A share price of Imax Corp [IMAX] is currently trading at $23.50, up 5.19%. An important factor to consider is whether the stock is rising or falling in short-term value. The IMAX shares have gain 8.60% over the last week, with a monthly amount drifted -12.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Imax Corp [NYSE: IMAX] stock has seen the most recent analyst activity on July 24, 2024, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $23. Previously, Barrington Research reaffirmed its Outperform rating on April 21, 2023, and elevated its price target to $24. On December 05, 2022, B. Riley Securities reiterated its Buy rating and revised its price target to $23 on the stock. B. Riley Securities reiterated its Buy rating and decreased its price target to $20 on October 12, 2022. Rosenblatt initiated its recommendation with a Buy and recommended $25 as its price target on May 24, 2022. Wells Fargo started tracking with a Overweight rating for this stock on October 22, 2021, and assigned it a price target of $27. In a note dated July 28, 2021, JP Morgan reiterated an Neutral rating on this stock and revised its target price from $24 to $20.
Imax Corp experienced fluctuations in its stock price throughout the past year between $14.94 and $27.77. Currently, Wall Street analysts expect the stock to reach $24.78 within the next 12 months. Imax Corp [NYSE: IMAX] shares were valued at $23.50 at the most recent close of the market. An investor can expect a potential return of 5.45% based on the average IMAX price forecast.
Analyzing the IMAX fundamentals
Trailing Twelve Months sales for Imax Corp [NYSE:IMAX] were 352.21M which represents 7.74% growth. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.82 points at the first support level, and at 22.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.87, and for the 2nd resistance point, it is at 24.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Imax Corp [NYSE:IMAX] is 1.42. On the other hand, the Quick Ratio is 1.25, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 3.54, the price to book ratio is 4.15 and price to earnings (TTM) ratio is 48.72.
Transactions by insiders
Recent insider trading involved Demirian Eric A, Director, that happened on Feb 24 ’25 when 23000.0 shares were sold. Chief Financial Officer & EVP, Fernandes Natasha completed a deal on Dec 09 ’24 to sell 2957.0 shares. Meanwhile, Deputy GC, Corp. Sec. & CCO Weissman Kenneth Ian sold 6309.0 shares on Dec 09 ’24.
