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. $18.07 +0.08 (+0.44%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$17.67▼$18.2350-Day Range$15.72▼$19.0452-Week Range$12.13▼$20.50Volume440,446 shsAverage Volume643,109 shsMarket Capitalization$975.24 millionP/E RatioN/ADividend YieldN/APrice Target$20.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media IMAX MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside14.1% Upside$20.63 Price TargetShort InterestHealthy8.44% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.33Based on 2 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.2.53 out of 5 starsConsumer Discretionary Sector76th out of 259 stocksPhotographic Equipment & Supplies Industry1st out of 4 stocks 3.3 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 14.1% from its current price of $18.07.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 Shorted8.44% of the float of IMAX has been sold short.Short Interest Ratio / Days to CoverIMAX has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in IMAX has recently decreased by 10.95%, 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 1.8 News and Social Media Coverage News SentimentIMAX has a news sentiment score of 0.33. 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 0.52 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for IMAX this week, compared to 4 articles on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for IMAX this week, compared to 0 mentions on an average week.Search Interest6 people have searched for IMAX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.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 $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 -46.33, 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 -46.33, 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 2.72. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIMAX has a P/B Ratio of 3.07. 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 24, 2023 | finance.yahoo.comWhy Is Imax (IMAX) Down 1.8% Since Last Earnings Report?March 25, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. 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 candidatesMarch 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 25, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. 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 CallFebruary 7, 2023 | finance.yahoo.comSSIMWAVE to Compare Video Quality of Broadcast and OTT Streams for Sunday's Big GameJanuary 30, 2023 | finance.yahoo.comIMAX Rings in Record-Breaking Chinese New Year with $34 MillionSee 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 Earnings2/22/2023Today3/25/2023Next 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+14.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.39) Trailing P/E RatioN/A Forward P/E Ratio54.76 P/E Growth2.72Net Income$-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$300.81 million Price / Sales3.24 Cash Flow$0.69 per share Price / Cash Flow26.24 Book Value$5.88 per share Price / Book3.07Miscellaneous Outstanding Shares53,970,000Free Float41,978,000Market Cap$975.24 million 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:GPROSinclair Broadcast GroupNASDAQ:SBGISturm, Ruger & Company, Inc.NYSE:RGRAfyaNASDAQ:AFYAMasterBrandNYSE:MBCView 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 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 "buy" IMAX shares. View IMAX analyst ratings or view top-rated stocks. What is IMAX's stock price forecast for 2023? 9 equities research analysts 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 predict the company's share price to reach $20.63 in the next year. This suggests a possible upside of 14.1% 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 23.3% and is now trading at $18.07. View the best growth stocks for 2023 here. Are investors shorting IMAX? IMAX saw a drop in short interest in February. As of February 28th, there was short interest totaling 3,740,000 shares, a drop of 11.0% from the February 13th total of 4,200,000 shares. Based on an average daily trading volume, of 711,200 shares, the short-interest ratio is currently 5.3 days. Currently, 8.4% 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) issued its earnings results on Wednesday, February, 22nd. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by $0.01. The firm earned $98.05 million during the quarter, compared to the consensus estimate of $95.97 million. IMAX had a negative trailing twelve-month return on equity of 5.96% and a negative net margin of 7.58%. 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." Who are IMAX's major shareholders? IMAX's stock is owned by a variety of retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (4.59%), Millennium Management LLC (3.92%), Alliancebernstein L.P. (3.61%), Dimensional Fund Advisors LP (2.82%), Franklin Resources Inc. (2.53%) and Renaissance Technologies LLC (2.37%). Insiders that own company stock include Calamera Pablo, Denny Tu, Jacqueline Bassani, Kenneth Ian Weissman, Mark Welton and Megan Colligan. 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 $18.07. How much money does IMAX make? IMAX (NYSE:IMAX) has a market capitalization of $975.24 million and generates $300.81 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 3/25/2023 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. 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