NASDAQ:IMMR - Immersion Stock Price, Price Target & More

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

Immersion Co. (NASDAQ:IMMR) released its quarterly earnings results on Thursday, February, 22nd. The software maker reported ($0.21) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.22) by $0.01. The software maker had revenue of $6.90 million for the quarter, compared to the consensus estimate of $6.32 million. Immersion had a negative return on equity of 146.48% and a negative net margin of 129.35%. The company's revenue for the quarter was down 25.8% on a year-over-year basis. During the same period last year, the business posted ($0.27) EPS. View Immersion's Earnings History.

Immersion is scheduled to release their next quarterly earnings announcement on Thursday, May, 3rd 2018. View Earnings Estimates for Immersion.

5 analysts have issued 1-year target prices for Immersion's stock. Their predictions range from $11.00 to $17.00. On average, they expect Immersion's stock price to reach $13.25 in the next twelve months. View Analyst Ratings for Immersion.

Immersion saw a decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,380,836 shares, a decline of 22.2% from the February 28th total of 3,060,239 shares. Based on an average daily volume of 796,055 shares, the short-interest ratio is presently 3.0 days. Currently, 8.2% of the company's stock are short sold.

Some companies that are related to Immersion include Sierra Wireless (SW), Cutera (CUTR), Ultra Clean (UCTT), Lattice Semiconductor (LSCC), Renren (RENN), Cohu (COHU), Electro Scientific Industries (ESIO), QAD (QADB), Ballard Power Systems (BLDP), Tucows (TCX), XP Power (XPP), ChipMOS TECHNOLOGIES (IMOS), GB Group (GBG), Nanometrics (NANO), Ichor (ICHR), Donnelley Financial Solns (DFIN), Sierra Wireless (SWIR) and Oxford Instruments (OXINF).

News coverage about IMMR stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Immersion earned a media sentiment score of 0.12 on Accern's scale. They also gave media headlines about the software maker an impact score of 45.41 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Immersion's stock is owned by many different of institutional and retail investors. Top institutional investors include VIEX CAPITAL ADVISORS, LLC (7.10%). Company insiders that own Immersion stock include Anne Marie Peters, David C Habiger, Jack L Saltich, Mahesh Sundaram, Nancy Erba and Raging Capital Management, Llc. View Institutional Ownership Trends for 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.

One share of IMMR stock can currently be purchased for approximately $11.56.

Immersion has a market capitalization of $351.19 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.

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]