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 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. $19.18 +0.48 (+2.57%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$18.77▼$19.2250-Day Range$16.34▼$19.1852-Week Range$12.13▼$20.50Volume453,867 shsAverage Volume531,374 shsMarket Capitalization$1.04 billionP/E RatioN/ADividend YieldN/APrice Target$20.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media IMAX MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside7.5% Upside$20.63 Price TargetShort InterestHealthy7.55% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 4 Articles This WeekInsider TradingSelling Shares$508,009 Sold Last QuarterProj. Earnings Growth36.36%From $0.33 to $0.45 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.2.26 out of 5 starsConsumer Discretionary Sector130th out of 262 stocksPhotographic Equipment & Supplies Industry2nd out of 3 stocks 2.3 Analyst's Opinion Consensus RatingIMAX has received a consensus rating of 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 $20.63, IMAX has a forecasted upside of 7.5% from its current price of $19.18.Amount of Analyst CoverageIMAX has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.55% of the float of IMAX has been sold short.Short Interest Ratio / Days to CoverIMAX has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in IMAX has recently decreased by 11.76%, indicating that investor sentiment is improving significantly. 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 2.4 News and Social Media Coverage News SentimentIMAX has a news sentiment score of 0.32. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for IMAX this week, compared to 4 articles on an average week.Search Interest5 people have searched for IMAX on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows3 people have added IMAX to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $508,009.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for IMAX are expected to grow by 36.36% in the coming year, from $0.33 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of IMAX is -49.18, 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 -49.18, 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 2.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIMAX has a P/B Ratio of 3.26. 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 Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following business segments: IMAX Technology Network, IMAX Technology Sales and Maintenance, and Film Distribution and Post-Production. The IMAX Technology Network segment includes the IMAX DMR segment and contingent rent from the JRSA segment. The IMAX Technology Sales and Maintenance segment refers to the IMAX Systems, IMAX Maintenance, and other theater business segments, as well as fixed revenues from the JRSA segment. The Film Distribution and Post-Production segment relates to the distribution of large-format documentary films. The company was founded by Graeme Ferguson, Roman Kroitor, Robert P. Kerr and William Shaw in 1967 and is headquartered in Mississauga, Canada.Read 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 HeadlinesMarch 15, 2023 | marketbeat.comMeme-Stock AMC's Plan To Convert More Shares Headed For Court (IMAX)AMC shareholders are hoping a new infusion of cash can stave off bankruptcy, but the plan to convert preferred shares to common shares faces a legal challenge.March 31, 2023 | finance.yahoo.comIs There An Opportunity With IMAX Corporation's (NYSE:IMAX) 32% Undervaluation?April 2, 2023 | Investorplace Media (Ad)This Tech Stock Could be the Next AmazonYou can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. March 27, 2023 | finance.yahoo.comIMAX China Roars to RMB 28.3 Million Opening for Makoto Shinkai's SuzumeMarch 24, 2023 | finance.yahoo.comWhy Is Imax (IMAX) Down 1.8% Since Last Earnings Report?March 24, 2023 | msn.comIMAX to bring adoptable dogs to theater lobbyMarch 14, 2023 | finance.yahoo.comEntTelligence Announces New Partnership with IMAX® for Advanced Moviegoer Insights and Measurement AnalysisMarch 12, 2023 | finance.yahoo.comIMAX CEO on new board members: We made 'a concerted effort' to find diverse candidatesApril 2, 2023 | Investorplace Media (Ad)This Tech Stock Could be the Next AmazonYou can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here. March 12, 2023 | msn.comEvery Movie Christopher Nolan Has Broken An IMAX CameraMarch 9, 2023 | finance.yahoo.comIMAX CEO on variable seat pricing at theaters: 'I don't generally like it'March 8, 2023 | finance.yahoo.comWomen in power: the push for corporate board diversityMarch 7, 2023 | finance.yahoo.comIMAX ‘actually went out and made concerted effort’ to add diversity to board of directors: CEOMarch 7, 2023 | finance.yahoo.comIMAX CEO: Diversity on board was an issue 'but we fixed it'March 6, 2023 | finance.yahoo.comIMAX NAMES GAIL BERMAN AND JEN WONG TO BOARD OF DIRECTORSMarch 2, 2023 | finance.yahoo.comIMAX AND CINEPLEXX SIGN AGREEMENT FOR THREE NEW IMAX LOCATIONS, INCLUDING IN AUSTRIA AND KOSOVOFebruary 23, 2023 | finance.yahoo.comIMAX's Q4 Earnings Decline Y/Y, Box Office Slump Hits RevenuesFebruary 23, 2023 | finance.yahoo.comIMAX (IMAX) Q4 2022 Earnings Call TranscriptFebruary 22, 2023 | finance.yahoo.comIMAX CORPORATION REPORTS Q4 AND FULL-YEAR 2022 RESULTSFebruary 19, 2023 | finance.yahoo.comIMAX (NYSE:IMAX) Has Some Difficulty Using Its Capital EffectivelyFebruary 16, 2023 | forbes.comBFI IMAX Showing 7 Christopher Nolan Films In IMAX 70mmFebruary 16, 2023 | msn.comImax, Cinema 21 Ink 10-Theater Deal in IndonesiaFebruary 16, 2023 | finance.yahoo.comIMAX Delivers Record-Breaking $61.3 Million Chinese New Year, Headlined by Biggest Local Language Film Ever with "The Wandering Earth 2"February 15, 2023 | finance.yahoo.comImax (IMAX) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 ReleaseFebruary 13, 2023 | marketwatch.comMovie Theaters Market Size 2023 Will Touch A New Level In The Upcoming Year 2029February 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 CallSee 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 Earnings2/22/2023Today4/01/2023Next Earnings (Estimated)4/27/2023Fiscal 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$20.63 High Stock Price Forecast$25.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+7.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.39) Trailing P/E RatioN/A Forward P/E Ratio58.12 P/E Growth2.87Net Income$-22,800,000.00 Net Margins-7.58% Pretax Margin-3.25% Return on Equity-5.96% Return on Assets-2.61% Debt Debt-to-Equity RatioN/A Current Ratio0.96 Quick Ratio0.89 Sales & Book Value Annual Sales$300.80 million Price / Sales3.44 Cash Flow$0.69 per share Price / Cash Flow27.68 Book Value$5.88 per share Price / Book3.26Miscellaneous Outstanding Shares53,970,000Free Float41,978,000Market Cap$1.04 billion OptionableOptionable Beta1.38 Key ExecutivesRichard Lewis GelfondChief Executive Officer & DirectorBruce MarkoeSenior Vice President-Post Production & OperationsNatasha FernandesChief Financial & Accounting Officer, Executive VPPablo CalameraChief Technology Officer & Executive VPRobert D. ListerChief Legal Officer & Senior Executive VPKey CompetitorsGoProNASDAQ:GPROMasterBrandNYSE:MBCAfyaNASDAQ:AFYASturm, Ruger & Company, Inc.NYSE:RGRGuess'NYSE:GESView All CompetitorsInsiders & InstitutionsMark WeltonSold 20,000 sharesTotal: $367,000.00 ($18.35/share)Calamera PabloSold 7,697 sharesTotal: $141,009.04 ($18.32/share)Voya Investment Management LLCSold 80,903 shares on 2/28/2023Ownership: 0.197%Macquarie Group Ltd.Bought 352,762 shares on 2/21/2023Ownership: 4.595%Alliancebernstein L.P.Bought 36,620 shares on 2/16/2023Ownership: 3.607%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 year. 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 "buy" IMAX shares. View IMAX analyst ratings or view top-rated stocks. What is IMAX's stock price forecast for 2023? 9 brokers have issued 12 month price targets for IMAX's shares. Their IMAX share price forecasts range from $14.00 to $25.00. On average, they anticipate the company's share price to reach $20.63 in the next twelve months. This suggests a possible upside of 7.5% 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 beginning of the year. Since then, IMAX shares have increased by 30.8% and is now trading at $19.18. View the best growth stocks for 2023 here. Are investors shorting IMAX? IMAX saw a decrease in short interest in March. As of March 15th, there was short interest totaling 3,300,000 shares, a decrease of 11.8% from the February 28th total of 3,740,000 shares. Based on an average daily trading volume, of 587,900 shares, the days-to-cover ratio is presently 5.6 days. Approximately 7.6% of the shares of the stock 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 Thursday, April 27th 2023. View our IMAX earnings forecast. How were IMAX's earnings last quarter? IMAX Co. (NYSE:IMAX) released its earnings results on Wednesday, February, 22nd. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.01. The business had revenue of $98.05 million for the quarter, compared to analysts' expectations of $95.97 million. IMAX had a negative net margin of 7.58% and a negative trailing twelve-month return on equity of 5.96%. What ETFs hold IMAX's stock? ETFs with the largest weight of IMAX (NYSE:IMAX) stock in their portfolio include SPDR FactSet Innovative Technology ETF (XITK), Vanguard Communication Services ETF (VOX) and Fidelity MSCI Communication Services Index ETF (FCOM).SPDR S&P International Small Cap ETF (GWX). 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 $19.18. How much money does IMAX make? IMAX (NYSE:IMAX) has a market capitalization of $1.04 billion and generates $300.80 million in revenue each year. The company earns $-22,800,000.00 in net income (profit) each year or ($0.39) 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 4/2/2023 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.