Delving into NASDAQ:IMMR's Growth Prospects.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if IMMERSION CORPORATION (NASDAQ:IMMR) is suited for growth investing. Investors should of course do their own research, but we spotted IMMERSION CORPORATION showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Why NASDAQ:IMMR may be interesting for canslim investors.

• The recent financial report of IMMERSION CORPORATION demonstrates a 218.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• IMMERSION CORPORATION has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 650.0%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• IMMERSION CORPORATION has achieved 47.44% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• The Return on Equity(ROE) of IMMERSION CORPORATION is 22.02%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• IMMERSION CORPORATION has achieved an impressive Relative Strength (RS) rating of 84.56, showcasing its ability to outperform the broader market. This strong performance positions IMMERSION CORPORATION as an attractive stock for potential price appreciation.
• IMMERSION CORPORATION exhibits a favorable Debt-to-Equity ratio at 0.0. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• IMMERSION CORPORATION exhibits a favorable ownership structure, with an institutional shareholder ownership of 58.86%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Technical Analysis Observations

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

Taking everything into account, IMMR scores 8 out of 10 in our technical rating. In the past year, IMMR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.

• The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
• When comparing the yearly performance of all stocks, we notice that IMMR is one of the better performing stocks in the market, outperforming 84% of all stocks.
• In the last month IMMR has a been trading in the 8.22 - 10.32 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• IMMR is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 63% of 31 stocks in the same industry.
• IMMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMMR is lagging the market.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

For an up to date full technical analysis you can check the technical report of IMMR

What is the full fundamental picture of NASDAQ:IMMR telling us.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, IMMR scores 7 out of 10 in our fundamental rating. IMMR was compared to 31 industry peers in the Technology Hardware, Storage & Peripherals industry. IMMR gets an excellent profitability rating and is at the same time showing great financial health properties. IMMR scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, IMMR could be worth investigating further for value and quality investing!.

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

Our CANSLIM screen will find you more ideas suited for growth investing.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.