NASDAQ:MRAM Everspin Technologies (MRAM) Stock Price, News & Analysis → [BUY ALERT] Our #1 A.I. Stock for March (From Behind the Markets) (Ad) Free MRAM Stock Alerts $7.92 -0.08 (-1.00%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$7.87▼$8.0850-Day Range$7.92▼$9.1452-Week Range$6.20▼$10.50Volume63,616 shsAverage Volume100,202 shsMarket Capitalization$168.14 millionP/E Ratio18.86Dividend YieldN/APrice Target$12.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Everspin Technologies alerts: Email Address Everspin Technologies MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.5% Upside$12.00 Price TargetShort InterestHealthy0.53% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.72Based on 9 Articles This WeekInsider TradingSelling Shares$693,368 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.3.22 out of 5 starsBusiness Services Sector116th out of 310 stocksSemiconductors & Related Devices Industry37th out of 90 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 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, Everspin Technologies has a forecasted upside of 51.5% from its current price of $7.92.Amount of Analyst CoverageEverspin Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.53% 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 0.9, 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 48.94%, 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 3.7 News and Social Media Coverage News SentimentEverspin Technologies has a news sentiment score of 0.72. 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 higher news sentiment than the 0.62 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Everspin Technologies this week, compared to 1 article on an average week.Search Interest5 people have searched for MRAM on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows4 people have added Everspin Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $693,368.00 in company stock.Percentage Held by InsidersOnly 5.00% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Everspin Technologies is 18.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Everspin Technologies is 18.86, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 38.45.Price to Book Value per Share RatioEverspin Technologies has a P/B Ratio of 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> 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 HeadlinesMarch 22, 2024 | insidertrades.comInsider Selling: Everspin Technologies, Inc. (NASDAQ:MRAM) VP Sells 1,560 Shares of StockMarch 16, 2024 | insidertrades.comEverspin Technologies, Inc. (NASDAQ:MRAM) VP Sells $40,150.00 in StockMarch 29, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 14, 2024 | insidertrades.comInsider Selling: Everspin Technologies, Inc. (NASDAQ:MRAM) Director Sells 7,856 Shares of StockMarch 28, 2024 | uk.finance.yahoo.comNext Generation Memory Market Projected to Reach USD 24.76 Billion by 2029March 26, 2024 | finance.yahoo.com13 Best Affordable Tech Stocks To Buy According to AnalystsMarch 22, 2024 | wsj.comEverspin Technologies Inc.March 22, 2024 | finance.yahoo.comWhy Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth WatchingMarch 29, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 15, 2024 | uk.investing.comEverspin Technologies appoints semiconductor veteran to boardMarch 11, 2024 | businesswire.comEverspin Technologies Submits Application for U.S. CHIPS and Science Act FundingMarch 7, 2024 | benzinga.comAnuj Aggarwal Implements A Sell Strategy: Offloads $164K In Everspin Technologies StockMarch 7, 2024 | finance.yahoo.comInsider Sell: CFO Anuj Aggarwal Sells 20,000 Shares of Everspin Technologies Inc (MRAM)February 29, 2024 | finance.yahoo.comEverspin Technologies, Inc. (NASDAQ:MRAM) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comQ4 2023 Everspin Technologies Inc Earnings CallFebruary 28, 2024 | benzinga.comEverspin Technologies: Q4 Earnings InsightsFebruary 28, 2024 | finance.yahoo.comEverspin Technologies Inc (MRAM) Achieves Record Annual Revenue and Profitability in 2023February 28, 2024 | businesswire.comEverspin Reports Unaudited Fourth Quarter and Full Year 2023 Financial ResultsFebruary 26, 2024 | businesswire.comEverspin Technologies to Present at the Baird Virtual Vehicle Technology & Mobility ConferenceFebruary 17, 2024 | finance.yahoo.comEverspin Technologies (NASDAQ:MRAM) Shareholders Will Want The ROCE Trajectory To ContinueFebruary 14, 2024 | finance.yahoo.comEverspin Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference CallFebruary 14, 2024 | businesswire.comEverspin Announces Date of Fourth Quarter and Full Year 2023 Financial Results Conference CallFebruary 11, 2024 | finance.yahoo.comEverspin Technologies, Inc. (MRAM)January 16, 2024 | seekingalpha.comEverspin Technologies: Hanging On A CliffJanuary 15, 2024 | seekingalpha.comEverspin Technologies: Fair Price Point With An Exciting Market OpportunityJanuary 10, 2024 | finance.yahoo.comEverspin Technologies Announces Participation in 26th Annual Needham Growth ConferenceJanuary 9, 2024 | finance.yahoo.comEverspin Technologies to Ring NASDAQ Closing Bell on January 18thSee 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 Earnings2/28/2024Today3/28/2024Next Earnings (Estimated)5/01/2024Fiscal 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$12.00 High Stock Price Target$12.00 Low Stock Price Target$12.00 Potential Upside/Downside+51.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.42 Trailing P/E Ratio18.86 Forward P/E RatioN/A P/E GrowthN/ANet Income$9.05 million Net Margins14.20% Pretax Margin14.17% Return on Equity18.96% Return on Assets15.09% Debt Debt-to-Equity RatioN/A Current Ratio6.59 Quick Ratio5.64 Sales & Book Value Annual Sales$63.76 million Price / Sales2.64 Cash Flow$0.49 per share Price / Cash Flow16.30 Book Value$2.57 per share Price / Book3.08Miscellaneous Outstanding Shares21,230,000Free Float20,164,000Market Cap$168.14 million OptionableOptionable Beta0.99 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesDr. Sanjeev Aggarwal Ph.D. (Age 57)President, CEO & Director Comp: $961.87kMr. Anuj Aggarwal (Age 44)Chief Financial Officer Comp: $637.73kMr. Amit ShahVice President of OperationsMr. Kerry NagelVice President of TechnologyMr. David Schrenk (Age 48)Vice President of Sales & Business Development Ms. Aparna OkaCorporate ControllerMore ExecutivesKey CompetitorsGeospace TechnologiesNASDAQ:GEOSLi-CycleNYSE:LICYWM TechnologyNASDAQ:MAPSRekor SystemsNASDAQ:REKRInnodataNASDAQ:INODView All CompetitorsInsiders & InstitutionsSanjeev AggarwalSold 519 sharesTotal: $4,162.38 ($8.02/share)David SchrenkSold 222 sharesTotal: $1,780.44 ($8.02/share)Quadrature Capital LtdBought 6,609 shares on 3/25/2024Ownership: 0.178%David SchrenkSold 1,560 sharesTotal: $12,292.80 ($7.88/share)David SchrenkSold 1,206 sharesTotal: $9,623.88 ($7.98/share)View All Insider TransactionsView All Institutional Transactions MRAM Stock Analysis - Frequently Asked Questions Should I buy or sell Everspin Technologies stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everspin Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MRAM shares. View MRAM analyst ratings or view top-rated stocks. What is Everspin Technologies' stock price target for 2024? 1 Wall Street analysts have issued 12 month price targets for Everspin Technologies' stock. Their MRAM share price targets range from $12.00 to $12.00. On average, they predict the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 51.5% from the stock's current price. View analysts price targets for MRAM or view top-rated stocks among Wall Street analysts. How have MRAM shares performed in 2024? Everspin Technologies' stock was trading at $9.04 on January 1st, 2024. Since then, MRAM stock has decreased by 12.4% and is now trading at $7.92. View the best growth stocks for 2024 here. Are investors shorting Everspin Technologies? Everspin Technologies saw a increase in short interest in March. As of March 15th, there was short interest totaling 91,300 shares, an increase of 48.9% from the February 29th total of 61,300 shares. Based on an average daily volume of 99,300 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the shares of the stock are sold short. View Everspin Technologies' Short Interest. When is Everspin Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our MRAM earnings forecast. How were Everspin Technologies' earnings last quarter? Everspin Technologies, Inc. (NASDAQ:MRAM) posted its quarterly earnings data on Wednesday, February, 28th. The business services provider reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The business services provider earned $16.71 million during the quarter. Everspin Technologies had a net margin of 14.20% and a trailing twelve-month return on equity of 18.96%. What guidance has Everspin Technologies issued on next quarter's earnings? Everspin Technologies updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of 0.000-0.050 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $13.5 million-$14.5 million, compared to the consensus revenue estimate of $15.6 million. 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. What other stocks do shareholders of Everspin Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Everspin Technologies investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Block (SQ), Editas Medicine (EDIT), Freeport-McMoRan (FCX), CRISPR Therapeutics (CRSP), Akoustis Technologies (AKTS), Lumentum (LITE) and Plug Power (PLUG). 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 $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? Everspin Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.59%), Vanguard Group Inc. (3.55%), Royal Bank of Canada (1.94%), Dimensional Fund Advisors LP (1.59%), Hillsdale Investment Management Inc. (1.06%) and UBS Group AG (0.52%). Insiders that own company stock include Anuj Aggarwal, Aparna Oka, Darin G Billerbeck, David Schrenk, Geoffrey G Ribar, Michael B Gustafson, Sanjeev Aggarwal, Stephen Socolof and Troy Winslow. 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. This page (NASDAQ:MRAM) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the MarketsBill Gates is all about this tiny $2 stockTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Everspin Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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