Seaport Res Ptn Comments on IMAX’s Q2 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Equities research analysts at Seaport Res Ptn increased their Q2 2025 earnings estimates for IMAX in a research report issued to clients and investors on Tuesday, March 11th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn $0.18 per share for the quarter, up from their prior forecast of $0.17. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share.

IMAX (NYSE:IMAX) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $104.08 million. IMAX had a return on equity of 8.60% and a net margin of 7.40%.

Several other research firms have also recently commented on IMAX. StockNews.com cut shares of IMAX from a “buy” rating to a “hold” rating in a research note on Tuesday. Barrington Research upped their price objective on shares of IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. JPMorgan Chase & Co. increased their target price on shares of IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. Rosenblatt Securities boosted their price target on IMAX from $28.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, February 20th. Finally, Wells Fargo & Company upped 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. Two 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.67.

IMAX Stock Up 1.0 %

Shares of IMAX stock opened at $24.09 on Friday. IMAX has a 12 month low of $14.94 and a 12 month high of $27.77. The firm has a market cap of $1.28 billion, a PE ratio of 49.16, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. The stock has a 50 day moving average of $24.64 and a 200-day moving average of $23.46.

Hedge Funds Weigh In On IMAX

Several institutional investors have recently added to or reduced their stakes in the company. Mizuho Markets Americas LLC boosted its holdings in shares of 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 acquiring an additional 124,811 shares in 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 valued at $2,661,000 after purchasing an additional 42,562 shares during the last quarter. Royce & Associates LP boosted its stake in IMAX by 3.1% in the third quarter. Royce & Associates LP now owns 1,822,616 shares of the company’s stock worth $37,382,000 after purchasing an additional 54,850 shares in the last quarter. Savant Capital LLC bought a new stake in shares of IMAX during the fourth quarter worth $249,000. Finally, Quantbot Technologies LP acquired a new stake in shares of IMAX in the third quarter valued at $777,000. 93.51% of the stock is 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.