With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $25.15 whereas the lowest price it dropped to was $24.6. The 52-week range on IMAX shows that it touched its highest point at $25.28 and its lowest point at $13.20 during that stretch. It currently has a 1-year price target of $26.09. Beta for the stock currently stands at 1.23.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IMAX was up-trending over the past week, with a rise of 2.14%, but this was up by 20.42% over a month. Three-month performance surged to 16.89% while six-month performance rose 49.40%. The stock gained 49.31% in the past year, while it has gained 64.91% so far this year. A look at the trailing 12-month EPS for IMAX yields 0.43 with Next year EPS estimates of 1.28. For the next quarter, that number is 0.43. This implies an EPS growth rate of 18.37% for this year and 14.60% for next year. EPS is expected to grow by 20.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.87%.
Float and Shares Shorts:
At present, 53.26 million IMAX shares are outstanding with a float of 42.20 million shares on hand for trading. On 2024-10-31, short shares totaled 4.77 million, which was 905.00005 higher than short shares on 1727654400. In addition to Mr. Richard Lewis Gelfond J.D. as the firm’s CEO & Director, Ms. Natasha Fernandes serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.87578005 of IMAX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, IMAX reported revenue of $91452000.0 and operating income of $18165000.0. The EBITDA in the recently reported quarter was $33690000.0 and diluted EPS was $0.26.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IMAX since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IMAX analysts setting a high price target of 33.0 and a low target of 16.0, the average target price over the next 12 months is 26.09091. Based on these targets, IMAX could surge 33.23% to reach the target high and fall by -35.41% to reach the target low. Reaching the average price target will result in a growth of 5.33% from current levels.
Analysts have provided yearly estimates in a range of $1.22596 being high and $0.9272 being low. For IMAX, this leads to a yearly average estimate of $1.11264.
