How to Buy Imax Stock
Imax Corp
Imax is a entertainment company located in Ontario, Canada, which is part of the Communication Services sector, and is traded under the ticker IMAX on the NYSE exchange.
Imax stock last closed at $22.34, down 0.49% from the previous day, and has increased 30.26% in one year. It has overperformed other stocks in the Entertainment industry by 0.1 percentage points. Imax stock is currently +49.53% from its 52-week low of $14.94, and -19.55% from its 52-week high of $27.77.
There are currently 53.02M shares of IMAX outstanding. The market value of IMAX is $1.18B. In the past 24 hours, 1.13M IMAX shares were traded.
How to Buy Imax Stock
Not sure how to invest in Imax stock? Here's how.
- Figure out where to buy Imax stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Imax stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Evaluate Imax stock: The Imax ticker symbol is IMAX. Is Imax stock a good investment? Should you buy shares of IMAX? How do IMAX's underlying business fundamentals look? Do top analysts think Imax is a good buy? Why has IMAX's stock price moved recently? (Hint: Our stock research tools can help you figure out if IMAX is a good stock to buy).
- Execute your IMAX trade: Decide if you will purchase IMAX shares at the current market price or use a limit order to buy IMAX shares at a given price.
- Keep tabs on your investment in IMAX: Create a watchlist to important updates regarding your investment in Imax shares.
Step 1: Figure out where to buy Imax stock
You need a brokerage account to access the NYSE market and buy IMAX shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you can buy IMAX today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your investment account
Now that you have created your account on investing apps, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your brokerage account.
Step 4: Evaluate Imax stock
After you have decided on the best place to buy Imax stock, it's crucial to analyze their stock prior to investing, so you can comprehend the risk as well as the upside.
Imax Metrics
IMAX Due Diligence Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on IMAX's stock page.
Is IMAX stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge IMAX's fair value.
Using relative valuations methods:
- IMAX could be undervalued based on its P/E ratio of 45.59x, relative to Entertainment industry P/E ratio of 70.36x
- IMAX could be overvalued based on its P/B ratio of 3.96x, relative to Entertainment industry P/B ratio of 3.35x
- IMAX may be overvalued based on its PEG ratio of 1.04x
You can do more valuation analysis on IMAX's stock here.
Is IMAX a healthy company?
Pros:
- IMAX's operating cash flow of $70.84M allows it to safely service it's debt of $266.26M.
- IMAX profit margin has gone up from 6.8% to 7.4% in the past year.
Cons:
- Total IMAX debt is higher than 5 years ago, relative to shareholder equity.
- IMAX earnings of $39.14M is not enough to cover its interest payments.
- IMAX has a relatively high debt to equity ratio of 1.51.
Is it a good time to buy Imax stock, according to analysts?
Out of 9 sell side analysts who give recommendations on IMAX, the consensus analyst rating on Imax is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest IMAX Analyst Forecasts
Patrick Sholl, a bottom 17% analyst from Barrington Research maintains IMAX with a buy rating and raises their IMAX price target from $30.00 to $32.00, on Feb 20, 2025.
Alicia Reese, a top 11% analyst from Wedbush reiterates IMAX with a buy rating and maintains their IMAX price target from $32.00 to $32.00, on Feb 12, 2025.
James Goss, a bottom 6% analyst from Barrington Research maintains IMAX with a buy rating and raises their IMAX price target from $24.00 to $28.00, on Nov 1, 2024.
Eric Handler, a top 6% analyst from Roth MKM maintains IMAX with a strong buy rating and raises their IMAX price target from $27.00 to $28.00, on Oct 31, 2024.
Roth MKM's Eric Handler raised their price target on IMAX (NYSE: IMAX) by 3.7% from $27 to $28 on 2024/10/31. The analyst maintained their Strong Buy rating on the stock.
IMAX reported its Q3 2024 earnings on 2024/10/23.
Noting the quarter's earnings beat, Handler told readers that IMAX management also guided for a sizable and record FY 2025 global box office of $1.2B, representing 20% to 25% Y/Y growth.
Roth MKM is "positive on how this year's installations are tracking towards the high end of guidance," the analyst added.
Earnings Report
For Q3 2024, IMAX reported:
- EPS of $0.35, which beat the Zacks Consensus Estimate by 59% and was in line with Q3 2023.
- Revenue of $91.4M, which missed the Zacks Consensus Estimate by 2.88% and Q3 2023 by 12%.
Management guided:
For FY 2024:
- Revenue in line with FY 2023.
For FY 2025:
- High-single-digit revenue growth.
CEO Rich Gelfond commented: “IMAX continues to set the table for a new, sustained era of growth with a 2025 and 2026 slate that is as promising as we’ve ever seen.
“With an exceptional content pipeline, accelerating system installations, and robust sales activity worldwide, we are very well-positioned to execute and capitalize on the opportunity ahead over the next several years.”
“As we look forward, we expect 2025 to be our best year ever at the global box office, with more than $1.2 billion in IMAX grosses worldwide.
"Our slate next year is highlighted by at least 14 Filmed for IMAX® releases worldwide shot with our cameras, for our screens — a historical indicator of higher indexing for our platform and further proof that filmmakers and audiences prefer the awe-inspiring IMAX Experience ®.
“Demand for the IMAX platform is strong among our global exhibition partners.
"We installed nearly 50 new and upgraded systems worldwide in the third quarter — one of our best third quarters for installs ever — and continue to strike agreements in key growth markets, including Australia, France, Japan, and Saudi Arabia.”
“Our third quarter performance further demonstrates our ability to deliver results in any environment, reflecting our flexible, asset-lite business model and diversified content portfolio.
"With a strong slate ahead, we look forward to fully capitalizing on our model, our strong brand and technology, and our unique global scale to deliver for our shareholders.”
You can dive deeper into what analysts are saying on the Imax stock forecast page.
IMAX Technical Indicators
IMAX Performance Metrics
Last year, IMAX earnings were $26.06M. In the past 5 year, IMAX's earnings have gone up by -8.4% per year. This was slower than the Entertainment industry average of 20.74%.
Last year, IMAX revenue was $352.21M. In the past 5 year, IMAX's revenue has gone up by -2.3% per year. This was slower than the Entertainment industry average of 11.32%.
Dive into IMAX's earnings and revenue performance here.
What are IMAX executives and large shareholders up to?
In the last year, insiders at IMAX have sold more shares than they have bought.
Giovanni M. Dolci, Chief Commercial Officer EVP of IMAX, was the latest IMAX insider to sell. They sold $128,699.70 worth of IMAX stock on Mar 7, 2025.
Get more info about who owns IMAX shares here.
Can I rely on IMAX as an income stream?
No, Imax doesn't provide an income stream by paying out dividends.
IMAX Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your IMAX trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Click the Open button and your broker will place your order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in IMAX
Now that you own some IMAX stock, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to keep tabs on your IMAX stock.
IMAX Feed
How to Buy Stock in Imax
To reiterate, here are the 6 steps you need to take to buy Imax stock right now:
- Figure out where to buy Imax stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Imax stock
- Execute your IMAX trade
- Keep tabs on your investment in IMAX
If you are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Imax, click below.
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