Immersion (IMMR) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $8.31 to $8.60
• 50-Day Range: $8.30 to $9.79
• 52-Week Range: $6.54 to $13.94
• Volume: 311,617 shs
• Average Volume: 718,707 shs
• Market Capitalization: $272.86 million
• P/E Ratio: 3.02
• Dividend Yield: 2.13%
• Price Target: $13.50
• Consensus Rating: Buy

Immersion Stock Analysis - MarketRank™

Immersion scored higher than 65% of companies evaluated by MarketBeat, and ranked 308th out of 680 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Immersion is 3.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Immersion is 3.02, 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 237.29.

Price to Book Value per Share Ratio

Immersion has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.68% 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 4.3.

Change versus previous month

Short interest in Immersion has recently increased by 3.42%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Immersion pays a meaningful dividend of 2.09%, 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 6.43%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.68% 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 4.3.

Change versus previous month

Short interest in Immersion has recently increased by 3.42%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.47

News Sentiment

Immersion has a news sentiment score of 1.47. 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 higher news sentiment than the 0.64 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

30 people have searched for IMMR on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.

MarketBeat Follows

Only 7 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Immersion insiders have not sold or bought any 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.

IMMR Stock Analysis - Frequently Asked Questions

How have IMMR shares performed this year?

Immersion's stock was trading at $8.73 at the start of the year. Since then, IMMR shares have decreased by 3.2% and is now trading at $8.4530.
View the best growth stocks for 2025 here.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings results on Monday, December, 16th. The software maker reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.68. Immersion had a trailing twelve-month return on equity of 28.08% and a net margin of 11.79%.

Who are Immersion's major shareholders?

Immersion's top institutional shareholders include Kanen Wealth Management LLC (1.86%), Silverleafe Capital Partners LLC (0.08%), SG Americas Securities LLC (0.05%) and Hennessy Advisors Inc. (0.05%). 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.

How do I buy shares of Immersion?

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.

What other stocks do shareholders of Immersion own?

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: 12/16/2024
• Ex-Dividend for 1/24 Dividend: 1/10/2025
• Today: 1/22/2025
• Dividend Payable: 1/24/2025
• Next Earnings (Estimated): 3/06/2025
• Fiscal Year End: 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer peripheral equipment, not elsewhere classified
• Sub-Industry: Computer Storage & Peripherals
• Current Symbol: NASDAQ:IMMR
• CUSIP: 45252110
• CIK: 1058811
• Web: www.immersion.com
• Phone: (408) 467-1900
• Fax: 408-467-1901
• 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: +59.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.80
• Trailing P/E Ratio: 3.02
• Forward P/E Ratio: 5.38
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: 11.79%
• Pretax Margin: N/A
• Return on Equity: 28.08%
• Return on Assets: 12.22%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 1.65
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $33.92 million
• Price / Sales: 8.04
• Cash Flow: $1.04 per share
• Price / Cash Flow: 8.09
• Book Value: $6.32 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 32,280,000
• Free Float: 30,501,000
• Market Cap: $272.86 million
• Optionable: Optionable
• Beta: 1.50