Is IMAX's stock a good value?
23.20% of the stock of IMAX is held by insiders. A high percentage of insider ownership can be a sign of company health. 74.71% of the stock of IMAX is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for IMAX are expected to grow in the coming year, from ($0.67) to $0.27 per share.
What are analysts'price targets for IMAX's stock?
6 analysts have issued 1-year price targets for Imax's shares. Their forecasts range from $23.00 to $34.00. On average, they anticipate Imax's share price to reach $27.17 in the next twelve months. This suggests a possible upside of 28.7% from the stock's current price. View Analyst Price Targets for Imax.
Is there an upside for IMAX stock?
According to analysts' consensus price target of $24.86, IMAX has a forecasted upside of 39.3% from its current price of $17.84. IMAX has only been the subject of 3 research reports in the past 90 days. IMAX has received 957 “outperform” votes. (Add your “outperform” vote.) IMAX has received 249 “underperform” votes. (Add your “underperform” vote.)
Is IMAX's exposure to China a risk or opportunity?
However, IMAX’s significant exposure to China is a risk. Moreover, higher operating expenses, particularly marketing expenses, are expected to hurt profits in the second half of the year. Moreover, the company faces stiff competition in the out-of-home entertainment industry."
Is IMAX a good stock to buy now?
IMAX has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Will IMAX go up?
The 10 analysts offering 12-month price forecasts for Imax Corp have a median target of 25.00, with a high estimate of 28.00 and a low estimate of 14.00. The median estimate represents a +48.63% increase from the last price of 16.82.
Does IMAX pay a dividend?
Does IMAX pay a dividend? At this time, IMAX does not pay a dividend.
Is IMAX publicly traded?
IMAX Corporation is a publicly traded company listed on the New York Stock Exchange (NYSE: IMAX).
How does IMAX make money?
Imax generates revenues in very simple ways. First,Imax sells and leases its proprietary systems. Then it services those systems; re-masters films to fit the Imax format; makes a few non-Hollywood films; and has revenue-share plans with exhibitors for certain films.
Why IMAX is the best?
IMAX movies are shot using cameras that can record using a larger frame, usually three times the theoretical horizontal resolution of a conventional 35mm film. These cameras are capable of capturing footage with a very high amount of detail and clarity.
How many employees does IMAX have?
673IMAX CorporationTypePublicNet incomeUS$58.5 million (2019)Total assetsUS$889 million (2019)Total equityUS$637 million (2019)Number of employees67314 more rows
What company owns IMAX?
In 2012, Wanda Group acquired AMC Theatres, IMAX's first and largest North American commercial exhibition partner, creating the world's largest cinema owner as well as the largest operator of IMAX theatres.
Is IMAX owned by Regal?
IMAX - Cinema Reimagined With IMAX, you experience films to the fullest. Regal currently operates 97 IMAX theatres across the US with IMAX screens in 25 states.
What does IMAX stand for?
2) Imax is an abbreviation for “Image Maximum” 3) Imax Cameras Are Really Hard To Shoot With. For filmmakers, large format means a large number of challenges—Imax cameras tend to be much heavier, louder, and generally more difficult to shoot with than their non-Imax counterparts.
Is IMAX stock a buy right now?
8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last twelve months. There are currently 1 ho...
Will IMAX's stock price go up in 2022?
8 Wall Street research analysts have issued 12 month target prices for IMAX's stock. Their forecasts range from $20.00 to $30.00. On average, they...
How has IMAX's stock price performed in 2022?
IMAX's stock was trading at $17.84 at the beginning of 2022. Since then, IMAX stock has decreased by 3.0% and is now trading at $17.30. View the b...
When is IMAX's next earnings date?
IMAX is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022. View our earnings forecast for IMAX .
How were IMAX's earnings last quarter?
IMAX Co. (NYSE:IMAX) released its quarterly earnings results on Thursday, April, 28th. The company reported ($0.14) EPS for the quarter, missing an...
Who are IMAX's key executives?
IMAX's management team includes the following people: Mr. Richard Lewis Gelfond , CEO & Director (Age 66, Pay $1.26M) Mr. Robert D. Lister , Ch...
What is Richard L. Gelfond's approval rating as IMAX's CEO?
36 employees have rated IMAX CEO Richard L. Gelfond on Glassdoor.com . Richard L. Gelfond has an approval rating of 63% among IMAX's employees. Th...
Who are some of IMAX's key competitors?
Some companies that are related to IMAX include GoPro (GPRO) , Eastman Kodak (KODK) , Ballantyne Strong (BTN) , Ballantyne Strong (BTN) , Movi...
What other stocks do shareholders of IMAX own?
Based on aggregate information from My MarketBeat watchlists, some companies that other IMAX investors own include Stillwater Mining (SWC) , Inte...
About IMAX
IMAX (NYSE:IMAX) Frequently Asked Questions
IMAX Corp. is an entertainment technology company, which engages in the business of motion picture technologies and presentations. It operates through following four business segments: IMAX Technology Network; IMAX Technology Sales and Maintenance; New Business Initiatives; and Film Distribution and Post-Production.
The latest Marvel movie kept big-screen showings packed, which bodes well for this company's upcoming quarterly reports
9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IMAX in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IMAX stock. View analyst ratings for IMAX or view top-rated stocks.
What happened
Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.
So what
Shares of larger-than-life cinema technologist Imax ( NYSE:IMAX) closed Monday's trading 8.4% higher, having risen 10.2% earlier in the day. The stock rose thanks to an impressive second-weekend showing of Walt Disney 's ( NYSE:DIS) latest superhero movie.
Now what
Shang-Chi and the Legend of the Ten Rings dominated the box office in its second week, collecting domestic ticket sales of $35.8 million. By comparison, Free Guy from another Disney-owned subsidiary, 20th Century Studios, landed in second place with a domestic showing worth $5.8 million.
A big debt offering has investors nervous today
Action-packed Marvel titles are Imax's bread and butter, giving investors another reason to get excited about Shang-Chi 's sustained success. Imax screenings accounted for 9.4% of the domestic box office and 9.1% of international ticket sales in the record-setting premiere week.
What happened
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
So what
Shares of IMAX Corporation ( NYSE:IMAX) dropped as much as 12.6% on Tuesday after the company announced a big debt offering. The stock continues to trade sharply lower and was off 11.7% at 12:55 p.m. EDT.
Now what
Management announced a proposed convertible senior note offering after the market closed yesterday and that's what investors are reacting to. The initial proposal is to sell $200 million of debt that could be converted into cash or stock in the future.
