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How to buy Immersion Corporation (IMMR) stocks
Learn how to easily invest in Immersion Corporation stocks.
Immersion Corporation is a software-application business based in the US. Immersion Corporation stocks (IMMR.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $7.17 – an increase of 0.42% over the previous week. Immersion Corporation employs 19 staff and has a trailing 12-month revenue of around $38.2 million.
How to buy Immersion Corporation stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – IMMR. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Immersion Corporation?
- Has coronavirus impacted Immersion Corporation shares?
- Immersion Corporation shares summary
- Compare share dealing platforms
- Is Immersion Corporation stock a buy or sell?
- Immersion Corporation performance over time
- Are Immersion Corporation shares over-valued?
- Immersion Corporation's financials
- How volatile are Immersion Corporation shares?
- Does Immersion Corporation pay a dividend?
- Other common questions
Immersion Corporation stock price (NASDAQ:IMMR)Use our graph to track the performance of IMMR stocks over time.
Immersion Corporation shares at a glance
|Latest market close||$7.17|
|52-week range||$4.81 - $9.22|
|50-day moving average||$7.60|
|200-day moving average||$6.84|
|Wall St. target price||$10.50|
|Dividend yield||$0.06 (1.69%)|
|Earnings per share (TTM)||$1.02|
Buy Immersion Corporation stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Immersion Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Immersion Corporation price performance over time
Historical closes compared with the close of $7.17 from 2023-05-26
|1 week (2023-05-23)||0.42%|
|1 month (2023-05-01)||5.91%|
|3 months (2023-03-03)||-7.00%|
|6 months (2022-11-30)||-1.24%|
|1 year (2022-05-31)||28.96%|
|2 years (2021-05-28)||-16.14%|
|3 years (2020-05-29)||6.14%|
|5 years (2018-05-31)||15.17|
Is Immersion Corporation stock undervalued or overvalued?
Valuing Immersion Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Immersion Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Immersion Corporation's P/E ratio
Immersion Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Immersion Corporation shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Immersion Corporation's EBITDA
Immersion Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $24.2 million.
The EBITDA is a measure of a Immersion Corporation's overall financial performance and is widely used to measure a its profitability.
Immersion Corporation financials
|Revenue TTM||$38.2 million|
|Operating margin TTM||62.98%|
|Gross profit TTM||$38.3 million|
|Return on assets TTM||7.96%|
|Return on equity TTM||21.91%|
|Market capitalisation||$234 million|
TTM: trailing 12 months
Immersion Corporation share dividends
Dividend payout ratio: 5.83% of net profits
Recently Immersion Corporation has paid out, on average, around 5.83% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.69% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Immersion Corporation shareholders could enjoy a 1.69% return on their shares, in the form of dividend payments. In Immersion Corporation's case, that would currently equate to about $0.06 per share.
While Immersion Corporation's payout ratio might seem low, this can signify that Immersion Corporation is investing more in its future growth.
Immersion Corporation's most recent dividend payout was on 28 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 12 July 2023 (the "ex-dividend date").
Immersion Corporation share price volatility
Over the last 12 months, Immersion Corporation's shares have ranged in value from as little as $4.8138 up to $9.2173. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Immersion Corporation's is 1.4493. This would suggest that Immersion Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Immersion Corporation overview
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. .
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Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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