Q1 2025 EPS Estimates for IMAX Co. (NYSE:IMAX) Reduced by Analyst

IMAX Co. (NYSE:IMAX - Free Report) - Equities research analysts at Barrington Research decreased their Q1 2025 earnings per share estimates for IMAX in a note issued to investors on Wednesday, September 25th. Barrington Research analyst J. Goss now expects that the company will post earnings per share of $0.07 for the quarter, down from their previous estimate of $0.08. Barrington Research has a "Outperform" rating and a $24.00 price target on the stock. The consensus estimate for IMAX's current full-year earnings is $0.69 per share. Barrington Research also issued estimates for IMAX's Q4 2025 earnings at $0.34 EPS.

IMAX (NYSE:IMAX - Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.11. IMAX had a net margin of 5.97% and a return on equity of 7.78%. The firm had revenue of $88.96 million for the quarter, compared to analyst estimates of $74.52 million. During the same quarter in the prior year, the firm earned $0.17 EPS. The business's revenue for the quarter was down 9.2% compared to the same quarter last year.

IMAX has been the topic of several other research reports. Seaport Res Ptn upgraded IMAX to a "strong-buy" rating in a report on Wednesday, July 24th. B. Riley boosted their price objective on IMAX from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Monday, July 8th. Macquarie raised their target price on shares of IMAX from $24.00 to $26.00 and gave the stock an "outperform" rating in a report on Friday, July 26th. Benchmark reaffirmed a "buy" rating and issued a $22.00 target price on shares of IMAX in a research note on Thursday, June 20th. Finally, Wedbush increased their price target on shares of IMAX from $24.00 to $26.00 and gave the company an "outperform" rating in a research report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $23.67.

IMAX Trading Up 0.5 %

Shares of IMAX traded up $0.11 during mid-day trading on Friday, reaching $20.35. The company's stock had a trading volume of 836,140 shares, compared to its average volume of 785,995. IMAX has a 52 week low of $13.20 and a 52 week high of $22.13. The stock has a market cap of $1.07 billion, a PE ratio of 42.40, a P/E/G ratio of 1.38 and a beta of 1.25. The company's fifty day moving average price is $20.41 and its two-hundred day moving average price is $17.91.

Hedge Funds Weigh In On IMAX

Hedge funds have recently bought and sold shares of the business. Lombard Odier Asset Management USA Corp purchased a new stake in IMAX during the 2nd quarter valued at $300,000. Thrivent Financial for Lutherans grew its holdings in shares of IMAX by 5.5% in the second quarter. Thrivent Financial for Lutherans now owns 819,325 shares of the company's stock worth $13,740,000 after acquiring an additional 42,952 shares during the period. XTX Topco Ltd purchased a new stake in IMAX during the second quarter valued at $208,000. American Century Companies Inc. lifted its holdings in IMAX by 57.0% in the second quarter. American Century Companies Inc. now owns 120,021 shares of the company's stock valued at $2,013,000 after acquiring an additional 43,584 shares during the period. Finally, Headlands Technologies LLC purchased a new position in IMAX in the second quarter worth about $35,000. Hedge funds and other institutional investors own 93.51% of the company's stock.

About IMAX

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.