Imax Corp (NYSE:IMAX)’s traded shares stood at 0.71 million during the last session, with the company’s beta value hitting 0.78. At the close of trading, the stock’s price was $24.86, to imply an increase of 2.94% or $0.71 in intraday trading. The IMAX share’s 52-week high remains $27.77, putting it -11.71% down since that peak but still an impressive 39.9% since price per share fell to its 52-week low of $14.94. The company has a valuation of $1.34B, with an average of 1.15 million shares in intraday trading volume over the past 10 days and average of 1.01 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Imax Corp (IMAX), translating to a mean rating of 1.55. Of 7 analyst(s) looking at the stock, 0 analyst(s) give IMAX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy.
Imax Corp (NYSE:IMAX) trade information
After registering a 2.94% upside in the last session, Imax Corp (IMAX) has traded red over the past five days. The 5-day price performance for the stock is 4.02%, and -6.47% over 30 days. With these gigs, the year-to-date price performance is -2.89%. Short interest in Imax Corp (NYSE:IMAX) saw shorts transact 5.37 million shares and set a 4.34 days time to cover.
The extremes give us $22 and $30 for target low and target high price respectively. As such, IMAX has been trading -20.68% off suggested target high and 11.5% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -8.74% for the past 5-year period. While 2025 is set for a 19.32% return in earnings, projections for the next 5 years are at 15.07% annually.
IMAX Dividends
Imax Corp has its next earnings report out on 2025-Apr-22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Imax Corp (NYSE:IMAX)’s Major holders
Imax Corp insiders hold 19.38% of total outstanding shares, with institutional holders owning 89.11% of the shares at 110.54% float percentage. In total, 89.11% institutions holds shares in the company, led by MACQUARIE GROUP LTD. As of 2024-06-30, the company held over 4.62 million shares (or 8.7781% of shares), all amounting to roughly $77.48 million.
The next major institution holding the largest number of shares is ORBIS ALLAN GRAY LTD with 2.92 million shares, or about 5.552% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $49.0 million.
We also have Delaware Group Equity Funds V-Macquarie Small Cap Core Fund and Fidelity Securities Fund-Fidelity Small Cap Growth Fund as the top two Mutual Funds with the largest holdings of the Imax Corp (IMAX) shares. Going by data provided on Feb 28, 2025 , Delaware Group Equity Funds V-Macquarie Small Cap Core Fund holds roughly 2.6 shares. This is just over 4.84% of the total shares, with a market valuation of $64.7 million. Data from the same date shows that the other fund manager holds a little less at 1.53, or 2.85% of the shares, all valued at about 38.12 million.
