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

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$9.82 +0.17 (+1.76 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$9.65
Today's Range$9.67 - $9.96
52-Week Range$8.11 - $17.70
Volume206,200 shs
Average Volume210,378 shs
Market Capitalization$302.49 million
P/E Ratio-8.25
Dividend YieldN/A
Beta1.03
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.

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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$35.01 million
Book Value$0.33 per share

Profitability

Net Income$-45,290,000.00

Miscellaneous

Employees81
Market Cap$302.49 million
Next Earnings Date2/26/2019 (Confirmed)
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 earnings results on Thursday, November, 1st. The software maker reported ($0.07) earnings per share for the quarter, beating analysts' consensus estimates 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 return on equity of 62.41% and a net margin of 42.23%. The firm's quarterly revenue was down 27.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($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 Tuesday, February 26th 2019. View Earnings Estimates for Immersion.

How can I listen to Immersion's earnings call?

Immersion will be holding an earnings conference call on Tuesday, February 26th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8772601479.

What price target have analysts set for IMMR?

2 Wall Street analysts have issued twelve-month price targets for Immersion's shares. Their predictions range from $14.00 to $15.00. On average, they anticipate Immersion's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price. View Analyst Price Targets for Immersion.

What is the consensus analysts' recommendation for Immersion?

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

Has Immersion been receiving favorable news coverage?

News articles about IMMR stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Immersion earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned press coverage 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 company's share price in the immediate future.

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

Who are Immersion's key executives?

Immersion's management team includes the folowing people:
  • Ms. Nancy Erba, Chief Financial Officer (Age 52)
  • Ms. Anne Marie Peters, Gen. Counsel and Sr. VP of IP Licensing & Legal Affairs (Age 48)
  • Mr. Thomas A. Lacey, Interim CEO & Director (Age 60)
  • Mr. Chris Ullrich, VP of Technology
  • Mr. Hossam Bahlool, VP of Marketing

Who are Immersion's major shareholders?

Immersion's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.07%), Dimensional Fund Advisors LP (2.68%), Geode Capital Management LLC (1.56%), Northern Trust Corp (1.17%), Two Sigma Advisers LP (1.15%) and D. E. Shaw & Co. Inc. (0.63%). 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, 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 Mackay Shields LLC, D. E. Shaw & Co. Inc., Squarepoint Ops LLC, Two Sigma Advisers LP, New York State Common Retirement Fund, Citigroup Inc., Geode Capital Management LLC and Acadian Asset 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 acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Dimensional Fund Advisors LP, Prudential Financial Inc., Mackenzie Financial Corp, Bank of New York Mellon Corp, Stone Ridge Asset Management LLC, Municipal Employees Retirement System of Michigan and Two Sigma Investments LP. 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 $9.82.

How big of a company is Immersion?

Immersion has a market capitalization of $302.49 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:  338 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  569
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 2/23/2019 by MarketBeat.com Staff

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