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. $17.60 -0.09 (-0.51%) (As of 02/7/2023 04:35 PM ET) Add Compare Share Share Today's Range$17.25▼$17.7450-Day Range$13.61▼$17.9052-Week Range$12.13▼$21.25Volume329,082 shsAverage Volume575,559 shsMarket Capitalization$985.07 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/Downside16.1% Upside$20.43 Price TargetShort InterestBearish9.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.19Based on 12 Articles This WeekInsider TradingSelling Shares$103,560 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.32) to $0.27 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 Sector214th out of 267 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 16.1% from its current price of $17.60.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 0.19. 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 0.50 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 12 news articles for IMAX this week, compared to 4 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 -71% 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 $0.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IMAX is -65.19, 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 -65.19, 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 2.42. 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 HeadlinesFebruary 7, 2023 | finance.yahoo.comIMAX Corporation To Announce Fourth-Quarter and Full-Year 2022 Financial Results And Host Conference CallFebruary 7, 2023 | finance.yahoo.comIMAX China To Announce Full-Year 2022 Financial Results and Host Conference CallFebruary 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…February 7, 2023 | finance.yahoo.comSSIMWAVE to Compare Video Quality of Broadcast and OTT Streams for Sunday's Big GameFebruary 2, 2023 | americanbankingnews.comIMAX Co. (NYSE:IMAX) Expected to Post FY2022 Earnings of ($0.27) Per ShareJanuary 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 MillionJanuary 26, 2023 | finance.yahoo.comIMAX China Reports Second Highest CNY Four-Day IMAX box office total of RMB 161 millionFebruary 7, 2023 | Investing Trends (Ad)Apple, Amazon, and Walmart are Investing in Solar EnergyThe global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.January 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 YEARJanuary 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’See 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 Earnings10/28/2021Today2/07/2023Next 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+16.1%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 / Sales3.86 Cash Flow$0.51 per share Price / Cash Flow34.59 Book Value$7.27 per share Price / Book2.42Miscellaneous Outstanding Shares55,970,000Free Float43,536,000Market Cap$985.07 million OptionableOptionable Beta1.38 Key ExecutivesRichard Lewis GelfondChief Executive Officer & DirectorNatasha FernandesExecutive VP, Chief Financial & Accounting OfficerPablo CalameraChief Technology Officer & Executive VPRobert D. ListerChief Legal Officer & Senior Executive VPMegan ColliganPresident-IMAX Entertainment & Executive VPKey CompetitorsGoProNASDAQ:GPROAmerican WoodmarkNASDAQ:AMWDOneSpaWorldNASDAQ:OSWPerdoceo EducationNASDAQ:PRDOA-Mark Precious MetalsNASDAQ:AMRKView All CompetitorsInsiders & InstitutionsMizuho Markets Americas LLCSold 6,000 shares on 2/3/2023Ownership: 0.519%Hedges Asset Management LLCBought 2,000 shares on 2/3/2023Ownership: 0.098%Simplex Trading LLCSold 64,500 shares on 2/2/2023Ownership: 0.000%Mission Wealth Management LPBought 900 shares on 2/2/2023Ownership: 0.089%Zurcher Kantonalbank Zurich Cantonalbank Bought 1,443 shares on 2/1/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions IMAX Stock - Frequently Asked Questions Should I buy or sell IMAX stock right now? 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. The consensus among Wall Street 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 brokers have issued twelve-month price objectives for IMAX's shares. Their IMAX share price forecasts range from $16.00 to $23.00. On average, they anticipate the company's stock price to reach $20.43 in the next twelve months. This suggests a possible upside of 15.5% 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 start of the year. Since then, IMAX shares have increased by 20.6% and is now trading at $17.68. 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) posted its earnings results on Thursday, October, 28th. The company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.14. The firm had revenue of $56.60 million for the quarter, compared to analyst estimates of $56.73 million. IMAX had a negative trailing twelve-month return on equity of 2.98% and a negative net margin of 4.92%. The firm's revenue for the quarter was up 51.9% compared to the same quarter last year. During the same quarter last 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%), Mizuho Markets Americas LLC (0.52%), Wolverine Asset Management LLC (0.00%), Laurus Investment Counsel Inc. (0.21%) and Simplex Trading LLC (0.00%). 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 $17.68. How much money does IMAX make? IMAX (NYSE:IMAX) has a market capitalization of $989.55 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 2/7/2023 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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