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.
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Industry, Sector and Symbol
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
Phone408-467-1900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$110.98 million
Profitability
Miscellaneous
Employees64
Next Earnings Date11/7/2019 (Estimated)
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) announced its quarterly earnings results on Thursday, August, 1st. The software maker reported ($0.24) EPS for the quarter, missing the Zacks' 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 quarterly revenue was up 42.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.18) earnings per share. View Immersion's Earnings History.
When is Immersion's next earnings date?
What guidance has Immersion issued on next quarter's earnings?
Immersion updated 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 1-year price objectives 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 year. This suggests a possible upside of 42.5% 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 coverage about IMMR stock has been trending very negative on Thursday, according to InfoTrie. InfoTrie identifies negative and positive media 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 negative five to positive five, with scores closest to five being the most favorable. Immersion earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Immersion.
Are investors shorting Immersion?
Immersion saw a decline in short interest in September. As of September 30th, there was short interest totalling 2,830,000 shares, a decline of 6.3% from the August 30th total of 3,020,000 shares. Based on an average daily trading volume, of 243,200 shares, the days-to-cover ratio is presently 11.6 days. Currently, 9.6% of the shares of the company are short sold. View Immersion's Current Options Chain.
Who are some of Immersion's key competitors?
What other stocks do shareholders of Immersion own?
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 number of of institutional and retail investors. Top institutional investors include Roubaix Capital LLC (0.50%). 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 major investors are buying Immersion stock?
IMMR stock was acquired by a variety of institutional investors in the last quarter, including Roubaix Capital LLC. 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, Robinhood, Fidelity and Charles Schwab.
What is Immersion's stock price today?
One share of IMMR stock can currently be purchased for approximately $8.07.
How big of a company is Immersion?
Immersion has a market capitalization of $255.66 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?
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)
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.
