Q1 Earnings Estimate for IMAX Issued By Wedbush (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Stock analysts at Wedbush decreased their Q1 2025 earnings per share estimates for IMAX in a report released on Wednesday, November 27th. Wedbush analyst A. Reese now forecasts that the company will post earnings per share of $0.08 for the quarter, down from their previous forecast of $0.11. Wedbush has a “Outperform” rating on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.78 per share. Wedbush also issued estimates for IMAX’s Q4 2025 earnings at $0.48 EPS.

A number of other brokerages have also commented on IMAX. StockNews.com lowered IMAX from a “buy” rating to a “hold” rating in a research note on Friday. Rosenblatt Securities reissued a “buy” rating and set a $28.00 price target on shares of IMAX in a research note on Thursday, October 31st. JPMorgan Chase & Co. lifted their price target on IMAX from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. Barrington Research reissued an “outperform” rating and set a $24.00 price target on shares of IMAX in a research note on Thursday, October 31st. Finally, Roth Mkm lifted their price target on IMAX from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.22.

IMAX Trading Up 1.0 %

Shares of IMAX stock opened at $26.30 on Thursday. The business’s 50-day moving average price is $22.18 and its 200-day moving average price is $19.74. IMAX has a 12 month low of $13.20 and a 12 month high of $26.54. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 59.77, a PEG ratio of 1.66 and a beta of 1.22.

IMAX (NYSE:IMAX) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $93.71 million. IMAX had a return on equity of 7.53% and a net margin of 6.74%. IMAX’s revenue was down 11.9% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share.

Hedge Funds Weigh In On IMAX

Hedge funds have recently made changes to their positions in the stock. Huntington National Bank bought a new position in shares of IMAX during the third quarter worth about $34,000. Headlands Technologies LLC bought a new stake in IMAX in the second quarter worth approximately $35,000. Quarry LP increased its holdings in IMAX by 78,333.3% in the third quarter. Quarry LP now owns 2,353 shares of the company’s stock worth $48,000 after purchasing an additional 2,350 shares in the last quarter. nVerses Capital LLC bought a new stake in IMAX in the third quarter worth approximately $70,000. Finally, Summit Securities Group LLC bought a new stake in IMAX in the second quarter worth approximately $80,000. 93.51% of the stock is currently owned by institutional investors.

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.