Immersion (IMMR) to Release Quarterly Earnings on Thursday

Immersion (NASDAQ:IMMR) is expected to be issuing its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.14 per share for the quarter.

Immersion (NASDAQ:IMMR) last issued its earnings results on Monday, December 16th. The software maker reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.68. Immersion had a net margin of 11.79% and a return on equity of 28.08%.

Immersion Stock Performance

IMMR stock opened at $7.60 on Wednesday. The firm has a market cap of $245.30 million, a price-to-earnings ratio of 2.71 and a beta of 1.50. The firm has a 50-day simple moving average of $8.53 and a two-hundred day simple moving average of $8.73. Immersion has a one year low of $6.54 and a one year high of $13.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 1.65.

Wall Street Analyst Weigh In

Separately, BWS Financial reissued a “buy” rating and set a $13.50 price target on shares of Immersion in a research report on Wednesday, February 5th.

Immersion Company Profile

Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of 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.