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 highest price target was 43.5, implying potential capital gains of 99.08 percent. The most pessimistic analyst gave a price target of 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -75.87 percent on average, compared to last month. That number becomes -81.97 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -33.47 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -45.78 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 5 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 5 analysts decreased their estimates.

IMAX has an estimated earnings growth rate of 0.3 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies 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. Today's price is 8.98 percent above the 52-week low, and 38.1 percent below the high. IMAX has a P/E 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 market cap of IMAX is $1.45 billion. IMAX's next earnings release will be on 0000-00-00, which is days away.