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The price of Imax Corp (NYSE: IMAX) closed at $19.82 in the last session, down -3.27% from day before closing price of $20.49. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 0.59 million shares were traded. IMAX stock price reached its highest trading level at $20.34 during the session, while it also had its lowest trading level at $19.7.
Ratios:
We take a closer look at IMAX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Seaport Research Partners on July 24, 2024, initiated with a Buy rating and assigned the stock a target price of $23.
On April 21, 2023, Barrington Research reiterated its Outperform rating and also lowered its target price recommendation from $22 to $24.
B. Riley Securities reiterated its Buy rating for the stock on December 05, 2022, while the target price for the stock was revised from $20 to $23.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 26 ’24 when PABLO CALAMERA sold 6,130 shares for $17.05 per share. The transaction valued at 104,528 led to the insider holds 42,269 shares of the business.
LISTER ROBERT D sold 25,000 shares of IMAX for $421,825 on Mar 14 ’24. The Chief Legal & Sr Exec VP now owns 138,889 shares after completing the transaction at $16.87 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMAX now has a Market Capitalization of 1079343616 and an Enterprise Value of 1323346560. As of this moment, Imax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.76, and their Forward P/E ratio for the next fiscal year is 16.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.92 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 3.697 whereas that against EBITDA is 16.303.
Stock Price History:
Over the past 52 weeks, IMAX has reached a high of $22.13, while it has fallen to a 52-week low of $13.20. The 50-Day Moving Average of the stock is -3.30%, while the 200-Day Moving Average is calculated to be 15.88%.
Shares Statistics:
According to the various share statistics, IMAX traded on average about 739.53K shares per day over the past 3-months and 814000 shares per day over the past 10 days. A total of 53.26M shares are outstanding, with a floating share count of 42.20M. Insiders hold about 19.89% of the company’s shares, while institutions hold 81.64% stake in the company. Shares short for IMAX as of 1726185600 were 4298097 with a Short Ratio of 5.81, compared to 1723680000 on 4143311. Therefore, it implies a Short% of Shares Outstanding of 4298097 and a Short% of Float of 10.11.
