Everspin Tech Company Profile (NASDAQ:MRAM)

About Everspin Tech (NASDAQ:MRAM)

Everspin Tech logoEverspin Technologies, Inc. is a United States-based provider of magnetoresistive random-access memory (MRAM) solutions. The Company is engaged in designing, manufacturing and shipping discrete and embedded MRAM and spin-torque MRAM (ST-MRAM) into markets and applications. The Company's products include 8-bit/16-bit Parallel Interface MRAM, Serial Peripheral Interface (SPI), Quad SPI and Double Data Rate (DDR) 3 dynamic random-access memory (DRAM) Compatible MRAM - Spin Torque Technology. The Company's MR10Q010 Quad SPI MRAM is a memory solution for applications that store and retrieve data and programs. Its DDR3 DRAM Compatible MRAM - Spin Torque Technology is designed to comply with all DDR3 DRAM features, such as on-device termination (ODT) and internal ZQ calibration. Its family of both parallel asynchronous input/output (I/O) and serial peripheral interface (SPI) products in densities ranging from 256 kilobyte (Kb) to 16 megabyte (Mb) is available in die form.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Memory Chips (RAM)
  • Sub-Industry: N/A
  • Symbol: NASDAQ:MRAM
  • CUSIP: N/A
  • Web: www.everspin.com
Capitalization:
  • Market Cap: $260.69 million
  • Outstanding Shares: 12,510,000
Average Prices:
  • 50 Day Moving Avg: $20.72
  • 200 Day Moving Avg: $12.16
  • 52 Week Range: $6.15 - $25.39
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 39.32
  • P/E Growth: -1.02
Sales & Book Value:
  • Annual Revenue: $28.77 million
  • Price / Sales: 9.06
  • Book Value: $1.72 per share
  • Price / Book: 12.12
Profitability:
  • EBIDTA: ($16,520,000.00)
Debt:
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 2.74%
  • Quick Ratio: 2.28%
Misc:
  • Average Volume: 240,090 shs.
  • Short Ratio: 1.07
 
Frequently Asked Questions for Everspin Tech (NASDAQ:MRAM)

What is Everspin Tech's stock symbol?

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

How were Everspin Tech's earnings last quarter?

Everspin Tech (NASDAQ:MRAM) posted its earnings results on Friday, May, 12th. The company reported ($0.49) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.51) by $0.02. The firm earned $7.88 million during the quarter, compared to the consensus estimate of $7.40 million. View Everspin Tech's Earnings History.

Where is Everspin Tech's stock going? Where will Everspin Tech's stock price be in 2017?

4 analysts have issued 1-year price objectives for Everspin Tech's shares. Their forecasts range from $12.00 to $19.00. On average, they expect Everspin Tech's share price to reach $14.25 in the next twelve months. View Analyst Ratings for Everspin Tech.

What are analysts saying about Everspin Tech stock?

Here are some recent quotes from research analysts about Everspin Tech stock:

  • 1. Needham & Company LLC analysts commented, "On June 6 we hosted Pat Patla, Senior Vice President of Marketing at Everspin." (6/12/2017)
  • 2. 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. " (5/17/2017)

Who are some of Everspin Tech's key competitors?

Who are Everspin Tech's key executives?

Everspin Tech's management team includes the folowing people:

  • Phillip LoPresti, President, Chief Executive Officer, Director
  • Jeffrey G. Winzeler, Chief Financial Officer
  • Annie Flaig, Senior Vice President - Worldwide Sales
  • Patrick Patla, Senior Vice President - Marketing
  • Angelo Ugge, Vice President - Operations and Business Development
  • Sanjeev Aggarwal Ph.D., Vice President - Manufacturing and Process Development
  • Thomas Andre, Vice President - Design Engineering
  • Terry Hulett, Vice President - Storage Solutions
  • Bryan Kang, Vice President - MRAM Technology and Product Development
  • Jon Slaughter Ph.D., Vice President - Technology Research and Development

When did Everspin Tech IPO?

(MRAM) raised $46 million in an 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.

How do I buy Everspin Tech stock?

Shares of Everspin Tech can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Everspin Tech's stock price today?

One share of Everspin Tech stock can currently be purchased for approximately $20.84.


MarketBeat Community Rating for Everspin Tech (NASDAQ MRAM)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  39 (Vote Outperform)
Underperform Votes:  34 (Vote Underperform)
Total Votes:  73
MarketBeat's community ratings are surveys of what our community members think about Everspin Tech and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Everspin Tech (NASDAQ:MRAM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.25 (31.62% downside)

Analysts' Ratings History for Everspin Tech (NASDAQ:MRAM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/12/2017Needham & Company LLCReiterated RatingBuy$12.00LowView Rating Details
6/5/2017Stifel NicolausBoost Price TargetBuy -> Buy$11.00 -> $19.00HighView Rating Details
3/13/2017Canaccord GenuityReiterated RatingBuy$12.00MediumView Rating Details
11/2/2016Craig HallumInitiated CoverageBuy$14.00N/AView Rating Details
(Data available from 7/27/2015 forward)

Earnings

Earnings History for Everspin Tech (NASDAQ:MRAM)
Earnings by Quarter for Everspin Tech (NASDAQ:MRAM)
Earnings History by Quarter for Everspin Tech (NASDAQ MRAM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/12/2017Q1 2017($0.51)($0.49)$7.40 million$7.88 millionViewN/AView Earnings Details
3/10/2017Y 2016($0.31)($0.48)$7.50 million$7.10 millionViewListenView Earnings Details
11/14/2016Q316($0.42)($0.54)$7.08 million$7.10 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Everspin Tech (NASDAQ:MRAM)
Current Year EPS Consensus Estimate: $-1.35 EPS
Next Year EPS Consensus Estimate: $0.53 EPS

Dividends

Dividend History for Everspin Tech (NASDAQ:MRAM)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Everspin Tech (NASDAQ:MRAM)
Institutional Ownership Percentage: 41.07%
Insider Trades by Quarter for Everspin Tech (NASDAQ:MRAM)
Institutional Ownership by Quarter for Everspin Tech (NASDAQ:MRAM)
Insider Trades by Quarter for Everspin Tech (NASDAQ:MRAM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/13/2016Nvpg Iv, LlcMajor ShareholderBuy250,000$8.00$2,000,000.00View SEC Filing  
10/13/2016Peter HebertDirectorBuy137,420$8.00$1,099,360.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Everspin Tech (NASDAQ:MRAM)
Latest Headlines for Everspin Tech (NASDAQ:MRAM)
Source:
DateHeadline
finance.yahoo.com logoEverspin to Announce Second Quarter 2017 Financial Results and Participate in the 37th Annual Canaccord Genuity Growth Conference on August 10, 2017
finance.yahoo.com - July 26 at 12:57 AM
americanbankingnews.com logoFinancial Analysis: Adesto Technologies Corporation (IOTS) vs. Everspin Tech (MRAM)
www.americanbankingnews.com - July 25 at 12:28 AM
americanbankingnews.com logoHead to Head Analysis: Everspin Tech (MRAM) and Smart Global Holdings (SGH)
www.americanbankingnews.com - July 24 at 11:22 AM
americanbankingnews.com logoAnalysts Expect Everspin Tech (NASDAQ:MRAM) to Announce ($0.38) Earnings Per Share
www.americanbankingnews.com - July 24 at 9:56 AM
fool.com logoWhy Everspin Technologies, Inc. Stock Has Soared 150% Since May 20
www.fool.com - July 19 at 8:18 PM
americanbankingnews.com logoEVERSPIN TECH (NASDAQ:MRAM) and Smart Global Holdings (SGH) Critical Review
www.americanbankingnews.com - July 17 at 9:55 AM
finance.yahoo.com logoJust Another Non-Manic Market Monday
finance.yahoo.com - July 11 at 2:25 AM
americanbankingnews.com logoZacks: Brokerages Expect EVERSPIN TECH (MRAM) Will Post Quarterly Sales of $8.75 Million
www.americanbankingnews.com - July 9 at 10:00 AM
americanbankingnews.com logo Brokerages Expect Everspin Tech (MRAM) to Post -$0.38 EPS
www.americanbankingnews.com - July 7 at 12:02 PM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : July 6, 2017
finance.yahoo.com - July 7 at 7:33 AM
americanbankingnews.com logoZacks: Everspin Tech (MRAM) Given $13.75 Average Target Price by Analysts
www.americanbankingnews.com - July 5 at 11:48 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : June 23, 2017
finance.yahoo.com - June 23 at 7:06 PM
finance.yahoo.com logoPattern Continues of Listless Day Following a Strong One
finance.yahoo.com - June 20 at 7:41 PM
americanbankingnews.com logoZacks: Everspin Tech (MRAM) Given $13.75 Average Price Target by Analysts
www.americanbankingnews.com - June 16 at 10:46 PM
americanbankingnews.com logo Brokerages Expect EVERSPIN TECH (MRAM) Will Post Quarterly Sales of $8.75 Million
www.americanbankingnews.com - June 15 at 11:56 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 6:47 PM
americanbankingnews.com logoEverspin Tech (MRAM) Expected to Announce Earnings of -$0.38 Per Share
www.americanbankingnews.com - June 13 at 8:20 AM
americanbankingnews.com logoEverspin Tech (MRAM) Receives Buy Rating from Needham & Company LLC
www.americanbankingnews.com - June 12 at 9:02 AM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Short Interest Down 1.6% in May
www.americanbankingnews.com - June 5 at 8:40 AM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) PT Raised to $19.00 at Stifel Nicolaus
www.americanbankingnews.com - June 5 at 8:10 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : June 2, 2017
finance.yahoo.com - June 2 at 8:02 PM
finance.yahoo.com logoEverspin (MRAM) Catches Eye: Stock Jumps 11.9% in Session
finance.yahoo.com - May 31 at 6:59 PM
americanbankingnews.com logo Everspin Technologies Inc (MRAM) Given $11.75 Average Price Target by Brokerages
www.americanbankingnews.com - May 30 at 10:50 PM
finance.yahoo.com logoEverspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 6:06 PM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 6:09 PM
finance.yahoo.com logoEverspin to participate in two investor conferences in June
finance.yahoo.com - May 22 at 10:04 AM
americanbankingnews.com logoZacks: Analysts Expect Everspin Technologies Inc (MRAM) Will Announce Quarterly Sales of $8.75 Million
www.americanbankingnews.com - May 21 at 10:32 AM
finance.yahoo.com logo[$$] Impinj and Everspin Could Be the Next Big Thing
finance.yahoo.com - May 20 at 8:36 AM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 19 at 12:08 AM
marketwatch.com logoMagneto Resistive RAM (MRAM) Market Worth $4.80 Billion by 2025: Grand View Research, Inc.
www.marketwatch.com - May 15 at 5:59 PM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Announces Earnings Results
www.americanbankingnews.com - May 15 at 11:00 AM
americanbankingnews.com logoBrokerages Anticipate Everspin Technologies Inc (MRAM) to Announce ($0.48) EPS
www.americanbankingnews.com - May 12 at 10:40 PM
seekingalpha.com logoEverspin Technologies misses by $0.01, beats on revenue
seekingalpha.com - May 12 at 7:15 PM
finance.yahoo.com logoEverspin Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 12 at 6:40 AM
finance.yahoo.com logoEverspin Names Annie Flaig Senior Vice President of Worldwide Sales
finance.yahoo.com - May 4 at 11:34 AM
finance.yahoo.com logoEverspin to Announce First Quarter Results on May 12
finance.yahoo.com - April 27 at 7:12 PM
americanbankingnews.com logo Brokerages Set $11.75 Target Price for Everspin Technologies Inc (MRAM)
www.americanbankingnews.com - April 26 at 3:46 PM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Rating Reiterated by Needham & Company LLC
www.americanbankingnews.com - April 17 at 2:18 PM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 7:40 AM
americanbankingnews.com logo Everspin Technologies Inc (MRAM) Given $11.75 Consensus Target Price by Analysts
www.americanbankingnews.com - April 11 at 12:42 AM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 7 at 8:18 PM
finance.yahoo.com logoEdited Transcript of MRAM earnings conference call or presentation 10-Mar-17 1:00pm GMT
finance.yahoo.com - April 7 at 11:16 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:16 AM
americanbankingnews.com logoEverspin Technologies Inc's (MRAM) Lock-Up Period Set To Expire on April 5th
www.americanbankingnews.com - April 2 at 7:01 AM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 31 at 5:04 PM
finance.yahoo.com logoKevin Conley and Mike Gustafson Join Everspin Board of Directors
finance.yahoo.com - March 29 at 9:42 AM
biz.yahoo.com logoEVERSPIN TECHNOLOGIES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Ex
biz.yahoo.com - March 28 at 6:25 PM
us.rd.yahoo.com logoMoore's Law's Over: Don't Buy Intel, Qualcomm Or Western Digital
us.rd.yahoo.com - March 27 at 10:18 AM
americanbankingnews.com logoAnalysts Expect Everspin Technologies Inc (MRAM) to Announce ($0.49) Earnings Per Share
www.americanbankingnews.com - March 24 at 12:44 PM
americanbankingnews.com logoEverspin Technologies Inc (MRAM) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - March 23 at 11:58 PM

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Everspin Tech (MRAM) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff