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 most pessimistic price target was 24, which equates to a potential downside of 9.84 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -75.87 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -81.97 percent. Meanwhile, fiscal year estimates have been revised downwards by -33.47 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -45.78 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 5 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 5 analysts made negative revisions to their fiscal year's estimates.

IMAX has an estimated earnings growth rate of 0.3 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 below the high by 38.1 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.