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Everspin Technologies Stock Price, Forecast & Analysis (NASDAQ:MRAM)

$5.12
-0.02 (-0.39 %)
(As of 11/22/2019 06:09 AM ET)
Today's Range
$5.01
Now: $5.12
$5.20
50-Day Range
$5.04
MA: $5.58
$6.03
52-Week Range
$4.94
Now: $5.12
$9.83
Volume42,800 shs
Average Volume45,410 shs
Market Capitalization$89.96 million
P/E RatioN/A
Dividend YieldN/A
Beta2.16
Everspin Technologies, Inc manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States, Japan, China, Germany, Singapore, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and embedded MRAM products, as well as magnetic sensors and aerospace and satellite electronic systems. The company provides its products for applications, including data center, industrial, automotive, transportation, and enterprise storage markets. Read More…

Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:MRAM
CUSIPN/A
Phone480-347-1111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$49.42 million
Book Value$1.03 per share

Profitability

Net Income$-17,750,000.00

Miscellaneous

Employees95
Market Cap$89.96 million
Next Earnings Date3/12/2020 (Estimated)
OptionableNot Optionable

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Everspin Technologies (NASDAQ:MRAM) Frequently Asked Questions

What is Everspin Technologies' stock symbol?

Everspin Technologies trades on the NASDAQ under the ticker symbol "MRAM."

How were Everspin Technologies' earnings last quarter?

Everspin Technologies Inc (NASDAQ:MRAM) posted its quarterly earnings results on Thursday, November, 7th. The business services provider reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.19) by $0.02. The business services provider had revenue of $9.20 million for the quarter, compared to the consensus estimate of $8.75 million. Everspin Technologies had a negative return on equity of 37.34% and a negative net margin of 19.30%. Everspin Technologies's quarterly revenue was down 20.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.33) EPS. View Everspin Technologies' Earnings History.

When is Everspin Technologies' next earnings date?

Everspin Technologies is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Everspin Technologies.

What price target have analysts set for MRAM?

1 equities research analysts have issued twelve-month price objectives for Everspin Technologies' stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate Everspin Technologies' stock price to reach $14.00 in the next year. This suggests a possible upside of 173.4% from the stock's current price. View Analyst Price Targets for Everspin Technologies.

What is the consensus analysts' recommendation for Everspin Technologies?

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Everspin Technologies.

What are Wall Street analysts saying about Everspin Technologies stock?

Here are some recent quotes from research analysts about Everspin Technologies stock:
  • 1. According to Zacks Investment Research, "Everspin Technologies, Inc. is involved in designing, manufacturing and commercially shipping discrete and embedded Magnetoresistive RAM and Spin-Torque MRAM. It serves data center, cloud storage, energy, industrial, automotive and transportation markets. Everspin Technologies, Inc. is headquartered in Chandler, Arizona. " (7/18/2019)
  • 2. Needham & Company LLC analysts commented, "Everspin is up ~35% over the past two days on news that Intel was integrating embedded MRAM into its 22nm FinFET CMOS technology on full 300mm wafers. We don’t know if Intel is using the Everspin’s technology but Intel’s decision certainly validates the MRAM technology, which has been the crux of the investment theme. Everspin has a licensing agreement with Global Foundries to embedded MRAM on its 22nm FD-SOI technology. We believe the major MCU suppliers will eventually replace eFlash with MRAM targeting IoT and automotive applications as it has higher endurance and faster write cycles." (2/20/2019)

Has Everspin Technologies been receiving favorable news coverage?

News headlines about MRAM stock have been trending negative on Friday, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Everspin Technologies earned a coverage optimism score of -2.5 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Everspin Technologies.

Are investors shorting Everspin Technologies?

Everspin Technologies saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 458,900 shares, a decrease of 11.9% from the September 30th total of 520,800 shares. Based on an average daily trading volume, of 63,900 shares, the short-interest ratio is currently 7.2 days. Currently, 3.9% of the shares of the company are sold short. View Everspin Technologies' Current Options Chain.

Who are some of Everspin Technologies' key competitors?

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 Micron Technology (MU), NVIDIA (NVDA), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Himax Technologies (HIMX), Synergy Pharmaceuticals (SGYP), Square (SQ), Cara Therapeutics (CARA), Cisco Systems (CSCO) and Plug Power (PLUG).

Who are Everspin Technologies' key executives?

Everspin Technologies' management team includes the folowing people:
  • Mr. Kevin Conley, CEO, Pres & Director (Age 62)
  • Mr. Jeffrey G. Winzeler, CFO & Sec. (Age 59)
  • Mr. Angelo V. Ugge, VP of Bus. Devel. & Operations (Age 72)
  • Mr. Norman L. Armour, VP of Operations (Age 61)
  • Dr. Sanjeev Aggarwal, VP of Technology R&D (Age 52)

When did Everspin Technologies IPO?

(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?

Everspin Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (3.79%) and D.A. Davidson & CO. (0.38%). Company insiders that own Everspin Technologies stock include Jeffrey G Winzeler, Kevin Conley, Michael B Gustafson, Sanjeev Aggarwal and Thomas Andre. View Institutional Ownership Trends for Everspin Technologies.

Which institutional investors are buying Everspin Technologies stock?

MRAM stock was acquired by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB and D.A. Davidson & CO.. Company insiders that have bought Everspin Technologies stock in the last two years include Kevin Conley and Michael B Gustafson. View Insider Buying and Selling for Everspin Technologies.

How do I buy shares of Everspin Technologies?

Shares of MRAM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Everspin Technologies' stock price today?

One share of MRAM stock can currently be purchased for approximately $5.12.

How big of a company is Everspin Technologies?

Everspin Technologies has a market capitalization of $89.96 million and generates $49.42 million in revenue each year. The business services provider earns $-17,750,000.00 in net income (profit) each year or ($1.08) on an earnings per share basis. Everspin Technologies employs 95 workers across the globe.View Additional Information About Everspin Technologies.

What is Everspin Technologies' official website?

The official website for Everspin Technologies is http://www.everspin.com/.

How can I contact Everspin Technologies?

Everspin Technologies' mailing address is 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226. The business services provider can be reached via phone at 480-347-1111.


MarketBeat Community Rating for Everspin Technologies (NASDAQ MRAM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  451
MarketBeat's community ratings are surveys of what our community members think about Everspin Technologies and other stocks. Vote "Outperform" if you believe MRAM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRAM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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