Exploring growth characteristics of IMMERSION CORPORATION (NASDAQ:IMMR).

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 931.0% 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 achieved 6.0K% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• IMMERSION CORPORATION has experienced 47.44% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• IMMERSION CORPORATION demonstrates a strong Return on Equity(ROE) of 44.16%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. IMMERSION CORPORATION shows promising potential for continued success.
• IMMERSION CORPORATION has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 77.58 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. IMMERSION CORPORATION is well-positioned for potential price growth opportunities.
• Maintaining a Debt-to-Equity ratio of 0.0, IMMERSION CORPORATION demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 64.28% 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.

In-Depth Technical Analysis of NASDAQ:IMMR

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall IMMR gets a technical rating of 3 out of 10. IMMR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

• The long and short term trends are both neutral. This gives a pretty neutral overall picture!
• When comparing the yearly performance of all stocks, we notice that IMMR is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
• 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.

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

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Overall IMMR gets a fundamental rating of 7 out of 10. We evaluated IMMR against 31 industry peers in the Technology Hardware, Storage & Peripherals industry. IMMR scores excellent points on both the profitability and health parts. This is a solid base for a good stock. IMMR has a decent growth rate and is not valued too expensively. With these ratings, IMMR could be worth investigating further for quality investing!.

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

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

Keep in mind

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.