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NASDAQ:IMMR

Immersion (IMMR) Stock Price, News & Analysis

Immersion logo
$8.35
-0.02 (-0.24%)
(As of 11/4/2024 ET)

About Immersion Stock (NASDAQ:IMMR)

Key Stats

Today's Range
$8.34
$8.47
50-Day Range
$8.31
$9.40
52-Week Range
$5.94
$13.94
Volume
463,556 shs
Average Volume
672,495 shs
Market Capitalization
$268.72 million
P/E Ratio
4.07
Dividend Yield
2.16%
Price Target
$13.50
Consensus Rating
Buy

Company Overview

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things. The company was incorporated in 1993 and is headquartered in Aventura, Florida.

Immersion Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

IMMR MarketRank™: 

Immersion scored higher than 71% of companies evaluated by MarketBeat, and ranked 260th out of 663 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Immersion has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Immersion has only been the subject of 1 research reports in the past 90 days.

  • Read more about Immersion's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Immersion is 4.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Immersion is 4.07, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 255.57.

  • Price to Book Value per Share Ratio

    Immersion has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Immersion's valuation and earnings.
  • Percentage of Shares Shorted

    12.77% of the float of Immersion has been sold short.
  • Short Interest Ratio / Days to Cover

    Immersion has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Immersion has recently decreased by 3.95%, indicating that investor sentiment is improving.
  • Dividend Yield

    Immersion pays a meaningful dividend of 2.14%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Immersion does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Immersion is 8.78%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Immersion's dividend.
  • Percentage of Shares Shorted

    12.77% of the float of Immersion has been sold short.
  • Short Interest Ratio / Days to Cover

    Immersion has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Immersion has recently decreased by 3.95%, indicating that investor sentiment is improving.
  • News Sentiment

    Immersion has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Immersion this week, compared to 3 articles on an average week.
  • Search Interest

    Only 3 people have searched for IMMR on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
  • MarketBeat Follows

    11 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Immersion insiders have bought more of their company's stock than they have sold. Specifically, they have bought $580,675.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 5.50% of the stock of Immersion is held by insiders.

  • Percentage Held by Institutions

    60.57% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Immersion's insider trading history.
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IMMR Stock News Headlines

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IMMR Stock Analysis - Frequently Asked Questions

Immersion's stock was trading at $7.06 at the beginning of 2024. Since then, IMMR stock has increased by 18.3% and is now trading at $8.35.
View the best growth stocks for 2024 here
.

Immersion Co. (NASDAQ:IMMR) announced its quarterly earnings data on Monday, August, 19th. The software maker reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.55. The software maker had revenue of $99.42 million for the quarter, compared to analyst estimates of $7.29 million. Immersion had a trailing twelve-month return on equity of 27.05% and a net margin of 40.62%.

Top institutional investors of Immersion include Los Angeles Capital Management LLC (0.50%), MorganRosel Wealth Management LLC (0.37%), Greenwood Capital Associates LLC (0.36%) and Hanseatic Management Services Inc. (0.17%). Insiders that own company stock include Eric Singer, Toro 18 Holdings Llc, William C Martin, Childress Frederick Wasch, Aaron Akerman and Francis Jose.
View institutional ownership trends
.

Shares of IMMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Immersion investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Invesco QQQ (QQQ), Broadcom (AVGO), Tesla (TSLA) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
8/19/2024
Ex-Dividend for 10/18 Dividend
10/04/2024
Dividend Payable
10/18/2024
Today
11/05/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Computer Storage & Peripherals
Current Symbol
NASDAQ:IMMR
CUSIP
45252110
Employees
20
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$13.50
Low Stock Price Target
$13.50
Potential Upside/Downside
+61.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$33.98 million
Pretax Margin
47.26%

Debt

Sales & Book Value

Annual Sales
$163.13 million
Cash Flow
$1.06 per share
Book Value
$5.75 per share

Miscellaneous

Free Float
30,412,000
Market Cap
$268.72 million
Optionable
Optionable
Beta
1.48

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This page (NASDAQ:IMMR) was last updated on 11/5/2024 by MarketBeat.com Staff
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