Zacks Research Issues Positive Forecast for IMAX Earnings

IMAX Co. (NYSE:IMAX) – Stock analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of IMAX in a note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $0.11 for the quarter, up from their prior forecast of $0.10. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for IMAX’s Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $0.73 EPS, Q1 2026 earnings at $0.18 EPS, FY2026 earnings at $0.94 EPS and FY2027 earnings at $1.13 EPS.

IMAX (NYSE:IMAX) last released its earnings results on Wednesday, February 19th. The company reported $0.17 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 firm had revenue of $92.67 million for the quarter, compared to the consensus estimate of $104.08 million.

IMAX has been the subject of a number of other research reports. Rosenblatt Securities lifted their price objective on IMAX from $28.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Barrington Research raised their target price on IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Macquarie raised their target price on IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. StockNews.com lowered IMAX from a “buy” rating to a “hold” rating in a report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. raised their target price on IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.67.

IMAX Stock Up 1.0 %

NYSE:IMAX opened at $24.09 on Friday. The company has a market cap 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 52 week low of $14.94 and a 52 week high of $27.77. The business’s 50 day moving average is $24.62 and its two-hundred day moving average is $23.48.

Hedge Funds Weigh In On IMAX

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mizuho Markets Americas LLC increased its stake in IMAX by 47.5% during the third quarter. Mizuho Markets Americas LLC now owns 387,689 shares of the company’s stock valued at $7,952,000 after acquiring an additional 124,811 shares during the period. Principal Financial Group Inc. increased its stake in IMAX by 69.3% during the fourth quarter. Principal Financial Group Inc. now owns 103,946 shares of the company’s stock valued at $2,661,000 after acquiring an additional 42,562 shares during the period. Royce & Associates LP increased its stake in IMAX by 3.1% during the third quarter. Royce & Associates LP now owns 1,822,616 shares of the company’s stock valued at $37,382,000 after acquiring an additional 54,850 shares during the period. Savant Capital LLC bought a new position in IMAX during the fourth quarter valued at about $249,000. Finally, Quantbot Technologies LP bought a new position in IMAX during the third quarter valued at about $777,000. 93.51% of the stock is currently owned by 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.