Brokers Set Expectations for IMAX's Q3 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX - Free Report) - Research analysts at Seaport Res Ptn increased their Q3 2025 EPS estimates for IMAX in a research note issued to investors on Monday, December 9th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will earn $0.29 per share for the quarter, up from their previous estimate of $0.28. The consensus estimate for IMAX's current full-year earnings is $0.77 per share. Seaport Res Ptn also issued estimates for IMAX's Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $1.21 EPS and FY2026 earnings at $1.52 EPS.

IMAX (NYSE:IMAX - Get Free Report) last announced its earnings results on Wednesday, October 30th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.12. The business had revenue of $91.50 million during the quarter, compared to the consensus estimate of $93.71 million. IMAX had a net margin of 6.74% and a return on equity of 7.53%. The business's quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 earnings per share.

A number of other research analysts also recently commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of IMAX from $20.00 to $21.00 and gave the company a "neutral" rating in a research note on Monday, October 14th. Roth Mkm increased their price objective on shares of IMAX from $27.00 to $28.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Barrington Research reiterated an "outperform" rating and set a $24.00 price objective on shares of IMAX in a research note on Thursday, October 31st. StockNews.com cut shares of IMAX from a "buy" rating to a "hold" rating in a report on Tuesday. Finally, Wedbush reissued an "outperform" rating on shares of IMAX in a report on Wednesday, November 27th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, IMAX currently has an average rating of "Moderate Buy" and an average price target of $24.22.

IMAX Stock Performance

Shares of IMAX stock traded up $0.11 on Wednesday, hitting $25.97. The stock had a trading volume of 370,478 shares, compared to its average volume of 750,986. IMAX has a 52-week low of $13.20 and a 52-week high of $26.84. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 58.61, a P/E/G ratio of 1.68 and a beta of 1.23. The stock's 50 day moving average is $23.16 and its 200-day moving average is $20.28.

Insider Buying and Selling at IMAX

In other news, CFO Natasha Fernandes sold 2,957 shares of the firm's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $25.52, for a total transaction of $75,462.64. Following the completion of the transaction, the chief financial officer now owns 14,883 shares in the company, valued at approximately $379,814.16. This trade represents a 16.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Robert D. Lister sold 55,910 shares of the firm's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $25.50, for a total transaction of $1,425,705.00. Following the transaction, the executive vice president now owns 138,889 shares of the company's stock, valued at approximately $3,541,669.50. This trade represents a 28.70 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,176 shares of company stock valued at $1,662,110. Company insiders own 24.08% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IMAX. Public Employees Retirement System of Ohio acquired a new stake in shares of IMAX during the third quarter worth approximately $1,555,000. Pier Capital LLC acquired a new stake in shares of IMAX during the third quarter worth approximately $4,221,000. Castleark Management LLC bought a new position in IMAX during the third quarter valued at approximately $5,199,000. Systematic Financial Management LP bought a new position in IMAX during the third quarter valued at approximately $838,000. Finally, Quarry LP raised its position in IMAX by 78,333.3% during the third quarter. Quarry LP now owns 2,353 shares of the company's stock valued at $48,000 after acquiring an additional 2,350 shares in the last quarter. 93.51% of the stock is currently 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.