The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Immersion Corp's Score
Industry at a Glance
Industry Ranking
75 / 485
Overall Ranking
149 / 4615
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
12.250
Target Price
+78.05%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Immersion Corp Highlights
StrengthsRisks
Immersion Corporation is a developer and provider of technologies for haptics. The Company develops, licenses, and supports a range of software and intellectual property (IP) that fully engage users senses of touch when operating digital devices. Its segments include Immersion and Barnes & Noble Education. The Company offers licenses to its patented technology to its customers and offers its customers enabling software, related tools and technical assistance designed to integrate the Company's patented technology into its customers products or enhance the functionality of its patented technology. The Company's licenses enable its customers to deploy haptically enabled devices, content and other offerings, which they typically sell under their own brand names. It is focused on various target application areas, such as mobile devices, wearables, consumer, mobile entertainment and other content; virtual and augmented reality; console gaming; automotive, and medical, and residential.
Growing
The company is in a growing phase, with the latest annual income totaling USD 33.92M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 33.92M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 13.80%.
Undervalued
The company’s latest PE is 4.06, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 17.43M shares, decreasing 24.74% quarter-over-quarter.
Immersion Corporation is a developer and provider of technologies for haptics. The Company develops, licenses, and supports a range of software and intellectual property (IP) that fully engage users senses of touch when operating digital devices. Its segments include Immersion and Barnes & Noble Education. The Company offers licenses to its patented technology to its customers and offers its customers enabling software, related tools and technical assistance designed to integrate the Company's patented technology into its customers products or enhance the functionality of its patented technology. The Company's licenses enable its customers to deploy haptically enabled devices, content and other offerings, which they typically sell under their own brand names. It is focused on various target application areas, such as mobile devices, wearables, consumer, mobile entertainment and other content; virtual and augmented reality; console gaming; automotive, and medical, and residential.