Roth Capital Weighs in on IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Stock analysts at Roth Capital decreased their Q1 2025 EPS estimates for IMAX in a report released on Thursday, February 20th. Roth Capital analyst E. Handler now expects that the company will post earnings per share of $0.11 for the quarter, down from their previous forecast of $0.12. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for IMAX’s Q2 2025 earnings at $0.19 EPS and Q3 2025 earnings at $0.20 EPS.

Several other equities analysts also recently weighed in on the stock. Wedbush reiterated an “outperform” rating and issued a $32.00 target price on shares of IMAX in a research note on Thursday, February 20th. Rosenblatt Securities raised their price objective on shares of IMAX from $28.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, February 20th. Benchmark restated a “buy” rating and issued a $30.00 price objective on shares of IMAX in a research report on Thursday, February 20th. JPMorgan Chase & Co. raised their price objective on shares of IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Friday, February 21st. Finally, Wells Fargo & Company raised their price objective on shares of IMAX from $26.00 to $32.00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, IMAX has an average rating of “Moderate Buy” and a consensus price target of $30.67.

IMAX Stock Up 0.5 %

IMAX opened at $26.40 on Monday. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 53.87, a PEG ratio of 1.49 and a beta of 1.22. The firm has a 50-day moving average price of $24.69 and a 200-day moving average price of $23.12. IMAX has a twelve month low of $14.94 and a twelve month high of $27.77.

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 business had revenue of $92.67 million during the quarter, compared to analysts’ expectations of $104.08 million. IMAX had a return on equity of 8.60% and a net margin of 7.40%.

Institutional Investors Weigh In On IMAX

A number of hedge funds have recently made changes to their positions in IMAX. FMR LLC lifted its holdings in shares of IMAX by 108.4% in the 3rd quarter. FMR LLC now owns 3,949,643 shares of the company’s stock worth $81,007,000 after acquiring an additional 2,054,031 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of IMAX by 36.9% in the 4th quarter. Ameriprise Financial Inc. now owns 1,823,516 shares of the company’s stock worth $46,671,000 after acquiring an additional 491,172 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of IMAX in the 4th quarter worth approximately $9,143,000. Lord Abbett & CO. LLC bought a new stake in shares of IMAX in the 3rd quarter worth approximately $6,322,000. Finally, Pier Capital LLC lifted its holdings in shares of IMAX by 132.6% in the 4th quarter. Pier Capital LLC now owns 478,760 shares of the company’s stock worth $12,256,000 after acquiring an additional 272,949 shares during the last quarter. 93.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at IMAX

In other IMAX news, CFO Natasha Fernandes sold 2,957 shares of IMAX stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $25.52, for a total transaction of $75,462.64. Following the completion of the sale, the chief financial officer now directly owns 14,883 shares in the company, valued at $379,814.16. The trade was a 16.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Robert D. Lister sold 55,910 shares of IMAX stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $25.50, for a total transaction of $1,425,705.00. Following the sale, the executive vice president now owns 138,889 shares of the company’s stock, valued at approximately $3,541,669.50. The trade was a 28.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 65,176 shares of company stock worth $1,662,110 over the last three months. 24.08% of the stock is owned by insiders.

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.