Q3 Earnings Estimate for IMAX Issued By Wedbush (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Equities research analysts at Wedbush increased their Q3 2025 EPS estimates for shares of IMAX in a research report issued to clients and investors on Thursday, February 20th. Wedbush analyst A. Reese now expects that the company will post earnings of $0.30 per share for the quarter, up from their previous estimate of $0.24. Wedbush has a “Outperform” rating and a $32.00 price target on the stock. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share.

Other research analysts also recently issued research reports about the stock. Barrington Research boosted their target price on shares of IMAX from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. StockNews.com downgraded shares of IMAX from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. upped their price objective on shares of IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday, February 21st. Benchmark reaffirmed a “buy” rating and set a $30.00 price objective on shares of IMAX in a research note on Thursday, February 20th. Finally, Roth Mkm upped their price objective on shares of IMAX from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Two 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 stock. According to data from MarketBeat.com, IMAX has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

IMAX Trading Up 0.5 %

Shares of IMAX stock opened at $26.40 on Monday. The firm has a 50-day moving average price of $24.69 and a 200 day moving average price of $23.12. IMAX has a twelve month low of $14.94 and a twelve month high of $27.77. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 53.87, a PEG ratio of 1.49 and a beta of 1.22.

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

Hedge Funds Weigh In On IMAX

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Polar Asset Management Partners Inc. boosted its holdings in IMAX by 191.6% in the 4th quarter. Polar Asset Management Partners Inc. now owns 204,536 shares of the company’s stock worth $5,236,000 after acquiring an additional 134,389 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in IMAX by 87.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,978 shares of the company’s stock worth $3,788,000 after acquiring an additional 68,957 shares during the period. Squarepoint Ops LLC purchased a new position in IMAX in the 4th quarter worth approximately $999,000. Two Sigma Investments LP purchased a new position in IMAX in the 4th quarter worth approximately $2,411,000. Finally, State of Wyoming boosted its holdings in IMAX by 184.6% in the 4th quarter. State of Wyoming now owns 21,606 shares of the company’s stock worth $553,000 after acquiring an additional 14,014 shares during the period. Hedge funds and other institutional investors own 93.51% of the company’s stock.

Insider Buying and Selling

In related news, EVP Robert D. Lister sold 55,910 shares of the stock in a transaction that occurred on 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kenneth Ian Weissman sold 6,309 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $25.51, for a total transaction of $160,942.59. Following the sale, the insider now directly owns 25,139 shares of the company’s stock, valued at approximately $641,295.89. This trade represents a 20.06 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 65,176 shares of company stock valued at $1,662,110. 24.08% of the stock is currently owned by corporate insiders.

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.