IMAX Corporation (IMAX)

NYSE: IMAX · IEX Real-Time Price · USD
14.12
-0.24 (-1.67%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.67%
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...]

Industry Entertainment
IPO Date Jun 9, 1994
CEO Richard Gelfond
Employees 665
Stock Exchange NYSE
Ticker Symbol IMAX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$22.89
(62.11% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 week ago - Fox Business

These Companies are Having Massive Stock Buybacks

Three companies having buybacks.

Other symbols: OLORH
1 week ago - The Dog of Wall Street

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.

1 week ago - The Motley Fool

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.

1 week ago - Zacks Investment Research

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 ...

1 week ago - Deadline

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...

1 week ago - PRNewsWire

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...

1 week ago - Deadline

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...

2 weeks ago - Deadline

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.

Other symbols: OLORH
2 weeks ago - The Motley Fool

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...

2 weeks ago - Deadline

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...

2 weeks ago - PRNewsWire

Best Movie Theater Stocks

Which movie theater stock offers the best ticket to growth?

Other symbols: DIS
2 weeks ago - The Motley Fool

Intrigued by AMC? Here's a Far Better Stock to Buy

The current trend was predicted over a decade ago.

2 weeks ago - The Motley Fool

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...

3 weeks ago - Deadline

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...

3 weeks ago - PRNewsWire

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...

3 weeks ago - PRNewsWire

Bear of the Day:IMAX (IMAX)

In a post-COVID world, the movies just don't hit like they used to.

3 weeks ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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...

Other symbols: AMCCNKEPR
1 month ago - Market Watch

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...

1 month ago - PRNewsWire

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.

Other symbols: DDSLPX
1 month ago - Zacks Investment Research

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...

1 month ago - PRNewsWire

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.

2 months ago - CNBC Television

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...

2 months ago - Yahoo Finance

Here's Why Imax Stock Recovered From Today's Early Drop

Imax is gaining market share as the movie industry rebounds.

2 months ago - The Motley Fool