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After finishing at $22.03 in the prior trading day, Imax Corp (NYSE: IMAX) closed at $21.44, down -2.68%. In other words, the price has decreased by -$2.68 from its previous closing price. On the day, 2.64 million shares were traded. IMAX stock price reached its highest trading level at $22.1813 during the session, while it also had its lowest trading level at $20.48.
Ratios:
Our goal is to gain a better understanding of IMAX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.80.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 24 ’25 when Demirian Eric A sold 23,000 shares for $26.81 per share. The transaction valued at 616,630 led to the insider holds 35,007 shares of the business.
Fernandes Natasha sold 2,957 shares of IMAX for $75,448 on Dec 09 ’24. The Chief Financial Officer & EVP now owns 14,883 shares after completing the transaction at $25.52 per share. On Dec 09 ’24, another insider, Weissman Kenneth Ian, who serves as the Deputy GC, Corp. Sec. & CCO of the company, sold 6,309 shares for $25.51 each. As a result, the insider received 160,927 and left with 25,139 shares of the company.
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 1136836736 and an Enterprise Value of 1393111552. As of this moment, Imax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.45, and their Forward P/E ratio for the next fiscal year is 15.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.23 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 3.955 whereas that against EBITDA is 15.613.
Stock Price History:
The Beta on a monthly basis for IMAX is 0.85, which has changed by 0.31292105 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, IMAX has reached a high of $27.77, while it has fallen to a 52-week low of $14.94. The 50-Day Moving Average of the stock is -15.41%, while the 200-Day Moving Average is calculated to be -5.33%.
Shares Statistics:
The stock has traded on average 863.90K shares per day over the past 3-months and 1619580 shares per day over the last 10 days, according to various share statistics. A total of 52.95M shares are outstanding, with a floating share count of 42.19M. Insiders hold about 20.43% of the company’s shares, while institutions hold 92.28% stake in the company. Shares short for IMAX as of 1743379200 were 4788755 with a Short Ratio of 5.54, compared to 1740700800 on 4838565. Therefore, it implies a Short% of Shares Outstanding of 4788755 and a Short% of Float of 11.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
