Brokers Set Expectations for IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Equities research analysts at Seaport Res Ptn upped their Q1 2025 earnings per share estimates for IMAX in a research note issued on Tuesday, March 11th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings per share of $0.20 for the quarter, up from their previous forecast of $0.19. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Seaport Res Ptn also issued estimates for IMAX’s Q3 2025 earnings at $0.28 EPS, Q4 2025 earnings at $0.30 EPS, FY2025 earnings at $0.95 EPS and FY2026 earnings at $1.15 EPS.

IMAX (NYSE:IMAX) last released its earnings results on Wednesday, February 19th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.14). The firm had revenue of $92.67 million during the quarter, compared to analysts’ expectations of $104.08 million. IMAX had a net margin of 7.40% and a return on equity of 8.60%.

A number of other equities analysts also recently commented on IMAX. Wedbush reiterated an “outperform” rating and set a $32.00 price objective on shares of IMAX in a research report on Thursday, February 20th. Macquarie lifted their price objective on IMAX from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. StockNews.com downgraded IMAX from a “buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. lifted their price objective on IMAX from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, February 21st. Finally, Wells Fargo & Company lifted their price objective on IMAX from $26.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.67.

IMAX Price Performance

NYSE IMAX opened at $24.11 on Thursday. The company has a market cap of $1.28 billion, a PE ratio of 49.19, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. The stock’s 50 day simple moving average is $24.67 and its 200-day simple moving average is $23.45. IMAX has a 1-year low of $14.94 and a 1-year high of $27.77.

Institutional Investors Weigh In On IMAX

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC raised its position in IMAX by 1.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 29,176 shares of the company’s stock valued at $747,000 after purchasing an additional 533 shares during the period. Blue Trust Inc. grew its stake in shares of IMAX by 138.5% in the fourth quarter. Blue Trust Inc. now owns 966 shares of the company’s stock valued at $25,000 after buying an additional 561 shares in the last quarter. MetLife Investment Management LLC grew its stake in shares of IMAX by 3.4% in the fourth quarter. MetLife Investment Management LLC now owns 25,918 shares of the company’s stock valued at $664,000 after buying an additional 848 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of IMAX by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,395 shares of the company’s stock valued at $625,000 after buying an additional 905 shares in the last quarter. Finally, US Bancorp DE grew its stake in shares of IMAX by 23.4% in the third quarter. US Bancorp DE now owns 7,656 shares of the company’s stock valued at $157,000 after buying an additional 1,452 shares in the last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

IMAX Company Profile

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.