<div id="readability-page-1"><p><span>IMAX (NYSE:IMAX - Get Free Report)</span>'s stock had its &#34;outperform&#34; rating restated by Wedbush in a report released on Thursday,RTT News reports. They presently have a $32.00 price target on the stock. Wedbush's target price would indicate a potential upside of 21.79% from the stock's previous close.</p><ul><li>Box Office Revival: 3 Movie Theater Stocks Making a Comeback </li></ul><p>Several other research analysts also recently commented on the stock. Wells Fargo &amp; Company lifted their target price on shares of IMAX from $26.00 to $32.00 and gave the stock an &#34;overweight&#34; rating in a research note on Thursday. Barrington Research boosted their target price on shares of IMAX from $30.00 to $32.00 and gave the company an &#34;outperform&#34; rating in a report on Thursday. StockNews.com cut shares of IMAX from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Thursday, February 13th. Benchmark  reiterated a &#34;buy&#34; rating and issued a $30.00 price target on shares of IMAX in a research note on Thursday. Finally, Roth Mkm upped their price target on shares of IMAX from $27.00 to $28.00 and gave the stock a &#34;buy&#34; rating in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating, eight have issued  a buy rating and one  has issued  a strong buy rating to the stock. Based on data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $30.00.</p><p><b>Get Our Latest Research Report on IMAX</b></p><h2>IMAX Stock Performance</h2><ul><li>Big Screen Stock Soars on Blockbuster Q2 Earnings</li></ul><p>IMAX stock traded down $0.95 during mid-day trading on Thursday, hitting $26.28. 446,779 shares of the company traded hands, compared to its average volume of 682,804. IMAX has a one year low of $14.94 and a one year high of $27.38. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 59.72, a price-to-earnings-growth ratio of 1.49 and a beta of 1.22. The stock has a fifty day moving average price of $24.63 and a 200-day moving average price of $22.93. </p><p>IMAX (NYSE:IMAX - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.14). The company had revenue of $92.67 million for the quarter, compared to the consensus estimate of $104.08 million. IMAX had a net margin of 6.74% and a return on equity of 7.53%.  Sell-side analysts predict that  IMAX will post 0.64 EPS for the current year. </p><h2>Insider Activity</h2><ul><li>AMC Entertainment: Time to Take Step Back Into This Meme Stock?</li></ul><p>In related news, EVP Robert D. Lister sold 55,910 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $25.50, for a total transaction of $1,425,705.00. Following the sale, the executive vice president now owns 138,889 shares of the company's stock, valued at $3,541,669.50. This trade represents a 28.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Also, CFO Natasha Fernandes sold 2,957 shares of the firm's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $25.52, for a total value of $75,462.64. Following the sale, the chief financial officer now directly owns 14,883 shares in the company, valued at approximately $379,814.16. The trade was a 16.58 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,176 shares of company stock worth $1,662,110. 24.08% of the stock is currently owned by insiders. </p><h2>Institutional Investors Weigh In On IMAX</h2><p>A number of institutional investors have recently added to or reduced their stakes in the stock. Mizuho Markets Americas LLC boosted its holdings in  IMAX by 47.5% in the third quarter. Mizuho Markets Americas LLC now owns 387,689 shares of the company's stock worth $7,952,000 after acquiring an additional 124,811 shares in the last quarter.  Royce &amp; Associates LP lifted its holdings in shares of  IMAX by 3.1% during the third quarter. Royce &amp; Associates LP now owns 1,822,616 shares of the company's stock worth $37,382,000 after purchasing an additional 54,850 shares during the period.  Quantbot Technologies LP purchased a new position in  IMAX during the third quarter valued at approximately $777,000.  Lord Abbett &amp; CO. LLC purchased a new position in  IMAX during the third quarter valued at approximately $6,322,000.  Finally, SG Americas Securities LLC purchased a new stake in shares of  IMAX in the fourth quarter valued at approximately $333,000. Institutional investors own  93.51% of the company's stock. </p><h2>About IMAX</h2> (Get Free Report)<p>IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than IMAX</li><li>The Most Important Warren Buffett Stock for Investors: His Own</li><li>Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive</li><li>Special Purpose Acquisition Company (SPAC) What You Need to Know </li><li>Tesla: 2 Reasons to Buy, 1 Reason to Run</li><li>Quiet Period Expirations Explained</li><li>Should You Hold NVIDIA Stock for the Long Haul or Trade It?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlNQVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUlNQVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in IMAX Right Now?</h2><p>Before you consider IMAX, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IMAX wasn't on the list.</p><p>While IMAX currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IMAX

<p>Wedbush has reaffirmed an "outperform" rating for IMAX (NYSE:IMAX) with a price target of $32.00, indicating a potential upside of 21.79%. Other analysts, including Wells Fargo and Barrington Research, have also raised their price targets to $32.00. IMAX's stock recently traded at $26.28, with a market cap of $1.38 billion. The company reported earnings of $0.17 per share, missing estimates. Insider trading activity has seen executives selling shares, while institutional investors have increased their stakes in the company.</p>

Wedbush Reaffirms "Outperform" Rating for IMAX (NYSE:IMAX)