Evaluating NASDAQ:IMMR for Growth Investment Opportunities.

In this article we will dive into IMMERSION CORPORATION (NASDAQ:IMMR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed IMMERSION CORPORATION showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why NASDAQ:IMMR may be interesting for canslim investors.

• The quarterly earnings of IMMERSION CORPORATION have shown a 138.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• IMMERSION CORPORATION has demonstrated strong q2q revenue growth of 520.0%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The 3-year EPS growth of IMMERSION CORPORATION (47.44%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• With a favorable Return on Equity (ROE) of 22.02%, IMMERSION CORPORATION demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
• The Relative Strength (RS) of IMMERSION CORPORATION has been consistently solid, with a current 96.53 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. IMMERSION CORPORATION exhibits strong prospects for further price appreciation.
• With a current Debt-to-Equity ratio at 0.0, IMMERSION CORPORATION showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With 56.46% of the total shares held by institutional investors, IMMERSION CORPORATION showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical Analysis Observations

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Overall IMMR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IMMR is showing a nice and steady performance.

• The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
• When comparing the yearly performance of all stocks, we notice that IMMR is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, IMMR also shows a nice and consistent pattern of rising prices.
• IMMR is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. IMMR outperforms 93% of them.
• IMMR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Our latest full technical report of IMMR contains the most current technical analsysis.

A complete fundamental analysis of NASDAQ:IMMR

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, IMMR scores 7 out of 10 in our fundamental rating. IMMR was compared to 32 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the health and profitability get an excellent rating, making IMMR a very profitable company, without any liquidiy or solvency issues. A decent growth rate in combination with a cheap valuation! Better keep an eye on IMMR. This makes IMMR very considerable for value investing!

Check the latest full fundamental report of IMMR for a complete fundamental analysis.

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.