For Immediate Release Chicago, IL – October 29, 2024 – Today, Zacks Equity Research like Logitech (LOGI) , Mercury Systems (MRCY) , Immersion (IMMR) and TransAct Technologies (TACT) . Industry: Computer Equipment Link: https://www.zacks.com/commentary/2358253/4-stocks-in-focus-from-a-prospering-computer-peripheralindustry The Zacks Computer-Peripheral Equipment industry players like Logitech, Mercury Systems, Immersion and TransAct Technologies are well-poised to benefit from the growing demand for professi ...

The Zacks Computer-Peripheral Equipment industry players like Logitech (LOGI) , Mercury Systems (MRCY) , Immersion (IMMR) and TransAct Technologies (TACT) are well-poised to benefit from the growing demand for professional gaming accessories, touchscreen and wireless devices, smart glasses and RFID (Radio Frequency Identification) solutions. A continuously improving shipment of personal computers (PCs) bodes well for PC peripheral market prospects. Moreover, the solid demand for 3D-printed health equipment ...

Immersion Corporation (IMMR) has seen its stock price plunge by 18.4% in the past three months, prompting investors to question whether this dip presents a buying opportunity. In stark contrast to the relatively stable S&P 500 and the Technology Select Sector SPDR Fund's (XLK) modest 4.1% decline, Immersion's drop has been far more significant. But does this drop reflect underlying weaknesses, or is it a temporary pullback caused by external factors? 3-Month Price Return Performance Image Source: Zacks Inve ...

Immersion (IMMR) closed the latest trading day at $8.89, indicating a +1.25% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.7%. On the other hand, the Dow registered a gain of 1.26%, and the technology-centric Nasdaq increased by 2.51%. Heading into today, shares of the touch-based technology company had lost 11.31% over the past month, lagging the Computer and Technology sector's loss of 1.45% and the S&P 500's gain of 1.27% in that time. Investors wi ...

Immersion Corporation (IMMR) is currently trading at a low price-to-earnings (P/E) multiple, far below the Zacks Computer–Peripheral Equipment industry and broader tech sector averages. IMMR's forward 12-month P/E ratio sits at 8.09, significantly lower than the industry's average of 41.3 and the Zacks Computer and Technology sector's average of 25.6. Image Source: Zacks Investment Research This attractive valuation has been the result of the dramatic drop in Immersion's stock price since late July 2024 due ...

MALVERN, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that it has expanded its lineup of IHPT solenoid-based haptic actuators featuring Immersion Corporation licenses, with five new devices offering additional sizes and force levels. Providing 12 V operation for LCD displays, touchscreens, touch switches, and button control panels for human-machine interfaces (HMI) in automotive and commercial applications, the Vishay Custom Magnetics actuators deliver hig ...

Immersion Today | --- | --- | |----------------------|-------| | | | | | | | | | | IMMR Immersion | | | $9.19 | | | -0.33 (-3.47%) | | | 52-Week Range $5.94 | | | ▼ | | | $13.94 | | | Dividend Yield 1.96% | | | P/E Ratio 6.71 | | | Price Target $13.50 | | Add to Watchlist Immersion Corp. NASDAQ: IMMR is a leading developer of haptic technology. The company was a pioneer in developing haptic technology, which is the touch feedback you receive from digital devices. Since then, the company's technology has bee ...

Immersion Corporation (IMMR) has experienced a sharp 25% decline in its share price over the past month, leaving investors wondering if this is a buying opportunity. The drop stands out starkly against the stability of the S&P 500, which has only seen minor fluctuations during the same period. Additionally, Immersion's performance significantly underperformed the Technology Select Sector SPDR Fund (XLK) ETF, which posted a 4.9% gain in the same timeframe. What Triggered the Fall? The dramatic drop in Immers ...

Monty Rakusen After the close of Tuesday's regular session, Immersion Corporation or "Immersion" (NASDAQ:IMMR) reported strong second quarter results. However, the company's recent acquisition of a controlling stake in Barnes & Noble Education (BNED) has resulted in the unfortunate requirement to consolidate the new subsidiary's financial results. The consolidation of Barnes & Noble Education's highly seasonal operations will result in Immersion reporting massive losses in the first half of each calendar ye ...

Immersion (IMMR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 78%. A quarter ago, it was expected that this touchbased technology company would post earnings of $0.59 per share when it actually produced earnings of $0.59, delivering no surprise. Over the last four quarters, the com ...