Analyst Ratings for Imax Corp. (IMAX)

Updated: 2017-07-27

Analysts covering Imax Corp. (NYSE:IMAX) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for IMAX last month.

16 analysts issued ratings on the stock, where 10 gave IMAX a buy rating, 0 issued an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 1.

Many analysts weighed in on price targets for IMAX. The maximum price target given was 43.5, implying a possible profit of 99.08 percent. The lowest price target was 24, implying a possible loss of 9.84 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -75.87 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -81.97 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -33.47 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -45.78 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 5 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts made negative revisions to their fiscal year's estimates.

The growth rate of IMAX's earnings is estimated by analysts to be 0.3 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of IMAX is 259.1.

In the trailing 52-weeks, IMAX hit 35.30 at the highest peak, while it's lowest trading point was 20.05. Currently the stock is 8.98 percent higher than its low, and 38.1 percent below the high. IMAX has a price/earnings ratio of 77.73. Investors typically compare the P/E ratio to a company's peers in the industry. The IMAX value stock report compares IMAX to some of its peers using value stock charts. The stock has a market capitalization of $1.45 billion. IMAX's next earnings release will be on 0000-00-00, which is days away.