Seaport Res Ptn Weighs in on IMAX’s Q2 Earnings (NYSE:IMAX)

IMAX Co. (NYSE:IMAX) – Investment analysts at Seaport Res Ptn reduced their Q2 2025 EPS estimates for IMAX in a research report issued to clients and investors on Thursday, February 20th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will earn $0.17 per share for the quarter, down from their previous forecast of $0.22. The consensus estimate for IMAX’s current full-year earnings is $0.91 per share.

IMAX (NYSE:IMAX) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.14). The firm had revenue of $92.67 million for the quarter, compared to analyst estimates of $104.08 million. IMAX had a return on equity of 8.60% and a net margin of 7.40%.

Several other brokerages have also recently issued reports on IMAX. JPMorgan Chase & Co. boosted 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. Macquarie boosted their price target on IMAX from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. Wells Fargo & Company upped their price target on IMAX from $26.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, February 20th. StockNews.com lowered IMAX from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th. Finally, 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 report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, IMAX presently has an average rating of “Moderate Buy” and a consensus target price of $30.67.

IMAX Price Performance

IMAX opened at $26.40 on Monday. IMAX has a 12 month low of $14.94 and a 12 month high of $27.77. The business has a 50-day moving average of $24.69 and a two-hundred day moving average of $23.12. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 53.87, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22.

Insider Buying and Selling at IMAX

In other news, CFO Natasha Fernandes sold 2,957 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $25.52, for a total transaction of $75,462.64. Following the completion of the transaction, the chief financial officer now owns 14,883 shares in the company, valued at approximately $379,814.16. This trade represents a 16.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Robert D. Lister sold 55,910 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $25.50, for a total value of $1,425,705.00. Following the completion of the transaction, the executive vice president now directly owns 138,889 shares in the company, valued at $3,541,669.50. This represents a 28.70 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 65,176 shares of company stock valued at $1,662,110. Company insiders own 24.08% of the company’s stock.

Institutional Investors Weigh In On IMAX

A number of institutional investors have recently bought and sold shares of the business. FMR LLC boosted its stake in shares of IMAX by 108.4% during the 3rd quarter. FMR LLC now owns 3,949,643 shares of the company’s stock valued at $81,007,000 after buying an additional 2,054,031 shares during the period. Ameriprise Financial Inc. boosted its position in IMAX by 36.9% during 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 position in IMAX in the fourth quarter valued at about $9,143,000. Lord Abbett & CO. LLC acquired a new position in IMAX in the 3rd quarter worth about $6,322,000. Finally, Pier Capital LLC raised its stake in shares of IMAX by 132.6% during the 4th quarter. Pier Capital LLC now owns 478,760 shares of the company’s stock worth $12,256,000 after purchasing an additional 272,949 shares in the last quarter. 93.51% of the stock is currently owned by institutional investors and hedge funds.

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.