Immersion Corporation

Company Profile

Immersion Corporation had its IPO on 1999-11-12 under the ticker symbol IMMR.

The company operates in the Technology sector and Software-Application industry. Immersion Corporation has a staff strength of 19 employees.

Stock update

Shares of Immersion Corporation opened at $6.81 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.71 - $6.86, and closed at $6.74.

This is a -1.03% slip from the previous day's closing price.

A total volume of 290,803 shares were traded at the close of the day’s session.

In the last one week, shares of Immersion Corporation have slipped by -4.67%.

Immersion Corporation's Key Ratios

Immersion Corporation has a market cap of $219.56 million, indicating a price to book ratio of 1.8326 and a price to sales ratio of 6.5538.

In the last 12-months Immersion Corporation’s revenue was $37.23 million with a gross profit of $38.34 million and an EBITDA of $23.20 million. The EBITDA ratio measures Immersion Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Immersion Corporation’s operating margin was 62.01% while its return on assets stood at 7.66% with a return of equity of 27.58%.

In Q2, Immersion Corporation’s quarterly earnings growth was a positive 67.4% while revenue growth was a negative 12.5%.

Immersion Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.3203

PEG

-0.45

Its diluted EPS in the last 12-months stands at $1.28 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.45. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Immersion Corporation’s profitability.

Immersion Corporation stock is trading at a EV to sales ratio of 3.3172 and a EV to EBITDA ratio of 5.1349. Its price to sales ratio in the trailing 12-months stood at 6.5538.

Immersion Corporation stock pays annual dividends of $0.09 per share, indicating a yield of 1.76% and a payout ratio of 6.72%.

Balance sheet and cash flow metrics

Total Assets

$202.49 million

Total Liabilities

$21.86 million

Operating Cash Flow

$-2998000.00

Capital Expenditure

$0

Dividend Payout Ratio

6.72%

Immersion Corporation ended 2024 with $202.49 million in total assets and $0 in total liabilities. Its intangible assets were valued at $202.49 million while shareholder equity stood at $170.04 million.

Immersion Corporation ended 2024 with $0 in deferred long-term liabilities, $21.86 million in other current liabilities, 322870000.00 in common stock, $-54710000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $25.82 million and cash and short-term investments were $157.54 million. The company’s total short-term debt was $137,000 while long-term debt stood at $0.

Immersion Corporation’s total current assets stands at $168.02 million while long-term investments were $20.25 million and short-term investments were $131.72 million. Its net receivables were $8.13 million compared to accounts payable of $54000.00 and inventory worth $2.28 million.

In 2024, Immersion Corporation's operating cash flow was $-2998000.00 while its capital expenditure stood at $0.

Comparatively, Immersion Corporation paid $0.07 in dividends in 2024.

Other key metrics

Current Trading Price

$6.74

52-Week High

$9.1787

52-Week Low

$4.7936

Analyst Target Price

$10.5

Immersion Corporation stock is currently trading at $6.74 per share. It touched a 52-week high of $9.1787 and a 52-week low of $9.1787. Analysts tracking the stock have a 12-month average target price of $10.5.

Its 50-day moving average was $7.04 and 200-day moving average was $7.34 The short ratio stood at 4.06 indicating a short percent outstanding of 0%.

Around 450.6% of the company’s stock are held by insiders while 5905.2% are held by institutions.