NASDAQ:IMMR - Immersion Stock Price, News & Analysis

$7.93
+0.16 (+2.06 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$7.82
Now: $7.93
$8.01
50-Day Range
$7.35
MA: $7.66
$8.12
52-Week Range
$7.02
Now: $7.93
$11.95
Volume298,500 shs
Average Volume314,534 shs
Market Capitalization$251.22 million
P/E Ratio4.56
Dividend YieldN/A
Beta1.15
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. Read More…

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$1.8356 per share
Book Value$2.64 per share

Profitability

Net Income$54.34 million

Miscellaneous

Employees64
Market Cap$251.22 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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) posted its earnings results on Thursday, August, 1st. The software maker reported ($0.24) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.15) by $0.09. The software maker had revenue of $8.70 million for the quarter, compared to analysts' expectations of $8.68 million. Immersion had a negative net margin of 82.38% and a negative return on equity of 29.16%. The business's revenue was up 42.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.18) earnings per share. View Immersion's Earnings History.

When is Immersion's next earnings date?

Immersion is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 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 Thursday, August, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $36-41 million, compared to the consensus revenue estimate of $38.81 million.

What price target have analysts set for IMMR?

3 analysts have issued 12-month target prices for Immersion's shares. Their predictions range from $9.50 to $13.00. On average, they expect Immersion's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 45.0% 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 headlines about IMMR stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Immersion earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Immersion.

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), Baidu (BIDU), Alibaba Group (BABA), Applied Materials (AMAT), Advanced Micro Devices (AMD), Twitter (TWTR), Netflix (NFLX) and salesforce.com (CRM).

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 variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.76%), Vanguard Group Inc. (5.03%), Northern Trust Corp (1.15%), AQR Capital Management LLC (1.06%), Bank of New York Mellon Corp (0.94%) and JPMorgan Chase & Co. (0.78%). Company insiders that own Immersion stock include Anne Marie Peters, David Sugishita, Kenneth H Traub, Nancy Erba, Opportunities Fund Lp Se Viex, Raging Capital Management, Llc, Senvest Management, Llc, Sharon E Holt and Thomas A Lacey. View Institutional Ownership Trends for Immersion.

Which institutional investors are selling Immersion stock?

IMMR stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., AQR Capital Management LLC, Vanguard Group Inc., Wells Fargo & Company MN, Connor Clark & Lunn Investment Management Ltd., Morgan Stanley, Russell Investments Group Ltd. and Stone Ridge Asset Management LLC. Company insiders that have sold Immersion company stock in the last year include Anne Marie Peters, David Sugishita, Nancy Erba and Sharon E Holt. View Insider Buying and Selling for Immersion.

Which institutional investors are buying Immersion stock?

IMMR stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, GSA Capital Partners LLP, Bank of New York Mellon Corp, Municipal Employees Retirement System of Michigan, D. E. Shaw & Co. Inc., Migdal Insurance & Financial Holdings Ltd. and B. Riley Financial Inc.. Company insiders that have bought Immersion stock in the last two years include Kenneth H Traub, Opportunities Fund Lp Se Viex, 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 $7.93.

How big of a company is Immersion?

Immersion has a market capitalization of $251.22 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.View Additional Information About Immersion.

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:  2.9 out of 5 (star star)
Outperform Votes:  366 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  627
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 8/18/2019 by MarketBeat.com Staff

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