Immersion (IMMR) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - Immersion (IMMR) closed at $9.02, reflecting a +1.23% change from the previous day, outperforming the S&P 500's daily gain of 0.05% [1] - Over the last month, Immersion's shares increased by 6.71%, exceeding the Computer and Technology sector's gain of 4.59% and the S&P 500's gain of 5.75% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of$ 0.15, representing an 87.5% increase from the prior-year quarter [2] - The Zacks Consensus Estimate for revenue is projected at $10.13 million, up 6.86% from the year-ago period [2] Annual Projections - For the annual period, earnings are anticipated to be$ 1.96 per share, indicating an increase of +88.46% from last year, with revenue expected to reach $116.8 million, signifying a +244.35% change [3] Analyst Sentiment - Recent changes to analyst estimates for Immersion reflect positive sentiment regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, indicates a clear, actionable rating model for investors [4] Zacks Rank and Valuation - Immersion currently holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [5] - The company's Forward P/E ratio is 4.55, which is significantly lower than the industry average Forward P/E of 17.78 [6] Industry Context - The Computer - Peripheral Equipment industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]