Seaport Res Ptn Weighs in on IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Research analysts at Seaport Res Ptn boosted their Q1 2025 earnings per share (EPS) estimates for shares of IMAX in a note issued to investors 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 prior forecast 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.

Other research analysts also recently issued reports about the company. Macquarie boosted their price objective on IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Wedbush reiterated an “outperform” rating and set a $32.00 price objective on shares of IMAX in a research note on Thursday, February 20th. JPMorgan Chase & Co. boosted their price objective on IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. Barrington Research boosted their price objective on IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Finally, Rosenblatt Securities upped their price target on IMAX from $28.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned 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.

IMAX Trading Down 1.4 %

Shares of NYSE:IMAX opened at $23.81 on Thursday. The stock has a 50 day moving average of $24.67 and a 200 day moving average of $23.45. The company has a market cap 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 has a 12-month low of $14.94 and a 12-month high of $27.77.

IMAX (NYSE:IMAX) last released 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). The firm 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 Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC grew its holdings in shares of IMAX by 14.2% in the fourth quarter. FMR LLC now owns 4,508,583 shares of the company’s stock valued at $115,420,000 after purchasing an additional 558,940 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of IMAX by 36.9% in the fourth quarter. Ameriprise Financial Inc. now owns 1,823,516 shares of the company’s stock valued at $46,671,000 after purchasing an additional 491,172 shares in the last quarter. Royce & Associates LP grew its holdings in shares of 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 in the last quarter. Victory Capital Management Inc. grew its holdings in shares of IMAX by 9.8% in the third quarter. Victory Capital Management Inc. now owns 1,420,592 shares of the company’s stock valued at $29,136,000 after purchasing an additional 127,371 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of IMAX by 45.4% in the fourth quarter. Wells Fargo & Company MN now owns 624,510 shares of the company’s stock valued at $15,987,000 after purchasing an additional 194,917 shares in the last quarter. 93.51% of the stock is owned by hedge funds and other institutional investors.

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.