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 highest price target was 43.5, implying potential capital gains of 99.08 percent. The most pessimistic analyst gave a price target of 24, which equates to a potential downside of 9.84 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 5 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 5 analysts that revised their FY estimates downwards.

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 that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. IMAX has a PEG ratio of 259.1.

IMAX has traded between a high of 35.30 and a low of 20.05 over the past year. Today's price is 8.98 percent above the 52-week 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 market cap of IMAX is $1.45 billion. IMAX's next earnings release will be on 0000-00-00, which is days away.