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Why Imax (IMAX) is a long-term high growth stock
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Why Imax (IMAX) is a long-term high growth stock

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Even if you have an investing style that you rely on, finding good stocks is easier with Zacks Style Scores. These are complementary indicators that evaluate stocks based on value, growth and/or momentum characteristics.

Growth investors build their portfolios around companies that are financially strong and have bright futures, and the Growth Style Score helps consider projected and historical earnings, sales, and cash flow to uncover stocks that will experience long-term sustainable growth.

Headquartered in Mississauga, Canada, IMAX is a global entertainment technology leader specializing in cinema technologies and presentations.

IMAX sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A and a VGM Score of B. Earnings and sales are expected to grow 14.9% and 1.3%, respectively, from a year to year.

Five analysts have revised their earnings estimates upward over the past 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.06 to $1.08 per share. IMAX also posted an average earnings surprise of 94.8%.

On a historical basis, Imax has generated cash flow growth of 0.6% and is expected to see cash flow growth of 154.8% this year.

Investors should take the time to consider IMAX for their portfolios due to its strong Zacks Rank, notable growth metrics, and impressive VGM Growth and Style Scores.

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IMAX Corporation (IMAX): Free Stock Analysis Report

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