Zacks Research Forecasts IMAX’s FY2025 Earnings (NYSE:IMAX)

by · The Cerbat Gem

IMAX Corporation (NYSE:IMAXFree Report) – Investment analysts at Zacks Research lifted their FY2025 earnings per share estimates for IMAX in a research report issued to clients and investors on Friday, November 7th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.84 per share for the year, up from their previous forecast of $0.75. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Zacks Research also issued estimates for IMAX’s Q3 2026 earnings at $0.24 EPS and Q1 2027 earnings at $0.25 EPS.

A number of other brokerages have also recently commented on IMAX. Benchmark upped their price target on shares of IMAX from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, July 25th. Rosenblatt Securities reissued a “buy” rating and set a $42.00 target price on shares of IMAX in a report on Friday, October 24th. JPMorgan Chase & Co. increased their target price on IMAX from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Wedbush raised their price target on IMAX from $35.00 to $39.00 and gave the stock an “outperform” rating in a report on Monday, September 22nd. Finally, B. Riley reiterated a “buy” rating on shares of IMAX in a research report on Friday, October 10th. Nine equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $36.67.

Get Our Latest Stock Report on IMAX

IMAX Stock Up 3.3%

Shares of NYSE:IMAX opened at $35.63 on Monday. The firm has a market capitalization of $1.92 billion, a PE ratio of 50.18, a P/E/G ratio of 2.05 and a beta of 0.60. The company has a 50-day moving average price of $32.20 and a two-hundred day moving average price of $28.75. IMAX has a twelve month low of $20.48 and a twelve month high of $35.66.

IMAX (NYSE:IMAXGet Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.16. IMAX had a return on equity of 9.91% and a net margin of 10.47%.The company had revenue of $106.65 million during the quarter, compared to the consensus estimate of $102.88 million. During the same quarter in the prior year, the company earned $0.35 EPS. The firm’s quarterly revenue was up 16.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. TD Waterhouse Canada Inc. lifted its position in IMAX by 125.0% during the second quarter. TD Waterhouse Canada Inc. now owns 900 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. First Horizon Corp purchased a new stake in shares of IMAX during the 3rd quarter valued at $34,000. Jones Financial Companies Lllp raised its position in shares of IMAX by 43.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,041 shares of the company’s stock valued at $34,000 after buying an additional 317 shares in the last quarter. Clearstead Advisors LLC bought a new stake in shares of IMAX during the 3rd quarter worth $35,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of IMAX by 467.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,215 shares of the company’s stock worth $40,000 after acquiring an additional 1,001 shares during the last quarter. 93.51% of the stock is currently owned by institutional investors.

Insider Activity at IMAX

In other IMAX news, insider Kenneth Ian Weissman sold 15,072 shares of the firm’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $25.65, for a total value of $386,596.80. Following the sale, the insider owned 26,133 shares of the company’s stock, valued at $670,311.45. This trade represents a 36.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Giovanni M. Dolci sold 6,188 shares of IMAX stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $34.25, for a total value of $211,939.00. Following the sale, the executive vice president owned 33,000 shares of the company’s stock, valued at approximately $1,130,250. This trade represents a 15.79% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 91,403 shares of company stock valued at $2,992,994. Company insiders own 23.18% of the company’s stock.

IMAX Company Profile

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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.

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