Roth Capital Analysts Lower Earnings Estimates for IMAX
2025-04-26T06:07:04Z
IMAX Co. (NYSE:IMAX – Free Report) – Research analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for IMAX in a research report issued on Tuesday, April 22nd. Roth Capital analyst E. Handler now anticipates that the company will earn…
IMAX Co. (NYSE:IMAX – Free Report) – Research analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for IMAX in a research report issued on Tuesday, April 22nd. Roth Capital analyst E. Handler now anticipates that the company will earn $0.06 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share. Roth Capital also issued estimates for IMAX’s FY2025 earnings at $0.96 EPS, FY2026 earnings at $1.14 EPS and FY2027 earnings at $1.17 EPS.
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IMAX (NYSE:IMAX – Get Free Report) last issued its quarterly 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 company had revenue of $92.67 million for the quarter, compared to analysts’ expectations of $104.08 million. IMAX had a return on equity of 8.60% and a net margin of 7.40%.
A number of other equities research analysts also recently commented on IMAX. Macquarie increased their price objective on shares of IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a research report on Friday. Barrington Research restated an “outperform” rating and issued a $32.00 price target on shares of IMAX in a research note on Thursday. JPMorgan Chase & Co. decreased their price target on IMAX from $27.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, April 11th. Wells Fargo & Company dropped their price objective on IMAX from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, StockNews.com upgraded IMAX from a “hold” rating to a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, IMAX currently has a consensus rating of “Buy” and an average target price of $30.56.
Read Our Latest Report on IMAX
IMAX Stock Up 2.6 %
Shares of NYSE:IMAX opened at $23.89 on Thursday. IMAX has a fifty-two week low of $14.94 and a fifty-two week high of $27.77. The firm’s 50 day moving average price is $24.70 and its 200 day moving average price is $24.30. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 48.76, a price-to-earnings-growth ratio of 1.49 and a beta of 0.91.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in IMAX. Principal Financial Group Inc. boosted its holdings in shares of IMAX by 69.3% in the fourth quarter. Principal Financial Group Inc. now owns 103,946 shares of the company’s stock valued at $2,661,000 after acquiring an additional 42,562 shares during the period. Intech Investment Management LLC boosted its stake in IMAX by 116.1% during the 4th quarter. Intech Investment Management LLC now owns 21,589 shares of the company’s stock worth $553,000 after purchasing an additional 11,597 shares during the period. Raymond James Financial Inc. purchased a new position in IMAX during the 4th quarter worth $9,143,000. Savant Capital LLC acquired a new position in IMAX in the fourth quarter valued at $249,000. Finally, Lord Abbett & CO. LLC acquired a new position in IMAX in the third quarter valued at $6,322,000. Hedge funds and other institutional investors own 93.51% of the company’s stock.
IMAX Company Profile
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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.
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