Group 1 - Immersion (IMMR) closed at $6.90, with a +1.32% change from the previous day, underperforming the S&P 500's gain of 1.47% [1] - Over the past month, Immersion's shares have depreciated by 15.82%, while the Computer and Technology sector gained 3.41% and the S&P 500 gained 0.64% [1] - The upcoming earnings release is anticipated to show earnings of $0.42 per share and revenue of $31.75 million, indicating no change from the previous year [2] Group 2 - Changes in analyst estimates for Immersion are important as they reflect near-term business trends, with positive revisions indicating optimism [3] - The Zacks Rank system, which includes estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [4][5] - Immersion currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining steady over the past month [5] Group 3 - Immersion's Forward P/E ratio is 16.21, which is a discount compared to the industry average of 17.08 [6] - The Computer - Peripheral Equipment industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 96, placing it in the top 39% of over 250 industries [6][7] - The Zacks Industry Rank indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]
Immersion (IMMR) Rises Yet Lags Behind Market: Some Facts Worth Knowing