Should I buy or sell Immersion stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" IMMR shares. View IMMR analyst ratings or view top-rated stocks .

What is Immersion's stock price target for 2024?

1 Wall Street analysts have issued 1-year target prices for Immersion's stock. Their IMMR share price targets range from $11.00 to $11.00. On average, they anticipate the company's share price to reach $11.00 in the next year. This suggests a possible upside of 53.0% from the stock's current price. View analysts price targets for IMMR or view top-rated stocks among Wall Street analysts .

How have IMMR shares performed in 2024?

Immersion's stock was trading at $7.06 on January 1st, 2024. Since then, IMMR shares have increased by 1.8% and is now trading at $7.19. View the best growth stocks for 2024 here .

When is Immersion's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our IMMR earnings forecast .

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) released its quarterly earnings results on Thursday, March, 7th. The software maker reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.30. The software maker earned $10.38 million during the quarter, compared to analysts' expectations of $9.25 million. Immersion had a trailing twelve-month return on equity of 19.75% and a net margin of 100.17%.

How often does Immersion pay dividends? What is the dividend yield for Immersion?

Immersion announced a quarterly dividend on Thursday, April 11th. Investors of record on Friday, April 12th will be given a dividend of $0.045 per share on Friday, April 19th. This represents a $0.18 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Thursday, April 11th. Read our dividend analysis for IMMR .

Is Immersion a good dividend stock?

Immersion (NASDAQ:IMMR) pays an annual dividend of $0.18 per share and currently has a dividend yield of 2.48%. The dividend payout ratio is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for IMMR .

What ETFs hold Immersion's stock?

ETFs with the largest weight of Immersion (NASDAQ:IMMR) stock in their portfolio include ProShares Metaverse ETF (VERS) and Jacob Forward ETF (JFWD) . Invesco Nasdaq Future Gen 200 ETF (QQQS) .

What is Ramzi Haidamus' approval rating as Immersion's CEO?

3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com . Ramzi Haidamus has an approval rating of 64% among the company's employees.

What other stocks do shareholders of Immersion own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Netflix (NFLX) , QUALCOMM (QCOM) , Twitter (TWTR) , Micron Technology (MU) , Sorrento Therapeutics (SRNE) , Tesla (TSLA) , Salesforce (CRM) and Trade Desk (TTD) .

Who are Immersion's major shareholders?

Immersion's stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.26%) and Register Financial Advisors LLC (0.08%). Insiders that own company stock include Aaron Akerman , Elias Nader, Eric Singer , Francis Jose , Toro 18 Holdings Llc and William C Martin . 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. Compare Top Brokerages Here .

NASDAQ:IMMR

Immersion (IMMR) Stock Price, News & Analysis

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Free IMMR Stock Alerts

$7.17

+0.07 (+0.99%)

(As of 04/19/2024 ET)

Compare

Today's Range: $7.06
▼
$7.21
50-Day Range: $6.58
▼
$8.37
52-Week Range: $5.94
▼
$8.62

Volume: 289,140 shs
Average Volume: 518,568 shs
Market Capitalization: $227.30 million

P/E Ratio: 6.96
Dividend Yield: 2.51%
Price Target: $11.00

Get Immersion alerts:

Immersion MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 53.0% Upside
$11.00 Price Target
Short Interest: Healthy
3.88% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.24
Based on 6 Articles This Week
Insider Trading: Selling Shares
$106,860 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.71 out of 5 stars

Computer And Technology Sector

370th out of 582 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

9th out of 14 stocks

3.5

Analyst's Opinion

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.

5.0

Short Interest

Percentage of Shares Shorted
3.88% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Immersion has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Immersion pays a meaningful dividend of 2.48%, 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 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IMMR.

1.8

News and Social Media Coverage

News Sentiment
Immersion has a news sentiment score of 0.24. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Immersion this week, compared to 2 articles on an average week.
Search Interest
Only 16 people have searched for IMMR on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Immersion insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $106,860.00 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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Immersion is 6.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Immersion is 6.98, 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 238.97.
Price to Book Value per Share Ratio
Immersion has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Immersion Stock (NASDAQ:IMMR)

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.

IMMR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IMMR Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Immersion (IMMR) on Strong Financials and Strategic Investments in Haptics and Education Sectors

April 16, 2024 | finanznachrichten.de

BitMine Immersion Technologies Inc.: BitMine Immersion Technologies, Inc. Chairman and CEO Issues Open Letter to Shareholders

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 16, 2024 | businesswire.com

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

April 14, 2024 | americanbankingnews.com

Reviewing Silverlake Axis (OTCMKTS:SLVFF) & Immersion (NASDAQ:IMMR)

April 11, 2024 | msn.com

Police search Milwaukee French Immersion School after multiple threats

April 11, 2024 | seekingalpha.com

Immersion Corporation: Undervalued On Paper, Despite Lack Of Growth

April 10, 2024 | msn.com

Police search Milwaukee French Immersion School after third bomb threat in a week

April 19, 2024 | Altimetry (Ad)

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April 10, 2024 | americanbankingnews.com

Immersion (NASDAQ:IMMR) Shares Cross Above Two Hundred Day Moving Average of $6.90

March 29, 2024 | msn.com

Glan Usk school in Newport hold Ramadan Immersion Day

March 26, 2024 | finance.yahoo.com

Zacks Investment Ideas feature highlights: IMMERSION, DHI Group and QuickLogic

March 23, 2024 | msn.com

Immersion declares $0.045 dividend

March 22, 2024 | markets.businessinsider.com

3 Undervalued Stocks That Could 10X in 5 Years

March 21, 2024 | msn.com

Blumhouse Inks Deal With ‘Shark Tank’ Contestant American Immersion Theater

March 15, 2024 | finance.yahoo.com

Immersion Corp (IMMR) Director Elias Nader Sells 13,000 Shares

March 11, 2024 | finance.yahoo.com

Immersion Corp (IMMR) Reports Solid FY2023 Earnings with Increased Net Income

March 9, 2024 | finance.yahoo.com

Immersion Full Year 2023 Earnings: Beats Expectations

March 8, 2024 | msn.com

IMMR Stock Earnings: Immersion Beats EPS, Beats Revenue for Q4 2023

March 7, 2024 | msn.com

Immersion (IMMR) Gains But Lags Market: What You Should Know

March 7, 2024 | businesswire.com

Immersion Corporation Reports Fourth Quarter and Full Year 2023 Results

March 4, 2024 | markets.businessinsider.com

Immersion Renews License Agreement With Nintendo

February 20, 2024 | finance.yahoo.com

Immersion (IMMR) Sees a More Significant Dip Than Broader Market: Some Facts to Know

February 18, 2024 | barrons.com

Immersion Corp.

February 16, 2024 | bizjournals.com

Meta signs tech licensing agreement with Aventura company

February 15, 2024 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Technology Stocks: Immersion (IMMR) and SunPower (SPWR)

February 15, 2024 | finance.yahoo.com

Immersion Corporation (IMMR) is Attracting Investor Attention: Here is What You Should Know

See More Headlines

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Company Calendar

Ex-Dividend for 1/25 Dividend: 1/11/2024
Dividend Payable: 1/25/2024
Last Earnings: 3/07/2024
Ex-Dividend for 4/19 Dividend: 4/11/2024
Today: 4/19/2024
Dividend Payable: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

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: 14
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $11.00
High Stock Price Target: $11.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +53.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.03
Trailing P/E Ratio: 6.95
Forward P/E Ratio: 6.45
P/E Growth: N/A
Net Income: $33.98 million
Net Margins: 100.17%
Pretax Margin: 126.52%
Return on Equity: 19.75%
Return on Assets: 16.57%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.93
Quick Ratio: 8.93

Sales & Book Value

Annual Sales: $33.92 million
Price / Sales: 6.69
Cash Flow: $1.08 per share
Price / Cash Flow: 6.63
Book Value: $5.75 per share
Price / Book: 1.25

Miscellaneous

Outstanding Shares: 31,700,000
Free Float: 29,957,000
Market Cap: $226.97 million
Optionable: Optionable
Beta: 1.49

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Key Executives

Mr. Eric Brandon Singer (Age 51)
CEO, President & Chairperson
Comp: $3.78M
Mr. Leonard Wood (Age 68)
Chief Accounting Officer
Comp: $309.06k
Ms. Sophie Laval
Head of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IMMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Immersion stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" IMMR shares.
View IMMR analyst ratings or view top-rated stocks.
What is Immersion's stock price target for 2024?: 1 Wall Street analysts have issued 1-year target prices for Immersion's stock. Their IMMR share price targets range from $11.00 to $11.00. On average, they anticipate the company's share price to reach $11.00 in the next year. This suggests a possible upside of 53.0% from the stock's current price.
View analysts price targets for IMMR or view top-rated stocks among Wall Street analysts.
How have IMMR shares performed in 2024?: Immersion's stock was trading at $7.06 on January 1st, 2024. Since then, IMMR shares have increased by 1.8% and is now trading at $7.19.
View the best growth stocks for 2024 here.
When is Immersion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our IMMR earnings forecast.
How were Immersion's earnings last quarter?: Immersion Co. (NASDAQ:IMMR) released its quarterly earnings results on Thursday, March, 7th. The software maker reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.30. The software maker earned $10.38 million during the quarter, compared to analysts' expectations of $9.25 million. Immersion had a trailing twelve-month return on equity of 19.75% and a net margin of 100.17%.
How often does Immersion pay dividends? What is the dividend yield for Immersion?: Immersion announced a quarterly dividend on Thursday, April 11th. Investors of record on Friday, April 12th will be given a dividend of $0.045 per share on Friday, April 19th. This represents a $0.18 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Thursday, April 11th.
Read our dividend analysis for IMMR.

Is Immersion a good dividend stock?: Immersion (NASDAQ:IMMR) pays an annual dividend of $0.18 per share and currently has a dividend yield of 2.48%. The dividend payout ratio is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IMMR.
What ETFs hold Immersion's stock?: ETFs with the largest weight of Immersion (NASDAQ:IMMR) stock in their portfolio include ProShares Metaverse ETF (VERS) and Jacob Forward ETF (JFWD).Invesco Nasdaq Future Gen 200 ETF (QQQS).
What is Ramzi Haidamus' approval rating as Immersion's CEO?: 3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among the company's employees.
What other stocks do shareholders of Immersion own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Immersion investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Twitter (TWTR), Micron Technology (MU), Sorrento Therapeutics (SRNE), Tesla (TSLA), Salesforce (CRM) and Trade Desk (TTD).
Who are Immersion's major shareholders?: Immersion's stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.26%) and Register Financial Advisors LLC (0.08%). Insiders that own company stock include Aaron Akerman, Elias Nader, Eric Singer, Francis Jose, Toro 18 Holdings Llc and William C Martin.
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.
Compare Top Brokerages Here.

This page (NASDAQ:IMMR) was last updated on 4/19/2024 by MarketBeat.com Staff

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