IMAX - IMAX Stock Forecast, Price & News

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.

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.

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.

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.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our IMAX earnings forecast.

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%.

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).

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.

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).

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

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.

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.

One share of IMAX stock can currently be purchased for approximately $18.07.

IMAX (NYSE:IMAX) has a market capitalization of $975.24 million 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.

The company employs 665 workers across the globe.

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.