High growth, ROE and relative strength for NASDAQ:IMMR, growth investors may appreciate this.

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.

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), IMMERSION CORPORATION highlights its ability to generate increasing profitability, showcasing a 931.0% growth.
• IMMERSION CORPORATION has demonstrated strong q2q revenue growth of 6.0K%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The EPS of IMMERSION CORPORATION has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• In terms of Return on Equity(ROE), IMMERSION CORPORATION is performing well, achieving a 44.16% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• IMMERSION CORPORATION has exhibited strong Relative Strength(RS) in recent periods, with a current 76.89 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. IMMERSION CORPORATION shows promising potential for continued price momentum.
• 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.
• IMMERSION CORPORATION exhibits a favorable ownership structure, with an institutional shareholder ownership of 64.28%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Insights from Technical Analysis

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

We assign a technical rating of 5 out of 10 to IMMR. In the last year, IMMR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

• 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.
• In the last month IMMR has a been trading in the 8.03 - 8.80 range, which is quite wide. It is currently trading near the high of this range.
• Looking at the yearly performance, IMMR did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• IMMR is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 48% of 32 stocks in the same industry.

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

How does the complete fundamental picture look for NASDAQ:IMMR?

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

We assign a fundamental rating of 8 out of 10 to IMMR. IMMR was compared to 32 industry peers in the Technology Hardware, Storage & Peripherals industry. IMMR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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!.

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 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.