NASDAQ:IMMR - Immersion Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$8.44 -0.09 (-1.06 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$8.44
Today's Range$8.44 - $8.70
52-Week Range$6.31 - $17.70
Volume198,220 shs
Average Volume207,944 shs
Market Capitalization$259.98 million
P/E Ratio-7.09
Dividend YieldN/A
Beta0.93
Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. Its technologies allow people to use their sense of touch when they engage with various digital products. The company offers TouchSense Lite and TouchSense Premium toolkits that enable original equipment manufacturers and their suppliers to add customized haptic technologies to their own branded devices and other products. It also provides TouchSense Software Development Kits, which consist of design tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in mobile content, including games, ads, and video. In addition, the company offers TouchSense Force, which comprises design tools, APIs, reference designs, and firmware for the PC/Console gaming/virtual reality markets. Further, the company licenses its patents to implement the licensed software to customers. Additionally, it provides engineering and integration services, design kits for prototyping, authoring tools, application programming interfaces, and platform independent solutions. The company offers its products to mobile communications, wearables, and consumer electronics; console and PC gaming; automotive; and medical markets. Immersion Corporation was founded in 1993 and is headquartered in San Jose, California.

Receive IMMR News and Ratings via Email

Sign-up to receive the latest news and ratings for IMMR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
Current SymbolNASDAQ:IMMR
Previous Symbol
CUSIP45252110
Phone408-467-1900

Debt

Debt-to-Equity RatioN/A
Current Ratio10.17
Quick Ratio10.17

Price-To-Earnings

Trailing P/E Ratio-7.09
Forward P/E Ratio4.96
P/E Growth0.33

Sales & Book Value

Annual Sales$35.01 million
Price / Sales7.43
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.33 per share
Price / Book25.58

Profitability

EPS (Most Recent Fiscal Year)($1.19)
Net Income$-45,290,000.00
Net Margins42.23%
Return on Equity62.41%
Return on Assets39.21%

Miscellaneous

Employees81
Outstanding Shares30,800,000
Market Cap$259.98 million
OptionableOptionable

Immersion (NASDAQ:IMMR) Frequently Asked Questions

What is Immersion's stock symbol?

Immersion trades on the NASDAQ under the ticker symbol "IMMR."

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings results on Thursday, November, 1st. The software maker reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.09) by $0.02. The software maker had revenue of $8.55 million for the quarter, compared to the consensus estimate of $9.47 million. Immersion had a net margin of 42.23% and a return on equity of 62.41%. The firm's revenue was down 27.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.13) EPS. View Immersion's Earnings History.

When is Immersion's next earnings date?

Immersion is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Immersion.

What price target have analysts set for IMMR?

3 analysts have issued 1 year price targets for Immersion's shares. Their forecasts range from $12.25 to $15.00. On average, they expect Immersion's stock price to reach $13.75 in the next twelve months. This suggests a possible upside of 62.9% from the stock's current price. View Analyst Price Targets for Immersion.

What is the consensus analysts' recommendation for Immersion?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Immersion.

Has Immersion been receiving favorable news coverage?

Media headlines about IMMR stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Immersion earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Are investors shorting Immersion?

Immersion saw a increase in short interest in November. As of November 15th, there was short interest totalling 994,215 shares, an increase of 30.9% from the October 31st total of 759,670 shares. Based on an average daily volume of 353,350 shares, the short-interest ratio is presently 2.8 days. Approximately 3.3% of the shares of the stock are sold short. View Immersion's Current Options Chain.

Who are some of Immersion's key competitors?

Who are Immersion's key executives?

Immersion's management team includes the folowing people:
  • Ms. Nancy Erba, Chief Financial Officer (Age 51)
  • Ms. Anne Marie Peters, Gen. Counsel and Sr. VP of IP Licensing & Legal Affairs (Age 47)
  • Mr. Thomas A. Lacey, Interim CEO & Director (Age 59)
  • Mr. Chris Ullrich, VP of Technology
  • Mr. Hossam Bahlool, VP of Marketing

Who are Immersion's major shareholders?

Immersion's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.99%), Vanguard Group Inc. (5.74%), Vanguard Group Inc (5.74%), Man Group plc (3.63%), JPMorgan Chase & Co. (2.50%) and JPMorgan Chase & Co. (2.50%). Company insiders that own Immersion stock include Anne Marie Peters, David C Habiger, David Sugishita, Jack L Saltich, Kenneth H Traub, Mahesh Sundaram, Nancy Erba, Raging Capital Management, Llc, Senvest Management, Llc and Thomas A Lacey. View Institutional Ownership Trends for Immersion.

Which major investors are selling Immersion stock?

IMMR stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, TIAA CREF Investment Management LLC, BlackRock Inc., Acadian Asset Management LLC and Teachers Advisors LLC. Company insiders that have sold Immersion company stock in the last year include Anne Marie Peters, David Sugishita, Nancy Erba and Senvest Management, Llc. View Insider Buying and Selling for Immersion.

Which major investors are buying Immersion stock?

IMMR stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Man Group plc, AQR Capital Management LLC, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Vanguard Group Inc and Vanguard Group Inc.. Company insiders that have bought Immersion stock in the last two years include David C Habiger, Jack L Saltich, Kenneth H Traub, Raging Capital Management, Llc and Thomas A Lacey. View Insider Buying and Selling for Immersion.

How do I buy shares of Immersion?

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

What is Immersion's stock price today?

One share of IMMR stock can currently be purchased for approximately $8.44.

How big of a company is Immersion?

Immersion has a market capitalization of $259.98 million and generates $35.01 million in revenue each year. The software maker earns $-45,290,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis. Immersion employs 81 workers across the globe.

What is Immersion's official website?

The official website for Immersion is http://www.immersion.com.

How can I contact Immersion?

Immersion's mailing address is 50 RIO ROBLES, SAN JOSE CA, 95134. The software maker can be reached via phone at 408-467-1900 or via email at [email protected]


MarketBeat Community Rating for Immersion (NASDAQ IMMR)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  327 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  547
MarketBeat's community ratings are surveys of what our community members think about Immersion and other stocks. Vote "Outperform" if you believe IMMR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IMMR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/16/2018 by MarketBeat.com Staff

Featured Article: Conference Calls

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel