Everspin 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: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?
Some companies that are related to Everspin Tech include Crawford & Company (CRD.B), The Hackett Group (HCKT), National CineMedia (NCMI), Kforce (KFRC), Cross Country Healthcare (CCRN), NV5 Global (NVEE), Barrett Business Services (BBSI), Resources Connection (RECN), Vectrus (VEC), Heidrick & Struggles International (HSII), CRA International,Inc. (CRAI), Hill International (HIL), Franklin Covey Company (FC), Aqua Metals (AQMS), EnerNOC (ENOC), Collectors Universe (CLCT), Liquidity Services (LQDT) and StarTek (SRT).
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)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.
Earnings History for Everspin Tech (NASDAQ:MRAM)Earnings History by Quarter for Everspin Tech (NASDAQ MRAM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/12/2017 | Q1 2017 | ($0.51) | ($0.49) | $7.40 million | $7.88 million | View | N/A |  |
| 3/10/2017 | Y 2016 | ($0.31) | ($0.48) | $7.50 million | $7.10 million | View | Listen | |
| 11/14/2016 | Q316 | ($0.42) | ($0.54) | $7.08 million | $7.10 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Everspin Tech (NASDAQ:MRAM)Current Year EPS Consensus Estimate: $-1.35 EPS
Next Year EPS Consensus Estimate: $0.53 EPS
Dividend History for Everspin Tech (NASDAQ:MRAM)
No dividend announcements for this company have been tracked by MarketBeat.com
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 10/13/2016 | Nvpg Iv, Llc | Major Shareholder | Buy | 250,000 | $8.00 | $2,000,000.00 | |
| 10/13/2016 | Peter Hebert | Director | Buy | 137,420 | $8.00 | $1,099,360.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Everspin Tech (NASDAQ:MRAM)
Latest Headlines for Everspin Tech (NASDAQ:MRAM)
| Source: |
|
| Date | Headline |
|---|
 | Everspin 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 |
 | Financial Analysis: Adesto Technologies Corporation (IOTS) vs. Everspin Tech (MRAM)
www.americanbankingnews.com - July 25 at 12:28 AM |
| Head to Head Analysis: Everspin Tech (MRAM) and Smart Global Holdings (SGH)
www.americanbankingnews.com - July 24 at 11:22 AM |
| Analysts Expect Everspin Tech (NASDAQ:MRAM) to Announce ($0.38) Earnings Per Share
www.americanbankingnews.com - July 24 at 9:56 AM |
 | Why Everspin Technologies, Inc. Stock Has Soared 150% Since May 20
www.fool.com - July 19 at 8:18 PM |
| EVERSPIN TECH (NASDAQ:MRAM) and Smart Global Holdings (SGH) Critical Review
www.americanbankingnews.com - July 17 at 9:55 AM |
| Just Another Non-Manic Market Monday
finance.yahoo.com - July 11 at 2:25 AM |
| Zacks: Brokerages Expect EVERSPIN TECH (MRAM) Will Post Quarterly Sales of $8.75 Million
www.americanbankingnews.com - July 9 at 10:00 AM |
| Brokerages Expect Everspin Tech (MRAM) to Post -$0.38 EPS
www.americanbankingnews.com - July 7 at 12:02 PM |
| ETFs with exposure to Everspin Technologies, Inc. : July 6, 2017
finance.yahoo.com - July 7 at 7:33 AM |
| Zacks: Everspin Tech (MRAM) Given $13.75 Average Target Price by Analysts
www.americanbankingnews.com - July 5 at 11:48 AM |
| ETFs with exposure to Everspin Technologies, Inc. : June 23, 2017
finance.yahoo.com - June 23 at 7:06 PM |
| Pattern Continues of Listless Day Following a Strong One
finance.yahoo.com - June 20 at 7:41 PM |
| Zacks: Everspin Tech (MRAM) Given $13.75 Average Price Target by Analysts
www.americanbankingnews.com - June 16 at 10:46 PM |
| Brokerages Expect EVERSPIN TECH (MRAM) Will Post Quarterly Sales of $8.75 Million
www.americanbankingnews.com - June 15 at 11:56 AM |
| ETFs with exposure to Everspin Technologies, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 6:47 PM |
| Everspin Tech (MRAM) Expected to Announce Earnings of -$0.38 Per Share
www.americanbankingnews.com - June 13 at 8:20 AM |
| Everspin Tech (MRAM) Receives Buy Rating from Needham & Company LLC
www.americanbankingnews.com - June 12 at 9:02 AM |
| Everspin Technologies Inc (MRAM) Short Interest Down 1.6% in May
www.americanbankingnews.com - June 5 at 8:40 AM |
| Everspin Technologies Inc (MRAM) PT Raised to $19.00 at Stifel Nicolaus
www.americanbankingnews.com - June 5 at 8:10 AM |
| ETFs with exposure to Everspin Technologies, Inc. : June 2, 2017
finance.yahoo.com - June 2 at 8:02 PM |
| Everspin (MRAM) Catches Eye: Stock Jumps 11.9% in Session
finance.yahoo.com - May 31 at 6:59 PM |
| Everspin Technologies Inc (MRAM) Given $11.75 Average Price Target by Brokerages
www.americanbankingnews.com - May 30 at 10:50 PM |
| Everspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q1, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 6:06 PM |
| ETFs with exposure to Everspin Technologies, Inc. : May 23, 2017
finance.yahoo.com - May 23 at 6:09 PM |
| Everspin to participate in two investor conferences in June
finance.yahoo.com - May 22 at 10:04 AM |
| Zacks: Analysts Expect Everspin Technologies Inc (MRAM) Will Announce Quarterly Sales of $8.75 Million
www.americanbankingnews.com - May 21 at 10:32 AM |
| [$$] Impinj and Everspin Could Be the Next Big Thing
finance.yahoo.com - May 20 at 8:36 AM |
| Everspin Technologies Inc (MRAM) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 19 at 12:08 AM |
 | Magneto Resistive RAM (MRAM) Market Worth $4.80 Billion by 2025: Grand View Research, Inc.
www.marketwatch.com - May 15 at 5:59 PM |
| Everspin Technologies Inc (MRAM) Announces Earnings Results
www.americanbankingnews.com - May 15 at 11:00 AM |
| Brokerages Anticipate Everspin Technologies Inc (MRAM) to Announce ($0.48) EPS
www.americanbankingnews.com - May 12 at 10:40 PM |
 | Everspin Technologies misses by $0.01, beats on revenue
seekingalpha.com - May 12 at 7:15 PM |
| Everspin Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 12 at 6:40 AM |
| Everspin Names Annie Flaig Senior Vice President of Worldwide Sales
finance.yahoo.com - May 4 at 11:34 AM |
| Everspin to Announce First Quarter Results on May 12
finance.yahoo.com - April 27 at 7:12 PM |
| Brokerages Set $11.75 Target Price for Everspin Technologies Inc (MRAM)
www.americanbankingnews.com - April 26 at 3:46 PM |
| Everspin Technologies Inc (MRAM) Rating Reiterated by Needham & Company LLC
www.americanbankingnews.com - April 17 at 2:18 PM |
| Everspin Technologies Inc (MRAM) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 14 at 7:40 AM |
| Everspin Technologies Inc (MRAM) Given $11.75 Consensus Target Price by Analysts
www.americanbankingnews.com - April 11 at 12:42 AM |
| Everspin Technologies Inc (MRAM) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 7 at 8:18 PM |
| Edited Transcript of MRAM earnings conference call or presentation 10-Mar-17 1:00pm GMT
finance.yahoo.com - April 7 at 11:16 AM |
| ETFs with exposure to Everspin Technologies, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:16 AM |
| Everspin Technologies Inc's (MRAM) Lock-Up Period Set To Expire on April 5th
www.americanbankingnews.com - April 2 at 7:01 AM |
| Everspin Technologies Inc (MRAM) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 31 at 5:04 PM |
| Kevin Conley and Mike Gustafson Join Everspin Board of Directors
finance.yahoo.com - March 29 at 9:42 AM |
| EVERSPIN 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 |
 | Moore's Law's Over: Don't Buy Intel, Qualcomm Or Western Digital
us.rd.yahoo.com - March 27 at 10:18 AM |
| Analysts Expect Everspin Technologies Inc (MRAM) to Announce ($0.49) Earnings Per Share
www.americanbankingnews.com - March 24 at 12:44 PM |
| Everspin Technologies Inc (MRAM) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - March 23 at 11:58 PM |
Everspin Tech (MRAM) Chart for Thursday, July, 27, 2017
