Seaport Res Ptn Weighs in on IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Investment analysts at Seaport Res Ptn raised their Q1 2025 EPS estimates for IMAX in a report issued on Tuesday, March 11th. Seaport Res Ptn analyst D. Joyce now anticipates 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.

IMAX (NYSE:IMAX) last released its quarterly 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 company had revenue of $92.67 million during the quarter, compared to the consensus estimate of $104.08 million. IMAX had a net margin of 7.40% and a return on equity of 8.60%.

A number of other analysts have also recently commented on the stock. Macquarie boosted their target price on shares of IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Wedbush restated an “outperform” rating and set a $32.00 target price on shares of IMAX in a report on Thursday, February 20th. Barrington Research boosted their target price on shares of IMAX from $30.00 to $32.00 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 research report on Tuesday. Finally, Rosenblatt Securities lifted their price target on IMAX from $28.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $30.67.

IMAX Stock Down 1.4 %

NYSE:IMAX opened at $23.81 on Thursday. The stock has a market cap of $1.26 billion, a P/E ratio of 48.58, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. The firm’s fifty day simple moving average is $24.67 and its 200 day simple moving average is $23.45. IMAX has a twelve month low of $14.94 and a twelve month high of $27.77.

Hedge Funds Weigh In On IMAX

Hedge funds have recently bought and sold shares of the business. Mizuho Markets Americas LLC raised its position in IMAX by 47.5% in the 3rd quarter. Mizuho Markets Americas LLC now owns 387,689 shares of the company’s stock worth $7,952,000 after buying an additional 124,811 shares during the last quarter. Principal Financial Group Inc. raised its position in IMAX by 69.3% in the 4th quarter. Principal Financial Group Inc. now owns 103,946 shares of the company’s stock worth $2,661,000 after buying an additional 42,562 shares during the last quarter. Royce & Associates LP raised its position in IMAX by 3.1% in the 3rd quarter. Royce & Associates LP now owns 1,822,616 shares of the company’s stock worth $37,382,000 after buying an additional 54,850 shares during the last quarter. Savant Capital LLC bought a new stake in shares of IMAX during the 4th quarter valued at about $249,000. Finally, Quantbot Technologies LP bought a new stake in shares of IMAX during the 3rd quarter valued at about $777,000. Hedge funds and other institutional investors own 93.51% of the company’s stock.

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.