Seaport Res Ptn Issues Positive Estimate for IMAX Earnings

IMAX Co. (NYSE:IMAX) – Equities research analysts at Seaport Res Ptn boosted their Q2 2025 earnings per share (EPS) estimates for IMAX in a research report issued to clients and investors on Tuesday, March 11th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings per share of $0.18 for the quarter, up from their previous forecast of $0.17. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share.

A number of other equities analysts have also commented on IMAX. StockNews.com lowered shares of IMAX from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. JPMorgan Chase & Co. raised their price objective on shares of IMAX from $25.00 to $27.00 and gave the stock a “neutral” rating in a research note on Friday, February 21st. Barrington Research lifted their target price on shares of IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Macquarie lifted their target price on shares of IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Finally, Wells Fargo & Company lifted their price objective on shares of IMAX from $26.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday, February 20th. Two research 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.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.67.

IMAX Price Performance

NYSE IMAX opened at $24.09 on Friday. The firm has a market capitalization of $1.28 billion, a PE ratio of 49.16, a P/E/G 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. The company’s 50 day simple moving average is $24.62 and its 200 day simple moving average is $23.48.

IMAX (NYSE:IMAX) last issued its 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 business had revenue of $92.67 million during the quarter, compared to the consensus estimate of $104.08 million.

Institutional Trading of IMAX

Several institutional investors have recently made changes to their positions in the business. Blue Trust Inc. lifted its position in shares of IMAX by 138.5% during the fourth quarter. Blue Trust Inc. now owns 966 shares of the company’s stock worth $25,000 after purchasing an additional 561 shares in the last quarter. Huntington National Bank acquired a new position in IMAX during the third quarter worth $34,000. Quarry LP lifted its stake in IMAX by 78,333.3% in 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 during the last quarter. Tower Research Capital LLC TRC lifted its stake in IMAX by 415.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 7,236 shares of the company’s stock valued at $185,000 after acquiring an additional 5,832 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of IMAX by 23.4% in the third quarter. US Bancorp DE now owns 7,656 shares of the company’s stock valued at $157,000 after purchasing an additional 1,452 shares during the period. 93.51% of the stock is currently owned by institutional investors and hedge funds.

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.