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The closing price of Immersion Corp (NASDAQ: IMMR) was $10.19 for the day, down -3.60% from the previous closing price of $10.57. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 0.81 million shares were traded. IMMR stock price reached its highest trading level at $10.57 during the session, while it also had its lowest trading level at $9.89.
Ratios:
Our analysis of IMMR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.91. For the most recent quarter (mrq), Quick Ratio is recorded 6.44 and its Current Ratio is at 6.44. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BWS Financial on February 06, 2023, initiated with a Buy rating and assigned the stock a target price of $11.
Colliers Securities reiterated its Buy rating for the stock on December 29, 2020, while the target price for the stock was revised from $13 to $15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 13 ’24 when DODSON J MICHAEL sold 4,947 shares for $10.68 per share. The transaction valued at 52,834 led to the insider holds 45,053 shares of the business.
Nader Elias sold 13,000 shares of IMMR for $106,863 on Mar 13 ’24. The Director now owns 29,266 shares after completing the transaction at $8.22 per share. On Dec 06 ’23, another insider, TORO 18 HOLDINGS LLC, who serves as the 10% Owner of the company, bought 11,281 shares for $7.60 each. As a result, the insider paid 85,736 and bolstered with 1,544,147 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IMMR now has a Market Capitalization of 336706112 and an Enterprise Value of 145493792. As of this moment, Immersion’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.39, and their Forward P/E ratio for the next fiscal year is 11.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 2.058 whereas that against EBITDA is 4.642.
Stock Price History:
Over the past 52 weeks, IMMR has reached a high of $13.94, while it has fallen to a 52-week low of $5.94. The 50-Day Moving Average of the stock is -5.87%, while the 200-Day Moving Average is calculated to be 25.78%.
Shares Statistics:
IMMR traded an average of 759.60K shares per day over the past three months and 898160 shares per day over the past ten days. A total of 31.53M shares are outstanding, with a floating share count of 28.29M. Insiders hold about 11.19% of the company’s shares, while institutions hold 59.75% stake in the company. Shares short for IMMR as of 1721001600 were 1933975 with a Short Ratio of 2.87, compared to 1718323200 on 1739114. Therefore, it implies a Short% of Shares Outstanding of 1933975 and a Short% of Float of 7.23.
Dividends & Splits
With its trailing 12-month dividend rate of 0.15, IMMR has a forward annual dividend rate of 0.17. Against a Trailing Annual Dividend Yield of 0.014191108
Earnings Estimates
The consensus estimate for the next quarter is $0.34, with high estimates of $0.5 and low estimates of $0.17.
Analysts are recommending an EPS of between $1.54 and $1.13 for the fiscal current year, implying an average EPS of $1.33. EPS for the following year is $0.87, with 1.0 analysts recommending between $0.87 and $0.87.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $24.93M to a low estimate of $24.93M. As of the current estimate, Immersion Corp’s year-ago sales were $7.07MFor the next quarter, 1 analysts are estimating revenue of $7.39M. There is a high estimate of $7.5M for the next quarter, whereas the lowest estimate is $7.29M.
A total of 2 analysts have provided revenue estimates for IMMR’s current fiscal year. The highest revenue estimate was $71.93M, while the lowest revenue estimate was $66.35M, resulting in an average revenue estimate of $69.14M. In the same quarter a year ago, actual revenue was $33.92MBased on 1 analysts’ estimates, the company’s revenue will be $40M in the next fiscal year. The high estimate is $40M and the low estimate is $40M.
