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NASDAQ:MRAMEverspin Technologies Stock Price, Forecast & News

$6.83
-0.06 (-0.87 %)
(As of 07/6/2020 04:00 PM ET)
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Today's Range
$6.81
Now: $6.83
$7.20
50-Day Range
$5.55
MA: $6.54
$7.57
52-Week Range
$1.75
Now: $6.83
$7.83
Volume106,200 shs
Average Volume195,816 shs
Market Capitalization$127.52 million
P/E RatioN/A
Dividend YieldN/A
Beta2.63
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. It serves customers 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.20 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$37.50 million
Book Value$1.05 per share

Profitability

Net Income$-14,670,000.00

Miscellaneous

Employees95
Market Cap$127.52 million
Next Earnings Date8/5/2020 (Estimated)
OptionableNot Optionable

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Everspin Technologies (NASDAQ:MRAM) Frequently Asked Questions

How has Everspin Technologies' stock been impacted by COVID-19 (Coronavirus)?

Everspin Technologies' stock was trading at $2.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRAM stock has increased by 203.6% and is now trading at $6.83. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Everspin Technologies' next earnings date?

Everspin Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Everspin Technologies.

How were Everspin Technologies' earnings last quarter?

Everspin Technologies Inc (NASDAQ:MRAM) announced its quarterly earnings data on Thursday, May, 7th. The business services provider reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.02. The business services provider had revenue of $10.11 million for the quarter. Everspin Technologies had a negative return on equity of 17.36% and a negative net margin of 12.82%. View Everspin Technologies' earnings history.

What guidance has Everspin Technologies issued on next quarter's earnings?

Everspin Technologies issued an update on its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of -0.06-0.00 for the period, compared to the Thomson Reuters consensus estimate of $-0.07. The company issued revenue guidance of $11.5-12.5 million, compared to the consensus revenue estimate of $10.26 million.

What price target have analysts set for MRAM?

1 Wall Street analysts have issued twelve-month target prices for Everspin Technologies' shares. Their forecasts range from $10.00 to $10.00. On average, they expect Everspin Technologies' stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 46.4% from the stock's current price. View analysts' price targets for Everspin Technologies.

Has Everspin Technologies been receiving favorable news coverage?

News coverage about MRAM stock has been trending negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Everspin Technologies earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Everspin Technologies.

Are investors shorting Everspin Technologies?

Everspin Technologies saw a drop in short interest in June. As of June 30th, there was short interest totaling 179,200 shares, a drop of 33.1% from the June 15th total of 267,900 shares. Based on an average daily volume of 557,800 shares, the short-interest ratio is presently 0.3 days. Approximately 1.3% of the shares of the stock are short sold. 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 NVIDIA (NVDA), Micron Technology (MU), Editas Medicine (EDIT), Freeport-McMoRan (FCX), Square (SQ), Advanced Micro Devices (AMD), Splunk (SPLK), Crispr Therapeutics (CRSP), Plug Power (PLUG) and Arista Networks (ANET).

Who are Everspin Technologies' key executives?

Everspin Technologies' management team includes the following 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 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.

What is Everspin Technologies' stock symbol?

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

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 $6.83.

How big of a company is Everspin Technologies?

Everspin Technologies has a market capitalization of $127.52 million and generates $37.50 million in revenue each year. The business services provider earns $-14,670,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis. Everspin Technologies employs 95 workers across the globe.

What is Everspin Technologies' official website?

The official website for Everspin Technologies is 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.

This page was last updated on 7/7/2020 by MarketBeat.com Staff

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