IMAX Co. (NYSE:IMAX – Free Report) – Equities researchers at Barrington Research reduced their Q1 2026 earnings per share (EPS) estimates for IMAX in a note issued to investors on Monday, March 24th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings of $0.08 per share for the quarter, down from their previous estimate of $0.11. Barrington Research 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. Barrington Research also issued estimates for IMAX’s FY2026 earnings at $0.89 EPS.
IMAX has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their price target on shares of IMAX from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday, February 21st. Wedbush reiterated an “outperform” rating and issued a $32.00 target price on shares of IMAX in a research report on Thursday, February 20th. Wells Fargo & Company lifted their price objective on IMAX from $26.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, February 20th. Macquarie boosted their price target on shares of IMAX from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th. Finally, Rosenblatt Securities lifted their price objective on shares of IMAX from $28.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $30.67.
IMAX Price Performance
Shares of IMAX opened at $27.20 on Wednesday. The firm has a market cap of $1.44 billion, a P/E ratio of 55.51, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. IMAX has a 1 year low of $14.94 and a 1 year high of $27.77. The company has a 50 day simple moving average of $24.99 and a two-hundred day simple moving average of $23.74.
IMAX (NYSE:IMAX – Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.17 EPS 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 business had revenue of $92.67 million during the quarter, compared to analysts’ expectations of $104.08 million.
Institutional Investors Weigh In On IMAX
Large investors have recently added to or reduced their stakes in the stock. Intech Investment Management LLC bought a new stake in IMAX during the 3rd quarter valued at $205,000. FMR LLC increased its stake in shares of IMAX by 108.4% during the third 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. Quantbot Technologies LP purchased a new stake in IMAX in the third quarter worth about $777,000. PEAK6 Investments LLC increased its position in IMAX by 312.1% during the 3rd quarter. PEAK6 Investments LLC now owns 55,676 shares of the company’s stock valued at $1,142,000 after purchasing an additional 42,165 shares during the period. Finally, Atom Investors LP purchased a new stake in shares of IMAX in the 3rd quarter worth approximately $265,000. 93.51% of the stock is owned by hedge funds and other 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.
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