This summary was created by AI, based on 1 opinions in the last 12 months.
Immersion Corporation (IMMR-Q) is a company that creates touch screen communication technology. They recently completed a takeover of Barnes & Noble Education, which indicates a strategic direction for the company. The stock trades at a low multiple of earnings and book value, while also supporting a strong return on equity. The company's cash reserves are growing and they are buying back shares. Based on the review, there is potential for a 28% upside with a recommended stop-loss and dividend yield. Analysts have a price target of $13.75. Overall, the stock appears to have strong potential for growth and value.
Immersion Corporation is a American stock, trading under the symbol IMMR-Q on the NASDAQ (IMMR). It is usually referred to as NASDAQ:IMMR or IMMR-Q
In the last year, there was no coverage of Immersion Corporation published on Stockchase.
Immersion Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Immersion Corporation.
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0 stock analysts on Stockchase covered Immersion Corporation In the last year. It is a trending stock that is worth watching.
On 2024-12-20, Immersion Corporation (IMMR-Q) stock closed at a price of $9.09.
IMMR creates touch screen communication technology. They just completed a takeover of a Barnes & Noble Education -- you can imagine where they are going with this acquisition. It trades at 7x earnings, 1.2x book and supports a 19% ROE. We like that cash reserves are growing, while the company buys back shares. We recommend setting a stop-loss at $6, looking to achieve $11 -- upside potential of 28%. Yield 1.9%
(Analysts’ price target is $13.75)