Roth Capital Weighs in on IMAX’s Q1 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Equities researchers at Roth Capital decreased their Q1 2025 earnings estimates for IMAX in a research report issued to clients and investors on Thursday, February 20th. Roth Capital analyst E. Handler now forecasts that the company will earn $0.11 per share for the quarter, down from their previous forecast of $0.12. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for IMAX’s Q2 2025 earnings at $0.19 EPS and Q3 2025 earnings at $0.20 EPS.

Several other brokerages have also issued reports on IMAX. Macquarie increased their target price on shares of IMAX from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. Rosenblatt Securities increased their target price on shares of IMAX from $28.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th. Barrington Research increased their target price on shares of IMAX from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Thursday, February 20th. Roth Mkm increased their target price on shares of IMAX from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Finally, Wells Fargo & Company increased their target price on shares of IMAX from $26.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, IMAX currently has a consensus rating of “Moderate Buy” and an average price target of $30.67.

IMAX Stock Up 0.5 %

IMAX opened at $26.40 on Monday. IMAX has a twelve month low of $14.94 and a twelve month high of $27.77. The company has a fifty day moving average of $24.69 and a 200-day moving average of $23.12. The stock has a market cap of $1.40 billion, a PE ratio of 53.87, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22.

IMAX (NYSE:IMAX) last posted its quarterly earnings data 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). IMAX had a return on equity of 8.60% and a net margin of 7.40%. The firm had revenue of $92.67 million for the quarter, compared to analyst estimates of $104.08 million.

Institutional Trading of IMAX

Several institutional investors and hedge funds have recently made changes to their positions in IMAX. FMR LLC raised its holdings in shares of IMAX by 108.4% in the third quarter. FMR LLC now owns 3,949,643 shares of the company’s stock valued at $81,007,000 after purchasing an additional 2,054,031 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of IMAX by 36.9% in the fourth quarter. Ameriprise Financial Inc. now owns 1,823,516 shares of the company’s stock valued at $46,671,000 after purchasing an additional 491,172 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of IMAX in the fourth quarter valued at about $9,143,000. Lord Abbett & CO. LLC purchased a new stake in IMAX during the third quarter worth about $6,322,000. Finally, Pier Capital LLC increased its holdings in IMAX by 132.6% during the fourth quarter. Pier Capital LLC now owns 478,760 shares of the company’s stock worth $12,256,000 after buying an additional 272,949 shares during the last quarter. Hedge funds and other institutional investors own 93.51% of the company’s stock.

Insider Buying and Selling at IMAX

In other news, insider Kenneth Ian Weissman sold 6,309 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $25.51, for a total value of $160,942.59. Following the completion of the sale, the insider now owns 25,139 shares in the company, valued at $641,295.89. This represents a 20.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Robert D. Lister sold 55,910 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $25.50, for a total transaction of $1,425,705.00. Following the completion of the sale, the executive vice president now owns 138,889 shares of the company’s stock, valued at approximately $3,541,669.50. This represents a 28.70 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 65,176 shares of company stock valued at $1,662,110. Corporate insiders own 24.08% of the company’s stock.

About IMAX

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.