IMMR - Immersion Corp Stock Price, Fair Value and News

9.34USD0.00 (0.00%)Delayed

Market Summary

USD9.340.00

Delayed

0.00%

IMMR Stock Price

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IMMR RSI Chart

IMMR Valuation

Market Cap

297.5M

Price/Earnings (Trailing)

6.71

Price/Sales (Trailing)

4.21

EV/EBITDA

2.69

Price/Free Cashflow

6.33

IMMR Price/Sales (Trailing)

IMMR Profitability

Operating Margin

99.99%

EBT Margin

81.83%

Return on Equity

22.02%

Return on Assets

18.13%

Free Cashflow Yield

15.79%

IMMR Fundamentals

IMMR Revenue

Revenue (TTM)

70.7M

Rev. Growth (Yr)

519.83%

Rev. Growth (Qtr)

322.42%

IMMR Earnings

Earnings (TTM)

44.4M

Earnings Growth (Yr)

125.36%

Earnings Growth (Qtr)

16.67%

Breaking Down IMMR Revenue

Last 7 days

12.5%

Last 30 days

31.7%

Last 90 days

34%

Trailing 12 Months

32.3%

How does IMMR drawdown profile look like?

IMMR Financial Health

Current Ratio

6.44

IMMR Investor Care

Buy Backs (1Y)

2.39%

Diluted EPS (TTM)

1.38

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	70.7M	0	0	0
2023	38.2M	37.2M	32.7M	33.9M
2022	35.2M	32.2M	39.0M	38.5M
2021	31.4M	36.7M	36.3M	35.1M
2020	37.1M	34.0M	31.0M	30.5M
2019	30.7M	33.3M	35.4M	36.0M
2018	111.2M	110.3M	107.0M	111.0M
2017	52.7M	51.9M	37.4M	35.0M
2016	60.7M	52.4M	64.4M	57.1M
2015	53.8M	58.2M	60.4M	63.4M
2014	49.0M	50.7M	51.4M	52.9M
2013	36.3M	40.1M	44.3M	47.5M
2012	30.6M	30.4M	31.0M	32.2M
2011	31.2M	29.4M	29.3M	30.6M
2010	0	28.9M	30.0M	31.1M
2009	0	0	0	27.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Immersion Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	martin william c	acquired	-	-	35,565	chief strategy officer
Apr 29, 2024	nader elias	acquired	-	-	17,242	-
Apr 29, 2024	wasch childress frederick	acquired	-	-	17,242	-
Apr 29, 2024	hoffman emily	acquired	-	-	17,242	-
Apr 29, 2024	martin william c	acquired	-	-	17,242	chief strategy officer
Apr 29, 2024	singer eric	acquired	-	-	17,242	president and ceo
Apr 03, 2024	singer eric	sold (taxes)	-94,835	7.23	-13,117	president and ceo
Apr 01, 2024	singer eric	acquired	-	-	150,000	president and ceo
Apr 01, 2024	singer eric	sold (taxes)	-185,200	7.53	-24,595	president and ceo
Apr 01, 2024	martin william c	sold (taxes)	-80,443	7.53	-10,683	chief strategy officer

Which funds bought or sold IMMR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-59.45	-259,168	195,228	-%
May 16, 2024	COMERICA BANK	unchanged	-	420	7,480	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-39.83	-13,192	23,195	-%
May 16, 2024	Ancora Advisors LLC	unchanged	-	44,552	793,463	0.02%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-26.95	-85,801	293,837	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	added	24.89	1,495,460	6,122,280	0.01%
May 15, 2024	BARCLAYS PLC	reduced	-49.89	-143,000	161,000	-%
May 15, 2024	DEUTSCHE BANK AG\	unchanged	-	4,083	72,706	-%
May 15, 2024	MORGAN STANLEY	reduced	-17.01	-331,824	2,417,070	-%
May 15, 2024	Aquatic Capital Management LLC	new	-	31,416	31,416	-%

Are Funds Buying or Selling IMMR?

Are funds buying IMMR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IMMR

No. of Funds

Unveiling Immersion Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.89%	1,875,995	SC 13G
Feb 09, 2024	lsv asset management	5.24%	1,669,267	SC 13G
Jan 26, 2024	blackrock inc.	7.0%	2,232,719	SC 13G
Mar 10, 2022	invenomic capital management lp	4.98%	1,669,161	SC 13G/A
Feb 14, 2022	invenomic capital management lp	5.14%	1,698,555	SC 13G
Feb 11, 2022	barclays plc	5.50%	1,816,911	SC 13G
Feb 09, 2022	senvest management, llc	0%	0	SC 13G/A
Nov 10, 2021	raging capital management, llc	1.1%	354,374	SC 13D/A
May 20, 2021	senvest management, llc	5.63%	1,738,756	SC 13G
Mar 11, 2021	raging capital management, llc	7.4%	2,222,089	SC 13D/A

Recent SEC filings of Immersion Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 29, 2024	8-K	Current Report
Apr 16, 2024	8-K	Current Report

Peers (Alternatives to Immersion Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	277.0B	34.9B	3.35%	33.87%	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-8.72%	67.31%	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	2.96%	8.03%	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	0.65%	6.79%	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	8.62%	-7.71%	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	11.01%	66.39%	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-3.99%	99.28%	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	7.46%	35.00%	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	28.11%	-1.60%	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	21.43%	43.87%	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	76.57%	260.07%	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	33.33%	-82.31%	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	5.95%	-44.01%	-19.58	1.64	12.54%	11.24%

Immersion Corp News

Latest updates

Immersion Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	322.4%	44.00	10.00	9.00	7.00	7.00	9.00	14.00	8.00	7.00	10.00	7.00	11.00	7.00	11.00	8.00	6.00	6.00	11.00	11.00	9.00	5.00
Cost Of Revenue	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Costs and Expenses	-	-	-	-	4.00	4.00	3.00	3.00	4.00	4.00	4.00	4.00	5.00	5.00	6.00	5.00	7.00	11.00	11.00	12.00	18.00	17.00
Operating Expenses	409.6%	27.00	5.00	3.00	-	4.00	-	3.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	50.3%	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00
R&D Expenses	90.9%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	2.00	2.00
EBITDA Margin	-	1.09*	-	1.43*	1.29*	0.82*	0.55*	0.30*	0.28*	0.65*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-	8.00	-	-2.55	7.00	7.00	-	-2.35	-6.10	2.00	-	0.00	0.00	-0.32	-	-	-	-	-	-	-	-
Income Taxes	83.6%	6.00	3.00	1.00	3.00	2.00	-4.96	1.00	-0.17	1.00	4.00	0.00	1.00	0.00	-2.24	-0.10	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Before Taxes	28.1%	25.00	19.00	4.00	10.00	10.00	15.00	9.00	-1.99	6.00	5.00	4.00	6.00	2.00	6.00	3.00	-0.67	-4.78	1.00	-1.30	-8.62	-10.90
EBT Margin	-35.3%	0.82*	1.27*	1.17*	1.15*	0.81*	0.70*	0.45*	0.40*	0.59*	0.49*	0.50*	0.45*	-	-	-	-	-	-	-	-	-
Net Income	16.7%	19.00	16.00	3.00	7.00	8.00	20.00	8.00	-1.82	5.00	1.00	4.00	5.00	2.00	8.00	3.00	-0.71	-4.83	1.00	-1.39	-8.62	-11.02
Net Income Margin	-37.4%	0.63*	1.00*	1.15*	1.15*	0.89*	0.80*	0.31*	0.26*	0.44*	0.36*	0.53*	0.50*	-	-	-	-	-	-	-	-	-
Free Cashflow	282.3%	30.00	8.00	4.00	5.00	4.00	8.00	14.00	8.00	11.00	6.00	2.00	5.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	13.4%	245	216	205	202	197	190	171	174	181	176	161	142	136	96.00	87.00	86.00	107	125	128	135	148
Current Assets	12.4%	194	172	161	168	159	160	145	148	160	153	135	122	116	74.00	67.00	65.00	91.00	107	109	115	128
Cash Equivalents	62.5%	91.00	56.00	29.00	26.00	27.00	49.00	37.00	57.00	63.00	51.00	91.00	107	103	60.00	56.00	54.00	76.00	86.00	87.00	93.00	103
Net PPE	-19.4%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	2.00	2.00	2.00
Liabilities	32.5%	43.00	33.00	35.00	32.00	31.00	32.00	28.00	34.00	38.00	34.00	30.00	30.00	31.00	32.00	33.00	36.00	40.00	41.00	43.00	51.00	58.00
Current Liabilities	55.9%	30.00	19.00	26.00	22.00	20.00	18.00	14.00	19.00	21.00	17.00	11.00	10.00	9.00	9.00	8.00	9.00	12.00	12.00	13.00	20.00	25.00
Shareholder's Equity	10.0%	201	183	169	170	166	158	143	140	143	141	131	112	105	64.00	54.00	50.00	68.00	84.00	84.00	84.00	91.00
Retained Earnings	51.8%	-17.39	-36.04	-52.03	-54.71	-61.74	-70.02	-89.72	-97.42	-95.60	-100	-102	-105	-111	-113	-121	-124	-123	-118	-119	-118	-109
Shares Outstanding	-100.0%	-	32.00	33.00	33.00	-	32.00	34.00	34.00	-	34.00	31.00	30.00	29.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	214	-	-	-	231	-	-	-	231	-	-	-	81.00	-	-	-	159	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	282.3%	29,897	7,821	4,025	5,231	3,523	7,912	13,595	7,601	11,038	6,727	1,668	4,644	4,410	3,010	1,780	-3,452	-1,316	-3,233	-6,951	-16,337	-7,578
Share Based Compensation	23.9%	1,077	869	820	760	946	756	730	791	1,141	341	415	1,051	531	1,323	1,339	1,365	729	1,093	1,187	1,081	2,103
Cashflow From Investing	-69.8%	6,876	22,764	3,340	-2,998	-19,708	6,173	-28,856	-11,555	4,833	-54,909	-32,687	-31.00	-57.00	-7.00	-10.00	-9.00	2,979	5,862	-3.00	5,997	-936
Cashflow From Financing	45.7%	-1,747	-3,215	-4,484	-3,897	-5,151	-2,032	-5,362	-1,614	-4,403	9,071	14,346	37.00	38,749	558	90.00	-18,667	-11,912	-2,736	925	300	180
Dividend Payments	-100.0%	-	990	1,004	1,015	4,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	-100.0%	-	2,084	3,328	2,852	-	1,957	5,304	1,535	4,442	-	-	-	-	-	-	18,667	11,975	2,741	-	-	-

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IMMR Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 43,847	$ 7,074
Operating expenses:
Sales and marketing	1,338	96
Research and development	42	130
General and administrative	25,853	3,589
Total operating expenses	27,233	3,815
Operating income	16,614	3,259
Interest and other income (loss), net	8,106	6,526
Income before provision for income taxes	24,720	9,785
Provision for income taxes	(6,065)	(1,507)
Net income	$ 18,655	$ 8,278
Basic net income per share (in dollars per share)	$ 0.6	$ 0.25
Shares used in calculating basic net income per share (in shares)	31,028	32,603
Diluted net income per share (in dollars per share)	$ 0.59	$ 0.25
Shares used in calculating diluted net income per share (in shares)	31,406	33,085
Other comprehensive income, net of tax
Deferred gains (losses) on available-for-sale marketable debt securities	$ (37)	$ 565
Realized gains on available-for-sale marketable debt securities reclassified to net income	(135)	(190)
Total comprehensive income	18,483	8,653
Royalty and license
Revenues:
Total revenues	43,847	7,009
Development, services, and other
Revenues:
Total revenues	$ 0	$ 65

IMMR Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 91,097	$ 56,071
Investments - current	88,010	104,291
Accounts and other receivables	6,028	2,241
Prepaid expenses and other current assets	8,701	9,847
Total current assets	193,836	172,450
Property and equipment, net	170	211
Investments - noncurrent	40,958	33,350
Long-term deposits	6,394	6,231
Deferred tax assets	3,343	3,343
Other assets	1	146
Total assets	244,702	215,731
Current liabilities:
Accounts payable	21	47
Accrued compensation	3,187	3,127
Deferred revenue - current	12,314	4,239
Other current liabilities	14,586	11,900
Total current liabilities	30,108	19,313
Deferred revenue - noncurrent	8,213	8,390
Other long-term liabilities	4,925	4,926
Total liabilities	43,246	32,629
Commitments and contingencies (Note 5)
Stockholders’ equity:
Common stock and additional paid-in capital	322,310	322,182
Accumulated other comprehensive income	1,530	1,702
Accumulated deficit	(17,385)	(36,040)
Treasury stock	(104,999)	(104,742)
Total stockholders’ equity	201,456	183,102
Total liabilities and stockholders’ equity	$ 244,702	$ 215,731

About Immersion Corp

Immersion Corporation, together with its subsidiaries, creates, designs, develop, 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 addition, the company offers reference designs and reference technology, engineering and integration services, and software and firmware services. It serves 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.

CEO	Mr. Eric Brandon Singer
WEBSITE	immersion.com
INDUSTRY	Software - Apps
EMPLOYEES	19

Immersion Corp Frequently Asked Questions

What is the ticker symbol for Immersion Corp? What does IMMR stand for in stocks?

IMMR is the stock ticker symbol of Immersion Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Immersion Corp (IMMR)?

As of Fri May 17 2024, market cap of Immersion Corp is 297.52 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IMMR stock?

You can check IMMR's fair value in chart for subscribers.

What is the fair value of IMMR stock?

You can check IMMR's fair value in chart for subscribers. The fair value of Immersion Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Immersion Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IMMR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Immersion Corp a good stock to buy?

The fair value guage provides a quick view whether IMMR is over valued or under valued. Whether Immersion Corp is cheap or expensive depends on the assumptions which impact Immersion Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IMMR.

What is Immersion Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, IMMR's PE ratio (Price to Earnings) is 6.71 and Price to Sales (PS) ratio is 4.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IMMR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Immersion Corp's stock?

In the past 10 years, Immersion Corp has provided -0.013 (multiply by 100 for percentage) rate of return.