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

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$6.52 -0.05 (-0.76 %)
(As of 01/22/2019 09:59 AM ET)
Previous Close$6.57
Today's Range$6.5028 - $6.70
52-Week Range$5.30 - $11.48
Volume2,952 shs
Average Volume32,040 shs
Market Capitalization$112.31 million
P/E Ratio-3.86
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

Employees90
Market Cap$112.31 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) released its quarterly earnings results on Thursday, November, 8th. The business services provider reported ($0.33) EPS for the quarter, beating analysts' consensus estimates of ($0.34) by $0.01. The business services provider had revenue of $11.52 million for the quarter, compared to analyst estimates 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 was up 27.9% on a year-over-year basis. 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 earnings per share guidance of $(0.22)-(0.18) for the period, compared to the Thomson Reuters consensus earnings per share 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 equities research analysts have issued 1-year price targets for Everspin Technologies' stock. Their predictions 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 107.1% 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?

Media headlines about MRAM stock have trended very positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 news impact score of 3.2 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

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 (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.

Who are Everspin Technologies' major shareholders?

Everspin Technologies' stock is owned by a variety of of retail and institutional 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 purchased 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 $6.52.

How big of a company is Everspin Technologies?

Everspin Technologies has a market capitalization of $112.31 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 90 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:  170 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  342
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 1/22/2019 by MarketBeat.com Staff

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