Imax Corp Stock Analysis

IMAX -  USA Stock  

USD 17.26  0.19  1.09%

The current Imax Corp price slide may raise some interest from investors. The stock closed today at a share price of 17.26 on 253,557 in trading volume. The company executives were unable to exploit market volatilities in December. However, diversifying your overall positions with Imax Corp can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.8. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Imax Corp unsystematic, company-specific events.
Please see Risk vs Return Analysis.

Imax Corp Stock Analysis 

 
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The Imax Corp stock analysis report makes it easy to digest most publicly released information about Imax Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Imax Corp Stock analysis module also helps to analyze the Imax Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Imax Corp Stock Analysis Notes

About 17.0% of the company shares are held by company insiders. The book value of Imax Corp was currently reported as 5.7. The company recorded a loss per share of 0.92. Imax Corp had not issued any dividends in recent years. The entity had 2:1 split on the 27th of May 1997. 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. It employs 622 people. To learn more about Imax Corp call Greg Foster at 905 403 6500 or check out https://www.imax.com.

Imax Corp Quarterly Cost of Revenue

29.11 MillionShare

Imax Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Imax Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Imax Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Imax Corp generated a negative expected return over the last 90 days
The company reported the previous year's revenue of 202.3 M. Net Loss for the year was (53.67 M) with profit before overhead, payroll, taxes, and interest of 22.32 M.
Imax Corp currently holds about 193.01 M in cash with (11.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.27.
Imax Corp has a frail financial position based on the latest SEC disclosures
Over 80.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: IMAX adds US78m to market cap in the past 7 days, though investors from five years ago are still down percent - Nasdaq

Imax Corp Upcoming and Recent Events

Earnings reports are used by Imax Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Imax Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report3rd of March 2022
Next Earnings Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of March 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Imax Corp Largest EPS Surprises

Earnings surprises can significantly impact Imax Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-04-20
2017-03-310.05040.060.009619 
2014-10-23
2014-09-300.10.110.0110 
2014-04-24
2014-03-310.060.05-0.0116 
View All Earnings Estimates

Imax Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Imax Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Imax Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Imax Corp specific information freely available to individual and institutional investors to make a timely investment decision.
28th of October 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
29th of July 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View
27th of July 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
25th of June 2021
Financial Statements and Exhibits. Regulation FD Disclosure
View
9th of June 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Submission of Matters to a Vote of Security Holders. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View
18th of May 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
29th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
15th of April 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View

Imax Corp Thematic Classifications

In addition to having Imax Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Consumer Goods IdeaConsumer Goods
USA Equities from Consumer Goods industry as classified by Fama & French
Compulsion IdeaCompulsion
Addiction driven consumer products and services
Entertainment IdeaEntertainment
USA Equities from Entertainment industry as classified by Fama & French

Imax Corp Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Imax Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Imax Corp backward and forwards among themselves. Imax Corp's institutional investor refers to the entity that pools money to purchase Imax Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
West Oak Capital LlcCommon Shares435K
Spire Wealth ManagementCommon Shares397K
Patriot Financial Group Insurance Agency LlcCommon Shares200K
Blackrock IncCommon SharesM56.5 M
Alliancebernstein LpCommon Shares2.8 M54 M
Shapiro Capital Management LlcCommon Shares2.8 M53.9 M
Invesco LtdCommon Shares2.8 M53.5 M
Nantahala Capital Management LlcCall Options1.8 M34.2 M
Note, although Imax Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Imax Corp Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.07 B. 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 these looking for more risk prefer small-cap and mid-cap equities.

Imax Corp Profitablity

Imax Corp's profitability indicators refer to fundamental financial ratios that showcase Imax Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Imax Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Imax Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Imax Corp's profitability requires more research than a typical breakdown of Imax Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (26.53) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (21.69) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.22.
Last ReportedProjected for 2022
Return on Average Assets(0.12) (0.14) 
Return on Average Equity(0.31) (0.32) 
Return on Invested Capital(0.10) (0.10) 
Return on Sales(0.72) (0.74) 

Management Efficiency

The entity has return on total asset (ROA) of (2.92) % which means that it has lost $2.92 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (9.49) %, meaning that it created substantial loss on money invested by shareholders. Imax Corp management efficiency ratios could be used to measure how well imax corp manages its routine affairs as well as how well it operates its assets and liabilities. Return on Average Assets is likely to drop to -0.14 in 2022. Return on Average Equity is likely to drop to -0.32 in 2022. Imax Corp Current Assets are fairly stable at the moment as compared to the past year. Imax Corp reported Current Assets of 223.14 Million in 2021. Goodwill and Intangible Assets is likely to rise to about 78.9 M in 2022, whereas Total Assets are likely to drop slightly above 1 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 7.53  7.80 
Enterprise Value over EBIT(9.00) (9.24) 
Enterprise Value over EBITDA(16.73) (17.17) 
Price to Book Value 2.48  3.06 
Tangible Assets Book Value per Share 18.22  15.58 
Enterprise Value948.1 M1.2 B
Tangible Asset Value1.1 B950.4 M

Technical Drivers

As of the 21st of January, Imax Corp retains the risk adjusted performance of (0.044265), and Market Risk Adjusted Performance of (0.08). Imax Corp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Imax Corp, which can be compared to its competitors. Please check out Imax Corp standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Imax Corp is priced fairly, providing market reflects its last-minute price of 17.26 per share. Given that Imax Corp has jensen alpha of (0.13), we strongly advise you to confirm Imax Corp's regular market performance to make sure the company can sustain itself at a future point.

Imax Corp Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Imax Corp price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average. View also all equity analysis or get more info about triple exponential moving average t3 overlap studies indicator.

Imax Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Imax Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Imax Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Imax Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Imax Corp Predictive Daily Indicators

Imax Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Imax Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Imax Corp Forecast Models

Imax Corp time-series forecasting models is one of many Imax Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Imax Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Imax Corp Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Imax Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Imax Corp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Imax Corp. By using and applying Imax Corp Stock analysis, traders can create a robust methodology for identifying Imax Corp entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin(0.37) (0.38) 
Gross Margin 0.14  0.14 
Profit Margin(0.94) (0.97) 
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. It employs 622 people.

Current Imax Corp Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Imax Corp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Imax Corp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
26.13Buy8Odds
Imax Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Imax Corp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Imax Corp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Imax Corp, talking to its executives and customers, or listening to Imax Corp conference calls.
Imax Corp Analyst Advice Details

Imax Corp Stock Analysis Indicators

Imax Corp stock analysis indicators help investors evaluate how Imax Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Imax Corp shares will generate the highest return on investment. By understating and applying Imax Corp stock analysis, traders can identify Imax Corp position entry and exit signals to maximize returns.
Quick Ratio5.11
Fifty Two Week Low13.60
Revenue Growth51.90%
Shares Short Prior Month3.42M
Average Daily Volume Last 10 Day503.07k
Average Daily Volume In Three Month596.95k
Shares Percent Shares Out6.27%
Gross Margins39.41%
Short Percent Of Float7.55%
Forward Price Earnings30.69
Float Shares49.44M
Fifty Two Week High25.05
Enterprise Value To Ebitda-282.93
Fifty Day Average18.45
Two Hundred Day Average19.08
Enterprise Value To Revenue6.40
Please see Risk vs Return Analysis. 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Imax Corp 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 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 Corp 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.
The market value of Imax Corp is measured differently than its book value, which is the value of Imax Corp 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 Imax Corp value 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.