At the time of writing, Imax Corp [IMAX] stock is trading at $29.24, up 1.25%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IMAX shares have gain 8.18% over the last week, with a monthly amount glided 8.58%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Seaport Research Partners started tracking the stock with Buy rating on July 24, 2024, and set its price target to $23. On April 21, 2023, Barrington Research reiterated its Outperform rating and revised its price target to $24 on the stock. B. Riley Securities reiterated its Buy rating and increased its price target to $23 on December 05, 2022. B. Riley Securities reiterated its recommendation of a Buy and reduced its price target to $20 on October 12, 2022. Rosenblatt started tracking with a Buy rating for this stock on May 24, 2022, and assigned it a price target of $25. In a note dated October 22, 2021, Wells Fargo initiated an Overweight rating and provided a target price of $27 on this stock.
For the past year, the stock price of Imax Corp fluctuated between $14.96 and $29.66. Currently, Wall Street analysts expect the stock to reach $24.78 within the next 12 months. Imax Corp [NYSE: IMAX] shares were valued at $29.24 at the most recent close of the market. An investor can expect a potential drop of -15.25% based on the average IMAX price forecast.
Analyzing the IMAX fundamentals
According to Imax Corp [NYSE:IMAX], the company’s sales were 359.75M for trailing twelve months, which represents an 9.53% jump. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.12%, 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 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.93.
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 28.77 points at the first support level, and at 28.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.51, and for the 2nd resistance point, it is at 29.77.
Ratios To Look Out For
It is important to note that Imax Corp [NYSE:IMAX] has a current ratio of 1.82. Also, the Quick Ratio is 1.62, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 4.37, the price to book ratio is 5.25 and price to earnings (TTM) ratio is 63.11.
Transactions by insiders
Recent insider trading involved Richard Gelfond, Officer, that happened on May 19 ’25 when 100000.0 shares were purchased. Chief Executive Officer, GELFOND RICHARD L completed a deal on May 19 ’25 to sell 100000.0 shares. Meanwhile, Director Demirian Eric A sold 23000.0 shares on Feb 24 ’25.
