NASDAQ:IMMR

Immersion Stock Forecast, Price & News

$12.67

+0.22 (+1.77 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$11.95

Now: $12.67▼

$13.23

50-Day Range

$8.31

MA: $9.85▼

$12.94

52-Week Range

$4.23

Now: $12.67▼

$13.67

Volume2.01 million shs

Average Volume3.01 million shs

Market Capitalization$341.33 million

P/E RatioN/A

Dividend YieldN/A

Beta1.96

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 to engage with various digital products. The company offers technology licenses, patent licenses, and combined licenses. It also provides 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 design tools, application programming interfaces (APIs), reference designs, and firmware for haptic experiences to branded devices and other products. 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, 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 Francisco, California.

MarketRank^™

Overall MarketRank^™

1.59 out of 5 stars

Computer And Technology Sector

233rd out of 1,259 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

4th out of 22 stocks

1.5 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 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.50, Immersion has a forecasted upside of 6.6% from its current price of $12.67.
Amount of Analyst Coverage
Immersion has only been the subject of 1 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Immersion has received 396 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Immersion has received 295 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Immersion has received 57.31% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Immersion does not currently pay a dividend.
Dividend Growth
Immersion does not have a long track record of dividend growth.

1.7 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 $29,634,636.00 in company stock.
Percentage Held by Insiders
Only 31.30% of the stock of Immersion is held by insiders.
Percentage Held by Institutions
72.00% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Immersion are expected to grow by 290.91% in the coming year, from $0.11 to $0.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Immersion is -253.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Immersion is -253.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Immersion has a PEG Ratio of 1.88. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Immersion has a P/B Ratio of 4.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

CIK1058811

Webwww.immersion.com

Phone408-467-1900

Employees56

Debt

Debt-to-Equity RatioN/A

Current Ratio7.92

Quick Ratio7.92

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio115.18

P/E Growth1.88

Sales & Book Value

Annual Sales$35.95 million

Price / Sales9.49

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.63 per share

Price / Book4.82

Profitability

EPS (Most Recent Fiscal Year)($0.56)

Net Income$-20,040,000.00

Net Margins-5.51%

Return on Equity0.24%

Return on Assets0.15%

Miscellaneous

Outstanding Shares26,940,000

Market Cap$341.33 million

Next Earnings Date3/4/2021 (Estimated)

OptionableOptionable

$12.67

+0.22 (+1.77 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Immersion (NASDAQ:IMMR) Frequently Asked Questions

How has Immersion's stock been impacted by COVID-19?

Immersion's stock was trading at $5.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IMMR shares have increased by 146.0% and is now trading at $12.67.
View which stocks have been most impacted by COVID-19.

Is Immersion a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Immersion stock.
View analyst ratings for Immersion or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Immersion?

Wall Street analysts have given Immersion a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Immersion wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Immersion's next earnings date?

Immersion is scheduled to release its next quarterly earnings announcement on Thursday, March 4th 2021.
View our earnings forecast for Immersion.

How were Immersion's earnings last quarter?

Immersion Co. (NASDAQ:IMMR) posted its quarterly earnings results on Thursday, November, 5th. The software maker reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.06. The software maker earned $7.60 million during the quarter. Immersion had a positive return on equity of 0.24% and a negative net margin of 5.51%.
View Immersion's earnings history.

What price target have analysts set for IMMR?

2 analysts have issued twelve-month target prices for Immersion's shares. Their forecasts range from $12.00 to $15.00. On average, they anticipate Immersion's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
View analysts' price targets for Immersion or view Wall Street analyst' top-rated stocks.

Who are some of Immersion's key competitors?

Some companies that are related to Immersion include Mitek Systems (MITK), Creative Technology (CREAF), Identiv (INVE), RADCOM (RDCM), TransAct Technologies (TACT), AstroNova (ALOT), Point to Point Methodics (PPMH), IGO (IGOI), Digital China (DCHIF), Hauppauge Digital (HAUP), Media 100 (MDEA) and Storage Computer (SOSO).
View all of IMMR's 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), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Twitter (TWTR), Micron Technology (MU), Sorrento Therapeutics (SRNE), Tesla (TSLA), salesforce.com (CRM) and The Trade Desk (TTD).

Who are Immersion's key executives?

Immersion's management team includes the following people:

Mr. Jared Smith, Interim Chief Exec. Officer & VP of Worldwide Sales (Age 59, Pay $285.69k)
Mr. Leonard Wood, Chief Accounting Officer (Age 65, Pay $271.66k)
Mr. Michael Rudolf Okada, Gen. Counsel and Sr. VP of IP Licensing & Legal Affairs (Age 56, Pay $302.03k)
Mr. Eric Brandon Singer, Exec. Chairperson (Age 48)
Mr. Aaron Akerman, CFO & Treasurer (Age 52)
Mr. Chris Ullrich, Chief Technology Officer
Mr. John Griffin, VP of Products & Marketing
Ms. Sophie Laval, Head of HR
Mr. Todd Conroy, Sr. VP of R&D

What is Immersion's stock symbol?

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

Who are Immersion's major shareholders?

Immersion's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sowell Financial Services LLC (0.01%). Company insiders that own Immersion stock include Aaron Akerman, Anne Marie Peters, Jonathan Visbal, Michael Rudolf Okada, Nancy Erba, Opportunities Fund Lp Se Viex, Raging Capital Management, Llc, Ramzi Haidamus, Sharon E Holt and William C Martin.
View institutional ownership trends for Immersion.

Which major investors are buying Immersion stock?

IMMR stock was bought by a variety of institutional investors in the last quarter, including Sowell Financial Services LLC. Company insiders that have bought Immersion stock in the last two years include Aaron Akerman, Jonathan Visbal, Opportunities Fund Lp Se Viex, Raging Capital Management, Llc, and Ramzi Haidamus.
View insider buying and selling activity for Immersion or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Immersion's stock price today?

One share of IMMR stock can currently be purchased for approximately $12.67.

How big of a company is Immersion?

Immersion has a market capitalization of $341.33 million and generates $35.95 million in revenue each year. The software maker earns $-20,040,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis. Immersion employs 56 workers across the globe.

What is Immersion's official website?

The official website for Immersion is 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]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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