Will IMAX Corporation (IMAX) Be Able to Beat the Market?

IMAX increased its total operated theaters to 697 in 2012 in a total of 52 countries. In the past three years IMAX has signed deals to build around 500 new theaters, some of which still have yet to be built. In the next two years IMAX projects to have a total of over 800 theaters. They also expect operating margin to keep rising based on the increasing trend they are experiencing right now.

Conclusion

With Imax’s plan for growth backed by increasing box office sales worldwide, IMAX is poised to grow in the next few years. 2013 should be a good year for movies with big name sequels like Iron Man 3 and Star Trek 2 due to be released. This means that Imax should have at least a good year in 2013, but is a good value play for a re-emerging theater market.

The article Will IMAX Be Able to Beat the Market? originally appeared on Fool.com and is written by Howard Cranford.

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