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

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

Immersion Co. (NASDAQ:IMMR) announced its quarterly earnings results on Thursday, February, 22nd. The software maker reported ($0.21) earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 129.35% and a negative return on equity of 146.48%. Immersion's revenue for the quarter was down 25.8% compared to the same quarter last year. During the same period in the previous year, the firm 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 brokerages have issued 1 year target prices for Immersion's shares. Their forecasts range from $11.00 to $17.00. On average, they expect Immersion's share price to reach $13.25 in the next year. 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 currently 3.0 days. Approximately 8.2% of the company's stock are sold short.

Some companies that are related to Immersion include Lattice Semiconductor (LSCC), Xcerra (XCRA), QAD (QADB), Ultra Clean (UCTT), 21Vianet Group (VNET), XP Power (XPP), Ballard Power Systems (BLDP), Applied Optoelectronics (AAOI), GB Group (GBG), Electro Scientific Industries (ESIO), Cohu (COHU), ChipMOS TECHNOLOGIES (IMOS), Tucows (TCX), Donnelley Financial Solns (DFIN), Sierra Wireless (SWIR), Solium (SUM), VASCO Data Security International (VDSI) and Oxford Instruments (OXINF).

Headlines about IMMR stock have trended somewhat negative recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Immersion earned a daily sentiment score of -0.06 on Accern's scale. They also assigned press coverage about the software maker an impact score of 45.64 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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 $11.65.

Immersion has a market capitalization of $343.23 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]