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

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$7.80 -0.12 (-1.52 %)
(As of 05/21/2019 06:00 AM ET)
Previous Close$7.92
Today's Range$7.57 - $7.93
52-Week Range$7.56 - $17.70
Volume526,369 shs
Average Volume333,339 shs
Market Capitalization$246.12 million
P/E Ratio4.48
Dividend YieldN/A
Beta1.04
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 patent licenses, haptic technologies to original equipment manufacturers. 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 content. In addition, the company offers TouchSense Force, which comprises design tools, Application Programming Interfaces (APIs), reference designs, and firmware. 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, APIs, 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.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$110.98 million
Cash Flow$1.7687 per share
Book Value$2.88 per share

Profitability

Net Income$54.34 million

Miscellaneous

Employees64
Market Cap$246.12 million
Next Earnings Date8/1/2019 (Estimated)
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) released its quarterly earnings results on Monday, May, 13th. The software maker reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.34) by $0.01. The software maker had revenue of $5.10 million for the quarter, compared to the consensus estimate of $5.10 million. Immersion had a negative return on equity of 27.08% and a negative net margin of 86.54%. The business's revenue was down 94.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.34 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, August 1st 2019. View Earnings Estimates for Immersion.

What guidance has Immersion issued on next quarter's earnings?

Immersion issued an update on its FY 2019 earnings guidance on Monday, May, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $36-41 million, compared to the consensus revenue estimate of $27.12 million.

What price target have analysts set for IMMR?

3 Wall Street analysts have issued 1-year price targets for Immersion's stock. Their predictions range from $9.50 to $15.00. On average, they anticipate Immersion's stock price to reach $12.50 in the next year. This suggests a possible upside of 60.3% 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 coverage about IMMR stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Immersion earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Immersion's key competitors?

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), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA), Netflix (NFLX), Baidu (BIDU), Twitter (TWTR), Applied Materials (AMAT), Advanced Micro Devices (AMD) and Cypress Semiconductor (CY).

Who are Immersion's key executives?

Immersion's management team includes the folowing people:
  • Ms. Anne Marie Peters Esq., Gen. Counsel, Sr. VP of IP Licensing & Legal Affairs, Interim CFO & Corp. Sec. (Age 48)
  • Ms. Nancy Erba, Chief Financial Officer (Age 52)
  • Mr. Ramzi Haidamus, CEO & Director (Age 55)
  • 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 number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.77%), Cooper Creek Partners Management LLC (5.12%), Dimensional Fund Advisors LP (3.10%), Man Group plc (2.50%), JPMorgan Chase & Co. (2.34%) and AQR Capital Management LLC (1.83%). Company insiders that own Immersion stock include Anne Marie Peters, David Sugishita, Kenneth H Traub, Mahesh Sundaram, Nancy Erba, Raging Capital Management, Llc, Senvest Management, Llc, Sharon E Holt 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 Man Group plc, JPMorgan Chase & Co., Wells Fargo & Company MN, Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Cooper Creek Partners Management LLC, AQR Capital Management LLC and Geode Capital Management LLC. Company insiders that have sold Immersion company stock in the last year include Anne Marie Peters, David Sugishita, Nancy Erba, Senvest Management, Llc and Sharon E Holt. View Insider Buying and Selling for Immersion.

Which major investors are buying Immersion stock?

IMMR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Penbrook Management LLC, Martingale Asset Management L P, SG Americas Securities LLC, Marshall Wace North America L.P., State of Tennessee Treasury Department and The Manufacturers Life Insurance Company . Company insiders that have bought Immersion stock in the last two years include 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 $7.80.

How big of a company is Immersion?

Immersion has a market capitalization of $246.12 million and generates $110.98 million in revenue each year. The software maker earns $54.34 million in net income (profit) each year or $1.74 on an earnings per share basis. Immersion employs 64 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:  350 (Vote Outperform)
Underperform Votes:  243 (Vote Underperform)
Total Votes:  593
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 5/21/2019 by MarketBeat.com Staff

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