IMAX Corporation (IMAX)
| Market Cap | 794.33M |
| Revenue (ttm) | 299.18M |
| Net Income (ttm) | -14.74M |
| Shares Out | 56.26M |
| EPS (ttm) | -0.36 |
| PE Ratio | n/a |
| Forward PE | 15.08 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 390,807 |
| Open | 14.23 |
| Previous Close | 14.36 |
| Day's Range | 14.11 - 14.66 |
| 52-Week Range | 13.44 - 22.10 |
| Beta | 1.32 |
| Analysts | Buy |
| Price Target | 22.89 (+62.1%) |
| Earnings Date | Oct 26, 2022 |
About IMAX
IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. It offers cinematic solution through proprietary software, theater architecture, intellectual property, and specialized equipment. The company offers IMAX Digital Re-Mastering (DMR), a proprietary technology that digitally enhances the image resolution, visual clarity, and sound quality of motion picture films for projection on IMAX screens; IMAX theater systems to exhibitor customers through sales, leases, and joint revenue sharing arra... [Read more...]
Financial Performance
In 2021, IMAX's revenue was $254.88 million, an increase of 86.04% compared to the previous year's $137.00 million. Losses were -$22.33 million, -84.47% less than in 2020.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for IMAX stock is "Buy." The 12-month stock price forecast is 22.89, which is an increase of 62.11% from the latest price.
News
Imax CEO says film industry has evolved from its ‘old normal'
Imax CEO Richard Gelfond says the 'power' of the brand comes from doing innovative things for the filmmaker 'ecosystem.' https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.c...
These Companies are Having Massive Stock Buybacks
Three companies having buybacks.
Why Imax Stock Flopped This Week
Investors are worried that the company could see a slowdown with the economy, mitigating optimism about a new acquisition.
IMAX Acquires AI-Driven Video Technology Startup SSIMWave
IMAX announces the acquisition of SSIMWAVE Inc., a leader in AI-driven video quality solutions for media and entertainment companies.
Imax Expands Horizons With Acquisition Of Streaming Tech Company Ssimwave
Imax Corp. has acquired Ssimwave, an Ontario-based AI-driven tech firm whose clients include media giants from Disney and Paramount Global to Warner Bros. Discovery and NBCU parent Comcast. It's a cash ...
IMAX Acquires Streaming Technology Company SSIMWAVE Inc.
Breakthrough AI-Driven Software and IP to Expand IMAX Image Enhancement Capabilities and Drive New Revenue Across All Video Platforms NEW YORK and MISSISSAUGA, ON , Sept. 22, 2022 /PRNewswire/ -- IMAX C...
Imax Extends CEO Rich Gelfond's Contract Through 2025
Big screen exhibitor Imax has extended the employment agreement of chief executive Richard Gelfond through Dec. 31, 2025. The amendment to Gelfond's initial agreement, effective as of January 1, 2023, a...
Imax Inks Deal For Six New China Theaters; CEO “80%” Confident Of “Return To Normalcy” On Covid Policy, Western Films
Imax just cut a deal for six new big-screen installations in China this year — “a very positive development,” according to CEO Rich Gelfond. The company is a big player in the Chinese market, which is s...
Love Stock Buybacks? These 3 Companies Could Repurchase a Ton of Their Own Shares
While buybacks are nice, we still need to focus on the businesses.
Imax Hires Former HBO Max HR Chief Michele Golden As Global Chief People Officer
Imax has named longstanding human resources executive Michele Golden as its Global Chief People Officer, overseeing HR, recruiting, talent management and diversity, equity, & inclusion. She joins Imax f...
IMAX NAMES MICHELE GOLDEN AS GLOBAL CHIEF PEOPLE OFFICER
Former Chief Human Resources Officer for HBO Max to Lead Global Human Resources, Talent, and Recruiting NEW YORK , Sept. 13, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today named longstanding h...
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Cineworld Bankruptcy's Impact On Imax Is Blunted By Nature Of Lease Deals, Presence In Top-Grossing Sites, CFO Maintains
Imax Corp. CFO Natasha Fernandes said the company is “not exposed as much” as other business partners of Cineworld to the Regal Cinemas parent's bankruptcy filing. The No. 2 global exhibitor made the lo...
IMAX Announces $200 Million Increase to Current Share-Repurchase Program
NEW YORK , Sept. 7, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced an increase of $200 million in the Company's share-repurchase program, bringing the Company's total share repurchas...
IMAX NAMES JENNIFER HORSLEY AS SENIOR VICE PRESIDENT OF INVESTOR RELATIONS
Longstanding Finance Executive Joins IMAX to Oversee Global Investor Relations Strategy NEW YORK , Sept. 6, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) has named Jennifer Horsley as Senior Vice P...
Bear of the Day:IMAX (IMAX)
In a post-COVID world, the movies just don't hit like they used to.
IMAX to Attend Upcoming Investor Conferences
NEW YORK , Aug. 29, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that the Company will be participating in the following conferences. Wednesday, September 7, 2022 (Los Angeles): Ba...
Movie-theater stocks fall, after report that U.K.'s Cineworld is preparing for bankruptcy
Shares of movie theater operators fell in premarket trading Friday, after The Wall Street Journal reported that U.K. cinema chain Cineworld Group PLC CNWGY, +4.67% CINE, -25.74% , the parent of Regal En...
IMAX LIVE AND STAGE ACCESS ANNOUNCE RENÉE FLEMING'S CITIES THAT SING FILM EXPERIENCE SHOWCASING THE VOCAL SUPERSTAR I...
Pair of Engagements to Premiere September 18th (Paris) and October 30th (Venice) in Select IMAX Theaters Globally Fleming to Participate in an Exclusive One-Night-Only Live Conversation Hosted by Kelsey...
New Strong Sell Stocks for August 12th
DDS, LPX, and IMAX have been added to the Zacks Rank #5 (Strong Sell) List on August 12, 2022.
IMAX and Cineworld Expand Longstanding Partnership with Agreement for Upgraded and New IMAX Locations Worldwide
With Five New IMAX with Laser Systems, Cineworld Now Plans to Upgrade or Open a Total of 52 IMAX Systems across its Worldwide Footprint by 2026 NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Cineworld and IMAX...
Imax CEO Richard Gelfond: China box office showing signs of recovery
Imax CEO Richard Gelfond joins CNBC's 'Squawk Box' to break down the company's latest quarterly earnings report, the return to theaters, and more.
Summer blockbuster openings 'are pretty comparable to what it was before' COVID: IMAX CEO
IMAX CEO Richard Gelfond joins Yahoo Finance Live to discuss the state of the summer box office following this blockbuster season and opportunities in live event content amid the continued push for stre...
Here's Why Imax Stock Recovered From Today's Early Drop
Imax is gaining market share as the movie industry rebounds.