Barrington Research Predicts IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Investment analysts at Barrington Research reduced their Q1 2025 earnings estimates for shares of IMAX in a research report issued to clients and investors on Tuesday, April 15th. Barrington Research analyst P. Sholl now expects that the company will post earnings of $0.01 per share for the quarter, down from their previous estimate of $0.07. Barrington Research currently has a “Outperform” rating and a $32.00 target price on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Barrington Research also issued estimates for IMAX’s FY2025 earnings at $0.78 EPS, Q1 2026 earnings at $0.06 EPS and FY2026 earnings at $0.88 EPS.

A number of other equities research analysts also recently commented on the company. Macquarie lifted their target price on IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. StockNews.com cut shares of IMAX from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th. Wells Fargo & Company lifted their target price on shares of IMAX from $26.00 to $32.00 and gave the company an “overweight” rating in a report on Thursday, February 20th. Wedbush restated an “outperform” rating and set a $32.00 price target on shares of IMAX in a research note on Thursday. Finally, Benchmark reaffirmed a “buy” rating and issued a $30.00 price objective on shares of IMAX in a research note on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $30.56.

IMAX Stock Performance

IMAX opened at $22.47 on Wednesday. The stock has a market capitalization of $1.19 billion, a PE ratio of 45.85, a P/E/G ratio of 1.49 and a beta of 0.91. IMAX has a one year low of $14.94 and a one year high of $27.77. The business’s 50 day moving average price is $25.09 and its 200 day moving average price is $24.16.

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

Institutional Trading of IMAX

Several hedge funds have recently modified their holdings of IMAX. Blue Trust Inc. grew its stake in IMAX by 138.5% during the 4th 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. Tower Research Capital LLC TRC boosted its stake in shares of IMAX by 415.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,236 shares of the company’s stock valued at $185,000 after buying an additional 5,832 shares during the period. Wealthfront Advisers LLC acquired a new position in shares of IMAX during the fourth quarter worth about $217,000. Cornerstone Investment Partners LLC purchased a new stake in shares of IMAX during the fourth quarter worth approximately $248,000. Finally, Savant Capital LLC acquired a new stake in IMAX in the fourth quarter valued at approximately $249,000. 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.