IMAX Co. (NYSE:IMAX – Free Report) – Zacks Research issued their FY2026 earnings estimates for shares of IMAX in a report released on Tuesday, March 19th. Zacks Research analyst V. Sawalka expects that the company will post earnings of $1.19 per share for the year. The consensus estimate for IMAX’s current full-year earnings is $0.54 per share.
IMAX (NYSE:IMAX – Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.05 by $0.12. The company had revenue of $86.02 million during the quarter, compared to analysts’ expectations of $85.83 million. IMAX had a net margin of 6.76% and a return on equity of 9.59%. The business’s revenue for the quarter was down 12.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.05 EPS.
View Our Latest Stock Report on IMAX
IMAX Price Performance
IMAX opened at $16.02 on Thursday. IMAX has a fifty-two week low of $13.20 and a fifty-two week high of $21.82. The firm has a market capitalization of $848.26 million, a price-to-earnings ratio of 34.83, a PEG ratio of 1.47 and a beta of 1.26. The company’s 50 day moving average price is $15.19 and its two-hundred day moving average price is $16.50.
Insider Buying and Selling at IMAX
In related news, VP Robert D. Lister sold 25,000 shares of the firm’s stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $16.87, for a total value of $421,750.00. Following the completion of the transaction, the vice president now directly owns 138,889 shares of the company’s stock, valued at $2,343,057.43. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 24.33% of the company’s stock.
Institutional Trading of IMAX
Institutional investors and hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new position in IMAX in the fourth quarter valued at about $33,000. Price T Rowe Associates Inc. MD lifted its holdings in IMAX by 8.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 10,929 shares of the company’s stock valued at $165,000 after acquiring an additional 806 shares during the period. Legal & General Group Plc raised its stake in shares of IMAX by 2.3% during the 4th quarter. Legal & General Group Plc now owns 48,197 shares of the company’s stock worth $724,000 after buying an additional 1,066 shares during the period. Voya Investment Management LLC raised its stake in shares of IMAX by 560.9% during the 4th quarter. Voya Investment Management LLC now owns 125,986 shares of the company’s stock worth $1,892,000 after buying an additional 106,924 shares during the period. Finally, Occudo Quantitative Strategies LP acquired a new position in IMAX in the 4th quarter valued at $433,000. 75.18% of the stock is currently owned by institutional investors.
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.
See Also
- Five stocks we like better than IMAX
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- KB Home: Building on Strong Foundations During Volatile Times
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Nike Stock and the 30% Rally That’s Expected
- How to Capture the Benefits of Dividend Increases
- Headwinds for Darden Restaurants are an Opportunity For Investors
Receive News & Ratings for IMAX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IMAX and related companies with MarketBeat.com's FREE daily email newsletter.