Zacks Research Brokers Increase Earnings Estimates for IMAX

IMAX Co. (NYSE:IMAX) – Analysts at Zacks Research increased their Q1 2025 earnings estimates for shares of IMAX in a research report issued on Tuesday, March 11th. Zacks Research analyst R. Department now expects that the company will earn $0.11 per share for the quarter, up from their previous estimate of $0.10. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for IMAX’s Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $0.73 EPS, Q1 2026 earnings at $0.18 EPS, FY2026 earnings at $0.94 EPS and FY2027 earnings at $1.13 EPS.

Other equities research analysts have also recently issued research reports about the stock. Benchmark restated a “buy” rating and set a $30.00 target price on shares of IMAX in a research note on Thursday, February 20th. Rosenblatt Securities raised their target price on shares of IMAX from $28.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th. Wells Fargo & Company raised their target price on shares of IMAX from $26.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, February 20th. JPMorgan Chase & Co. increased their price objective on shares of IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, February 21st. Finally, Macquarie increased their price objective on shares of IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Two investment 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 stock. According to MarketBeat.com, IMAX currently has an average rating of “Moderate Buy” and a consensus target price of $30.67.

IMAX Stock Down 1.4 %

Shares of NYSE:IMAX opened at $23.81 on Friday. The firm’s 50 day moving average price is $24.67 and its 200-day moving average price is $23.45. IMAX has a twelve month low of $14.94 and a twelve month high of $27.77. The stock has a market capitalization of $1.26 billion, a PE ratio of 48.58, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22.

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

Institutional Investors Weigh In On IMAX

Several hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its position in shares of IMAX by 1.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 29,176 shares of the company’s stock valued at $747,000 after buying an additional 533 shares in the last quarter. Blue Trust Inc. lifted its position in shares of IMAX by 138.5% during the 4th quarter. Blue Trust Inc. now owns 966 shares of the company’s stock valued at $25,000 after buying an additional 561 shares in the last quarter. MetLife Investment Management LLC lifted its position in shares of IMAX by 3.4% during the 4th quarter. MetLife Investment Management LLC now owns 25,918 shares of the company’s stock valued at $664,000 after buying an additional 848 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of IMAX by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,395 shares of the company’s stock valued at $625,000 after buying an additional 905 shares in the last quarter. Finally, US Bancorp DE lifted its position in shares of IMAX by 23.4% during the 3rd quarter. US Bancorp DE now owns 7,656 shares of the company’s stock valued at $157,000 after buying an additional 1,452 shares in the last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

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.