" as its Highest Grossing Film of 2022, With $160 Million and CountingDecember 19, 2022 | finance.yahoo.comIMAX Delivers Second Biggest Global Opening of All Time with Massive $48.8 Million Debut of James Cameron's "Avatar: The Way of Water"December 14, 2022 | finance.yahoo.comAvatar Sequel Helps Imax Bulls Make the Case That Cinema’s Not DeadDecember 3, 2022 | msn.comMoonage Daydream Sets IMAX Re-ReleaseDecember 1, 2022 | finance.yahoo.comFIRST-EVER FILMED FOR IMAX CONCERT, "INDOCHINE CENTRAL TOUR IN CINEMA", SCORES $2.23 MILLION ACROSS FRANCE AND SELECT MARKETSNovember 30, 2022 | finance.yahoo.comWhy Is Imax (IMAX) Up 27.6% Since Last Earnings Report?November 21, 2022 | finance.yahoo.comThe past five years for IMAX (NYSE:IMAX) investors has not been profitableNovember 17, 2022 | finance.yahoo.comIMAX to Present at 6th Annual Wells Fargo TMT SummitNovember 14, 2022 | finance.yahoo.comIMAX Crowns Biggest Domestic November Opening Ever On its Way to $22.6 Million Global Debut for "Black Panther: Wakanda Forever"November 12, 2022 | finance.yahoo.comIMAX CEO on skipping theatrical releases: ‘The debate is over’November 10, 2022 | finance.yahoo.comIMAX CEO: Final weeks of 2022 will ‘demonstrate’ return of moviegoers to theatersNovember 1, 2022 | finance.yahoo.comIMAX's Q3 Loss Narrows Y/Y, Box Office Growth Aids RevenuesNovember 1, 2022 | finance.yahoo.comImax (IMAX) Reports Q3 Loss, Misses Revenue EstimatesOctober 25, 2022 | msn.comAnt-Man 3 IMAX Trailer Upgrades the Quantum Realm to 4KSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings10/28/2021Today2/01/2023Next Earnings (Estimated)2/22/2023Fiscal 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) 403-6500Fax905-403-6408Employees665Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.43 High Stock Price Forecast$23.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+20.2%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.27) Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth3.29Net Income$-22,330,000.00 Net Margins-4.92% Pretax Margin2.78% Return on Equity-2.98% Return on Assets-1.37% Debt Debt-to-Equity RatioN/A Current Ratio0.97 Quick Ratio0.89 Sales & Book Value Annual Sales$254.88 million Price / Sales3.73 Cash Flow$0.54 per share Price / Cash Flow31.75 Book Value$7.27 per share Price / Book2.34Miscellaneous Outstanding Shares55,970,000Free Float43,536,000Market Cap$951.49 million OptionableOptionable Beta1.29 Key ExecutivesMr. Richard Lewis Gelfond (Age 67)CEO & Director Comp: $3.18MMr. Robert D. Lister (Age 54)Chief Legal Officer & Sr. EVP Comp: $1.3MMr. Mark Welton (Age 59)Pres of IMAX Theatres Comp: $1.16MMs. Megan Colligan (Age 50)Exec. VP & Pres of IMAX Entertainment Comp: $2.17MMr. Graeme FergusonCo-FounderMs. Natasha Fernandes (Age 42)Exec. VP & CFO Mr. Bruce Markoe (Age 66)Sr. VP of Post Production, Operations & DMR Mr. Kevin M. Delaney (Age 50)Sr. VP of Fin., Controller & Principal Accounting Officer Ms. Heather Anthony (Age 51)Head of Enterprise Transformation Mr. Pablo Calamera (Age 60)Exec. VP & CTO More ExecutivesKey CompetitorsGoProNASDAQ:GPROOneSpaWorldNASDAQ:OSWRush Street InteractiveNYSE:RSISturm, Ruger & Company, Inc.NYSE:RGRA-Mark Precious MetalsNASDAQ:AMRKView All CompetitorsInsiders & InstitutionsWedbush Securities Inc.Bought 12,285 shares on 1/31/2023Ownership: 0.022%Foundry Partners LLCBought 26,393 shares on 1/30/2023Ownership: 0.592%Pinnacle Associates Ltd.Sold 16,020 shares on 1/25/2023Ownership: 0.036%Allspring Global Investments Holdings LLCSold 60,166 shares on 1/23/2023Ownership: 0.010%Counterpoint Mutual Funds LLCBought 10,354 shares on 1/19/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions IMAX Stock - 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 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IMAX shares. View IMAX analyst ratings or view top-rated stocks. What is IMAX's stock price forecast for 2023? 7 brokerages have issued 1 year price targets for IMAX's stock. Their IMAX share price forecasts range from $16.00 to $23.00. On average, they expect the company's share price to reach $20.43 in the next twelve months. This suggests a possible upside of 20.2% 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 the year. Since then, IMAX stock has increased by 16.0% and is now trading at $17.00. View the best growth stocks for 2023 here. When is IMAX's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our IMAX earnings forecast. How were IMAX's earnings last quarter? IMAX Co. (NYSE:IMAX) announced its quarterly earnings results on Thursday, October, 28th. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.14. The company earned $56.60 million during the quarter, compared to analyst estimates of $56.73 million. IMAX had a negative net margin of 4.92% and a negative trailing twelve-month return on equity of 2.98%. The company's revenue was up 51.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.84) EPS. 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." Who are IMAX's major shareholders? IMAX's stock is owned by many different retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.08%), Foundry Partners LLC (0.59%), Laurus Investment Counsel Inc. (0.21%), Pinnacle Associates Ltd. (0.04%), Wedbush Securities Inc. (0.02%) and Counterpoint Mutual Funds LLC (0.02%). Insiders that own company stock include Denny Tu, Giovanni M Dolci, Jacqueline Bassani, Kenneth Ian Weissman, Mark Welton, Megan Colligan, Patrick Mcclymont, 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 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 $17.00. How much money does IMAX make? IMAX (NYSE:IMAX) has a market capitalization of $951.49 million and generates $254.88 million in revenue each year. The company earns $-22,330,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. How many employees does IMAX have? The company employs 665 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 2/1/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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