WallStreetZenWallStreetZen

How to Buy Immersion Stock

Immersion Corp

Immersion Corporation, together with its subsidiaries, invents, scales, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia.

Immersion stock last closed at $7.19, up 0.84% from the previous day, and has increased 6.68% in one year. It has underperformed other stocks in the Software - Application industry by 0.21 percentage points. Immersion stock is currently +21.04% from its 52-week low of $5.94, and -16.59% from its 52-week high of $8.62.

As of Apr 26, 2024, there are 31.7M shares of IMMR outstanding. The market capitalization of IMMR is $227.93M. In the past 24 hours, 247,938 IMMR shares were traded.

How to Buy Immersion Stock

Not sure how to invest in Immersion stock? Here's how.
  1. Choose where to buy Immersion stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Immersion stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Pick your payment method and add your info.
  4. Analyze Immersion stock: The Immersion ticker symbol is IMMR. Is Immersion stock a good investment? Should you buy shares of IMMR? How do IMMR's underlying business fundamentals look? Do top analysts think Immersion is a good buy? Why has IMMR's stock price moved recently? (Hint: Our stock research tools can help you evaluate if IMMR is a good stock to buy).
  5. Make your IMMR purchase: Decide if you will purchase IMMR shares at the current market price or use a limit order to purchase IMMR shares at a specific price.
  6. Get the latest scoop on your investment in IMMR: Create a watchlist to key updates about your new investment in Immersion stock.

Step 1: Choose where to buy Immersion stock

You will need an online brokerage account to access the NASDAQ market and buy IMMR shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our research, eToro is the best stock brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you can invest in IMMR stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to open your new brokerage account.
  1. Send your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your brokerage account

Now that you have finished signing up on mobile trading apps, you need to deposit funds:

Watch the walkthrough below for more details depositing funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Immersion stock

After you have identified the best place to buy Immersion stock, it's very important to evaluate their stock before you invest, so you can understand the risk as well as the upside.

Immersion quick stats

IMMR Price
$7.19
1w %
0.28%
1y %
6.68%
5y %
-21.68%
P/E
6.85x
P/B
1.24x
P/S
6.83x
PEG
N/A
Revenue
$33.92M
Earnings
$33.98M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$227.93M
Next Earnings
May 8, 2024
Next Dividend
N/A

IMMR Due Diligence Checks

WallStreetZen was built to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on IMMR's stock page.

Is IMMR stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge IMMR's intrinsic value.

Using relative valuations metrics:

  • IMMR may be undervalued based on its P/E ratio of 6.85x, relative to Software - Application industry P/E ratio of 91.33x
  • IMMR could be undervalued based on its P/B ratio of 1.24x, relative to Software - Application industry P/B ratio of 6.53x

You can do additional valuation analysis on IMMR's stock here.

How do IMMR Financials look?

Signs that IMMR is financially healthy:

  • IMMR profit margin has gone up from 79.7% to 100.2% in the past year.
  • IMMR's operating cash flow of $20.60M allows it to safely service it's debt of $0.00.
  • Total IMMR debt is lower than 5 years ago, relative to shareholder equity.
  • IMMR earnings of $42.92M is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the IMMR balance sheet.
  • IMMR has a low debt to equity ratio of 0.18.
  • There are more short-term assets than long-term liabilities on the IMMR balance sheet.

Do Wall Street analysts think it's a good time to buy Immersion stock

Out of 1 sell side analysts who monitor IMMR, the consensus analyst rating on IMMR is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Immersion stock forecast page.

IMMR Momentum

SMA10
7.17
SMA20
7.25
SMA50
7.25
SMA100
7.08
SMA200
6.93
MACD
-0.06
MACD Signal
-0.04
MACD Histogram
-0.01
RSI
46.85
Stochastic %K
29.17
Stochastic %D
28.75
StochRSI %K
45.22
StochRSI %D
45.87

IMMR Earnings

Last year, IMMR earnings were $33.98M. Over the last 5 year, IMMR's earnings have increased by -10.02% per year. This was slower than the Software - Application industry average of 31%.

Last year, IMMR revenue was $33.92M. In the past five year, IMMR's revenue has gone up by -21.11% per year. This was slower than the Software - Application industry average of 27.72%.

Learn more about IMMR's earnings and revenue performance here.

What are IMMR insiders up to?

In the past year, insiders at IMMR have sold more shares than they have bought.

Eric Singer, President and CEO of IMMR, was the latest IMMR insider to sell. They sold $94,835.91 worth of IMMR shares on Apr 3, 2024.

Dig into more about who owns IMMR shares here.

Can I get consistent income from IMMR stock?

Immersion pays a dividend of 2.09%, compared to the Software - Application industry's average dividend yield of 2.39%. If you owned $1,000 worth of IMMR stock, you would have received $20.86 in the past 12 months.

Get more data about Immersion dividend yield and history here.

What do other traders have to say about IMMR?

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your IMMR purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Press the Open Trade button and eToro will execute the order.

If you want more info about investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your investment in IMMR

Now that you own some shares in IMMR, you'll want to keep up with your investment.

Create a watchlist to see the latest developments about your IMMR stock.

IMMR Feed

How to Buy Stock in Immersion

To summarize, here are the 6 steps you need to take to buy Immersion stock right now:

  1. Choose where to buy Immersion stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Immersion stock
  5. Make your IMMR purchase
  6. Get the latest scoop on your investment in IMMR

If you are looking for a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your investment in Immersion, hit the button below to create your watchlist.

NASDAQ: IMMR
$7.19+0.06 (+0.84%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: IMMR
$7.19+0.06 (+0.84%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Immersion share?

As of Apr 26, 2024, it costs $7.19 to buy one share of Immersion stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.417 shares of IMMR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Immersion stock?

According to 1 Wall Street analysts who monitor Immersion, their consensus recommendation is to buy Immersion stock.

What is the best way to buy Immersion stock?

One way to place an order for Immersion stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.