Seaport Res Ptn Issues Positive Forecast for IMAX Earnings

IMAX Co. (NYSE:IMAX) – Investment analysts at Seaport Res Ptn lifted their Q1 2025 EPS estimates for IMAX in a research note issued on Tuesday, March 11th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings of $0.20 per share for the quarter, up from their previous 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.

A number of other analysts have also recently commented on IMAX. Rosenblatt Securities upped their target price on shares of IMAX from $28.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, February 20th. Barrington Research raised their target price on IMAX from $30.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th. Wells Fargo & Company boosted their price target on IMAX from $26.00 to $32.00 and gave the company an “overweight” rating in a report on Thursday, February 20th. StockNews.com cut IMAX from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Benchmark restated a “buy” rating and set a $30.00 target price on shares of IMAX in a research note on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, IMAX currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

IMAX Stock Up 1.0 %

NYSE IMAX opened at $24.09 on Thursday. The company has a 50-day moving average price of $24.64 and a 200-day moving average price of $23.46. IMAX has a 52 week low of $14.94 and a 52 week high of $27.77. The firm has a market capitalization of $1.28 billion, a P/E ratio of 49.16, a PEG ratio of 1.49 and a beta of 1.22.

IMAX (NYSE:IMAX) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.17 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 analysts’ expectations of $104.08 million. IMAX had a net margin of 7.40% and a return on equity of 8.60%.

Hedge Funds Weigh In On IMAX

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in shares of IMAX by 138.5% in the 4th quarter. Blue Trust Inc. now owns 966 shares of the company’s stock worth $25,000 after buying an additional 561 shares during the last quarter. Huntington National Bank purchased a new stake in IMAX in the 3rd quarter worth about $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 worth $48,000 after purchasing an additional 2,350 shares during the last quarter. US Bancorp DE boosted its position in shares of IMAX by 23.4% during the third 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 during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of IMAX by 415.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,236 shares of the company’s stock worth $185,000 after acquiring an additional 5,832 shares during the last quarter. 93.51% of the stock is 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.