Brokers Set Expectations for IMAX's Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX - Free Report) - Stock analysts at Seaport Res Ptn upped their Q1 2025 earnings per share (EPS) estimates for shares of IMAX in a report released on Tuesday, March 11th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $0.20 per share for the quarter, up from their previous estimate of $0.19. The consensus estimate for IMAX's current full-year earnings is $0.91 per share. Seaport Res Ptn also issued estimates for IMAX's Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.30 EPS, FY2025 earnings at $0.95 EPS and FY2026 earnings at $1.15 EPS.

IMAX (NYSE:IMAX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by ($0.14). IMAX had a return on equity of 8.60% and a net margin of 7.40%. The firm had revenue of $92.67 million for the quarter, compared to the consensus estimate of $104.08 million.

A number of other equities research analysts have also recently weighed in on the company. Macquarie upped their price objective on IMAX from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. upped their price objective on IMAX from $25.00 to $27.00 and gave the stock a "neutral" rating in a research note on Friday, February 21st. Benchmark restated a "buy" rating and set a $30.00 price objective on shares of IMAX in a research note on Thursday, February 20th. Wells Fargo & Company upped their price objective on IMAX from $26.00 to $32.00 and gave the stock an "overweight" rating in a research note on Thursday, February 20th. Finally, Barrington Research increased their price target on IMAX from $30.00 to $32.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $30.67.

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IMAX Price Performance

Shares of NYSE IMAX opened at $24.11 on Thursday. The stock has a market capitalization of $1.28 billion, a P/E ratio of 49.19, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. IMAX has a 1-year low of $14.94 and a 1-year high of $27.77. The business has a fifty day moving average price of $24.67 and a 200 day moving average price of $23.45.

Institutional Trading of IMAX

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mizuho Markets Americas LLC grew its holdings in IMAX by 47.5% in the third quarter. Mizuho Markets Americas LLC now owns 387,689 shares of the company's stock valued at $7,952,000 after purchasing an additional 124,811 shares during the period. Principal Financial Group Inc. grew its holdings in IMAX by 69.3% in the fourth quarter. Principal Financial Group Inc. now owns 103,946 shares of the company's stock valued at $2,661,000 after purchasing an additional 42,562 shares during the period. Royce & Associates LP grew its holdings in IMAX by 3.1% in the third quarter. Royce & Associates LP now owns 1,822,616 shares of the company's stock valued at $37,382,000 after purchasing an additional 54,850 shares during the period. Savant Capital LLC acquired a new stake in IMAX in the fourth quarter valued at approximately $249,000. Finally, Quantbot Technologies LP acquired a new stake in IMAX in the third quarter valued at approximately $777,000. 93.51% of the stock is owned by institutional investors and hedge funds.

IMAX Company Profile

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.

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