Everspin Tech Stock Price, News & Analysis (NASDAQ:MRAM)

$7.69 0.26 (3.50 %)
(As of 12/11/2017 12:10 PM ET)
Previous Close$7.43
Today's Range$7.46 - $7.83
52-Week Range$6.63 - $25.39
Volume141,700 shs
Average Volume161,784 shs
Market Capitalization$98.18 million
P/E RatioN/A
Dividend YieldN/A
Beta0.65

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.

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Industry, Sector and Symbol

Industry Memory Chips (RAM)
Sub-IndustryN/A
SectorBusiness Services
SymbolNASDAQ:MRAM
CUSIPN/A
Phone480-347-1111

Debt

Debt-to-Equity Ratio0.74%
Current Ratio3.04%
Quick Ratio2.27%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$27.09 million
Price / Sales3.63
Cash FlowN/A
Price / CashN/A
Book Value$2.15 per share
Price / Book3.58

Profitability

Trailing EPS($1.82)
Net Income$-16,700,000.00
Net Margins-66.90%
Return on Equity-108.26%
Return on Assets-57.97%

Miscellaneous

Employees90
Outstanding Shares12,770,000

Everspin Tech (NASDAQ:MRAM) Frequently Asked Questions

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 quarterly earnings results on Monday, November, 13th. The business services provider reported ($0.43) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.02. The business services provider had revenue of $8.30 million for the quarter, compared to analysts' expectations of $9.90 million. Everspin Tech had a negative return on equity of 108.26% and a negative net margin of 66.90%. The business's quarterly revenue was up 31.7% on a year-over-year basis. 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 Friday, March, 9th 2018. View Earnings Estimates for Everspin Tech.

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

3 Wall Street analysts have issued 12 month price targets for Everspin Tech's shares. Their forecasts range from $15.00 to $18.00. On average, they expect Everspin Tech's stock price to reach $16.67 in the next year. View Analyst Ratings for Everspin Tech.

What are Wall Street 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. " (11/17/2017)
  • 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 (Age 51)
  • Jeffrey G. Winzeler, Chief Financial Officer (Age 57)
  • Annie Flaig, Senior Vice President - Worldwide Sales (Age 46)
  • Patrick Patla, Senior Vice President - Marketing (Age 53)
  • Angelo Ugge, Vice President - Operations and Business Development (Age 69)
  • Sanjeev Aggarwal Ph.D., Vice President - Manufacturing and Process Development (Age 49)
  • Thomas Andre, Vice President - Design Engineering (Age 48)
  • Terry Hulett, Vice President - Storage Solutions (Age 59)
  • Bryan Kang, Vice President - MRAM Technology and Product Development (Age 51)
  • Geoffrey R. Tate, Lead Independent Director (Age 62)

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 $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 owns Everspin Tech stock?

Everspin Tech's stock is owned by many different of institutional and retail investors. Top institutional investors include Bamco Inc. NY (1.91%), Mutual of America Capital Management LLC (1.58%), EAM Investors LLC (1.00%), B. Riley Financial Inc. (0.32%) and Granite Investment Partners LLC (0.26%). Company insiders that own Everspin Tech stock include Nvpg Iv, Llc and Peter Hebert. View Institutional Ownership Trends for Everspin Tech.

Who sold Everspin Tech stock? Who is selling Everspin Tech stock?

Everspin Tech's stock was sold by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. View Insider Buying and Selling for Everspin Tech.

Who bought Everspin Tech stock? Who is buying Everspin Tech stock?

Everspin Tech's stock was purchased by a variety of institutional investors in the last quarter, including EAM Investors LLC, Bamco Inc. NY, Granite Investment Partners LLC and B. Riley Financial Inc.. Company insiders that have bought Everspin Tech stock in the last two years include Nvpg Iv, Llc and Peter Hebert. View Insider Buying and Selling for Everspin Tech.

How do I buy Everspin Tech stock?

Shares of Everspin Tech 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, 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 $7.69.

How big of a company is Everspin Tech?

Everspin Tech has a market capitalization of $98.18 million and generates $27.09 million in revenue each year. The business services provider earns $-16,700,000.00 in net income (profit) each year or ($1.82) on an earnings per share basis. Everspin Tech employs 90 workers across the globe.

How can I contact Everspin Tech?

Everspin Tech's mailing address is 1347 N ALMA SCHOOL ROAD SUITE 220, CHANDLER AZ, 85224. The business services provider can be reached via phone at 480-347-1111.


MarketBeat Community Rating for Everspin Tech (MRAM)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  155
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

Everspin Tech (NASDAQ:MRAM) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.253.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
1 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $16.00$18.50$18.50$14.25
Price Target Upside: 109.15% upside46.83% upside21.95% upside21.79% downside

Everspin Tech (NASDAQ:MRAM) Consensus Price Target History

Price Target History for Everspin Tech (NASDAQ:MRAM)

Everspin Tech (NASDAQ:MRAM) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/17/2017Canaccord GenuityLower Price TargetBuy -> Buy$18.00 -> $15.00N/AView Rating Details
11/14/2017Needham & Company LLCLower Price TargetStrong-Buy -> Strong-Buy$24.00 -> $17.00N/AView Rating Details
10/12/2017Stifel NicolausReiterated RatingBuy$18.00N/AView Rating Details
11/2/2016Craig HallumInitiated CoverageBuy$14.00N/AView Rating Details
(Data available from 12/11/2015 forward)

Earnings

Everspin Tech (NASDAQ:MRAM) Earnings History and Estimates Chart

Earnings by Quarter for Everspin Tech (NASDAQ:MRAM)

Everspin Tech (NASDAQ MRAM) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/8/2018($0.37)N/AView Earnings Details
11/13/2017Q3 2017($0.45)($0.43)$9.90 million$8.30 millionViewN/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

Everspin Tech (NASDAQ:MRAM) Earnings Estimates

Current Year EPS Consensus Estimate: $-1.72 EPS
Next Year EPS Consensus Estimate: $-0.73 EPS

Dividends

Dividend History for Everspin Tech (NASDAQ:MRAM)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Everspin Tech (NASDAQ MRAM) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 32.80%
Institutional Ownership Percentage: 24.32%
Insider Trades by Quarter for Everspin Tech (NASDAQ:MRAM)
Insider Trades by Quarter for Everspin Tech (NASDAQ:MRAM)

Everspin Tech (NASDAQ MRAM) Insider Trades by Quarter

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

Everspin Tech (NASDAQ MRAM) News Headlines

Source:
DateHeadline
Everspin Tech (MRAM) Expected to Post Quarterly Sales of $10.10 MillionEverspin Tech (MRAM) Expected to Post Quarterly Sales of $10.10 Million
www.americanbankingnews.com - December 11 at 4:04 AM
 Analysts Anticipate Everspin Tech (MRAM) to Post -$0.37 Earnings Per Share Analysts Anticipate Everspin Tech (MRAM) to Post -$0.37 Earnings Per Share
www.americanbankingnews.com - December 9 at 9:08 PM
Everspin Tech (MRAM) versus Smart Global (SGH) Head to Head ContrastEverspin Tech (MRAM) versus Smart Global (SGH) Head to Head Contrast
www.americanbankingnews.com - December 8 at 7:42 PM
ETFs with exposure to Everspin Technologies, Inc. : December 8, 2017ETFs with exposure to Everspin Technologies, Inc. : December 8, 2017
finance.yahoo.com - December 8 at 4:45 PM
Everspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q3, 2017 By the Numbers : December 7, 2017Everspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q3, 2017 By the Numbers : December 7, 2017
finance.yahoo.com - December 7 at 10:23 AM
Financial Survey: Everspin Tech (MRAM) versus Smart Global (SGH)Financial Survey: Everspin Tech (MRAM) versus Smart Global (SGH)
www.americanbankingnews.com - December 6 at 9:10 PM
Smart Global (SGH) and Everspin Tech (MRAM) Financial ReviewSmart Global (SGH) and Everspin Tech (MRAM) Financial Review
www.americanbankingnews.com - December 6 at 5:36 AM
Zacks: Everspin Tech (MRAM) Receives Consensus Recommendation of "Strong Buy" from BrokeragesZacks: Everspin Tech (MRAM) Receives Consensus Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - December 4 at 9:30 PM
Brokerages Expect Everspin Tech (MRAM) to Post ($0.40) Earnings Per ShareBrokerages Expect Everspin Tech (MRAM) to Post ($0.40) Earnings Per Share
www.americanbankingnews.com - November 30 at 9:30 AM
Head-To-Head Comparison: Everspin Tech (MRAM) versus SMART Global (SGH)Head-To-Head Comparison: Everspin Tech (MRAM) versus SMART Global (SGH)
www.americanbankingnews.com - November 26 at 7:04 PM
 Brokerages Set $16.50 Target Price for Everspin Tech (MRAM) Brokerages Set $16.50 Target Price for Everspin Tech (MRAM)
www.americanbankingnews.com - November 26 at 9:34 AM
Everspin Tech (MRAM) Expected to Post Quarterly Sales of $10.50 MillionEverspin Tech (MRAM) Expected to Post Quarterly Sales of $10.50 Million
www.americanbankingnews.com - November 23 at 6:52 AM
 Analysts Anticipate Everspin Tech (MRAM) Will Announce Earnings of -$0.40 Per Share Analysts Anticipate Everspin Tech (MRAM) Will Announce Earnings of -$0.40 Per Share
www.americanbankingnews.com - November 21 at 9:26 PM
Analyzing SMART Global Holdings (SGH) & Everspin Tech (MRAM)Analyzing SMART Global Holdings (SGH) & Everspin Tech (MRAM)
www.americanbankingnews.com - November 21 at 5:24 PM
EVERSPIN TECH (MRAM) PT Lowered to $17.00EVERSPIN TECH (MRAM) PT Lowered to $17.00
www.americanbankingnews.com - November 19 at 4:20 PM
Everspin Tech (MRAM) Lifted to "Hold" at Zacks Investment ResearchEverspin Tech (MRAM) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - November 18 at 6:56 PM
Reviewing SMART Global Holdings (SGH) and Everspin Tech (MRAM)Reviewing SMART Global Holdings (SGH) and Everspin Tech (MRAM)
www.americanbankingnews.com - November 18 at 1:50 AM
Everspin Tech (MRAM) Price Target Cut to $15.00Everspin Tech (MRAM) Price Target Cut to $15.00
www.americanbankingnews.com - November 17 at 9:56 PM
Head-To-Head Comparison: Everspin Tech (MRAM) and SMART Global Holdings (SGH)Head-To-Head Comparison: Everspin Tech (MRAM) and SMART Global Holdings (SGH)
www.americanbankingnews.com - November 17 at 2:08 PM
Financial Comparison: Everspin Tech (MRAM) & SMART Global Holdings (SGH)Financial Comparison: Everspin Tech (MRAM) & SMART Global Holdings (SGH)
www.americanbankingnews.com - November 17 at 1:50 AM
SMART Global Holdings (SGH) versus Everspin Tech (MRAM) Financial ComparisonSMART Global Holdings (SGH) versus Everspin Tech (MRAM) Financial Comparison
www.americanbankingnews.com - November 16 at 11:02 AM
Everspin Adds Semiconductor Veteran as new Vice President of Operations - GlobeNewswire (press release)Everspin Adds Semiconductor Veteran as new Vice President of Operations - GlobeNewswire (press release)
globenewswire.com - November 15 at 6:29 AM
Everspin Technologies (MRAM) CEO Kevin Conley on Q3 2017 Results - Earnings Call Transcript - Seeking AlphaEverspin Technologies' (MRAM) CEO Kevin Conley on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - November 15 at 6:29 AM
Edited Transcript of MRAM earnings conference call or presentation 13-Nov-17 9:30pm GMTEdited Transcript of MRAM earnings conference call or presentation 13-Nov-17 9:30pm GMT
finance.yahoo.com - November 15 at 6:29 AM
Everspin Tech (MRAM) Given New $17.00 Price Target at Needham & Company LLCEverspin Tech (MRAM) Given New $17.00 Price Target at Needham & Company LLC
www.americanbankingnews.com - November 14 at 8:46 AM
Everspin Technologies Inc (MRAM): Time For A Financial Health CheckEverspin Technologies Inc (MRAM): Time For A Financial Health Check
finance.yahoo.com - November 14 at 3:14 AM
ETFs with exposure to Everspin Technologies, Inc. : November 13, 2017ETFs with exposure to Everspin Technologies, Inc. : November 13, 2017
finance.yahoo.com - November 14 at 3:14 AM
Everspin Announces Third Quarter 2017 Financial ResultsEverspin Announces Third Quarter 2017 Financial Results
finance.yahoo.com - November 14 at 3:14 AM
Everspin Adds Semiconductor Veteran as new Vice President of OperationsEverspin Adds Semiconductor Veteran as new Vice President of Operations
finance.yahoo.com - November 14 at 3:14 AM
Everspin Demonstrates Industry-Changing Performance at Supercomputing 17Everspin Demonstrates Industry-Changing Performance at Supercomputing 17
finance.yahoo.com - November 14 at 3:14 AM
Everspin Tech (MRAM) Issues Quarterly  Earnings Results, Beats Estimates By $0.02 EPSEverspin Tech (MRAM) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - November 13 at 9:32 PM
Everspin Tech (MRAM) Downgraded by Zacks Investment ResearchEverspin Tech (MRAM) Downgraded by Zacks Investment Research
www.americanbankingnews.com - November 11 at 2:20 PM
Zacks: Everspin Tech (MRAM) Given $18.33 Average Price Target by BrokeragesZacks: Everspin Tech (MRAM) Given $18.33 Average Price Target by Brokerages
www.americanbankingnews.com - November 11 at 5:28 AM
EVERSPIN TECH (MRAM) Set to Announce Earnings on MondayEVERSPIN TECH (MRAM) Set to Announce Earnings on Monday
www.americanbankingnews.com - November 6 at 5:44 AM
This markets favors the big techs. But that moment will passThis markets favors the big techs. But that moment will pass
www.msn.com - November 4 at 5:46 AM
Everspin To Announce Third Quarter 2017 Financial Results on November 13Everspin To Announce Third Quarter 2017 Financial Results on November 13
finance.yahoo.com - November 4 at 5:46 AM
ETFs with exposure to Everspin Technologies, Inc. : November 3, 2017ETFs with exposure to Everspin Technologies, Inc. : November 3, 2017
finance.yahoo.com - November 4 at 5:46 AM
ETFs with exposure to Everspin Technologies, Inc. : October 24, 2017ETFs with exposure to Everspin Technologies, Inc. : October 24, 2017
finance.yahoo.com - October 25 at 7:39 AM
EVERSPIN TECH (MRAM) Stock Rating Reaffirmed by Stifel NicolausEVERSPIN TECH (MRAM) Stock Rating Reaffirmed by Stifel Nicolaus
www.americanbankingnews.com - October 15 at 10:08 AM
ETFs with exposure to Everspin Technologies, Inc. : October 13, 2017ETFs with exposure to Everspin Technologies, Inc. : October 13, 2017
finance.yahoo.com - October 14 at 5:10 AM
ETFs with exposure to Everspin Technologies, Inc. : October 2, 2017ETFs with exposure to Everspin Technologies, Inc. : October 2, 2017
finance.yahoo.com - October 2 at 11:40 AM
Everspin Tech (MRAM) Expected to Post Quarterly Sales of $9.85 MillionEverspin Tech (MRAM) Expected to Post Quarterly Sales of $9.85 Million
www.americanbankingnews.com - September 26 at 1:36 AM
ETFs with exposure to Everspin Technologies, Inc. : September 19, 2017ETFs with exposure to Everspin Technologies, Inc. : September 19, 2017
finance.yahoo.com - September 20 at 6:32 AM
ETFs with exposure to Everspin Technologies, Inc. : September 9, 2017ETFs with exposure to Everspin Technologies, Inc. : September 9, 2017
finance.yahoo.com - September 9 at 6:23 AM
Everspin Tech (MRAM) Expected to Post Earnings of -$0.39 Per ShareEverspin Tech (MRAM) Expected to Post Earnings of -$0.39 Per Share
www.americanbankingnews.com - September 6 at 4:26 AM
Everspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 31, 2017Everspin Technologies, Inc. :MRAM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 6:02 AM
Needham & Company LLC Reiterates "Buy" Rating for Everspin Tech (MRAM)Needham & Company LLC Reiterates "Buy" Rating for Everspin Tech (MRAM)
www.americanbankingnews.com - August 28 at 4:26 PM
Everspin Rising on New CEO: Risk, But Also Opportunity, Says CanaccordEverspin Rising on New CEO: Risk, But Also Opportunity, Says Canaccord
finance.yahoo.com - August 25 at 8:45 AM
Everspin Appoints Semiconductor Storage Veteran Kevin Conley as CEOEverspin Appoints Semiconductor Storage Veteran Kevin Conley as CEO
feeds.benzinga.com - August 23 at 6:10 AM
 Brokerages Anticipate Everspin Tech (MRAM) Will Post Earnings of -$0.39 Per Share Brokerages Anticipate Everspin Tech (MRAM) Will Post Earnings of -$0.39 Per Share
www.americanbankingnews.com - August 18 at 4:18 PM

SEC Filings

Everspin Tech (NASDAQ:MRAM) SEC Filings

DateFilerForm TypeView

Social Media

Financials

Everspin Tech (NASDAQ:MRAM) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Everspin Tech (NASDAQ MRAM) Stock Chart for Monday, December, 11, 2017

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This page was last updated on 12/11/2017 by MarketBeat.com Staff

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