IMAX Corporation (NYSE:IMAX)

CAPS Rating: 5 out of 5

An entertainment technology company specializing in digital and film based motion picture technologies, whose activities are the design, manufacture, sale and lease of theater systems based on proprietary & patented technology for large-format theaters.


Player Avatar TMFPennyWise (< 20) Submitted: 1/30/2013 8:59:22 AM : Outperform Start Price: $23.75 IMAX Score: -10.65

I agree with J P Morgan analyst Townsend Buckles who expects 2012 strong earnings performance will continue through 2013 and 2014 as IMAX expands its global screen count and box office trends remain favourable from the company’s emerging market exposure and focus on blockbuster movies.

I think too more American movie goers will choose to shell out higher prices for the 'luxury' IMAX movie experience in the year ahead as Hollywood focuses on more elaborate (IMAX friendly) film production (a la Skyfall) adding to the IMAX repertoire. More and better IMAX films will enable theatre managers to fine tune their scheduling resulting in increased audience share.

I look forward to a good year for IMAX and an increase in the stock price--perhaps an increase to $30/share or beyond.

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