Imax Corp Stock Buy Hold or Sell Recommendation
| IMAX Stock | USD 24.71 0.06 0.24% |
Given the investment horizon of 90 days and your conservative attitude towards risk, our recommendation regarding Imax Corp is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Imax Corp given historical horizon and risk tolerance towards Imax Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Imax Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Imax Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Imax Stock please use our How to Invest in Imax Corp guide. In addition, we conduct extensive research on individual companies such as Imax and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Imax Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Imax |
Execute Imax Corp Buy or Sell Advice
The Imax recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Imax Corp. Macroaxis does not own or have any residual interests in Imax Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Imax Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | 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) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Imax Corp Trading Alerts and Improvement Suggestions
| Imax Corp is unlikely to experience financial distress in the next 2 years | |
| Imax Corp has a strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: IMAX To Present at the 8th Annual Wells Fargo TMT Summit |
Imax Corp Returns Distribution Density
The distribution of Imax Corp's historical returns is an attempt to chart the uncertainty of Imax Corp's future price movements. The chart of the probability distribution of Imax Corp daily returns describes the distribution of returns around its average expected value. We use Imax Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Imax Corp returns is essential to provide solid investment advice for Imax Corp.
| Mean Return | 0.32 | Value At Risk | -3.27 | Potential Upside | 3.24 | Standard Deviation | 2.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Imax Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Imax Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Imax Corp, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Imax Corp back and forth among themselves.
| 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 | 2024-06-30 | 865.5 K | Citadel Advisors Llc | 2024-06-30 | 825.2 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 | Macquarie Group Ltd | 2024-06-30 | 4.6 M | Fmr Inc | 2024-09-30 | 3.9 M |
Imax Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 1.9M | 1.6M | 11.5M | (5.5M) | (285K) | (299.3K) | |
| Change In Cash | (32.1M) | 207.9M | (127.7M) | (92.3M) | (21.2M) | (20.1M) | |
| Free Cash Flow | 39.5M | (32.3M) | (11.7M) | (15.3M) | 43.8M | 46.0M | |
| Depreciation | 63.5M | 53.6M | 56.1M | 56.7M | 60.0M | 38.2M | |
| Other Non Cash Items | (16.1M) | 38.9M | (4.8M) | 19.9M | 12.9M | 13.6M | |
| Capital Expenditures | 50.8M | 9.3M | 17.8M | 32.6M | 14.8M | 26.5M | |
| Net Income | 58.6M | (157.5M) | (9.6M) | (19.9M) | 25.3M | 26.6M | |
| End Period Cash Flow | 109.5M | 317.4M | 189.7M | 97.4M | 76.2M | 92.9M | |
| Dividends Paid | 2.4M | 4.2M | 883K | 2.7M | 3.1M | 3.0M | |
| Change To Netincome | 14.5M | 57.1M | 34.6M | 15.5M | 17.8M | 23.8M | |
| Net Borrowings | (20M) | 286.5M | (80.3M) | 32.0M | 36.8M | 21.5M | |
| Investments | (15.2M) | (9.3M) | 17.8M | (53.3M) | (31.5M) | (33.1M) |
Imax Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Imax Corp or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Imax Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Imax stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | 0.09 |
Imax Corp Volatility Alert
Imax Corp has relatively low volatility with skewness of 1.69 and kurtosis of 7.01. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Imax Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Imax Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Imax Corp Fundamentals Vs Peers
Comparing Imax Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Imax Corp's direct or indirect competition across all of the common fundamentals between Imax Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Imax Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Imax Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Imax Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Imax Corp to competition |
| Fundamentals | Imax Corp | Peer Average |
| Return On Equity | 0.0804 | -0.31 |
| Return On Asset | 0.0304 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 1.48 B | 16.62 B |
| Shares Outstanding | 52.68 M | 571.82 M |
| Shares Owned By Insiders | 19.10 % | 10.09 % |
| Shares Owned By Institutions | 87.57 % | 39.21 % |
| Number Of Shares Shorted | 4.77 M | 4.71 M |
| Price To Earning | 43.89 X | 28.72 X |
| Price To Book | 4.51 X | 9.51 X |
| Price To Sales | 3.78 X | 11.42 X |
| Revenue | 374.84 M | 9.43 B |
| Gross Profit | 157.23 M | 27.38 B |
| EBITDA | 112.96 M | 3.9 B |
| Net Income | 25.34 M | 570.98 M |
| Cash And Equivalents | 110.11 M | 2.7 B |
| Cash Per Share | 1.96 X | 5.01 X |
| Total Debt | 252.06 M | 5.32 B |
| Debt To Equity | 0.67 % | 48.70 % |
| Current Ratio | 3.57 X | 2.16 X |
| Book Value Per Share | 5.49 X | 1.93 K |
| Cash Flow From Operations | 58.62 M | 971.22 M |
| Short Ratio | 7.11 X | 4.00 X |
| Earnings Per Share | 0.44 X | 3.12 X |
| Price To Earnings To Growth | 1.04 X | 4.89 X |
| Target Price | 26.09 | |
| Number Of Employees | 669 | 18.84 K |
| Beta | 1.23 | -0.15 |
| Market Capitalization | 1.3 B | 19.03 B |
| Total Asset | 814.67 M | 29.47 B |
| Retained Earnings | (292.85 M) | 9.33 B |
| Working Capital | 220.45 M | 1.48 B |
Note: Insider Trading [view details]
Imax Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Imax . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Imax Corp Buy or Sell Advice
When is the right time to buy or sell Imax Corp? Buying financial instruments such as Imax Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.