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The closing price of Imax Corp (NYSE: IMAX) was $24.72 for the day, down -0.04% from the previous closing price of $24.73. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 0.89 million shares were traded. IMAX stock price reached its highest trading level at $24.795 during the session, while it also had its lowest trading level at $24.02.
Ratios:
Our analysis of IMAX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.83.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 01 ’24 when ELIZABETH DOROTHA GITAJN bought 779 shares for $23.96 per share.
PABLO CALAMERA sold 6,130 shares of IMAX for $104,528 on Apr 26 ’24. The CTO & EVP now owns 42,269 shares after completing the transaction at $17.05 per share. On Mar 14 ’24, another insider, LISTER ROBERT D, who serves as the Chief Legal & Sr Exec VP of the company, sold 25,000 shares for $16.87 each. As a result, the insider received 421,825 and left with 138,889 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 1302313856 and an Enterprise Value of 1563765888. As of this moment, Imax’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.29, and their Forward P/E ratio for the next fiscal year is 19.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 4.525 whereas that against EBITDA is 19.783.
Stock Price History:
Over the past 52 weeks, IMAX has reached a high of $25.28, while it has fallen to a 52-week low of $13.20. The 50-Day Moving Average of the stock is 17.73%, while the 200-Day Moving Average is calculated to be 37.63%.
Shares Statistics:
IMAX traded an average of 635.83K shares per day over the past three months and 940770 shares per day over the past ten 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 83.19% stake in the company. Shares short for IMAX as of 1728950400 were 5067947 with a Short Ratio of 7.97, compared to 1726185600 on 4298097. Therefore, it implies a Short% of Shares Outstanding of 5067947 and a Short% of Float of 11.92.
