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Imax Corp. (IMAX)
NYSE:IMAX
Holding IMAX?
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IMAX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.20 - $22.13
Previous Close$20.32
Volume500.36K
Average Volume (3M)714.40K
Market Cap
$1.07B
Enterprise Value$1.34B
Total Cash (Recent Filing)$91.55M
Total Debt (Recent Filing)$282.87M
Price to Earnings (P/E)52.0
Beta0.64
Next Earnings
Oct 31, 2024EPS Estimate
$0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.39
Shares Outstanding52,676,567
10 Day Avg. Volume532,268
30 Day Avg. Volume714,403
Standard Deviation0.14
R-Squared0.20
Alpha-0.00492
Financial Highlights & Ratios
Price to Book (P/B)4.01
Price to Sales (P/S)3.03
Price to Cash Flow (P/CF)7.70
P/FCF Ratio8.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.74
Enterprise Value/Gross Profit6.24
Enterprise Value/Ebitda32.97
Forecast
1Y Price Target
$25.10Price Target Upside23.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
IMAX News
PremiumCompany Announcements
IMAX Announces Leadership Shift, Senior VP to Exit
PremiumCompany Announcements
Auxly Cannabis Hits Record Q2 Revenue and Profitability
PremiumCompany Announcements
Constellation Software Inc. Reports Strong Q2 Growth
PremiumCompany Announcements
Auxly Cannabis Announces Q2 2024 Earnings Release Date
Bulls Say, Bears Say
Bulls Say
Global ExpansionIMAX is expanding its footprint globally and leaning into local-language content.
Market ShareIMAX is gaining market share as moviegoers increasingly prefer IMAX screens.
System InstallationsManagement raised system installation guidance from 120-150 to 130-150 with improved visibility around system demand and installation cadence heading into year-end.
Bears Say
Analyst RatingAnalyst maintains a Sell rating on shares of IMAX Corp and sees 23% downside to the 12-month price target of $15.00.
Capital AllocationRelatively limited visibility into capital allocation beyond network expansion and tactical share repurchases.
ValuationShares remain overvalued relative to peers given the company's exposure to the secular supply and demand side risks that impact the broader theatrical ecosystem.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
IMAX FAQ
What was Imax Corp.’s price range in the past 12 months?
Imax Corp. lowest stock price was $13.20 and its highest was $22.13 in the past 12 months.
What is Imax Corp.’s market cap?
Currently, no data Available
When is Imax Corp.’s upcoming earnings report date?
Imax Corp.’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were Imax Corp.’s earnings last quarter?
Imax Corp. released its earnings results on Jul 25, 2024. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.13.
Is Imax Corp. overvalued?
According to Wall Street analysts Imax Corp.’s price is currently Undervalued.
Does Imax Corp. pay dividends?
Imax Corp. does not currently pay dividends.
What is Imax Corp.’s EPS estimate?
Imax Corp.’s EPS estimate is $0.28.
How many shares outstanding does Imax Corp. have?
Imax Corp. has 52,676,567 shares outstanding.
What happened to Imax Corp.’s price movement after its last earnings report?
Imax Corp. reported an EPS of $0.18 in its last earnings report, beating expectations of $0.05. Following the earnings report the stock price went up 8.805%.
Which hedge fund is a major shareholder of Imax Corp.?
Among the largest hedge funds holding Imax Corp.’s share is Royce & Associates LLC. It holds Imax Corp.’s shares valued at 30M.
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IMAX Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$25.10 (23.52% Upside)
$25.10 (23.52% Upside)
Blogger Sentiment
Bullish
IMAX Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 144.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 14.1%
Last 30 Days ▼ 14.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.45%
12-Months-Change
Fundamentals
Return on Equity
7.95%
Trailing 12-Months
Asset Growth
1.43%
Trailing 12-Months
Company Description
Imax Corp.
IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: Network Business, Theater Business, New Business, and Other. The Network Business segment represents box office results and which includes the reportable segment of IMAX DMR and contingent rent from the joint revenue sharing arrangements and IMAX systems segments. The Theater Business segment includes the sale and installation of theater systems and maintenance services, primarily related to the IMAX Systems and Theater System Maintenance. The New Business segment involves content licensing and distribution fees associated with the firm's original content investments, virtual reality initiatives, IMAX Home Entertainment, and other business initiatives that are in the development and/or start-up phase. The Other segment refers to certain IMAX theaters that the company owns and operates, camera rentals and other miscellaneous items. The company was founded by Graeme Ferguson, Roman Kroitor, Robert P. Kerr and William Shaw in 1967 and is headquartered in Mississauga, Canada.
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IMAX Company Deck
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IMAX Earnings Call
Q2 2024
0:00 / 0:00
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IMAX Stock 12 Month Forecast
Average Price Target
$25.10
▲(23.52% Upside)
Technical Analysis
Best Analysts Covering IMAX
1 Year
1 Year Success Rate
14/22 ratings generated profit
1 Year Average Return
+2.77%
reiterated a buy rating 2 months ago
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