Is Imax Corp Stock a Good Investment?
Imax Corp Investment Advice | IMAX |
- Examine Imax Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Imax Corp's leadership team and their track record. Good management can help Imax Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Imax Corp's business and its evolving consumer preferences.
- Compare Imax Corp's performance and market position to its competitors. Analyze how Imax Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Imax Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Imax Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Imax Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Imax Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Imax Corp Stock
Researching Imax Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 19.0% of the company shares are held by company insiders. The book value of Imax Corp was currently reported as 5.49. The company has Price/Earnings To Growth (PEG) ratio of 0.94. Imax Corp had not issued any dividends in recent years. The entity had 2:1 split on the 27th of May 1997.
To determine if Imax Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Imax Corp's research are outlined below:
| Imax Corp is unlikely to experience financial distress in the next 2 years | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: IMAX Corporation Hits Fresh High Is There Still Room to Run |
Imax Corp Quarterly Liabilities And Stockholders Equity |
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Imax Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Imax Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Imax Corp's 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.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises Imax Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2014-10-23 | 2014-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2014-04-24 | 2014-03-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2009-11-05 | 2009-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2006-08-09 | 2006-06-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2005-08-04 | 2005-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2004-08-09 | 2004-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2003-07-31 | 2003-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2003-02-27 | 2002-12-31 | 0.01 | 0.02 | 0.01 | 100 |
Know Imax Corp's Top 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.
| Shares | Ameriprise Financial Inc | 2024-06-30 | 975.8 K | Primecap Management Company | 2024-09-30 | 925.7 K | State Street Corp | 2024-06-30 | 872.6 K | Franklin Resources Inc | 2024-09-30 | 816.8 K | Millennium Management Llc | 2024-06-30 | 725.9 K | Bank Of America Corp | 2024-06-30 | 671 K | Thrivent Financial For Lutherans | 2024-09-30 | 637.8 K | Bank Of New York Mellon Corp | 2024-06-30 | 587.7 K | Vanguard Group Inc | 2024-09-30 | 551.4 K | Macquarie Group Ltd | 2024-06-30 | 4.6 M | Fmr Inc | 2024-09-30 | 3.9 M |
Imax Corp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.37 B.Market Cap |
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Imax Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.05 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.09 | 0.10 |
Determining Imax Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Imax Corp is a good buy. For example, gross profit margin measures Imax Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Imax Corp's profitability and make more informed investment decisions.
Imax Corp's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Imax Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Imax Corp. Check Imax Corp's Beneish M Score to see the likelihood of Imax Corp's management manipulating its earnings.
Evaluate Imax Corp's management efficiency
Imax Corp has return on total asset (ROA) of 0.0304 % which means that it generated a profit of $0.0304 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0804 %, meaning that it created $0.0804 on every $100 dollars invested by stockholders. Imax Corp's 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. At this time, Imax Corp's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.03 in 2024, whereas Return On Capital Employed is likely to drop 0.05 in 2024. At this time, Imax Corp's Other Current Assets are fairly stable compared to the past year. Other Assets is likely to rise to about 91.4 M in 2024, whereas Total Assets are likely to drop slightly above 547.3 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.36 | 6.68 | |
| Tangible Book Value Per Share | 4.75 | 4.98 | |
| Enterprise Value Over EBITDA | 8.78 | 8.34 | |
| Price Book Value Ratio | 2.99 | 2.35 | |
| Enterprise Value Multiple | 8.78 | 8.34 | |
| Price Fair Value | 2.99 | 2.35 | |
| Enterprise Value | 842.9 M | 600.4 M |
Evaluating the management effectiveness of Imax Corp allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Imax Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.225 |
Basic technical analysis of Imax Stock
As of the 29th of November, Imax Corp retains the Risk Adjusted Performance of 0.1041, market risk adjusted performance of 1.35, and Downside Deviation of 1.91. 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.Imax Corp's 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's Outstanding Corporate Bonds
Imax Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Imax Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Imax bonds can be classified according to their maturity, which is the date when Imax Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Imax Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Imax Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1041 | |||
| Market Risk Adjusted Performance | 1.35 | |||
| Mean Deviation | 1.69 | |||
| Semi Deviation | 1.65 | |||
| Downside Deviation | 1.91 | |||
| Coefficient Of Variation | 789.07 | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.27 | |||
| Information Ratio | 0.0766 | |||
| Jensen Alpha | 0.2807 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1003 | |||
| Treynor Ratio | 1.34 | |||
| Maximum Drawdown | 13.67 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 3.66 | |||
| Semi Variance | 2.73 | |||
| Expected Short fall | (1.94) | |||
| Skewness | 1.75 | |||
| Kurtosis | 7.29 |
| Risk Adjusted Performance | 0.1041 | |||
| Market Risk Adjusted Performance | 1.35 | |||
| Mean Deviation | 1.69 | |||
| Semi Deviation | 1.65 | |||
| Downside Deviation | 1.91 | |||
| Coefficient Of Variation | 789.07 | |||
| Standard Deviation | 2.5 | |||
| Variance | 6.27 | |||
| Information Ratio | 0.0766 | |||
| Jensen Alpha | 0.2807 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1003 | |||
| Treynor Ratio | 1.34 | |||
| Maximum Drawdown | 13.67 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.24 | |||
| Downside Variance | 3.66 | |||
| Semi Variance | 2.73 | |||
| Expected Short fall | (1.94) | |||
| Skewness | 1.75 | |||
| Kurtosis | 7.29 |
Consider Imax Corp's intraday 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 Corporate Filings
13A | 14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F3 | 6th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 1st of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Imax Stock media impact
Far too much social signal, news, headlines, and media speculation about Imax Corp that are available to investors today. That information is available publicly through Imax media outlets and privately through word of mouth or via Imax internal channels. However, regardless of the origin, that massive amount of Imax data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Imax Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Imax Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Imax Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Imax Corp alpha.
Imax Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Imax Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Imax Corp Corporate Directors
| Kevin Douglas | Independent Director | Profile | |
| Dana Settle | Independent Director | Profile | |
| Eric Demirian | Independent Director | Profile | |
| Neil Braun | Independent Director | Profile |
Additional 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.