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.

IMAX was given price targets by several analysts. The most optimistic analyst gave a price target of 43.5, which equates to a potential upside of 99.08 percent. The minimum price target given was 24, implying a possible loss of 9.84 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -75.87 percent. The average change in earnings estimates over the last 90 days is -81.97 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -33.47 percent. If we look at the last 90 days instead, we find a net average change of -45.78 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 5 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 5 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of IMAX to grow at a rate of 0.3 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. IMAX has a PEG ratio of 259.1.

In the trailing 52-weeks, IMAX hit 35.30 at the highest peak, while it's lowest trading point was 20.05. The current market price is above the trailing year's low by 8.98 percent, and 38.1 percent lower than its 52-week 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 stock has a market capitalization of $1.45 billion. IMAX's next earnings release will be on 0000-00-00, which is days away.