Immersion (IMMR) Expected to Announce Earnings on Thursday

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

Immersion (NASDAQ:IMMR) last posted 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 return on equity of 28.08% and a net margin of 11.79%.

Immersion Price Performance

Shares of NASDAQ IMMR opened at $8.20 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.94 and a current ratio of 1.65. Immersion has a fifty-two week low of $6.54 and a fifty-two week high of $13.94. The stock has a market cap of $264.66 million, a PE ratio of 2.93 and a beta of 1.50. The stock has a fifty day moving average of $8.59 and a 200-day moving average of $8.79.

Analysts Set New Price Targets

Separately, BWS Financial reaffirmed a “buy” rating and set a $13.50 target price on shares of Immersion in a 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.