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: $137.77 million
  • Outstanding Shares: 12,674,000
Average Prices:
  • 50 Day Moving Avg: $15.53
  • 200 Day Moving Avg: $15.53
  • 52 Week Range: $6.25 - $25.39
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -51.76
  • P/E Growth: -0.45
Sales & Book Value:
  • Annual Revenue: $31.03 million
  • Price / Sales: 4.44
  • Book Value: $1.42 per share
  • Price / Book: 7.65
Profitability:
  • EBITDA: ($16,180,000.00)
  • Net Margins: -57.99%
  • Return on Assets: -54.13%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 4.47%
  • Quick Ratio: 3.57%
Misc:
  • Average Volume: 199,700 shs.
  • Short Ratio: 2.17
 

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) announced its earnings results on Thursday, August, 10th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.38) by $0.02. The company earned $8.93 million during the quarter, compared to analyst estimates of $8.75 million. View Everspin Tech's Earnings History.

When will Everspin Tech make its next earnings announcement?

Everspin Tech is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Everspin Tech.

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

4 brokers have issued twelve-month price objectives for Everspin Tech's stock. Their predictions range from $14.00 to $24.00. On average, they anticipate Everspin Tech's share price to reach $18.50 in the next year. 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. 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. " (10/11/2017)
  • 2. Needham & Company LLC analysts commented, "On June 6 we hosted Pat Patla, Senior Vice President of Marketing at Everspin." (6/12/2017)

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:

  • Kevin Conley, 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 initial public offering 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 acted 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 $10.87.


MarketBeat Community Rating for Everspin Tech (NASDAQ MRAM)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  62 (Vote Underperform)
Total Votes:  133
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: $18.50 (70.19% upside)
Consensus Price Target History for Everspin Tech (NASDAQ:MRAM)
Price Target History for Everspin Tech (NASDAQ:MRAM)
Analysts' Ratings History for Everspin Tech (NASDAQ:MRAM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Stifel NicolausReiterated RatingBuy$18.00N/AView Rating Details
8/28/2017Needham & Company LLCReiterated RatingBuy$24.00LowView Rating Details
8/14/2017Canaccord GenuityReiterated RatingBuy$12.00 -> $18.00HighView Rating Details
11/2/2016Craig HallumInitiated CoverageBuy$14.00N/AView Rating Details
(Data available from 10/17/2015 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
11/13/2017($0.45)N/AView Earnings Details
8/10/2017Q2 2017($0.38)($0.40)$8.75 million$8.93 millionViewN/AView Earnings Details
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: $-1.73 EPS
Next Year EPS Consensus Estimate: $-0.21 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)
Insider Ownership Percentage: 32.80%
Institutional Ownership Percentage: 28.91%
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
americanbankingnews.com logoEVERSPIN TECH (MRAM) Stock Rating Reaffirmed by Stifel Nicolaus
www.americanbankingnews.com - October 15 at 10:08 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : October 13, 2017
finance.yahoo.com - October 14 at 5:10 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : October 2, 2017
finance.yahoo.com - October 2 at 11:40 AM
americanbankingnews.com logoEverspin Tech (MRAM) Expected to Post Quarterly Sales of $9.85 Million
www.americanbankingnews.com - September 26 at 1:36 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : September 19, 2017
finance.yahoo.com - September 20 at 6:32 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : September 9, 2017
finance.yahoo.com - September 9 at 6:23 AM
americanbankingnews.com logoEverspin Tech (MRAM) Expected to Post Earnings of -$0.39 Per Share
www.americanbankingnews.com - September 6 at 4:26 AM
finance.yahoo.com logoEverspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 6:02 AM
americanbankingnews.com logoNeedham & Company LLC Reiterates "Buy" Rating for Everspin Tech (MRAM)
www.americanbankingnews.com - August 28 at 4:26 PM
finance.yahoo.com logoEverspin Rising on New CEO: Risk, But Also Opportunity, Says Canaccord
finance.yahoo.com - August 25 at 8:45 AM
feeds.benzinga.com logoEverspin Appoints Semiconductor Storage Veteran Kevin Conley as CEO
feeds.benzinga.com - August 23 at 6:10 AM
americanbankingnews.com logo Brokerages Anticipate Everspin Tech (MRAM) Will Post Earnings of -$0.39 Per Share
www.americanbankingnews.com - August 18 at 4:18 PM
finance.yahoo.com logoMicron, Everspin: Memory Taking Prominence from Processors, Says Stifel
finance.yahoo.com - August 15 at 2:11 AM
finance.yahoo.com logoMicron, Everspin Stocks Surge on Bullish Trends Surrounding Memory Chips
finance.yahoo.com - August 15 at 2:11 AM
americanbankingnews.com logoEverspin Tech's (NASDAQ:MRAM) Buy Rating Reaffirmed at Stifel Nicolaus
www.americanbankingnews.com - August 11 at 8:42 PM
finance.yahoo.com logoEdited Transcript of MRAM earnings conference call or presentation 10-Aug-17 12:00pm GMT
finance.yahoo.com - August 10 at 8:27 PM
americanbankingnews.com logoEVERSPIN TECH (MRAM) Posts Quarterly Earnings Results, Misses Expectations By $0.04 EPS
www.americanbankingnews.com - August 10 at 7:46 PM
finance.yahoo.com logoEverspin Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 10 at 5:59 AM
americanbankingnews.com logoAnalysts Expect Everspin Tech (NASDAQ:MRAM) to Post ($0.38) Earnings Per Share
www.americanbankingnews.com - August 8 at 6:24 PM
americanbankingnews.com logoEverspin Tech (MRAM) versus Smart Global Holdings (SGH) Head to Head Comparison
www.americanbankingnews.com - August 8 at 12:33 PM
finance.yahoo.com logoEverspin Announces Sampling of the World’s First 1-Gigabit MRAM Product
finance.yahoo.com - August 7 at 8:07 PM
finance.yahoo.com logoEverspin Announces Production Release of 1 and 2 Gigabyte nvNITRO NVMe SSDs
finance.yahoo.com - August 7 at 8:07 PM
finance.yahoo.com logoEverspin Demonstrates Breakthrough Technologies at FMS 2017
finance.yahoo.com - August 7 at 8:07 PM
americanbankingnews.com logoEverspin Tech (MRAM) to Release Earnings on Thursday
www.americanbankingnews.com - August 3 at 7:16 AM
americanbankingnews.com logoCritical Analysis: Smart Global Holdings (SGH) versus Everspin Tech (MRAM)
www.americanbankingnews.com - August 2 at 12:28 PM
americanbankingnews.com logoEVERSPIN TECH (NASDAQ:MRAM) Expected to Announce Quarterly Sales of $8.75 Million
www.americanbankingnews.com - August 2 at 8:30 AM
finance.yahoo.com logoETFs with exposure to Everspin Technologies, Inc. : July 31, 2017
finance.yahoo.com - July 31 at 9:04 PM
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 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
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
seekingalpha.com logoEverspin Technologies misses by $0.01, beats on revenue
seekingalpha.com - May 12 at 7:15 PM
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
seekingalpha.com logoEverspin Technologies Could Fall On IPO Lockup Expiration
seekingalpha.com - March 22 at 6:43 PM
us.rd.yahoo.com logo6:11 am Everspin Technologies misses by $0.12; misses on revs
us.rd.yahoo.com - March 12 at 9:37 AM
biz.yahoo.com logoQ4 2016 Everspin Technologies Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 12 at 9:37 AM
baystreet.ca logoEverspin Technologies (MRAM) Plummets Looking Forward to Earnings
www.baystreet.ca - March 10 at 7:54 PM
globenewswire.com logoEverspin Announces Fourth Quarter and Fiscal Year 2016 Financial Results
globenewswire.com - March 10 at 9:43 AM
uk.finance.yahoo.com logoEverspin Showcases Applications and Customer Products That Have Adopted MRAM at Embedded World 2017
uk.finance.yahoo.com - March 9 at 8:37 AM
biz.yahoo.com logoEVERSPIN TECHNOLOGIES INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - December 21 at 7:30 PM
forbes.com logoMemories Of The Future
www.forbes.com - December 8 at 9:43 PM
biz.yahoo.com logoEVERSPIN TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 18 at 5:51 PM
streetinsider.com logoEverspin Technologies, Inc. (MRAM): Good First Quarter Out Of The Gate - Needham
www.streetinsider.com - November 16 at 9:55 AM

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Chart

Everspin Tech (MRAM) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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