Analytical Preview of IMAX Corporation (NYSE:IMAX)

u.s stocks update

IMAX Corporation (NYSE:IMAX) belonging to the Consumer Discretionary sector which declined -2.62% and closed its last trading session at $28.21.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 10/26/2016. Currently, the stock has a 1 Year Price Target of $39.47.

The consensus recommendation, according to Zacks Investment research, is 1.11. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.13 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.33 and 1.38 respectively.

IMAX Corporation on 6/30/2016 reported its EPS as $0.18 with the analysts projecting the EPS of the stock as $0.17. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 5.9%.

Many analysts have provided their estimated foresights on IMAX Corporation Earnings, with 13 analysts believing the company would generate an Average Estimate of $0.13. Whereas they predicted High and Low Earnings Estimate as $0.2 and $0.04 respectively. While in the same Quarter Previous year, the Actual EPS was $0.17.

Analysts are also projecting an Average Revenue Estimate for IMAX Corporation as $77.75 Million in the Current Quarter. This estimate is provided by 14 analysts. The High Revenue estimate is predicted as 86.5 Million, while the Low Revenue Estimate prediction stands at 69.62 Million. The company’s last year sales total was 85.1 Million.

For the Current Quarter, the growth estimate for IMAX Corporation is -23.5%, while for the Next Quarter the stock growth estimate is -7.7%. In the past 5 years, the stock showed growth of 15.47% per annum. While for the next 5 years, the growth estimate is 17.9%.

The Company got Upgrade by Wedbush on 22-Feb-16 from Neutral to Outperform.

Insider Trades for IMAX Corporation show that the latest trade was made on 1 Sep 2016 where Gelfond (Richard L), the Chief Executive Officer completed a transaction type “Sell” in which 7741 shares were traded at a price of $30.83.

15 Insider Sales transactions were made totaling 382058 shares traded.

14 analysts projected Price Targets for IMAX Corporation. The analysts believe that the company stock price could grow as high as $45.53. The Low Price target projection by analysts is $22 and the Mean Price Target is $39.47.

IMAX Corporation (NYSE:IMAX) has the market capitalization of $1.88 Billion. The company rocked its 52-Week High of $40.36 on Dec 15, 2015 and touched its 52-Week Low of $25.52 on Feb 11, 2016. The stock has Return on Assets (ROA) of 5.7 percent. Return on Equity (ROE) stands at 8.8% and Return on Investment (ROI) of 10.4 percent.

The stock is currently showing YTD performance of -20.62 Percent. The company has Beta Value of 1.56 and ATR value of 0.68. The Weekly and Monthly Volatility stands at 2.16% and 2.44%.

Company profile:

Imax Corporation is an entertainment technology company, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. They design and manufacture projection and sound systems for giant-screen theaters and are a producer and distributor of films for giant-screen theaters. They also design and manufacture high performance digital image delivery systems in the form of digital projectors capable of projecting  quality images on large screens from any video, computer or HDTV source.