Imax Corp Stock Today
| IMAX Stock | USD 17.66 0.22 1.26% |
Performance12 of 100
| Odds Of DistressLess than 9
|
Imax Corp is trading at 17.66 as of the 24th of April 2024; that is 1.26 percent up since the beginning of the trading day. The stock's open price was 17.44. Imax Corp has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Imax Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 9th of June 1994 | Category Communication Services |
IMAX Corporation, together with its subsidiaries, operates as an entertainment technology company worldwide. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada. Imax Corp operates under Entertainment classification in the United States and is traded on New York Stock Exchange. The company has 52.95 M outstanding shares of which 2.93 M shares are currently shorted by private and institutional investors with about 3.61 trading days to cover. More on Imax Corp
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Imax Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Imax Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Imax Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Greg Foster | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, NYSE Composite, Consumer Goods, Compulsion, Communication Services, Entertainment, Entertainment, Communication Services (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Imax Corp report their recommendations after researching Imax Corp's financial statements, talking to executives and customers, or listening in on Imax Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Imax Corp. The Imax consensus assessment is calculated by taking the average forecast from all of the analysts covering Imax Corp. | |||||
Imax Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Imax Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Imax Corp's financial leverage. It provides some insight into what part of Imax Corp's total assets is financed by creditors.
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Imax Corp (IMAX) is traded on New York Stock Exchange in USA. It is located in 2525 Speakman Drive, Mississauga, ON, Canada, L5K 1B1 and employs 669 people. Imax Corp is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 923.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Imax Corp's market, we take the total number of its shares issued and multiply it by Imax Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Imax Corp conducts business under Entertainment sector and is part of Communication Services industry. The entity has 52.95 M outstanding shares of which 2.93 M shares are currently shorted by private and institutional investors with about 3.61 trading days to cover.
Imax Corp currently holds about 110.11 M in cash with 58.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.96.
Check Imax Corp Probability Of Bankruptcy
Ownership AllocationImax Corp has a total of 52.95 Million outstanding shares. The majority of Imax Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Imax Corp to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Imax Corp. Please pay attention to any change in the institutional holdings of Imax Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Imax Ownership Details
Imax Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Imax Corp jumping above the current price in 90 days from now is nearly 4.7%. The Imax Corp probability density function shows the probability of Imax Corp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Imax Corp has a beta of 0.2667. This usually indicates as returns on the market go up, Imax Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Imax Corp will be expected to be much smaller as well. Additionally, imax Corp has an alpha of 0.3088, implying that it can generate a 0.31 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Imax Corp to move above the current price in 90 days from now is nearly 4.7 (This Imax Corp probability density function shows the probability of Imax Stock to fall within a particular range of prices over 90 days) .
Imax Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Imax Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Imax Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Imax Corp's value.| Instituion | Recorded On | Shares | |
| State Street Corporation | 2023-12-31 | 898.9 K | |
| Franklin Resources Inc | 2023-12-31 | 876.1 K | |
| Ion Asset Management Ltd. | 2023-12-31 | 828 K | |
| Victory Capital Management Inc. | 2023-12-31 | 825.3 K | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 787 K | |
| Thrivent Financial For Lutherans | 2023-12-31 | 779.4 K | |
| Fmr Inc | 2023-12-31 | 686.2 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 520.3 K | |
| Vanguard Group Inc | 2023-12-31 | 516.6 K | |
| Nantahala Capital Management, Llc | 2023-12-31 | 4.8 M | |
| Macquarie Group Ltd | 2023-12-31 | 4.8 M |
Imax Corp Historical Income Statement
Imax Corp Income Statement is one of the three primary financial statements used for reporting Imax's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Imax Corp revenue and expense. Imax Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Imax Corp's Operating Income is fairly stable compared to the past year. Income Before Tax is likely to rise to about 48.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 38.4 M in 2024. View More FundamentalsImax Stock Against Markets
Picking the right benchmark for Imax Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Imax Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Imax Corp is critical whether you are bullish or bearish towards Imax Corp at a given time. Please also check how Imax Corp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Imax Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Imax Corp Corporate Directors
Imax Corp corporate directors refer to members of an Imax Corp board of directors. The board of directors generally takes responsibility for the Imax Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Imax Corp's board members must vote for the resolution. The Imax Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kevin Douglas | Independent Director | Profile | |
| Dana Settle | Independent Director | Profile | |
| Michael Lynne | Independent Director | Profile | |
| Gregory Foster | Director | Profile |
How to buy Imax Stock?
Before investing in Imax Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Imax Corp. To buy Imax Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Imax Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Imax Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Imax Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Imax Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Imax Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.
Already Invested in Imax Corp?
The danger of trading Imax Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Imax Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Imax Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Imax Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Imax Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Imax Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Imax Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Imax Corp Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imax Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide.Note that the Imax Corp information on this page should be used as a complementary analysis to other Imax Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Imax Stock analysis
When running Imax Corp's price analysis, check to measure Imax Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Imax Corp is operating at the current time. Most of Imax Corp's value examination focuses on studying past and present price action to predict the probability of Imax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imax Corp's price. Additionally, you may evaluate how the addition of Imax Corp to your portfolios can decrease your overall portfolio volatility.
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Is Imax Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Imax Corp. If investors know Imax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Imax Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.03 | Earnings Share 0.46 | Revenue Per Share 6.902 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0411 |
The market value of Imax Corp is measured differently than its book value, which is the value of Imax that is recorded on the company's balance sheet. Investors also form their own opinion of Imax Corp's value that differs from its market value or its book value, called intrinsic value, which is Imax Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Imax Corp's market value can be influenced by many factors that don't directly affect Imax Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Imax Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imax Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imax Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.