Imax Corp (NYSE:IMAX) shares traded 0.77% higher at $27.35 on Wall Street last session.
IMAX stock price is now 2.03% away from the 50-day moving average and 11.30% away from the 200-day moving average. The market capitalization of the company currently stands at $1.47B.
On July 24, 2024, Seaport Research Partners recently initiated its ‘Buy’ rating on the stock quoting a target price of $23, while ‘Barrington Research’ rates the stock as ‘Outperform’
In other news, Richard Gelfond, Officer bought 100,000 shares of the company’s stock on May 19 ’25. The stock was bought for $2,714,000 at an average price of $27.14. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19 ’25, Chief Executive Officer GELFOND RICHARD L sold 100,000 shares of the business’s stock. A total of $2,711,440 was realized by selling the stock at an average price of $27.11. This leaves the insider owning 604,599 shares of the company worth $16.54 million. A total of 19.99% of the company’s stock is owned by insiders.
During the past 12 months, Imax Corp has had a low of $16.33 and a high of $29.66. As of last week, the company has a debt-to-equity ratio of 0.98, a current ratio of 1.82, and a quick ratio of 1.62. According to the stock market information, the enterprise value for the company is $1782977664, which is based on a 59.03 price-to-earnings ratio, a 3.92 price-to-earnings-growth ratio, and a beta of 0.82. The fifty day moving average price for IMAX is $26.8056 and a two-hundred day moving average price translates $24.57225 for the stock.
The latest earnings results from Imax Corp (NYSE: IMAX) was released for 2025-03-31. The net profit margin was 6.98% and return on equity was 9.00% for IMAX. The company reported revenue of $86.67 million for the quarter, compared to $79.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.53 percent. For the current quarter, analysts expect IMAX to generate $92.9M in revenue.
