NASDAQ:MRAM Everspin Technologies (MRAM) Stock Price, News & Analysis $6.25 -0.10 (-1.57%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$6.19▼$6.4250-Day Range$5.72▼$6.7452-Week Range$5.54▼$10.50Volume110,736 shsAverage Volume128,255 shsMarket Capitalization$134.50 millionP/E Ratio16.89Dividend YieldN/APrice Target$9.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Everspin Technologies alerts: Email Address Everspin Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside44.0% Upside$9.00 Price TargetShort InterestHealthy3.54% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.27Based on 6 Articles This WeekInsider TradingSelling Shares$207,009 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.82 out of 5 starsBusiness Services Sector164th out of 317 stocksSemiconductors & Related Devices Industry57th out of 89 stocks 3.5 Analyst's Opinion Consensus RatingEverspin Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageEverspin Technologies has only been the subject of 2 research reports in the past 90 days.Read more about Everspin Technologies' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.54% of the float of Everspin Technologies has been sold short.Short Interest Ratio / Days to CoverEverspin Technologies has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Everspin Technologies has recently increased by 174.74%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEverspin Technologies does not currently pay a dividend.Dividend GrowthEverspin Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MRAM. Previous Next 2.4 News and Social Media Coverage News SentimentEverspin Technologies has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Everspin Technologies this week, compared to 2 articles on an average week.Search Interest10 people have searched for MRAM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Everspin Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Everspin Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $207,009.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Everspin Technologies is held by insiders.Percentage Held by Institutions44.68% of the stock of Everspin Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Everspin Technologies' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Everspin Technologies is 16.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Everspin Technologies is 16.89, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 21.53.Price to Book Value per Share RatioEverspin Technologies has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Everspin Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Everspin Technologies Stock (NASDAQ:MRAM)Everspin Technologies, Inc. engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.Read More MRAM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRAM Stock News HeadlinesJuly 4, 2024 | insidertrades.comInsider Selling: Everspin Technologies, Inc. (NASDAQ:MRAM) CFO Sells 12,984 Shares of StockJuly 21, 2024 | americanbankingnews.comEverspin Technologies (NASDAQ:MRAM) Releases Q2 2024 Earnings GuidanceJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 20, 2024 | uk.finance.yahoo.com0IJ3.IL,0P0001HCUD,90 (0IJ3.IL)July 19, 2024 | marketwatch.comEverspin Technologies Names Tenorio Interim CFO as Aggarwal DepartsJuly 19, 2024 | stockhouse.comEverspin Technologies Announces Departure of Chief Financial OfficerJuly 11, 2024 | investorplace.com3 Tiny Stocks Primed for Enormous Gains by Next YearMay 31, 2024 | businesswire.comEverspin Technologies Announces Updated Presentation Time at the Maxim Virtual TMT ConferenceJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 23, 2024 | businesswire.comEverspin Technologies to Present at Upcoming Investor ConferencesMay 21, 2024 | finance.yahoo.comEverspin Technologies (NASDAQ:MRAM) shareholders have endured a 21% loss from investing in the stock a year agoMay 13, 2024 | seekingalpha.comEverspin: Potential AI Buildout Beneficiary, With Giveaway ValuationMay 8, 2024 | investorplace.comNeedham Just Cut Its Price Target on These 3 StocksMay 7, 2024 | businesswire.comEY Announces Sanjeev Aggarwal of Everspin Technologies as an Entrepreneur Of The Year® 2024 Pacific Southwest Award FinalistMay 3, 2024 | finance.yahoo.comEverspin Technologies First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 3, 2024 | finance.yahoo.comIs Everspin Technologies, Inc. (NASDAQ:MRAM) Trading At A 25% Discount?May 2, 2024 | stocknews.com3 Chip Stocks Trading at Attractive PricesMay 2, 2024 | markets.businessinsider.comQUALCOMM Shares Rise In Pre-Market On Upbeat Q2 ResultsSee More Headlines Receive MRAM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Everspin Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/01/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:MRAM CUSIPN/A CIK1438423 Webwww.everspin.com Phone(480) 347-1111FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$9.00 High Stock Price Target$10.00 Low Stock Price Target$8.00 Potential Upside/Downside+44.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.37 Trailing P/E Ratio16.89 Forward P/E RatioN/A P/E GrowthN/ANet Income$9.05 million Net Margins12.77% Pretax Margin12.74% Return on Equity15.70% Return on Assets12.75% Debt Debt-to-Equity RatioN/A Current Ratio9.56 Quick Ratio8.20 Sales & Book Value Annual Sales$63.76 million Price / Sales2.11 Cash Flow$0.48 per share Price / Cash Flow13.00 Book Value$2.57 per share Price / Book2.43Miscellaneous Outstanding Shares21,520,000Free Float20,208,000Market Cap$134.50 million OptionableOptionable Beta0.91 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesDr. Sanjeev Aggarwal Ph.D. (Age 57)President, CEO & Director Comp: $1.17MMr. Anuj Aggarwal (Age 44)Chief Financial Officer Comp: $770.28kMr. David Schrenk (Age 48)Vice President of Sales & Business Development Comp: $384.56kMr. Amit ShahVice President of OperationsMr. Kerry NagelVice President of TechnologyMs. Aparna OkaCorporate ControllerMore ExecutivesKey CompetitorsResonantNASDAQ:RESNIntchains GroupNASDAQ:ICGNVENASDAQ:NVECApplied OptoelectronicsNASDAQ:AAOISkyWater TechnologyNASDAQ:SKYTView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 49,032 shares on 7/26/2024Ownership: 0.528%Oppenheimer & Close LLCBought 20,000 shares on 7/25/2024Ownership: 0.381%Sanjeev AggarwalSold 17,631 sharesTotal: $105,962.31 ($6.01/share)Anuj AggarwalSold 12,984 sharesTotal: $78,033.84 ($6.01/share)David SchrenkSold 2,275 sharesTotal: $13,809.25 ($6.07/share)View All Insider TransactionsView All Institutional Transactions MRAM Stock Analysis - Frequently Asked Questions How have MRAM shares performed this year? Everspin Technologies' stock was trading at $9.04 at the start of the year. Since then, MRAM stock has decreased by 30.9% and is now trading at $6.25. View the best growth stocks for 2024 here. How were Everspin Technologies' earnings last quarter? Everspin Technologies, Inc. (NASDAQ:MRAM) released its quarterly earnings data on Wednesday, May, 1st. The business services provider reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.03 by $0.04. The business services provider earned $14.43 million during the quarter. Everspin Technologies had a trailing twelve-month return on equity of 15.70% and a net margin of 12.77%. What is Kevin Conley's approval rating as Everspin Technologies' CEO? 5 employees have rated Everspin Technologies Chief Executive Officer Kevin Conley on Glassdoor.com. Kevin Conley has an approval rating of 79% among the company's employees. When did Everspin Technologies IPO? Everspin Technologies (MRAM) raised $46 million in an initial public offering (IPO) on Friday, October 7th 2016. The company issued 3,800,000 shares at a price of $11.00-$13.00 per share. Stifel and Needham & Company served as the underwriters for the IPO and Canaccord Genuity and Craig-Hallum Capital Group were co-managers. Who are Everspin Technologies' major shareholders? Top institutional shareholders of Everspin Technologies include Bank of New York Mellon Corp (0.53%) and Oppenheimer & Close LLC (0.38%). Insiders that own company stock include Sanjeev Aggarwal, Anuj Aggarwal, David Schrenk, Darin G Billerbeck, Michael B Gustafson, Troy Winslow and Stephen Socolof. View institutional ownership trends. How do I buy shares of Everspin Technologies? Shares of MRAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Everspin Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Everspin Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Block (SQ), Editas Medicine (EDIT), Freeport-McMoRan (FCX) and CRISPR Therapeutics (CRSP). This page (NASDAQ:MRAM) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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