Imax (IMAX) Given Daily Media Sentiment Rating of 0.16

Press coverage about Imax (NYSE:IMAX) has trended somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Imax earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.453134793164 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Imax (IMAX) opened at $20.70 on Monday. The stock has a market capitalization of $1,340.00, a price-to-earnings ratio of 207.00, a PEG ratio of 1.19 and a beta of 1.13. Imax has a 1-year low of $17.58 and a 1-year high of $34.60.

Imax (NYSE:IMAX) last released its earnings results on Thursday, October 26th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.07. The company had revenue of $98.80 million for the quarter, compared to analyst estimates of $86.17 million. Imax had a return on equity of 2.62% and a net margin of 1.78%. Imax’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.12 EPS. equities research analysts anticipate that Imax will post 0.23 EPS for the current year.

IMAX has been the topic of a number of analyst reports. Piper Jaffray Companies reiterated a “buy” rating and set a $28.00 price objective on shares of Imax in a research note on Sunday, September 17th. BidaskClub upgraded Imax from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Credit Suisse Group decreased their price objective on Imax from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Thursday, September 28th. Wedbush reaffirmed a “buy” rating and issued a $29.00 price objective on shares of Imax in a report on Tuesday, October 10th. Finally, Zacks Investment Research lowered Imax from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $29.30.

In related news, insider Robert D. Lister sold 3,528 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $23.97, for a total transaction of $84,566.16. Following the completion of the sale, the insider now directly owns 35,594 shares in the company, valued at approximately $853,188.18. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Greg Foster sold 3,566 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $23.97, for a total value of $85,477.02. Following the sale, the chief executive officer now owns 74,696 shares of the company’s stock, valued at $1,790,463.12. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,050 shares of company stock valued at $425,276. 18.90% of the stock is owned by corporate insiders.

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Imax Company Profile

IMAX Corporation is an entertainment technology company. The Company operates through seven segments: IMAX systems; theater system maintenance; joint revenue sharing arrangements; film production and IMAX DMR; film distribution; film post-production, and other. The IMAX systems segment designs, manufactures, sells or leases IMAX theater projection system equipment.

Insider Buying and Selling by Quarter for Imax (NYSE:IMAX)

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