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

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$10.89 -0.16 (-1.45 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$11.05
Today's Range$10.82 - $11.10
52-Week Range$5.76 - $17.70
Volume526,400 shs
Average Volume829,760 shs
Market Capitalization$345.55 million
P/E Ratio-9.16
Dividend YieldN/A
Beta1.05
Immersion logoImmersion 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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio9.35
Quick Ratio9.35

Price-To-Earnings

Trailing P/E Ratio-9.16
Forward P/E Ratio6.22
P/E Growth0.43

Sales & Book Value

Annual Sales$35.01 million
Price / Sales9.57
Cash FlowN/A
Price / CashN/A
Book Value$0.33 per share
Price / Book33.00

Profitability

EPS (Most Recent Fiscal Year)($1.19)
Net Income$-45,290,000.00
Net Margins40.38%
Return on Equity86.57%
Return on Assets49.01%

Miscellaneous

Employees81
Outstanding Shares30,770,000
Market Cap$345.55 million

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 quarterly earnings data on Thursday, August, 2nd. The software maker reported ($0.18) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.09. The software maker had revenue of $6.14 million for the quarter, compared to analyst estimates of $9.56 million. Immersion had a return on equity of 86.57% and a net margin of 40.38%. The business's revenue was down 12.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.51) 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, 1st 2018. View Earnings Estimates for Immersion.

What price target have analysts set for IMMR?

3 Wall Street analysts have issued 1 year price targets for Immersion's shares. Their predictions range from $12.25 to $14.00. On average, they expect Immersion's share price to reach $13.4167 in the next twelve months. This suggests a possible upside of 23.2% 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Immersion.

What are Wall Street analysts saying about Immersion stock?

Here are some recent quotes from research analysts about Immersion stock:
  • 1. According to Zacks Investment Research, "IMMERSION CORP. develops hardware and software technologies that enable users to interact with computers using their sense of touch. Their patented technologies, which are branded TouchSense, enable devices such as mice, joysticks, knobs, and medical simulation products to deliver tactile sensations that correspond to on-screen events. They focus on four application areas: computing and entertainment, medical simulation, professional and industrial, and three-dimensional capture and interaction. " (8/9/2018)
  • 2. B. Riley analysts commented, "We model Q3 revenue and EBITDA of $7.3MM and $(9.6MM), in line with consensus revenue but below consensus EBITDA of $(8.5MM), respectively. We believe near-term operations likely remained challenging after the $8MM cut to 2017 revenue guidance last quarter (now $30MM-$34MM) after an unfavorable arbitration decision with Sony (U.S.) regarding the sale of DS4 wireless controllers. Recall, IMMR already has a full plate now that it has filed complaints against Apple (AAPL), Samsung, Motorola, and Fitbit (FIT), which will require a significant amount of capital ($21MM-$24MM of anticipated litigation spend this year—largely 1H weighted) and management time. However, management is confident it has the wherewithal to pursue multiple alleged infringers." (10/30/2017)

Who are some of Immersion's key competitors?

Who are Immersion's key executives?

Immersion's management team includes the folowing people:
  • Mr. Carl P. Schlachte Sr., Chairman & Interim CEO (Age 54)
  • Ms. Nancy Erba, Chief Financial Officer (Age 51)
  • Ms. Anne Marie Peters, Gen. Counsel and Sr. VP of IP Licensing & Legal Affairs (Age 47)
  • Mr. Chris Ullrich, VP of Technology
  • Mr. Hossam Bahlool, VP of Marketing

Has Immersion been receiving favorable news coverage?

News articles about IMMR stock have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Immersion earned a news impact score of 0.15 on Accern's scale. They also assigned press coverage about the software maker an impact score of 48.43 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Immersion.

Who are Immersion's major shareholders?

Immersion's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.69%), Senvest Management LLC (5.44%), Millennium Management LLC (3.32%), Dimensional Fund Advisors LP (0.99%), Mackay Shields LLC (0.80%) and Schwab Charles Investment Management Inc. (0.67%). Company insiders that own Immersion stock include Anne Marie Peters, David C Habiger, Jack L Saltich, Mahesh Sundaram, Nancy Erba, Raging Capital Management, Llc and Senvest Management, Llc. 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 Senvest Management LLC, Millennium Management LLC, Private Advisor Group LLC, Baird Financial Group Inc., Cubist Systematic Strategies LLC, Migdal Insurance & Financial Holdings Ltd. and Marathon Capital Management. Company insiders that have sold Immersion company stock in the last year include Anne Marie Peters, Nancy Erba and Senvest Management, Llc. 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 Dimensional Fund Advisors LP, Acadian Asset Management LLC, Mackay Shields LLC, Renaissance Technologies LLC, BlackRock Inc., Schwab Charles Investment Management Inc., Chicago Equity Partners LLC and BlueMountain Capital Management LLC. Company insiders that have bought Immersion stock in the last two years include David C Habiger, Jack L Saltich and Raging Capital Management, Llc. 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 $10.89.

How big of a company is Immersion?

Immersion has a market capitalization of $345.55 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.

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:  3.1 out of 5 (star star star)
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  503
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 8/21/2018 by MarketBeat.com Staff

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