Q1 2025 EPS Estimates for IMAX Co. Decreased by Barrington Research (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Analysts at Barrington Research dropped their Q1 2025 earnings per share (EPS) estimates for shares of IMAX in a research note issued to investors on Wednesday, September 25th. Barrington Research analyst J. Goss now forecasts that the company will post earnings per share of $0.07 for the quarter, down from their previous forecast of $0.08. Barrington Research currently has a “Outperform” rating and a $24.00 price target on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.69 per share. Barrington Research also issued estimates for IMAX’s Q4 2025 earnings at $0.34 EPS.

Several other equities research analysts have also recently commented on IMAX. Roth Mkm boosted their price target on shares of IMAX from $23.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. Seaport Res Ptn raised IMAX to a “strong-buy” rating in a report on Wednesday, July 24th. Wedbush increased their price objective on shares of IMAX from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Tuesday, September 3rd. Macquarie lifted their target price on shares of IMAX from $24.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, July 26th. Finally, B. Riley increased their price target on shares of IMAX from $27.00 to $30.00 and gave the company a “buy” rating in a report on Monday, July 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $23.67.

IMAX Stock Up 0.5 %

Shares of NYSE:IMAX opened at $20.35 on Friday. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 42.40, a PEG ratio of 1.38 and a beta of 1.25. The company’s fifty day simple moving average is $20.41 and its 200 day simple moving average is $17.91. IMAX has a 12 month low of $13.20 and a 12 month high of $22.13.

IMAX (NYSE:IMAX) last issued its earnings results on Thursday, July 25th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.07 by $0.11. The company had revenue of $88.96 million during the quarter, compared to analysts’ expectations of $74.52 million. IMAX had a net margin of 5.97% and a return on equity of 7.78%. The business’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS.

Hedge Funds Weigh In On IMAX

Several hedge funds have recently bought and sold shares of the company. Private Capital Management LLC boosted its position in shares of IMAX by 54.3% during the 4th quarter. Private Capital Management LLC now owns 1,185,715 shares of the company’s stock worth $17,809,000 after acquiring an additional 417,169 shares in the last quarter. Kodai Capital Management LP bought a new position in shares of IMAX in the 4th quarter valued at $5,287,000. Victory Capital Management Inc. raised its holdings in shares of IMAX by 33.1% during the 2nd quarter. Victory Capital Management Inc. now owns 1,293,221 shares of the company’s stock worth $21,687,000 after buying an additional 321,506 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of IMAX by 178.7% during the 1st quarter. Acadian Asset Management LLC now owns 490,917 shares of the company’s stock worth $7,934,000 after buying an additional 314,742 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in IMAX by 90.6% in the second quarter. Bank of New York Mellon Corp now owns 587,694 shares of the company’s stock valued at $9,856,000 after acquiring an additional 279,410 shares during the last quarter. 93.51% of the stock is owned by institutional investors.

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.