NASDAQ:MRAM - Everspin Technologies Stock Price, News, & Analysis

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$6.57 -0.05 (-0.76 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$6.62
Today's Range$6.40 - $6.93
52-Week Range$5.30 - $11.48
Volume31,600 shs
Average Volume22,300 shs
Market Capitalization$114.38 million
P/E Ratio-3.89
Dividend YieldN/A
Beta2.24
Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products to customers in the United States and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, embedded MRAM, magnetic sensor, and aerospace and satellite electronic systems. The company provides its products for applications, including 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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$35.94 million
Book Value$0.85 per share

Profitability

Net Income$-21,100,000.00

Miscellaneous

Employees98
Market Cap$114.38 million
OptionableNot Optionable

Everspin Technologies (NASDAQ:MRAM) Frequently Asked Questions

What is Everspin Technologies' stock symbol?

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

How were Everspin Technologies' earnings last quarter?

Everspin Technologies Inc (NASDAQ:MRAM) issued its quarterly earnings data on Thursday, November, 8th. The business services provider reported ($0.33) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.34) by $0.01. The business services provider earned $11.52 million during the quarter, compared to the consensus estimate of $10.80 million. Everspin Technologies had a negative return on equity of 67.47% and a negative net margin of 37.90%. The business's revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.43) EPS. View Everspin Technologies' Earnings History.

When is Everspin Technologies' next earnings date?

Everspin Technologies is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Everspin Technologies.

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

Everspin Technologies updated its fourth quarter earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $(0.22)-(0.18) for the period, compared to the Thomson Reuters consensus estimate of ($0.30). The company issued revenue guidance of $11.8-12.2 million, compared to the consensus revenue estimate of $11.73 million.

What price target have analysts set for MRAM?

2 Wall Street analysts have issued 1-year price targets for Everspin Technologies' stock. Their forecasts range from $13.00 to $14.00. On average, they expect Everspin Technologies' stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 105.5% from the stock's current price. View Analyst Price Targets for Everspin Technologies.

What is the consensus analysts' recommendation for Everspin Technologies?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Everspin Technologies in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Everspin Technologies.

What are Wall Street analysts saying about Everspin Technologies stock?

Here are some recent quotes from research analysts about Everspin Technologies 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. " (1/9/2019)
  • 2. Needham & Company LLC analysts commented, "We maintain our $14 PT . Entering into 3Q, MRAM experienced less wafer output from its 200mm fab as yields were below normal. The product mix shifted to auto/industrial which require additional testing and constrain their ability meet demand. We expect a gradual improvement in yields in 3Q and ramp further in 4Q as capacity comes online. Net, with the IBM 9100 FlashSystem ramping and consistent Y/Y growth in core Toggle (+40% Y/Y), we believe MRAM remains a long-term play on disruptive memory technology." (8/9/2018)

Has Everspin Technologies been receiving favorable news coverage?

Headlines about MRAM stock have trended positive on Friday, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Everspin Technologies earned a news impact score of 2.8 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Who are some of Everspin Technologies' key competitors?

Who are Everspin Technologies' key executives?

Everspin Technologies' management team includes the folowing 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)
  • Mr. Jim Everett, VP of HR

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 $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.

Who are Everspin Technologies' major shareholders?

Everspin Technologies' stock is owned by many different of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.06%). Company insiders that own Everspin Technologies stock include Kevin Conley, Michael B Gustafson and Thomas Andre. View Institutional Ownership Trends for Everspin Technologies.

Which major investors are buying Everspin Technologies stock?

MRAM stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have bought Everspin Technologies stock in the last two years include Kevin Conley and Michael B Gustafson. View Insider Buying and Selling for Everspin Technologies.

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, Scottrade, Fidelity and Charles Schwab.

What is Everspin Technologies' stock price today?

One share of MRAM stock can currently be purchased for approximately $6.57.

How big of a company is Everspin Technologies?

Everspin Technologies has a market capitalization of $114.38 million and generates $35.94 million in revenue each year. The business services provider earns $-21,100,000.00 in net income (profit) each year or ($1.69) on an earnings per share basis. Everspin Technologies employs 98 workers across the globe.

What is Everspin Technologies' official website?

The official website for Everspin Technologies is http://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.


MarketBeat Community Rating for Everspin Technologies (NASDAQ MRAM)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  171 (Vote Underperform)
Total Votes:  340
MarketBeat's community ratings are surveys of what our community members think about Everspin Technologies and other stocks. Vote "Outperform" if you believe MRAM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRAM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

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