IMAX Gaining On All Grounds - Analyst Highlights StreamSmart Technology And Global Expansion as Catalysts
IMAX Gaining On All Grounds - Analyst Highlights StreamSmart Technology And Global Expansion as Catalysts
Wedbush analyst Alicia Reese reiterated an Outperform rating on the shares of IMAX Corp (NYSE:IMAX) with a price target of $22.
Wedbush分析师艾丽西亚·里斯重申了对IMAX公司（纽约证券交易所代码：IMAX）股票的跑赢大盘评级，目标股价为22美元。
The company is slated to report its first-quarter FY24 earnings on April 25, Thursday.
该公司定于4月25日星期四公布其24财年第一季度收益。
The analyst expects first-quarter revenue of $82 million vs. the prior estimate of $76 million and consensus of $77 million, with EPS of $0.15 vs. the previous estimate of $0.09 and consensus of $0.08.
该分析师预计第一季度收入为8200万美元，而之前的估计为7,600万美元，共识为7700万美元，每股收益为0.15美元，而之前的估计为0.09美元，共识为0.08美元。
IMAX reported a total global first-quarter box office on IMAX screens of $260 million, ahead of the $216 million estimate, thereby raising the analyst's first-quarter revenue estimate by $9 million in revenue from studios and theater partners.
IMAX报告称，IMAX屏幕第一季度全球总票房为2.6亿美元，高于2.16亿美元的预期，从而使分析师第一季度来自制片厂和剧院合作伙伴的收入估计增加了900万美元。
The analyst estimates a 58.3% gross margin (up 72 basis points Y/Y) driven by the outperformance of Dune 2 and sees IMAX to maintain its guidance for adjusted EBITDA margin in the high-30% range in 2024 and 40% in 2025.
该分析师估计，受Dune 2跑赢大盘的推动，毛利率为58.3％（同比增长72个基点），并预计IMAX将在2024年将调整后的息税折旧摊销前利润率维持在-30％的高水平区间内，在2025年维持40％的预期。
IMAX remains on Wedbush's Best Ideas List, given the analyst's view that IMAX is the best way to play any upside to 2024 estimates as consumers' ongoing shift toward premium screens is driving significant market share gains.
IMAX仍在Wedbush的最佳创意清单上，因为消费者向高端屏幕的持续转变推动了市场份额的显著增长，IMAX仍在Wedbush的最佳创意清单上，IMAX是向2024年估计值上涨的最佳方式。
IMAX is less impacted by reduced release slate volume in 2024 and thus, should see less volatility, added the analyst.
分析师补充说，2024年IMAX受发行量减少的影响较小，因此波动性应该会降低。
The brand is expanding its relevance globally by leaning into local-language content and there is an opportunity with IMAX's StreamSmart technology, which could drive estimates higher down the road, said the analyst.
分析师表示，该品牌正在通过专注于本地语言内容来扩大其在全球的影响力，而IMAX的StreamSmart技术有机会，这可能会推动未来的估值上升。
The analyst thinks IMAX can roughly double its screen base, and should be able to accelerate its annual screen growth as its theater partners return to profitability and have more disposable cash to upgrade theaters.
这位分析师认为，随着影院合作伙伴恢复盈利并有更多的可支配现金来升级影院，IMAX可以将其银幕基础增加大约一倍，并且应该能够加快其年度银幕增长。
Price Action: IMAX shares are trading higher by 0.94% at $17.24 on the last check Thursday.
价格走势：在周四的最后一次支票中，IMAX股价上涨0.94％，至17.24美元。
Photo via Wikimedia Commons
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