In the Green: Imax Corp (IMAX) Closes at 26.99, Up/Down 0.90 from Previous Day

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In the latest session, Imax Corp (NYSE: IMAX) closed at $26.99 up 0.90% from its previous closing price of $26.75. In other words, the price has increased by $0.90 from its previous closing price. On the day, 0.86 million shares were traded. IMAX stock price reached its highest trading level at $27.33 during the session, while it also had its lowest trading level at $26.605.

Ratios:

For a deeper understanding of Imax Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.41. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1431120384 and an Enterprise Value of 1687395200. As of this moment, Imax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.96, and their Forward P/E ratio for the next fiscal year is 19.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.06 while its Price-to-Book (P/B) ratio in mrq is 4.77. Its current Enterprise Value per Revenue stands at 4.791 whereas that against EBITDA is 18.911.

Stock Price History:

The Beta on a monthly basis for IMAX is 0.91, which has changed by 0.718014 over the last 52 weeks, in comparison to a change of 0.10838497 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 8.71%, while the 200-Day Moving Average is calculated to be 22.64%.

Shares Statistics:

For the past three months, IMAX has traded an average of 713.84K shares per day and 775480 over the past ten days. 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 1740700800 were 4838565 with a Short Ratio of 6.78, compared to 1738281600 on 4511601. Therefore, it implies a Short% of Shares Outstanding of 4838565 and a Short% of Float of 11.29.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Currently, 6.0 analysts are dedicated to thoroughly evaluating and rating the performance of Imax Corp (IMAX) in the stock market.The consensus estimate for the next quarter is $0.2, with high estimates of $0.29 and low estimates of $0.04.

Analysts are recommending an EPS of between $1.4 and $1.02 for the fiscal current year, implying an average EPS of $1.25. EPS for the following year is $1.49, with 7.0 analysts recommending between $1.91 and $1.17.

Revenue Estimates

A total of 10 analysts believe the company’s revenue will be $82.95M this quarter.It ranges from a high estimate of $93M to a low estimate of $73M. As of the current estimate, Imax Corp’s year-ago sales were $79.12MFor the next quarter, 10 analysts are estimating revenue of $93.24M. There is a high estimate of $108.98M for the next quarter, whereas the lowest estimate is $83.42M.

A total of 9 analysts have provided revenue estimates for IMAX’s current fiscal year. The highest revenue estimate was $413.8M, while the lowest revenue estimate was $393.91M, resulting in an average revenue estimate of $406.05M. In the same quarter a year ago, actual revenue was $352.21MBased on 9 analysts’ estimates, the company’s revenue will be $430.65M in the next fiscal year. The high estimate is $469.85M and the low estimate is $409.66M.

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