NASDAQ:IMMR

Immersion - IMMR Stock Forecast, Price & News

$5.52

-0.13 (-2.30%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $5.50
▼
$5.64
50-Day Range: $5.08
▼
$6.16
52-Week Range: $4.28
▼
$9.78

Volume: 160,745 shs
Average Volume: 357,854 shs
Market Capitalization: $184.99 million

P/E Ratio: 21.23
Dividend Yield: N/A
Price Target: $10.00

Immersion MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 81.2% Upside
$10.00 Price Target
Short Interest: Healthy
2.21% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.27
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$857,916 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Computer And Technology Sector

331st out of 631 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

7th out of 13 stocks

3.3

Analyst's Opinion

Consensus Rating
Immersion has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.00, Immersion has a forecasted upside of 81.2% from its current price of $5.52.
Amount of Analyst Coverage
Immersion has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.21% of the outstanding shares of Immersion have been sold short.
Short Interest Ratio / Days to Cover
Immersion has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Immersion has recently decreased by 1.65%, indicating that investor sentiment is improving.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IMMR.

1.3

News and Social Media Coverage

News Sentiment
Immersion has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Immersion this week, compared to 3 articles on an average week.
Search Interest
Only 3 people have searched for IMMR on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Immersion to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Immersion insiders have bought more of their company's stock than they have sold. Specifically, they have bought $857,916.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Immersion is held by insiders.
Percentage Held by Institutions
44.20% of the stock of Immersion is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Immersion is 21.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Immersion is 21.23, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 384.21.
Price to Book Value per Share Ratio
Immersion has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Immersion (NASDAQ:IMMR) Stock

Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. The company offers its products to mobile communications, wearables, and consumer electronics; gaming and virtual reality (VR); automotive; and other markets. Immersion Corporation was incorporated in 1993 and is headquartered in Aventura, Florida.

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IMMR Stock News Headlines

October 2, 2022 | americanbankingnews.com

Immersion (NASDAQ:IMMR) Share Price Passes Above Two Hundred Day Moving Average of $5.41

October 1, 2022 | streetinsider.com

TruFluency Kids, An Award-Winning Spanish Learning Platform Announces Release of Video Series - StreetInsider.com

September 28, 2022 | nz.finance.yahoo.com

Immersion Cooling Fluids Market worth $2.6 billion by 2027 – Exclusive Report by MarketsandMarkets™

September 28, 2022 | businesswire.com

Minerva University Launches Graduate Certificate in Decision Analysis and Graduate Immersion Opportunities - Business Wire

September 24, 2022 | nypost.com

NFL RedZone's Scott Hanson reveling immersion in league's dramatic start: 'Drained' - New York Post

September 21, 2022 | townlift.com

Intermountain Healthcare and Black Physicians of Utah to host First Medicine Immersion Day for Black students

September 21, 2022 | businesswire.com

Upgraded Version of Antbox–Minerbase, the Immersion Cooling Mining Container - Business Wire

September 20, 2022 | cnn.com

Denmark and Germany now building the world's longest immersed tunnel - CNN

September 19, 2022 | nasdaq.com

Should You Think About Buying Immersion Corporation (NASDAQ:IMMR) Now? - Nasdaq

September 19, 2022 | benzinga.com

Dow Launches New DOWSIL™ Immersion Cooling Technology to Improve Sustainability and Efficiency of Data Centers - Dow (NYSE:DOW) - Benzinga

September 19, 2022 | nasdaq.com

Should You Think About Buying Immersion Corporation (NASDAQ:IMMR) Now?

September 17, 2022 | washingtonpost.com

Group aims to start immersion charter school - The Washington Post

September 14, 2022 | finance.yahoo.com

Immersion Cooling Fluids Market worth $2.6 billion by 2027 - Exclusive Report by MarketsandMarkets™ - Yahoo Finance

September 13, 2022 | uk.finance.yahoo.com

Is Immersion Corporation (NASDAQ:IMMR) Potentially Undervalued? - Yahoo Finance UK

September 12, 2022 | businesswire.com

Global Immersion Cooling Market Report 2022: Key Insights Into Trends, Drivers, Major Players & More - ResearchAndMarkets.com - Business Wire

September 12, 2022 | finance.yahoo.com

Is Immersion Corporation (NASDAQ:IMMR) Potentially Undervalued? - Yahoo Finance

September 12, 2022 | finance.yahoo.com

Is Immersion Corporation (NASDAQ:IMMR) Potentially Undervalued?

September 9, 2022 | finance.yahoo.com

Edge Theory Labs Solves Massive Market Need: Cold Water Immersion Is Now More Accessible To The Masses Through Portable, Iceless Ice Bath - Yahoo Finance

September 8, 2022 | theglobeandmail.com

Toronto District School Board targets newcomers for French immersion - The Globe and Mail

September 7, 2022 | globenewswire.com

BitMine Immersion Technologies, Inc. Completes Regulation D Equity Offering and Conversion of all Innovative Digital Investors Debt into Preferred Equity - GlobeNewswire

September 6, 2022 | msn.com

Mumbai: BMC all set for last day of Ganesh Idol Immersion, Ashwini Bhide reviews preparedness

September 1, 2022 | cnet.com

Best Immersion Blender for 2022 - CNET

August 30, 2022 | nasdaq.com

Tuesday 8/30 Insider Buying Report: SCOR, IMMR

August 25, 2022 | finance.yahoo.com

'The Abundance Mentality': Soaak Announces Its Latest 21-Day Immersion Program with Top Business Leader in the U.S. - Yahoo Finance

August 25, 2022 | benzinga.com

Immersion Cooling Market To Propel at a Rate of About 25% by 2030 - Benzinga

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30 days | 90 days | 365 days | Advanced Chart

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IMMR Company Calendar

Last Earnings: 8/15/2022
Today: 10/06/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: Computer Storage & Peripherals
Sector: Computer and Technology
Current Symbol: NASDAQ:IMMR
CUSIP: 45252110
CIK: 1058811
Web: www.immersion.com
Phone: (408) 467-1900
Fax: 408-467-1901
Employees: 26
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $10.00
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $10.00
Forecasted Upside/Downside: +81.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.26
Trailing P/E Ratio: 21.23
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $12.48 million
Net Margins: 25.97%
Pretax Margin: 40.08%
Return on Equity: 9.96%
Return on Assets: 8.01%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.63
Quick Ratio: 7.63

Sales & Book Value

Annual Sales: $35.09 million
Price / Sales: 5.27
Cash Flow: $0.57 per share
Price / Cash Flow: 9.66
Book Value: $4.28 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 33,513,000
Free Float: 32,910,000
Market Cap: $184.99 million
Optionable: Optionable
Beta: 1.51

Social Links

Key Executives

Mr. Eric Brandon Singer (Age 49)
Exec. Chairperson
Comp: $1.28M

Mr. Francis Jose (Age 46)
CEO, Gen. Counsel & Sec.
Comp: $397.33k

Mr. Aaron Akerman (Age 53)
CFO & Treasurer
Comp: $242.32k

Mr. William Charles Martin (Age 44)
Chief Strategy Officer & Director
Comp: $235.13k

Mr. Leonard Wood (Age 66)
Chief Accounting Officer

Dr. Yeshwant Muthusamy
Chief Technology Officer

Ms. Sophie Laval
Head of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IMMR Stock - Frequently Asked Questions

Should I buy or sell Immersion stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IMMR shares.
View IMMR analyst ratings or view top-rated stocks.
What is Immersion's stock price forecast for 2022?: 2 equities research analysts have issued 12-month price objectives for Immersion's shares. Their IMMR share price forecasts range from $10.00 to $10.00. On average, they predict the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 81.2% from the stock's current price.
View analysts price targets for IMMR or view top-rated stocks among Wall Street analysts.
How have IMMR shares performed in 2022?: Immersion's stock was trading at $5.71 on January 1st, 2022. Since then, IMMR shares have decreased by 3.3% and is now trading at $5.52.
View the best growth stocks for 2022 here.
When is Immersion's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our IMMR earnings forecast.
How were Immersion's earnings last quarter?: Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings results on Monday, August, 15th. The software maker reported ($0.05) earnings per share for the quarter. The software maker had revenue of $7.98 million for the quarter. Immersion had a net margin of 25.97% and a trailing twelve-month return on equity of 9.96%.

What is Ramzi Haidamus' approval rating as Immersion's CEO?: 3 employees have rated Immersion Chief Executive Officer Ramzi Haidamus on Glassdoor.com. Ramzi Haidamus has an approval rating of 64% among the company's employees.
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 (CRM) and Trade Desk (TTD).
What is Immersion's stock symbol?: Immersion trades on the NASDAQ under the ticker symbol "IMMR."
How do I buy shares of Immersion?: Shares of IMMR stock 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.
Compare Top Brokerages Here.
What is Immersion's stock price today?: One share of IMMR stock can currently be purchased for approximately $5.52.
How much money does Immersion make?: Immersion (NASDAQ:IMMR) has a market capitalization of $184.99 million and generates $35.09 million in revenue each year. The software maker earns $12.48 million in net income (profit) each year or $0.26 on an earnings per share basis.
How can I contact Immersion?: Immersion's mailing address is 50 RIO ROBLES, SAN JOSE CA, 95134. The official website for the company is www.immersion.com. The software maker can be reached via phone at (408) 467-1900, via email at aakerman@immersion.com, or via fax at 408-467-1901.

This page (NASDAQ:IMMR) was last updated on 10/6/2022 by MarketBeat.com Staff

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Immersion - IMMR Stock Forecast, Price & News

Immersion MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows